The Franklin Mint Improves Order Efficiency by 25% with NetSuite
Company
The Franklin Mint
Location
Exton, PA
Industry
Retail
Applications Replaced
Dydacomp Mail Order Manager, Searer Business Technology
Solutions
NetSuite OMX
“Since switching to OMX, customers are getting goods faster,
and it takes us less time to make that happen.”
The Franklin Mint
Customer Success
The Franklin Mint has improved order management efficiency by 25 percent with NetSuite's OMX
order management solution.
OMX supplies scalability and automation for The Franklin Mint to efficiently process up to
500 daily orders for commemorative coins, die-cast models, dolls, games and other
collectibles.
The cloud-based order management solution easily supports multi-channel B2C and B2B sales
via online, phone and wholesale orders from collectibles shops and other retailers.
Robust continuity and retention capabilities have helped The Franklin Mint drive recurring
sales through several subscription-based continuity programs, including a Presidential
Dollars offering with 80,000 customers.
The Franklin Mint automates workflow across its continuity programs with customer-centric
acquisition, cultivation and retention marketing, and payment automation.
Pre-built integration between OMX and The Franklin Mint's Magento-based ecommerce storefront
efficiently captures orders for processing by third-party logistics partner.
Single repository of order, financial and inventory data provides seamless, real-time
business insight.
Challenges
Dydacomp Mail Order Manager could not handle The Franklin Mint's increasing volumes of
ecommerce orders.
Manual order management processes hindered productivity, introduced needless processing
costs and slowed customer fulfillment.
Solution
After evaluating competing systems, The Franklin Mint selected OMX as best suited to meet
its growing volume of ecommerce orders.
Breadth of functionality and integration capacity offered scalability across a multi-channel
environment of B2C and B2B web sales, phone orders and wholesale sales.
NetSuite's May 2013 acquisition of OrderMotion was welcomed at The Franklin Mint as
strengthening both solutions, which are "the backbone of the business."
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