Oracle NetSuite Corporate Communications
Specialty Textile Manufacturer Increases Inventory Turnover, Expands Product Lines with NetSuite Cloud ERP
SAN MATEO, Calif., and MAKATI CITY, Philippines—May 11, 2017—Oracle NetSuite Global Business Unit, one of the world’s leading providers of cloud-based financials / ERP, HR, Professional Services Automation (PSA) and omnichannel commerce software suites, today announced that Dowi Hosiery Mills, a household name and a leading manufacturer of socks and other hosiery products in the Philippines, has implemented NetSuite in September, 2014 after replacing a multitude of legacy, homegrown, custom software systems, manual processes and multiple databases to modernize 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 fibers. The company also observed that it is able to deliver much better service to its retail partners.
Since 1979, Dowi Hosiery Mills has provided durable, comfortable socks and hosiery to the Philippine market, selling brands such as Darlington and Exped through nearly 100 retailers. Dowi’s retail partners include some of the nation’s most prominent names including SM, Robinsons and Landmark. Each retailer has its own requirements for order integration and data transparency, and their needs are growing more sophisticated every day. Dowi had operated its business for years on homegrown, custom software and databases, but the system had severe limitations. The company felt these software limitations harmed the company’s ability to strengthen its retail relationships, and made it difficult to accurately match manufacturing output with demand.
“Our old software needed too many clicks and actions to complete basic transactions, which led to numerous delays,” said Marvin Tan, VP for Operations at Dowi Hosiery Mills.
Dowi considered several on-premise solutions, but chose NetSuite for a native cloud ERP solution that meets the needs of a modern, growing business.
NetSuite delivers the following key features and benefits to power Dowi Hosiery Mills’ success:
“With NetSuite, we understand all of our inventory with the click of a button, and we never have to worry about servers or software,” Tan said. “Everything we need to run our business is easy to see and operate, and we can access our solution from anywhere.”
About Oracle NetSuite Global Business Unit
Oracle NetSuite Global Business Unit pioneered the Cloud Computing revolution in 1998, establishing the world’s first company dedicated to delivering business applications over the internet. Today, Oracle NetSuite Global Business Unit provides a suite of cloud-based financials / Enterprise Resource Planning (ERP), HR and omnichannel commerce software that runs the business of companies in more than 100 countries. For more information, please visit http://www.netsuite.com.
The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at http://cloud.oracle.com.
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