Carryboy Philippines Accelerates Its Growth in the Auto Accessories Market with NetSuite


Carryboy

Company

Carryboy

Location

Quezon City, Philippines

Industry

Wholesale Distribution, Retail

Applications Replaced

QuickBooks, Excel


"The inventory management capabilities of NetSuite have been very valuable because it's the lifeblood of our business and the synergy of numerous functions has given us a competitive advantage." Carryboy

Customer Success

  • Carryboy Philippines has gained new flexibility running its business on NetSuite, with B2C and B2B sales of canopies, rollbars, pick-up bed covers and other auto and truck accessories.
  • Revenue has increased by double digits since Carryboy Philippines upgraded to NetSuite from QuickBooks, with sales at four retail stores, more than two dozen retail partner locations and hundreds of distribution partners.
  • Order-to-shipment-to-cash processes have been streamlined, with NetSuite order management supplying scalability to handle large transaction volumes.
  • Employee productivity has improved 50% through the elimination of manual data work and simple, on-demand information access in NetSuite.
  • Carryboy Philippines has improved visibility and control over inventory management, streamlining reordering and helping ensure availability for customer orders.
  • Cost-efficiencies made possible in NetSuite translate into attractive product pricing, as well as promotions and discounts.
  • Flexible on-demand reporting enables Carryboy Philippines management to track and optimise every aspect of the business.

Challenges

  • QuickBooks lacked functionality and scalability for growth at Carryboy Philippines, affiliated with the Thailand-based Carryboy, with units in Australia, Germany, Kenya, New Zealand, Romania, South Africa, South Korea, Ukraine and the U.K.
  • Limited visibility in QuickBooks undermined management's ability to make informed decisions and optimise inventory, sales, financial and other processes.

Solution

  • Carryboy Philippines selected NetSuite as a cloud solution that would enable it to avoid the high capital costs and ongoing maintenance of on-premise ERP.
  • Implementation by NetSuite Solution Provider partner IT Group Inc. in 2011 helped ensure that Carryboy Philippines realised maximum value from its NetSuite solution.
  • NetSuite delivers breakthrough synergies across multiple departments, including retail, dealerships, inventory, sales and finance.

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