Oracle NetSuite Global Business Unit, a leading provider of cloud-based financials / ERP, HR, Professional Services Automation (PSA suites, has announced that Dowi Hosiery Mills, manufacturer of hosiery products, has increased inventory turnover and expanded product lines, deploying NetSuite, to modernise and streamline key business processes.
Dowi Hosiery Mills now uses NetSuite for financials, order management, invoicing, billing, purchasing, receiving, shipping, RMA management, multi-location inventory, reporting, and analytics.
With NetSuite cloud ERP, Dowi is able to improve operational efficiency and productivity as well as gain the scalability needed to grow its business. As a result, Dowi Hosiery notes that it saved eight full-time employees that it otherwise would have needed to add just to keep up with the order processing and inventory tracking demands under the old systems and accelerated the path to market for new lines of socks with high-tech fibres. The company also observed that it is able to deliver much better service to its retail partners.
NetSuite delivers key features and benefits to power Dowi Hosiery Mills’ success like efficient order management, which helps the company streamline order management processes by centralising orders and efficiently processing them, reducing shipping delays and improving order accuracy. With multi-location inventory management, Dowi Hosiery Mills is now able to run its operations with full transparency across all warehouses and stores, helping it to track real-time supply and demand. Inventory transfers appear processed much more quickly, and Dowi’s entire logistics chain is functioning more smoothly.
With Native cloud solution, there is no longer a need to endure version lock, painful upgrades and maintaining on-premise systems. Instead, Dowi can now get automatic product upgrades twice a year and a platform that allows for easy customisations and integrations.
Using rapid implementation, Dowi Hosiery Mills was able to go live on NetSuite within a few months, speeding time to value. With a unified platform, Dowi Hosiery Mills has real-time access to a single source of data across its entire enterprise to quickly make more informed decisions. Customisation and integration capabilities within the NetSuite SuiteCloud development platform have helped Dowi Hosiery Mills tailor the system and integrate with other systems easily to meet its unique business needs and requirements.
NetSuite’s intuitive, easy-to-use design makes users much more productive, both in day-to-day use as well as when processing complex transactions. NetSuite’s scalable infrastructure enables the business to be flexible as it expands to support growth without significant expenses.
With NetSuite, Dowi Hosiery Mills can gain real-time insights into key business performance indicators for a unified view across the head office and its subsidiaries and can gain a single version of truth. (GK)
Fibre2Fashion News Desk – India