Winning in business: Act and React

Hong Kong, China
Industry: Trading of hair extensions
Apps Implemented: CRM, Sales, Inventory, Purchase
Number of Users: 3
Company Size: 11
Implementation Type: On-premise 

JYF INTERNATIONAL LTD is a supplier of hair extensions, which has established commitment of over eight years in the hair extensions market. Their factory is in XUCHANG, Henan province, China, and the sales office in Shenzhen. JYF's products range widely, including hair wefts, wigs, extensions, etc. They aim to offer products with the highest quality at reasonable prices.

Odoo's features enable the company to manage operations systematically. JYF can manage its vendors' bills, purchase, and logistics so that the sales team could focus on targets. Odoo understood that it is hard for startup companies to and balance their profit and loss without a strong foundation. In this case, Odoo is the right tool for startup companies to build their empire. Odoo is also the right partner who would support the growth of the business. Take JYF as an example; the company had to take care of complicated operation procedures such as selecting the best raw materials, rigorously controlling the quality and production chains while meeting delivery deadlines. Some may think it takes a lot of personnel to handle this work. However, Odoo has simplified everything for them. Through these years, they have built an outstanding brand reputation in the industry as they can manage the orders and inventory systematically while keeping the cost low.

Objective: 100% customer satisfaction, with long-term professional collaboration
First of all, JYF has excellent warehouse management to achieve the objective. Its stock would never run out because Odoo will always remind the manager that the particular item is running low. The re-ordering process is rapid and straightforward. Moreover, with systematic warehouse management, JYF has saved a lot of time checking its stock quantity.

Modifying your business model

At the beginning of the business, JYF was a wholesaler; its business model was simple. The only things that they have to manage are the leads and opportunities by the CRM app and purchase from the supplier by the Purchase app. However, JYF became a retailer later on and had to manage the in-and-out of its stock of over 600 SKU. This was the moment when the situation became complicated. However, with the help of Odoo, JYF managed to quickly adapt itself in such sharp changes of operation and tackle the new challenges. The operation flow shows in the following chart. All of the apps have their place helping the company to company different kind of tasks that saves a lot of manpower and time.

Operation flow chart of JYF International Limited with Odoo applications

Never be afraid to change.

In the business world, leaders must be self-aware and make changes to overcome the challenges. However, financial costs are often one of the worst obstacles that make decision-makers to resist changing since more workforce and equipment have to be added in the process of modification. 

With help from Odoo, the operational cost is foreseeable. It is easy to add more apps to the database and convert the sales methods. Decision-makers can finally put their dreams into action.

Successful Business Strategy in the Asian Market