Oracle NetSuite, 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 home
furnishings designer Jonathan Adler has realized rapid growth since going live
on NetSuite OneWorld in July 2012. NetSuite’s flexibility has allowed Jonathan
Adler to expand the number of its company-run retail stores from 18 to 26,
including two in the U.K.. Wholesale retail partners have also grown from 500
to more than 1,000 across 30 countries, including such top names as Neiman Marcus,
Bloomingdale’s, Harrod’s and Saks Fifth Avenue. As SKU volume has soared from
12,000 to 33,000, NetSuite OneWorld has provided Jonathan Adler with seamless
global financial consolidation across its U.S. and U.K. subsidiaries, and the
ability to transact multiple currencies.
“NetSuite has made us smarter, faster and more capable,” said Damen
Seminero, Jonathan Adler CTO. “NetSuite has taken us from guesswork to having
real-time numbers and information in one location, and there’s no greater
benefit than that. It has allowed us to grow and add new locations without ever
pausing.”
Jonathan Adler Extends its ‘Fantasy
Factory’ Design Environment to Business
Headquartered in New York City’s SoHo
neighborhood, Jonathan Adler has been the authority on Modern American glamour
since 1993. The office is affectionately referred to as “Fantasy Factory,” a
cheeky nod to Warhol’s Factory. Inside the vibrant and colorful office, Adler
and his team design everything from pottery and furniture to textiles, lighting
and more. With of plenty of dogs running around, the “Fantasy Factory” is
designed to bring ideas to life through collaboration, irreverence and
creativity.
As the company grew, it found that its
previous software systems were inefficient and provided limited visibility into
the business—thanks to manual data management and reporting in a fragmented
environment. The company found itself version-locked in outdated systems that
could not be upgraded without significant spending and business disruption. The
company knew it needed an agile, scalable platform to continue its upward
trajectory.
NetSuite OneWorld provides Jonathan Adler
with a unified foundation for accounting, order management, inventory
management and order processing—key elements in customer-centric omnichannel
retail operations and B2B distribution. NetSuite feeds nightly catalog updates
to Jonathan Adler’s ecommerce site, while the Bronto Marketing Platform
triggers and delivers timely, personalized communications to customers and
fans. With NetSuite OneWorld, Jonathan Adler can also set up new stores within
hours, unlike the previous scenario that required weeks of provisioning
on-premise software and systems.
“NetSuite is our central nervous system and the single data source
for our financials, inventory and customers,” Seminero said. “I can’t say
enough about the flexibility NetSuite gives us to do virtually anything. I’ve
never encountered a situation where I had to say, ‘No, we can’t do that.’”
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