MyM Recubrimientos Organizes Finances & Inventory

Luxury Flooring Retailer Expands With Cloud Solution

MyM Recubrimientos was founded in 2014 by a young entrepreneurial couple that realised there was a market opportunity and a lack of supply of luxury flooring materials in Durango, Mexico. The business grew quickly, but selling high quality tiles, marble and granite poses a challenge in terms of control as each stone slab has unique dimensions and characteristics.

COMPANY

MyM Recubrimientos

LOCATIONS

Durango and Mazatlán, Mexico

INDUSTRY

Retail

EMPLOYEES

SYSTEMS REPLACED

Microsys and Excel Spreadsheets

NETSUITE PRODUCTS IMPLEMENTED

NetSuite CRM
NetSuite ERP
NetSuite Inventory Management
NetSuite Demand Planning Cloud Service

NUMBER OF USERS

IMPLEMENTATION PARTNER

Tekiio (formerly Efficientix)

LOCATION

Mexico

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“NetSuite gives me real time information and takes out the guesswork. We can act quickly according to sales trends and buy inventory when it’s actually needed.” Fabian Eichner, Owner and General Director, MyM Recubrimientos

Managing a Growing Business

Multiplying revenue 15 fold: MyM Recubrimientos gained traction with rising demand and its annual revenue has grown 15 times since its first year. With expansion in mind, the founders launched a second showroom and distribution location in January of 2019 in the city of Mazatlán.

The need for a complete solution: Fast growth and expansion required organised finances and inventory control. It became clear that the existing ERP system was limited for the company’s needs and it was imperative to find a cloud solution that could cover sales, inventory and financial management.

Developing the right fit: Following a friend’s recommendation, NetSuite was the chosen solution and implementation began in 2018, with continuous improvements throughout the years. Partnered with Solution Provider Efficientix, MyM Recubrimientos developed a business specific customisation to create full managerial control over each unique flooring slab.

Planning the future: Thanks to NetSuite’s built-in capability of quickly creating and setting up new warehouses, MyM Recubrimientos is confident it will have the right tool to support its growth and fulfil its plans of expanding to bigger cities or even different countries.