Technology plus! Oracle NetSuite helps ECHEMI optimize corporate resources and create an

With the continuous development of the global chemical industry, companies are facing increasing competitive pressure and market demand. In order to win a place in the fierce market competition, chemical companies need to break through the limitations of the traditional development model, continuously carry out technological innovation and management upgrades, and comprehensively carry out intelligent and scientific information management.

Qingdao ECHEMI Technology Co., Ltd. (hereinafter referred to as "ECHEMI") has been deeply involved in the chemical industry for more than ten years, and has gradually transformed into a digital distribution service platform for fine chemical products with global service capabilities. This unique move has enabled ECHEMI's business to achieve proud results.

Fruit needs strong branches to support it. The rapid development of business has brought an unbearable burden to the management level. ECHEMI has established 25 branches and offices and 8 overseas warehouses around the world, with customers in 112 countries around the world. The existing system cannot support the coordinated operation of such a large business organizational structure as ECHEMI. An information system that can flexibly support global business development and group management is its weapon to break the situation.

On November 29, 2022, after three months of selection and evaluation, ECHEMI finally joined hands with Oracle NetSuite and Hitpoint Cloud to start the enterprise information upgrade, and the project was successfully launched on October 20, 2023. On the same day, relevant personnel from the three parties gathered at ECHEMI's headquarters in Qingdao to hold a project launch meeting, bringing a perfect end to the first phase of the project. At the same time, the three parties held an "Enter ECHEMI" event to tell the digital stories of ECHEMI, Oracle NetSuite, and Hitpoint Cloud, and also laid a harmonious tone for continued cooperation in the future.

About ECHEMI

ECHEMI is committed to building the world's largest chemical digital ecosystem, providing global customers with chemical raw material supply, industry research and market analysis, warehousing and logistics, e-commerce and after-sales services. Relying on the rich chemical resources at home and abroad of its self-operated team, ECHEMI optimizes the allocation of global chemical resources through the combination of "Internet + cross-border trade", so that products can sold abroad..

Flexible customization and global expansion

ECHEMI's digital gene is deeply embedded in its corporate strategy. "Using the Internet to drive group growth and improve operational efficiency" is part of the core content of its "PINES" strategy, which is also a prerequisite for the smooth development of subsequent cooperation among the three parties.

During the period of contact with Oracle NetSuite and Hitpoint Cloud, ECHEMI also simultaneously inspected many similar types of software on the market. However, ECHEMI's own business logic is flexible and its financial logic is also quite complex. The CRM, project management, and ERP itself carried by Oracle NetSuite are all related to low-code and have highly customized features that can perfectly fit ECHEMI's business logic. Therefore, Oracle NetSuite was most in line with ECHEMI's considerations in all aspects, and the cooperation was finally reached.

Hitpoint Cloud's powerful implementation capabilities are also a major guarantee for the successful launch of this project. Although there were twists and turns during the project implementation, the team's full cooperation and active communication finally led to the successful launch of two standard management systems, ERP and CRM, injecting strong impetus into ECHEMI's digital construction.

Business value

01. Based on business characteristics, build a unified customer and supplier master data management process. Support business analysis and application extension, and define product master data management system.

02. Comprehensively sort out the sales process and build an end-to-end sales management process of quotation, contract, order, shipping and settlement.

03. Based on the requirements of business nodes in the process, generate business reminders for each role, and update and send them in real time.

04. Real-time report statistical analysis to quickly grasp important information such as corporate operating status, product sales and inventory, production efficiency.

05. The business and financial departments operate the same business object based on a set of basic data on Oracle NetSuite platform. Changes in business documents are directly reflected at the financial level, and business and finance are always consistent.

06. The transfer of cargo rights is automatically completed at the corresponding business node according to the trade terms to realize the automation of inter-company transactions.