Sales per square foot has been a common benchmarking metric in the retail industry for decades, and although the introduction of ecommerce has made it less so, it’s still critical for retailers offering successful omnichannel experiences that include brick and mortar locations. The metric helps retailers make the right resourcing decisions and understand the proper (…)
10 Top New KPIs for Finance in Manufacturing by SuiteAnalytics BI
A fast cycle time is critically important to manufacturers in an era where 2-day deliveries have become the normal customer expectation. Cycle time and lead time are frequently confused. Cycle time represents the time it takes from the start of production to when an order is complete, while lead time starts at the time the (…)
10 Top New KPIs for Finance in Wholesale and Distribution by SuiteAnalytics BI
Distributors are experiencing a major shift in the standards for B2B purchasing. More companies are purchasing goods via multiple channels rather than from a dedicated distributor. Buyers are accustomed to having detailed information on all products—availability, delivery data, etc.—at their fingertips online. To meet these expectations, distributors are expected to have top notch eCommerce sites (…)
NetSuite China Localization Service
Why NetSuite China Localization? For multi-national companies using Oracle NetSuite, expanding your footprint to China on the unified NetSuite cloud ERP platform in finance, manufacturing, sourcing, sales and operations brings unprecedented financial transparency and operational efficiencies to a global organization. Above all benefits, NetSuite is essential in helping your organization to meet China’s statutory reporting (…)
500 Entrepreneurs’ Inspirations in COVID-19
In a recent survey* of more than 500 entrepreneurs in Hong Kong and other Asia countries from various sectors, surprisingly more than 50% of respondents reported that their businesses have been positively impacted or not impacted at all by COVID-19. Summarising their learnings, apart from the hardworking, passion and resilience qualities of the business leader, (…)
66% of Tech IPOs on NetSuite Cloud ERP System
Oracle NetSuite has recently unveiled that NetSuite customers make up 66% of tech IPOs since 2011 in the US including Alkami Technology, AppLovin, Coinbase, ON24, SkyWater Technology Foundry, thredUP, TuSimple, & Urban Compass#CustomerLove. In 2021 alone, a total of 42 NetSuite customers have gone through a SPAC (Special Purpose Acquisition Company) or IPO (Initial Public Offering) in a webinar presented by Tom (…)
Sucess Story Wholesale & Distribution: Marque Makers
Marque Makers’ strong global business foundation built by ONE Pacific on Oracle NetSuite. The global licensee of Adidas and prestigious sports brands experienced high growth journey with ONE Pacific, with their sustainable and resourceful consultancy services on business model and system migration from QuickBooks to NetSuite. Business Challenges Chaired by Greg Patti, the visionary leader (…)
NetSuite Customer Story: Right Way Medical
Wholesaler Right Way Medical Invests in Its Future With ERP Right Way Medical is a medical device distributor that sells specialty IVs, durable medical equipment like walkers and wheelchairs, and other high-quality health care products to medical providers. The company’s customer-first approach, with creative financing options, sets it apart from the competition. In 2020, Right (…)
NetSuite Customer Story: Handheld Group
Handheld Accelerates Global Expansion with NetSuite OneWorld Founded out of the Scandinavian division of Husky Computers by one of the pioneers of rugged device market, Handheld Group saw its business take off as it expanded internationally to nine different countries and $30 million in revenue from its headquarters in Sweden. Yet, the local accounting software (…)