As an enterprise with an international perspective, Jiangsu Maxdao Technology Limited. (hereinafter referred to as "Maxdao") is very forward-looking in grasping the current situation and the market, and is good at making full use of digital tools to empower enterprise management. On August 22, 2023, Maxdao Oracle NetSuite Cloud ERP project kick off meeting was successfully held in Taizhou City. Key personnel from the tripartite projects of Maxdao, Oracle NetSuite, and Hitpoint Cloud all attended the launch meeting, summarized and reviewed the project history, and made new plans and prospects for future system application scenarios and business models.

Jiangsu Maxdao Technology Limited. is a manufacturer of communication system accessories. It was established in 2010. It has a factory area of 1,200 square meters and more than 100 employees. Its mission is to provide simple and efficient communication solutions. The company's products include connectors, cable clamps, RF arresters, grounding devices, cables, hanging nets, waterproof components, etc., which are exported to Southeast Asia, North America, the Middle East, Europe and other regions.

At the meeting, Maxdao CEO Mr. Leng told us the story about the project. At the end of 2020, Maxdao established a new American branch. How to efficiently operate the American branch has become an urgent problem for Maxdao. Information tools such as ERP have become a breakthrough. Combined with its own business needs and characteristics, Maxdao summed up the characteristics that an ideal ERP should possess. The system needs to have a relatively international interface. It can be customized and developed according to the company's past experience, can realize the integration of reports and report data between different regions, and can reflect the company's operations in a digital way during the operation process. After intensive evaluation and selection, Maxdao found that only NetSuite, a global cloud ERP, can really meet all the above requirements, helping Meadows practice global integrated management and control.

After actually running the business on the system, Maxdao found that there were still some problems, and the system was not fully utilized. Later, by chance, Maxdao learned about Hitpoint Cloud, which has 14 years of NetSuite practice accumulation. Under the cooperation of the two parties, Maxdao has realized the report consolidation and MRP calculation through the system for the first time, and realized the efficient management of global business, which almost meets all the assumptions of Maxdao about the system operation mode at the current stage. This cooperation is a new leap forward in the digital management of enterprises for Maxdao, realizing efficient management of enterprises from the data level.

During the period, Mr. Yan, vice president of Hitpoint Cloud, mentioned: "The utilization of the system will have a gradual process of solidification, optimization, and upgrading. With the changes in the market environment, NetSuite can bring great benefits to the business development and expansion of Maxdao. help. The value of NetSuite will be more fully reflected in the future.”

Benefit improvement:

Material Requirements Planning: The new Material Requirements Planning (MRP) module allows users to analyze demand and calculate the supply and demand relationship of materials, so as to arrange production and procurement more reasonably.

Sales management: Clean up and correct the existing CRM data and sales data of subsidiaries in the current system, and enable the inter-company transaction mode to make the system business closer to the actual situation.

Production management: Work orders can be generated from the material requirements plan, reducing the user's workload of manually placing work orders. The development of functions such as work order printing, work order picking, and subcontracting work orders standardize business processes. The system can provide a production process table to monitor the production process and analyze production costs.

Supply chain management: purchase orders can be pushed down from the purchase requisitions generated by the MRP side. The system enables return management, which can assess supplier returns. It also enables supplier price lists, which allow for permission control over price lists.

Financial management: The system can comprehensively reorganize the cost calculation method of goods, and enable standard cost for accounting. Enterprises conduct financial management in the NetSuite system, truly realizing the integration of business and finance.

System permissions: By customizing menus and role permissions in the system, enterprises can implement different roles in the system with clear responsibilities.

In the future, the NetSuite system will grow together with Maxdao, helping the Maxdao team to expand global business more efficiently and compliantly.