JVCKENWOOD Corporation, a global manufacturer of consumer electronics and communications equipment, is using Oracle NetSuite to support its mission of delivering excitement and peace of mind to people around the world through innovative audio visual products, services, and solutions.
With NetSuite, JVCKENWOOD has been able to take advantage of an integrated business suite to enhance business visibility, boost productivity, and efficiently scale global operations.
JVCKENWOOD has grown into a global leader in consumer electronics and communications equipment, serving industries from automotive and public safety to healthcare and entertainment. It has been transforming its business portfolio, with a strong focus on growth and new business initiatives. As international revenue now accounts for 70 percent of total sales, a key challenge has been standardizing operations across its international sales subsidiaries, which have been operating on disparate systems. To address these challenges, it implemented NetSuite’s enterprise resource planning (ERP) system to unify its international subsidiaries on a single system that seamlessly integrates with Oracle Fusion Cloud Enterprise Resource Planning(opens in new tab), which is used by its Japan head office.
“As part of our growth strategy, we have prioritized streamlining operations across our expanding group of companies,” said Yoshio Sonoda, director of the board, managing executive officer, chief technology officer, chief information security officer at JVCKENWOOD Corporation. “By standardizing on NetSuite, we are able to leverage embedded AI to eliminate manual tasks, accelerate business processes, expand global insights, and efficiently scale up global operations.”
With NetSuite, JVCKENWOOD has been able to consolidate and automate financial workflows across seven international subsidiaries to improve business performance and decision making. To support future growth, JVCKENWOOD is in the process of implementing NetSuite’s inventory management and sales force automation modules to standardize order processing, improve inventory management, streamline sales insights, and enhance the sales team’s productivity.
“JVCKENWOOD is a trusted brand with a strong global footprint, and operations spread across 18 countries in North and Central America; Europe, Middle East, and Africa; and Asia Pacific,” said Yuki Shibuya, vice president, Japan country manager, Oracle NetSuite. “With NetSuite’s comprehensive suite of capabilities and productivity-enhancing AI, JVCKENWOOD can standardize and automate global financial, inventory, and sales processes and make faster, data-driven decisions that support long-term growth.”
