Theo & Philo offers more than a dozen varieties of premium, locally-sourced chocolate products today. When production volume soared 700% to about 14,000 bars a month, the organisation faced challenges keeping pace with its previous system as inventory management was handled manually and tracked on paper.
Since going live on NetSuite in November 2015, Theo & Philo has been using NetSuite for accounting, inventory management, order management, invoicing and purchasing—all within a single cloud ERP system. With NetSuite, Theo & Philo is able to better plan and manage sourcing, production and distribution and increase efficiency while saving both time and money compared to the error-prone manual work required by their previous software and paper-based processes.
“NetSuite is an integral part of our day-to-day operations and a scalable platform for our continued growth,” Theo and Philo Founder Philo Chua said. “We’re a lot more efficient and, as we grow, the automated process flows and checks and balances that we need are already in place within NetSuite.”
Through its continued global growth and success, Theo & Philo, a social enterprise and grantee of the NetSuite Citizenship software donation programme, has been able to help improve social welfare in the Philippines in partnership with Gawad Kalinga, a nonprofit organisation committed to ending poverty for 5 million Filipino families by 2024.
Since implementing Netsuite, Theo & Philo has been able to achieve:
Through its continued global growth and success, Theo & Philo, a social enterprise and grantee of the NetSuite Citizenship software donation programme, has been able to help improve social welfare in the Philippines in partnership with Gawad Kalinga, a nonprofit organisation committed to ending poverty for 5 million Filipino families by 2024.
Since implementing Netsuite, Theo & Philo has been able to achieve:
International growth. Theo & Philo has expanded sales to foreign distributors in recent months, using NetSuite’s multi-currency capabilities for transactions in the Euro for Germany and the US dollar for Japan.
Real-time access. Compared to the limitations of its previous QuickBooks desktop application, Theo & Philo now enjoys anywhere, anytime cloud-based capable access to NetSuite with no need for on-premise software and servers.
Streamlined inventory and distribution. Real-time data has helped Theo & Philo control inventory and accelerate production and distribution with visibility that helps spotlight issues and areas for improvement.
Customisation. Leveraging the NetSuite SuiteCloud Platform, Theo & Philo can adapt NetSuite to unique business needs, for instance, a customisation by Tech for Good, a PGE Solutions sister company, enables the company to seamlessly manage consignment inventory and associated sales orders.
Future-proofed for growth. As a unified suite, NetSuite offers Theo & Philo functionality for CRM, ecommerce, product assembly, lot tracking and more as the social enterprise continues to grow.
Real-time access. Compared to the limitations of its previous QuickBooks desktop application, Theo & Philo now enjoys anywhere, anytime cloud-based capable access to NetSuite with no need for on-premise software and servers.
Streamlined inventory and distribution. Real-time data has helped Theo & Philo control inventory and accelerate production and distribution with visibility that helps spotlight issues and areas for improvement.
Customisation. Leveraging the NetSuite SuiteCloud Platform, Theo & Philo can adapt NetSuite to unique business needs, for instance, a customisation by Tech for Good, a PGE Solutions sister company, enables the company to seamlessly manage consignment inventory and associated sales orders.
Future-proofed for growth. As a unified suite, NetSuite offers Theo & Philo functionality for CRM, ecommerce, product assembly, lot tracking and more as the social enterprise continues to grow.
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