CASE STUDY
Lenny and Larry's
With Appficiency Powering Its NetSuite System, Lenny and Larry's Faces Increased Inventory Management Efficiency
Location
Los Angeles, United States
Industries
Consumer Packaged Goods,
Manufacturing,
Wholesale Distribution
Specialization
Consumer Packaged Goods
Lenny & Larry's Overview
Lenny & Larry’s is a leading consumer packaged goods producer of vegan, plant-based protein cookies in chocolate chip, snickerdoodle, and double chocolate. With thousands of orders each month, fast inventory production, and multiple sales channels, real-time inventory and financial reporting is crucial. Their ability to integrate with various e-commerce platforms and 3PL firms allowed them to scale into an omnichannel business. Key factors for transitioning to the NetSuite platform included all-in-one operational and financial reporting, an open API for integrations, and custom automations to manage order volumes.
Challenges - Lenny & Larry's
Challenging Inventory Tracking
Tracking inventory in real-time was a major challenge before their NetSuite implementation and caused significant challenges in creating accurate financial reports or looking at transactional history.
Optimization Challenges
Reporting, process optimization, and integration optimization were ongoing hurdles. The lack of streamlined processes complicated daily management and reduced overall efficiency, leading to significant operational difficulties.
Legacy System Limitations
Lenny & Larry’s legacy systems were separated across numerous spreadsheets, which made managing the day-to-day operations challenging and time-consuming. Dealing with financial reports, tracking the revenue from distinct sales channels, managing customer invoice discounts, and using EDI trading partners were all manual processes.
ERP Solution - Lenny & Larry's
Overview
NetSuite transformed Lenny & Larry’s operations by consolidating their financial reporting and inventory management into a single, efficient system. This integration enabled real-time visibility and streamlined processes, allowing the company to enhance their operational efficiency and scalability.
Inventory Tracking Made Easy
Before implementing NetSuite, Lenny & Larry’s faced significant difficulties in tracking inventory in real-time, which hindered the accuracy of financial reports and transactional history analysis. With NetSuite’s real-time inventory management capabilities, they can now effortlessly monitor stock levels and generate accurate reports, greatly improving their financial oversight.
Process Optimization
Reporting and process optimization were ongoing hurdles for Lenny & Larry’s. The lack of streamlined processes complicated daily management, reducing overall efficiency. NetSuite addressed these challenges by automating reporting and optimizing processes, allowing the company to manage operations more effectively and enhance productivity.
Legacy System Limitations No More
Lenny & Larry’s previous reliance on multiple spreadsheets for day-to-day operations was time-consuming and inefficient. With NetSuite, they have integrated all functions into one platform, eliminating the manual processes associated with financial reporting, sales channel revenue tracking, customer invoice discounts, and EDI trading. This shift has significantly simplified operations and improved overall efficiency.
Outcome - Lenny & Larry's
Outcome
NetSuite has revolutionized Lenny & Larry’s operations by consolidating financial reporting and inventory management into a single, efficient platform, providing real-time visibility and streamlining processes. Previously struggling with inventory tracking and reporting due to reliance on multiple spreadsheets, the company now effortlessly monitors stock levels and generates accurate financial reports, enhancing their operational efficiency and scalability. By automating reporting and optimizing workflows, Lenny & Larry’s can manage their operations more effectively, significantly improving productivity and simplifying overall processes.
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