Citing the need to consolidate siloed processes and data across all its branches worldwide, local fast food chain Jollibee has recently lifted its operations to the cloud using NetSuite OneWorld, a cloud-based management solution that aids operations across all steps of the supply chain, the company said in a statement recently.
With new stores opening at an average of one every two days, the company said it needed a solution which will quickly provide infrastructure on a tight schedule. "NetSuite OneWorld's built-in support for multiple currencies, multiple regions, subsidiary relationships and rapid deployment make it an ideal choice for a global, fast-growing business," it said.
Jollibee currently has 1,800 restaurants worldwide--300 of which are located outside the Philippines--with nearly 200 new stores opening each year.
"NetSuite OneWorld gives us a way to deliver a standard platform across the organization in a timeframe and at a cost that supports our continued growth and development," said Ysmael Baysa, CFO, Jollibee.
The home-grown Filipino restaurant chain has already deployed the NetSuite solution across all its branches in Vietnam, providing granular performance analysis, online supply ordering, consolidated reporting and a complete audit trail in the country.
The company said it adopted the NetSuite cloud computing tool to have a "solution with needed capabilities, rapid deployment, and a reliable, proven integration processes" across all its international branches. Its previous processes, it added, relied on Oracle Financials, which didn't provide for a clear reporting and integration process.
Moreover, the solution allows for integration with existing legacy applications, which will enable its head office to have "real-time visibility into the core aspects of its [international] operations." In addition, since the acquisition is based on a cloud computing model, costs are significantly lowered than when acquiring full-blown business applications.
Because of this milestone, Jollibee said it is poised to take its NetSuite wins to its Chinese counterparts before the end of the year, enabling a consolidated view of business operations across 190 stores in the Asian giant region. Stores in Taiwan, the United States and other Asian markets will follow suit, it added.
