“NetSuite is a key factor enabling MusclePharm to scale incredibly fast
and add new business units to fuel rapid growth.”
MusclePharm
Customer Success
Award-winning sports nutrition company, MusclePharm (OTCQB: MSLP) has grown revenue 35x
since going live on NetSuite in 2010, from $3.2 million to more than $110 million in
2013.
Replacing QuickBooks, NetSuite has helped MusclePharm
efficiently expand its business across more than 120 countries and 35,000 retail outlets,
including Bodybuilding.com, Costco, Dick's Sporting Goods, 24 Hour Fitness and GNC.
NetSuite's cloud architecture has helped MusclePharm integrate its sales, warehousing and
call center operations in Tennessee, Idaho, Denver, Ohio and Canada.
NetSuite's flexibility enabled MusclePharm to efficiently integrate BioZone, a contract
manufacturer, acquired in January 2014, into the growing business.
The OneWorld global business management solution supplies subsidiary
management and global financial consolidation for BioZone and a Canadian subsidiary.
NetSuite's flexibility helped MusclePharm launch a new line of Arnold Schwarzenegger-branded
products in 2013, as well as a new brand for women, FitMiss.
Move from a third-party logistics provider (3PL) to NetSuite inventory and warehousing in
2013 reduced costs and improved fulfillment speed.
NetSuite's inventory management delivers
vast improvements in stock visibility for faster, accurate response to customer
inquiries.
Challenges
Previous QuickBooks application lacked scalability and functional scope required to meet
MusclePharm's rapid growth objectives.
Reliance on third-party distribution partner provided no visibility into inventory,
complicating the supply chain and fulfillment processes.
Solution
After evaluating SAP and Microsoft Dynamics GP, MusclePharm selected NetSuite as a highly
flexible, scalable and integrated ERP solution ideal to support its ambitious growth
plans.
NetSuite partner Avalara automates tax calculations and remittances in more than 10,000 tax
jurisdictions in the U.S.
NetSuite integration with third-party solutions has enabled MusclePharm to build out its
environment with Tableau for visual analytics, Direct ConneX for warehouse control and
Logility for demand planning.
Learn How the #1 Cloud Business Suite Can Transform Your Business