Huaihai Global Expands Into 119 Countries With NetSuite OneWorld

As a leading manufacturer of electric vehicles, including electric motorcycles and scooters, Huaihai provides eco-friendly transportation solutions that reduce reliance on fossil fuels. Its headquarters in Jiangsu Province, China serves as the center of its global operations, including manufacturing and research and development.


COMPANY

Huaihai Global

LOCATION

Xuzhou, China

INDUSTRY

Manufacturing
Wholesale Distribution

REVENUE

$200M

EMPLOYEES

100 to 249

NUMBER OF SUBSIDIARIES

6

NUMBER OF COUNTRIES

119

APPLICATIONS REPLACED

Legacy System

OTHER SOLUTIONS CONSIDERED

SAP. Microsoft Dynamics365

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“NetSuite OneWorld's cross-border capabilities help us overcome traditional foreign trade challenges and give us transparency into financial data to boost our overall efficiency.” Xing Hongyan, VP of Huaihai Holding Group and GM of Huaihai Global

Two-Tier ERP Strategy Fuels International Expansion

Manufacturer revs up global business
Huaihai Holding Group operates 27 wholly-owned subsidiaries and manufacturing bases in China, Pakistan, India, Chile, Peru, and Indonesia. The company's total assets are more than 10 billion RMB, placing the holding company among the 500 largest private Chinese enterprises.
Local system lacks international capabilities
Huaihai Global, the subsidiary that manages the export business, used YONYOU U8 Cloud. But the software fell short for the growing cross-border business, as it doesn't support multiple languages or additional currencies and couldn’t account for differing tax and compliance regulations in new markets. This left employees painstakingly crunching numbers and relying on spreadsheets.
Two-tier ERP drives improvement
Huaihai Holding Group adopted a two-tier ERP approach with NetSuite OneWorld for Huaihai Global, to complement its SAP system at HQ. NetSuite integrates seamlessly with SAP to unify processes, including order management and procurement, while increasing operational efficiency for Huaihai Global. NetSuite OneWorld not only supports multiple currencies but also calculates exchange rates, reducing reporting time and spreadsheet usage by 50%.
Business efficiency shifts up a gear
Huaihai Global has sped up approval processes, enhanced data transparency, and gained greater control of its supply chain with NetSuite. This has resulted in a 20% boost in overall business efficiency, according to an analysis of processes across departments ranging from technology management to electric vehicle research and development. Furthermore, Huaihai Global has expanded into 119 countries since deployment and is focused on further expanding its global presence.


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