"NetSuite has been a big part of the Rags2Riches effort to help our artisans lift themselves and their families out of poverty."
Philippines-based social enterprise benefits with business fluidity and visibility in bringing locally made purses, wallets, totes, accessories and other goods to market.
NetSuite scope and efficiency has helped Rags2Riches expand its community of partner artisans, mostly economically disadvantaged women.
Scalable NetSuite solution supports rapid growth, including a 150% increase in revenue and a three-fold expansion of full-time staff between 2011 and 2012.
Cloud business management is a key enabler for Rags2Riches to build on the roots of its eco-ethical business begun in 2007, engaging women who crafted goods from scraps at a large Manila dumpsite.
Phase 2 will also expand international direct-to-consumer sales, complementing product sales at leading brick-and-mortar and digital retailers in the Philippines.
NetSuite Light Manufacturing module will help track work across decentralised artisan community and improve final assembly at quality assurance of up to 2,000 products a month at its central Manila workshop.
Rags2Riches needed a full-featured business solution as it outgrew its previous software and struggled with manual paper-based processes.
Lack of monitoring on raw materials, finished goods inventory and product-line profitability forced managers into guesswork business decisions.
Social enterprise could not afford to invest limited resources into a costly on-premise ERP system and employ IT personnel for ongoing maintenance and troubleshooting.
NetSuite.org corporate citizenship programme facilitated licencing of free and discounted NetSuite software to run core business processes, enable efficiency and drive growth.
NetSuite Solution Provider partner PGE provides implementation and optimisation services to help Rags2Riches make the most of NetSuite.
Phase 2 implementation will build on success with new capabilities for more efficient order management, fulfilment and production, and expansion of B2C and B2B sales channels.
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