Acumatica Case Studies Data-Driven Korpack Harnesses Acumatica for Nationwide Growth

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	Data-Driven Korpack Harnesses Acumatica for Nationwide Growth Acumatica

Data-Driven Korpack Harnesses Acumatica for Nationwide Growth

Acumatica

Technology Category	Analytics & Modeling - Real Time Analytics Platform as a Service (PaaS) - Data Management Platforms
Applicable Industries	Packaging
Applicable Functions	Business Operation Sales & Marketing
Use Cases	Inventory Management Supply Chain Visibility
Services	Software Design & Engineering Services System Integration
Challenge	Korpack, a startup in the packaging industry, needed an ERP system that was affordable, capable of organizing, analyzing, and acting on data, and flexible enough to allow customization and growth into a national concern. The company evaluated several ERPs, including NetSuite, Microsoft Dynamics, and QuickBooks, but found them either too expensive, lacking in customization options, or not robust enough for their needs. They needed a system that would allow them to quote immediately and fulfill winning bids quickly and accurately, while providing instant access to vendor pricing and services, and connections to sophisticated data analysis tools. Read More
About Customer	Korpack is a startup company founded in 2014 by engineer Nick Novy. After spending more than a decade in the packaging industry, Novy realized that to better serve customers, he needed to offer custom options and other non-stock supplies as well as full-service consultation to help them make the best packaging decisions. Korpack helps manufacturers, distributors, and fulfillment centers in the Midwest area save money and enhance productivity by finding the best packaging solutions for their needs. The company works with industry partners, harnesses data, and responds quickly to customer requests, offering options based upon a customer’s preferences. Exceeding customer expectations is part of Korpack’s DNA. Read More
Solution	Korpack chose Acumatica as their ERP system. They implemented Acumatica in the cloud as part of the company’s startup, when the firm had just three employees in 2014. It later upgraded to version 6.1 with the help of NexVue, an Acumatica Gold Certified Partner. The company implemented Acumatica Financial Management, Distribution Management, and Customer Management Suites, as well as FusionPOS and FusionWMS, a third-party Acumatica partner offering integrated Point of Sale and embedded warehouse management software. Later, Korpack also plans to add JAAS Advanced Manufacturing Software (JAMS). Acumatica provides streamlined quoting, instant access to vendor pricing and services, and connections to sophisticated data analysis tools like Microsoft Power BI, which all help Korpack give customers the best options based on their needs. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Real Time Analytics

Platform as a Service (PaaS) - Data Management Platforms

Applicable Industries

Packaging

Applicable Functions

Business Operation

Sales & Marketing

Use Cases

Inventory Management

Supply Chain Visibility

Services

Software Design & Engineering Services

System Integration

Challenge

Korpack, a startup in the packaging industry, needed an ERP system that was affordable, capable of organizing, analyzing, and acting on data, and flexible enough to allow customization and growth into a national concern. The company evaluated several ERPs, including NetSuite, Microsoft Dynamics, and QuickBooks, but found them either too expensive, lacking in customization options, or not robust enough for their needs. They needed a system that would allow them to quote immediately and fulfill winning bids quickly and accurately, while providing instant access to vendor pricing and services, and connections to sophisticated data analysis tools.

About Customer

Korpack is a startup company founded in 2014 by engineer Nick Novy. After spending more than a decade in the packaging industry, Novy realized that to better serve customers, he needed to offer custom options and other non-stock supplies as well as full-service consultation to help them make the best packaging decisions. Korpack helps manufacturers, distributors, and fulfillment centers in the Midwest area save money and enhance productivity by finding the best packaging solutions for their needs. The company works with industry partners, harnesses data, and responds quickly to customer requests, offering options based upon a customer’s preferences. Exceeding customer expectations is part of Korpack’s DNA.

Solution

Korpack chose Acumatica as their ERP system. They implemented Acumatica in the cloud as part of the company’s startup, when the firm had just three employees in 2014. It later upgraded to version 6.1 with the help of NexVue, an Acumatica Gold Certified Partner. The company implemented Acumatica Financial Management, Distribution Management, and Customer Management Suites, as well as FusionPOS and FusionWMS, a third-party Acumatica partner offering integrated Point of Sale and embedded warehouse management software. Later, Korpack also plans to add JAAS Advanced Manufacturing Software (JAMS). Acumatica provides streamlined quoting, instant access to vendor pricing and services, and connections to sophisticated data analysis tools like Microsoft Power BI, which all help Korpack give customers the best options based on their needs.

Impact #1	Acumatica provides a centralized data system for quick decision-making.
Impact #2	Acumatica allows for flexible customization that fits the way Korpack does business.
Impact #3	The ability to analyze and act on data collected provides Korpack a competitive edge.

Impact #1

Acumatica provides a centralized data system for quick decision-making.

Impact #2

Acumatica allows for flexible customization that fits the way Korpack does business.

Impact #3

The ability to analyze and act on data collected provides Korpack a competitive edge.

Benefit #1	Company revenues grew 100 percent in 2016.
Benefit #2	Sales projected to grow 30 percent year over year for 2017 and 2018.

Benefit #1

Company revenues grew 100 percent in 2016.

Benefit #2

Sales projected to grow 30 percent year over year for 2017 and 2018.

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Overview

Data-Driven Korpack Harnesses Acumatica for Nationwide Growth

Operational Impact

Quantitative Benefit