|
ValenceTech Ltd. Company Background Valence is a subsidiary of SRS Labs, Inc. (NASDAQ: SRSL), one of the world's leading providers of advanced audio, voice, and surround sound technologies. Since they started operation in 1985, they design, develop, and market standard and custom proprietary analog, digital, and mixed signal integrated circuits (IC) for the consumer electronics market and also task-specific semiconductor (known as ASIC - "Application Specific Integrated Circuit) and technology solutions to manufacturers. Challenges Undoubtedly, ValenceTech Ltd. has experienced phenomenal growth. Mr. Reivlin Cham, the Vice President of Finance of ValenceTech Ltd., realized that its legacy system could no longer grow with its increasingly sophisticated workflow and operations. To keep pace with its rapid development, he needs an integrated system to monitor its operations in Hong Kong as well as its mainland offices in Shenzhen, Chengdu, Shanghai and Beijing. Solution After serious contemplation, Reivlin brought in ESP to ValenceTech Ltd.. "With the help of ESP, management could now get a complete picture of the inventory status and information flow within our group of companies. Optimization of warehouse capabilities significantly reduces excess and obsolete stock," Reivlin explained. "It also caters for our multi-faceted business in manufacturing, distribution and trading. Its multi-language user interface saves customization efforts of implementation in mainland offices. Urgent and rush orders are typical in the Asian market, but taking these orders have a great impact on production planning. ESP helps us meet the most stringent customer orders with its built-in material requirement planning (MRP) and shortage report." According to Reivlin, ESP has relieved much of the hassles they previously experienced in communication. "Through the Internet, real time analysis and reports of warehouses and overseas offices could now be acquired at a minimal cost." Reivlin also commended the speed of implementation of ESP. "Thanks to the technical staff of B.E.L., we are able to roll-out the entire system in our Hong Kong office within 6 months. Their accurate and speedy feedback to technical queries from our staff demonstrated their dedication to serve their individual clients. As a Hong Kong based company, its professional service could certainly match international standards." As to the future, ValenceTech Ltd. is determined to be a trend-setter in the consumer market - combining its distinctive system-on-chip design together with audio and voice-related technologies. "This demands sales and office automation, "Reivlin said. "The stable performance of ESP has led us to put our vote of confidence in B.E.L. Solution Ltd. to provide us with state-of-the-art business solutions in the future." |
