Anvyl Case Studies OpenStore Streamlines Supply Chain Operations for Multiple Brands with Anvyl

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	OpenStore Streamlines Supply Chain Operations for Multiple Brands with Anvyl Anvyl

OpenStore Streamlines Supply Chain Operations for Multiple Brands with Anvyl

Anvyl

Technology Category	Functional Applications - Enterprise Resource Planning Systems (ERP)
Applicable Industries	E-Commerce Retail
Applicable Functions	Logistics & Transportation Procurement
Use Cases	Demand Planning & Forecasting Supply Chain Visibility
Services	System Integration
Challenge	OpenStore, a brand aggregator founded in March 2021, faced the challenge of managing procurement for over 40 brands. The company's mission was to identify, value, acquire, and scale long-tail e-commerce brands, offering liquidity to entrepreneurs who had grown these brands to their first six to seven figures in annual sales. The operations team, initially consisting of just two people, was tasked with managing all aspects of supply chain, fulfillment, demand planning, and product development. With an ambitious objective to grow to hundreds of brands as soon as possible, OpenStore needed to find a way to streamline operations and incorporate hundreds of unique supply chain management processes into a standardized, repeatable practice that could run with minimal manpower. Read More
About Customer	OpenStore is a brand aggregator based in Miami, Florida. Founded in March 2021, the company's mission is to identify, value, acquire, and scale long-tail e-commerce brands, providing liquidity to the entrepreneurs who had grown those brands to their first six to seven figures in annual sales. OpenStore aims to grow to hundreds of brands as soon as possible, and to achieve this, they needed to streamline operations and incorporate unique supply chain management processes into a standardized, repeatable practice. OpenStore provides qualifying Shopify entrepreneurs with a cash offer in as little as one business day and continues to grow each acquired brand by creating efficiencies and limiting costs as the portfolio grows. Read More
Solution	To standardize and scale their supply chain operations, OpenStore turned to Anvyl. Anvyl's solution allowed OpenStore to integrate dozens of supply chain processes into one cross-portfolio operation. OpenStore designed a resilient and scalable tech stack using Anvyl partners Netsuite ERP and Flieber for resource planning and demand planning, respectively, with Anvyl integrated in both directions. This tech stack enabled the team to manage everything from forecasting to purchase orders (POs) to reconciliation. Anvyl was used to manage the order and supplier collaboration phase of their supply chain, tracking and cataloging the journey from creation to delivery, including all specifics of cash in and cash out. Crucially, Anvyl made it easy for new brands to be integrated into the team’s process without necessitating hiring for manual work. The merchant integrations team introduced each new brand to Anvyl as quickly as possible, streamlining the process of reporting on the supply chains of 40+ brands. Read More Log in to view content
Contents

Technology Category

Functional Applications - Enterprise Resource Planning Systems (ERP)

Applicable Industries

E-Commerce

Retail

Applicable Functions

Logistics & Transportation

Procurement

Use Cases

Demand Planning & Forecasting

Supply Chain Visibility

Services

System Integration

Challenge

OpenStore, a brand aggregator founded in March 2021, faced the challenge of managing procurement for over 40 brands. The company's mission was to identify, value, acquire, and scale long-tail e-commerce brands, offering liquidity to entrepreneurs who had grown these brands to their first six to seven figures in annual sales. The operations team, initially consisting of just two people, was tasked with managing all aspects of supply chain, fulfillment, demand planning, and product development. With an ambitious objective to grow to hundreds of brands as soon as possible, OpenStore needed to find a way to streamline operations and incorporate hundreds of unique supply chain management processes into a standardized, repeatable practice that could run with minimal manpower.

About Customer

OpenStore is a brand aggregator based in Miami, Florida. Founded in March 2021, the company's mission is to identify, value, acquire, and scale long-tail e-commerce brands, providing liquidity to the entrepreneurs who had grown those brands to their first six to seven figures in annual sales. OpenStore aims to grow to hundreds of brands as soon as possible, and to achieve this, they needed to streamline operations and incorporate unique supply chain management processes into a standardized, repeatable practice. OpenStore provides qualifying Shopify entrepreneurs with a cash offer in as little as one business day and continues to grow each acquired brand by creating efficiencies and limiting costs as the portfolio grows.

Solution

To standardize and scale their supply chain operations, OpenStore turned to Anvyl. Anvyl's solution allowed OpenStore to integrate dozens of supply chain processes into one cross-portfolio operation. OpenStore designed a resilient and scalable tech stack using Anvyl partners Netsuite ERP and Flieber for resource planning and demand planning, respectively, with Anvyl integrated in both directions. This tech stack enabled the team to manage everything from forecasting to purchase orders (POs) to reconciliation. Anvyl was used to manage the order and supplier collaboration phase of their supply chain, tracking and cataloging the journey from creation to delivery, including all specifics of cash in and cash out. Crucially, Anvyl made it easy for new brands to be integrated into the team’s process without necessitating hiring for manual work. The merchant integrations team introduced each new brand to Anvyl as quickly as possible, streamlining the process of reporting on the supply chains of 40+ brands.

Impact #1	The implementation of Anvyl's solution has resulted in significant operational improvements for OpenStore. The company has been able to standardize and streamline its supply chain operations across dozens of brands, reducing the need for manual work and additional hiring. The tech stack, which includes Anvyl, Netsuite ERP, and Flieber, has enabled the team to manage everything from forecasting to POs to reconciliation efficiently. The solution has also made it easier for new brands to be integrated into the team’s process, further facilitating growth. The ability to track and catalog the journey from creation to delivery, including all specifics of cash in and cash out, has improved transparency and control over the supply chain. Overall, Anvyl has played a crucial role in helping OpenStore turn dozens of retail companies into one retail company with dozens of brands in less than a year.

Impact #1

The implementation of Anvyl's solution has resulted in significant operational improvements for OpenStore. The company has been able to standardize and streamline its supply chain operations across dozens of brands, reducing the need for manual work and additional hiring. The tech stack, which includes Anvyl, Netsuite ERP, and Flieber, has enabled the team to manage everything from forecasting to POs to reconciliation efficiently. The solution has also made it easier for new brands to be integrated into the team’s process, further facilitating growth. The ability to track and catalog the journey from creation to delivery, including all specifics of cash in and cash out, has improved transparency and control over the supply chain. Overall, Anvyl has played a crucial role in helping OpenStore turn dozens of retail companies into one retail company with dozens of brands in less than a year.

Benefit #1	Managed procurement for over 40 brands with a small operations team
Benefit #2	Streamlined the process of integrating new brands into the team’s process
Benefit #3	Reduced the need for hiring for manual work

Benefit #1

Managed procurement for over 40 brands with a small operations team

Benefit #2

Streamlined the process of integrating new brands into the team’s process

Benefit #3

Reduced the need for hiring for manual work

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Overview

OpenStore Streamlines Supply Chain Operations for Multiple Brands with Anvyl

Operational Impact

Quantitative Benefit