Customer story

YIDUN

Hitpoint worked with YIDUN to deliver this outcome: YIDUN's overseas subsidiaries are able to operate efficiently locally and rapidly develop global markets

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Customer Profile

YIDUN Electromechanical (full name Zhejiang YIDUN Electromechanical Co., Ltd.), founded in September 2001, is a national high-tech enterprise integrating the research and development, production, sales and service of welding and cutting equipments, welding and cutting accessories, wires and cables, electric motors, pumps and vacuum equipments, high-pressure vacuum vortex fans, gas compression machines, etc., and it is the high-quality manufacturer and systematic technology import and export company providing industrial application solutions. Address is located in China's first joint-stock co-operative enterprise birthplace, Taizhou industry and trade town, known as ‘Taizhou commercial port’ known as Zeguo Town, Wenling City.

Business Challenges

  1. Overseas subsidiaries system problems: the domestic SITA ERP system is not applicable to the management of overseas companies, there are too many external applets, and the speed is extremely slow when accessed through a dedicated line, which seriously affects the efficiency of overseas business and financial operations, and brings great inconvenience to the daily work;
  2. Domestic and foreign collaboration problems: overseas customers can only rely on mail orders, inefficient and error-prone; interaction between overseas subsidiaries and domestic factories only through the simple function of the speed to meet the needs of efficient communication and collaboration, restricting the smooth development of business;
  3. Group management requirements: the existing system can not effectively support the group supply chain plan coordination and consolidated reporting requirements, resulting in the overall operational efficiency of the group is limited, difficult to adapt to the rapid development of business needs.

Solution

  1. Overseas group structure reconstruction: the first phase of overseas on-line in Russia, Ukraine, Dubai, Indonesia 4 countries have companies.
  2. Reconstruction of overseas distributor portal management system;
  3. Timely access to overseas subsidiaries‘ stocking requirements through NetSuite blanket purchase orders to better guide domestic factories’ stocking and scheduling;
  4. According to the direction of business development, flexibly adjust the overseas structure, the second phase of the rapid expansion of the business of the three subsidiaries in South America Mexico, Chile, Peru.

Customer Benefits

Hitpoint realised the complete business management of YIDUN's overseas business in Eastern Europe and South America through a NetSuite system, and realized systematic business and financial real-time interaction with overseas distributors through NetSuite distributor portal.

Story highlights

General Equipment Manufacturing, Electromechanical Equipment Exports, Welding and Cutting Equipment, Pumps and Vacuum Equipment, High Pressure Vacuum Vortex Fans, R&D of Wire/cable and Other Products

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