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.
(By John Mark V. Tuazon)