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Cross-border E-commerce
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Amzon VC
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PO/DI/DF
UREVO
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Treadmill/walker for Home Use
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Collapsible
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Single and Double Flywheel Switching
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Customer Profile
Founded in 2022, UREVO is a leading brand of smart fitness equipment in China, focusing on ‘hardware+software+content’ integration of smart sports and fitness products ecosystem. With innovative hardware design, strong software support and global market layout, the company is rapidly emerging as a global leader in the field of smart fitness. UREVO’, the company's own brand, product design for both home fitness and outdoor sports, launched a variety of intelligent fitness products, including walking and running machines, exercise bikes and other intelligent fitness products, in the hardware design of innovative structural stacking, the industry's first one-way and two-way flywheel switching technology with a number of patents, taking into account the safety and reliability, mainly sold to China, the United States, Europe and other countries. UREVO has the first market share in the U.S. Amazon market segment.
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Informatics Challenges
1.Amazon three major VC business model of the systematic and automation of the demand: in the Amazon platform, SC (Seller Central) seller competition between the increasingly hot, many sellers lament the market environment is gradually converging to the ‘involution’ state. Against this background, a consensus has quietly emerged - the end of Amazon is VC, and the end of VC is DI. The VC business model on the Amazon platform is divided into three types: DF (Direct Fulfillment), PO (Purchase Order) and DI (Direct Import). Import: Direct Import); the three VC modes need to be directly connected to the docking and system process standardisation;
2.The pre-SC (accounting for a relatively small number) mode is mainly through the OMS management of the Linkstar platform, also requires a complete docking to the new ERP system;
3.E-commerce (VC, SC) financial automation management requirements.
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Solutions
1.Unified management of VC and SC shops: VC shops are created directly in NetSuite system and SC shops are synchronised from LeadStar platform;
2.VC three major processes through and automation:
(1) PO / DI (two modes of process is generally similar, only the receiving warehouse is differentiated): Amazon under the VC PO -> NetSuite automatically create SO, SO confirmation and synchronisation to Amazon, NetSuite to create the overseas warehouse shipment notification -> Amazon to create the shipment, NetSuite to upload the order-related attachments and update the Shipment note information (shipment warehouse related) -> submit pro forma invoice to Amazon, NetSuite creates shipment note and creates receivable invoice, collects payment to write off receivable;
(2) DF: VC PO under Amazon -> NetSuite automatically creates SO, SO confirms and syncs to Amazon, NetSuite initiates label request -> Amazon creates label and sends it back -> NetSuite stores the label, NetSuite confirms the shipment -> Amazon confirms the shipment, NetSuite creates the Overseas NetSuite creates overseas warehouse delivery note and synchronises it with overseas warehouse -> update overseas warehouse delivery information, NetSuite creates delivery note and creates receivable invoice, and collects and writes off receivables;
3.SC business and Linkstar docking: SC business-related master data, orders, bills are indirectly obtained through Linkstar and subsequent closed-loop management in NetSuite;
4.Global supply chain management: VC, SC two modes of domestic supply chain and replenishment plan of the whole process of traceability;
5.Financial automation and refined SKU profit analysis: VC three models of sales and procurement closed-loop automation, SC order follow-up reconciliation and write-off automation; based on the cost of each platform SKU and profit analysis report.
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Customer Benefits
1.NetSuite's globalisation features satisfy UREVO's demand for globalised operations; the powerful PaaS development platform is the basis for realising the docking and interaction of multiple sales modes of VC and SC;
2.Hitpoint has complete solutions in cross-border e-commerce VC and SC fields as well as the whole platform, which can satisfy UREVO's existing SC operation and at the same time, also open up the automation of the three major business processes of UREVO, as well as the integration of business and finance.
