Distributor STM Bags Selects NetSuite OneWorld For Business Operations

STM Bags, a global designer and distributor of laptop bags, tablet and phone cases, has announced that NetSuite OneWorld has been implemented to run its entire business operations. NetSuite OneWorld is managing core processes including financial consolidation, customer relationship management (CRM), demand and supply planning, inventory management, order management, document management, warehouse management, invoicing and payroll. NetSuite OneWorld also provides STM Bags with multi-subsidiary, multi-country taxation compliance and multi-currency support (AUD, USD, NZD, SGD, HKD and CNY).

Founded in Sydney in 1999, STM Bags is run as two separate entities for taxation and reporting purposes with one headquartered in California responsible for the U.S., Canada, Central and South America and the other headquartered in Sydney responsible for all other global regions, including its two offices in the U.K. and India. The company also utilizes 10 third-party warehouses, three in Australia, three in Asia, three in the U.S. and one in the U.K., from where it manages its distribution activities.

STM Bags undertook an exhaustive search of solutions to replace their outdated systems but quickly realized that NetSuite OneWorld was the best solution that could accommodate all of its global and cross entity requirements, as well as providing anywhere and anytime access for its employees.

As a result of the implementation, STM Bags has experienced the following benefits:
•Real-time analytics and business intelligence
•Easy global subsidiary management
•Superior order and inventory management
•Sophisticated warehouse management
•Single view of the customer
•Global tax compliance
•Eliminated significant IT cost and complexity

To read more about the STM Bags implementation, as well as additional white papers and case studies, visit the NetSuite Newsroom.

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