Toorank International Spirits
Facilitate ambitious growth strategy with NetSuite
A few details
With over 70 employees and a production of more than 1,000 different alcoholic beverages, Toorank International Spirits is a key player in the global beverage industry and distinguishes itself with outstanding product quality, flexibility, and exceptional service. Following a management buy-out in 2019, Toorank embarked on an ambitious growth strategy focused on product optimization and operational efficiency.
How we solved it
Toorank sought a comprehensive ERP solution to streamline their operations and support their growth. Partnering with FoodQloud, they aimed to implement NetSuite to enhance efficiency, manage inventory, and integrate their processes seamlessly. The end goal was a company-wide re-automation to enhance service levels and streamline operations.
Centralized all business processes with a cloud-based ERP, replacing outdated manual systems.
Enabled instant monitoring of production margins and financial performance through SuiteAnalytics.
Implemented Crafted ERP for excise duty, recipe management, and production insights.
Strengthened QA/QC and improved tracking and tracing for compliance and customer satisfaction.
The full story
As a producer of alcoholic beverages, Toorank meets high standards from customers and stringent government regulations on quality and financial administration. To address these needs, FoodQloud offers Crafted ERP, a NetSuite add-on tailored for the beverage industry. Da Graça highlights that this add-on covers essential functionalities like excise duty administration, recipe management, and real-time insights into tank levels, production progress, and inventory. The organized NetSuite planning dashboards optimize production processes and the supply chain, enhancing predictability and control, and significantly improving customer satisfaction. With QA and QC capabilities of Crafted ERP and FoodQloud’s NetSuite apps, quality assurance is further strengthened, and tracking and tracing services are made faster and more reliable.
“We can monitor production run margins in real-time, eliminating time-consuming manual calculations. Uniform KPIs provide accurate measurements and clear goals, enabling us to track and achieve desired growth.”
– Natal da Graça (CEO Toorank International Spirits)
To make strategic choices that enable growth, insight into process performance, finances, suppliers, customers, and employees is crucial. NetSuite provides this insight through the integrated BI tool SuiteAnalytics. CEO Da Graça particularly values the dynamic financial reports: “We can track all completed transactions in real-time, allowing us to monitor margins of production runs directly. Currently, these calculations are done manually and retrospectively through Excel, which is very time-consuming. Uniform KPIs eliminate ambiguous interpretations, providing accurate measurements and goals to achieve and track desired growth.”
Toorank International Spirits is a leading craft distiller with 40+ years’ experience. Their headquarters are located in the Netherlands. They produce spirits and other alcoholic products for own brands and an extensive list of over 300 challenger, third party, and private label brands. They operate globally, serving over 50 markets worldwide.