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Wednesday, September 24, 2014

Point 6 Runs Mission-Critical Business Processes with NetSuite Cloud

NetSuite, a provider of cloud-based financials, ERP, and omnichannel commerce software suites, recently announced that Point6, a manufacturer, distributor and retailer of performance-oriented socks for hiking, running, cycling, skiing and other outdoor activities, has successfully deployed NetSuite for supporting its fast-growing business.

The Colorado based company is utilizing NetSuite cloud to run its core business operations including financials, inventory management, order management, fulfillment and warehouse management. This result of this implementation is that Point6 has streamlined the order to cash business process, improving visibility and control over its fast-growing business, with products distributed across hundreds of retail locations in the U.S. and 17 countries worldwide.

Prior to implementing NetSuite cloud, Point6 was struggling with:
•Problems accessing and interpreting key business data.
•The rising costs for licensing and third-party IT consultants.
•Delays in financial and operational processes that hindered Point6's ability to react quickly to challenges and opportunities while impacting productivity.
•No real-time visibility into key business performance indicators.

With NetSuite in place, Point6 is realizing the following benefits:
•Accelerated monthly financial close time.
•Real-time analytics that has given Point6 new insights into financials.
•Configurations and customizations that carry forward automatically with no need for hardware.
•More efficient channel distribution.
•Better inventory and fulfillment.
•Improved capabilities with material sourcing and contract manufacturing.
•New CRM and marketing capabilities.

To read more about the Point 6 implementation of NetSuite cloud, visit the NetSuite Newsroom.

The Brown Smith Wallace 2014-15 Distribution and Manufacturing Software Guides are currently available for download. Please contact snelson@bswllc.com for more information about these latest editions.


 
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