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August 19, 2024 45 mins
Find out how NetSuite can help your business balance the demands of a global supply chain: https://tinyurl.com/3b253s98
 
Hear the story behind auto parts manufacturer Speedmaster and why they turned to NetSuite to run their growing business in this episode with Speedmaster CEO Jason Kencevski and cohost Ian McCue. Jason starts by sharing how his father came to start the company [2:15] and key moments over the past 40 years that made the company what it is today [7:52]. The CEO explains the influence of his own interest in technology on the business [10:32], which led it to adopt SAP Business One. Jason explains where that system fell short [14:06], then highlights the benefits of a “living, breathing system” such as NetSuite [19:41] and how it supports better decision-making [26:16]. He walks through how NetSuite helps the manufacturer-distributor efficiently manage international operations [28:05], its supply chain [29:21], ecommerce [37:37], and online marketplace sales [41:30]. Jason wraps up by explaining what’s next for Speedmaster [43:52].
 
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Episode Transcript:
 

00;00;00;00 - 00;00;30;14

Hey Suite listeners. Welcome to the NetSuite Podcast. I'm Ian McCue, a co-host of this podcast and senior content marketing manager at NetSuite. We have a great guest on today's show, Jason Kencevski from Speedmaster. Jason is the CEO of Speedmaster, a large manufacturer and seller of aftermarket auto parts for classic cars. To start, Jason shares why his dad started this business and how it turned into an industry leader over the past 45 years.

 

00;00;30;17 - 00;00;58;09

He explains how his own interest in technology led the company to invest in new systems that included implementing SAP Business One more than a decade ago. Jason dives into where the on-premises SAP application fell short when it came to running a global business and updating product data for 25,000 items. The CEO walks through how those frustrations led Speedmaster to replace SAP with NetSuite after a few years and how a “living, breathing system” made an enormous difference.

 

00;00;58;12 - 00;01;26;13

He digs into how modules including NetSuite OneWorld, NetSuite WMS,  and NetSuite SuiteCommerce Advanced all helped the company run a smoother, more efficient operation. Jason wraps up with a few thoughts on what the future holds for vintage cars and what that means for his com

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