Customer Success Story

Folio3 implemented NetSuite SuiteSuccess Wholesale Distribution Premium for Voxx Wheels, along with Warehouse Management System (WMS), Advanced Procurement, and Advanced Financials, including custom order processing automation to optimize their aftermarket automotive wheel distribution operations.

Company

Voxx Wheels

Company Size

11-50

Industry

Automotive

Region

US

About Voxx Wheels

  • Leading provider of aftermarket automotive wheels.
  • Wholesale distribution specialist serving automotive retailers and installers.
  • Focused on high-quality wheel products for diverse vehicle applications.
  • Single US-based subsidiary operations.

Voxx Wheels & NetSuite

With NetSuite implementation, Voxx Wheels:

  • Implemented Warehouse Management System (WMS) for advanced inventory tracking with bin management
  • Deployed Advanced Procurement capabilities for optimized purchasing and vendor management
  • Configured Advanced Financials for comprehensive financial reporting and analysis
  • Developed custom order automation to streamline order processing workflows

Summary

Voxx Wheels operated without integrated systems for warehouse management, procurement, and financial operations, requiring manual processes for order fulfillment, inventory tracking, and vendor management across their wholesale wheel distribution business.

Folio3 implemented NetSuite SuiteSuccess Wholesale Distribution Premium with WMS module for bin-level inventory tracking, Advanced Procurement module for vendor management, Advanced Financials module for reporting, creating an integrated platform for wholesale distribution operations.

Voxx Wheels achieved streamlined warehouse operations with WMS, automated order processing workflows, enhanced procurement capabilities, and comprehensive financial visibility across their distribution operations.

The Challenges

  • Lacked warehouse management capabilities for bin-level inventory tracking and fulfillment optimization.
  • Required advanced procurement functionality for vendor management and purchasing workflows.
  • Needed comprehensive financial reporting and analysis capabilities beyond basic accounting.
  • Had manual order processing workflows requiring automation for efficiency.
  • Required integration of sales orders, fulfillment, and shipping processes.
  • Lacked visibility into inventory across multiple warehouse locations and bins.
  • Needed automated sales tax configuration for US operations.
  • Required support for complex wholesale distribution pricing with tier pricing and price levels.

Solution

Voxx Wheels partnered with Folio3 to implement NetSuite SuiteSuccess Wholesale Distribution Premium with custom order automation.

Our implementation purpose was to address the specific challenges faced by wholesale distributors, particularly in warehouse management and order processing automation. Our solution focused on:

  • NetSuite SuiteSuccess Wholesale/Distribution Premium with single US subsidiary configuration.
  • Warehouse Management System (WMS) with bin management for precise inventory location tracking and optimized picking workflows.
  • Advanced Procurement for enhanced vendor management, purchase order workflows, and vendor return authorizations.
  • Advanced Financials with budgets, bank feed integration, and advanced reporting capabilities.
  • Custom Order Processing Automation to streamline order workflows and reduce manual processing.
  • Inventory Management with serial numbering, lot numbering, bin management, and advanced inventory costing.
  • Item master configuration supporting inventory and non-inventory items with tier pricing and price levels.
  • Sales order fulfillment with shipping label integration (FedEx, USPS, UPS) for automated shipping.
  • Customer Center for self-service order tracking and account management.
  • Dunning Letters automation for systematic accounts receivable collections.
  • Revenue Management for subscription-based revenue recognition if applicable.
  • Fixed Assets module for asset tracking and depreciation management.
  • CRM functionality for lead-to-customer conversion and opportunity management.
  • Support Management with case tracking for customer service operations.
  • Consolidated invoicing capabilities for multi-order billing scenarios.
  • Data migration including vendors (up to 1,000), customers (up to 10,000), items (up to 3,000), GL trial balance, inventory on-hand, open transactions, and 2 years of financial history.

Results

With NetSuite SuiteSuccess Wholesale/Distribution Premium Implementation, Folio3 helped Voxx Wheels achieve the following:

  • WMS implementation provides bin-level inventory tracking and optimized warehouse fulfillment workflows.
  • Order processing automation eliminates manual workflows and accelerates order-to-cash cycle.
  • Advanced Procurement streamlines vendor management and purchasing processes.
  • Advanced Financials delivers comprehensive reporting and analysis across all business operations.
  • Shipping label integration automates FedEx, USPS, and UPS label generation for all orders.
  • Integrated platform unifies sales, fulfillment, inventory, and financial operations on single system.

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