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Enabling complete inventory visibility with tracking and control capabilities, FutureTech enjoys automation at all stages of purchase right until delivery.

“ NetSuite has given us a more holistic view down to the smallest details. This level of visibility was not possible with our previous systems.”

Tajudeen T.A

Finance Manager, FutureTech Engineering FZCO

Snapshot

About Futuretech Engineering FZCO

Futuretech was founded in 1999 as a trading company for concrete machinery and equipment based in Dubai. Over time, Futuretech has expanded their scope of activities globally with a market that is beyond the Middle East, reaching South Asia and North America providing building material plants and extendeding into the field of process technology and material handling.

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Location

Dubai, Muscat & Ras Al Khaimah, Manufacturing Unit in Saudi Arabia

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Industry

Industrial Equipment Trading

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Employees

50+
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Applications Replaced

Galant, Spreadsheets

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NetSuite Products Implemented

NetSuite OneWorld, CRM, Advanced Inventory, Advanced Financials

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Business Scenario

A leading supplier of Industrial Equipment & Machineries in the Gulf region, Futuretech Engineering’s main challenge was to enhance inventory visibility, installing tracking and control capabilities to manage every stage from purchase to delivery. They struggled with issued related to real-time sight of inventory, redundant processes, poor control and inefficient inventory management. Their older system couldn’t scale to today’s business environment.

The Solution

With the implementation of NetSuite, multiple lines of business were integrated into a single platform providing complete visibility for the Management & Accounts teams. NetSuite’s optimized order management and fulfillment processes drive the order process from quote to eventual fulfillment, with automated workflows. NetSuite gave a more holistic view down to the smallest details, helping Futuretech rise above the problems of inventory visibility.

BEFORE

  • Inefficient inventory management; limited reporting and analysis.
  • Reliance on Accounts team for quotation process to check stock availability, pricing and the related documentation.
  • Disconnected & inept administrative processes.
  • On-site ERP system difficult to use and was managed without adequate support.

AFTER

  • Futuretech achieved streamlined processes across each of the company’s location with centralized control over the operations & financials at the Head Office in Dubai.
  • Simplified Quote to Order process; Sales team can now quote independently and need not depend on Accounts team to confirm basic information such as stock on hand, minimum sale price, etc.
  • Enhanced inventory visibility with tracking and control capabilities to manage every stage from purchase to delivery.

Working with KPI

“KPI’s implementation team comes in with a very much down to earth approach which is key to us as we are small team with many young minds onboard. KPI team’s ability to quickly grasp the business requirements and turning them into quick solutions on NetSuite are phenomenal and we appreciate their effort. I highly recommend team KPI for implementing NetSuite. Thank You KPI to quickly grasp the business requirements and turn them into quick solutions on NetSuite which is phenomenal, and we appreciate their effort.”

Tajudeen T.A

Finance Manager, FutureTech Engineering FZCO

The Results

Increased Sales Efficiency

The sales team are no more dependent on the Accounts department to confirm basic details like stock and availability. Sales people now focus more on generating sales, instead of spending time in preparing quotations.

Centralized System

Management of inventory through a single and integrated solution helps in the centralization of the inventory data, allowing the inventory data to flow seamlessly between locations resulting in a system that is both quick as well as efficient.

Improved Inventory Management

An inventory management software like NetSuite has made several smaller tasks faster and easier. An integrated system with mobile scanners and POS systems help Futuretech to stay on track and confident with managing inventory.

We are extremely happy to turn our client’s vision into a reality and establish the future of rental operations automation.

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With over 30 years of hard work and commitment to making a real difference, KPI has grown to serve customers from a variety of business sectors and industries across Middle East.

KPI | Suite 301 & 308, Building – 2, Bay Square, P.O. Box 121395, Business Bay, Dubai, UAE.

+971 4 455 10 10

[email protected]