Z&A Stores

Cutting Costs by 32% with NetSuite’s Cloud ERP for Luxury Retail

Eastern European luxury retailer Z&A Stores, with over 20 high-end brand outlets including Armani and Burberry, needed a scalable solution to manage its fast-growing operations. By adopting NetSuite OneWorld, Z&A streamlined financials, inventory, and reporting, cutting costs by 32% and enhancing its international expansion efforts.

Company

Z&A Stores

Location

Yerevan, Armenia

Industry

Retail

Key Business Challenges

Rapid Growth

Z&A’s expansion across Eastern Europe required a system that could adapt to international trade requirements and new store openings.

Operational Efficiency

Managing a vast inventory of 200,000 items and supporting multiple sales channels was challenging with outdated in-house systems.

Cost Reduction

Rising maintenance costs made it essential for Z&A to find a more economical, scalable ERP solution.

Netsuite Solutions

Z&A deployed NetSuite OneWorld to optimize operations and drive growth:

  • Unified Financial and Inventory Management: NetSuite OneWorld provides real-time financial reporting and efficient inventory management across stores and regions.
  • Multi-Channel Support: Integrated systems support both in-store and online sales, enabling Z&A to manage its expanding e-commerce channel and international sales seamlessly.
  • Scalable Rollout: The success with Z&A’s retail division is prompting a NetSuite rollout across the larger Imex Group, which spans multiple industries.

“Looks are important to us in luxury retail and so is efficiency. NetSuite looks great; the ERP software gives fast and valid information; and everything we need falls under one umbrella,” says Ghukas Khachatryan, Managing Director.

Real Results

Cost Savings

Cloud-based management reduced operational costs by 32%.

Operational Agility

Fast, accurate data enables efficient inventory control and financial tracking across multiple regions.

Growth-Ready Platform

NetSuite supports Z&A’s international expansion, providing the flexibility to open new stores and enter new markets.

Conclusion

NetSuite has empowered Z&A Stores to streamline operations, reduce costs by 32%, and expand into new markets with ease. This scalable, cloud-based platform equips Z&A for ongoing growth and success in the competitive luxury retail sector.

Looking to scale your retail business? Discover how NetSuite can drive efficiency and growth for your brand.

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