SAN JOSE, Calif., May 18, 2016 /PRNewswire/ -- NETSUITE
SUITEWORLD 2016 -- NetSuite Inc. (NYSE: N), the industry's
leading provider of cloud-based financials / ERP and omnichannel
commerce software suites, today announced that URBAN626,
manufacturer of the URB-E compact electric vehicle, has implemented
NetSuite to help bring new clean energy transportation solutions to
urban commuters worldwide. Since deploying NetSuite, the company
has already tripled its daily sales volume without increasing
overhead. Instead of being constrained by legacy software with
inflexible workflows and limited visibility, URBAN626 can reach a
global buying audience with American-manufactured vehicles and a
vision of a greener tomorrow. Based in Pasadena, Calif. and founded in 2015, URBAN626
uses NetSuite to manage mission-critical business processes
including financials, manufacturing, work order management and
assembly.
URBAN626 was founded to solve last-mile transportation problems
for growing urban populations worldwide. Shortly after starting
full production in 2015, however, the company recognized that its
previous on-premise ERP system was not up to the challenge of
building and sustaining a global manufacturing business. Even with
a tightly connected business model that centralizes manufacturing
in its Pasadena headquarters, the
old system lacked the order and inventory visibility necessary for
sustained success. The lack of integration between the on-premise
ERP system and the company's ecommerce system slowed fulfillment.
With interest in compact, reliable, and portable electric vehicles
on the rise, the company knew it had to be prepared to execute
during sudden surges in demand.
Knowing the importance of impeccable fulfillment and unfettered
growth, the company decided not to wait for a crisis and acted
quickly to implement NetSuite in October
2015. The new solution took just 30 days to implement, an
extremely rapid timeframe for any software, let alone an ERP
solution. NetSuite tracks the sales and work orders for every URB-E
vehicle assembled and shipped worldwide, as well as the vendor
relationships, which supply over 200 parts and subsystems. For a
growth-stage company, saving minutes on every step of the order,
build, and fulfillment cycle can translate into greater returns.
URBAN626 has already tripled daily sales since implementing
NetSuite without missing a beat, and is positioned for more
worldwide growth.
"We knew that dedicating the resources to a NetSuite
implementation early on would pay off for the company," said
Frank Rosales, URBAN626 Director of
Operations. "NetSuite's power and flexibility frees us to focus on
inventing and manufacturing products that are innovative,
intuitive, and beautifully constructed."
NetSuite plays an indispensable role in URBAN626's global
business model by providing:
- Superior inventory management that enables URBAN626 to better
plan for how much inventory it needs, track the movement of goods,
and meet customer demand much more quickly.
- A breadth of functionality that is designed for modern
businesses, helping the company to streamline mission-critical
business processes and improve operational efficiency.
- Rapid deployment that enabled URBAN626 to get up and running
very quickly, in a matter of weeks vs. years.
- A highly scalable system, with the ability to quickly and
easily add functionality as a business evolves.
- Built-in business intelligence that provides real-time insights
into key business performance indicators for a unified view of the
organization, and delivers a single version of truth.
- A flexible and agile platform, the NetSuite SuiteCloud
Platform, that can easily enable the company to customize NetSuite
to meets its business requirements and to integrate with other
third party systems, including POS at its Pasadena retail location and a 3PL
partner.
NetSuite's comprehensive cloud ERP platform manages everything
including manufacturing build plans and sales account management,
helping URBAN626's team members pursue opportunities with hotel
chains and corporate campuses. The ecommerce integration helps to
ensure the company is building and properly customizing each URB-E
as quickly as orders come in. Future plans include EDI integration
with partners and suppliers, which can further streamline
operations, and potential international capabilities as the
company's worldwide footprint expands.
"We expect that within two years we may sell more product
outside the US than inside," Rosales said. "NetSuite is like
another member of our family that we can rely on to give us the
capabilities we need to grow and develop into a global force."
Today, more than 30,000 companies and subsidiaries depend on
NetSuite to run complex, mission-critical business processes
globally in the cloud. Since its inception in 1998, NetSuite has
established itself as the leading provider of enterprise-ready
cloud business management suites of enterprise resource planning
(ERP), customer relationship management (CRM), and ecommerce
applications for businesses of all sizes. Many FORTUNE 100
companies rely on NetSuite to accelerate innovation and business
transformation. NetSuite continues its success in delivering the
best cloud business management suites to businesses around the
world, enabling them to lower IT costs significantly while
increasing productivity, as the global adoption of the cloud
accelerates.
Follow NetSuite's Cloud blog, NetSuite's Facebook page and
@NetSuite Twitter handle for real-time updates.
For more information about NetSuite, please visit
www.netsuite.com.
NOTE: NetSuite and the NetSuite logo are service marks of
NetSuite Inc. Third-party trademarks mentioned are the property of
their respective owners
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SOURCE NetSuite Inc.