NetSuite Advanced Manufacturing – Top Benefits for Your Business

NetSuite Advanced Manufacturing

NetSuite Advanced Manufacturing enables access to crucial company information. NetSuite for manufacturing provides a user-friendly interface that is easy to navigate, with alerts that are customizable to notify you with important inventory, shipping, and other important information. You can also build, configure, and maintain reports, ensuring you have all the information you need to make informed decisions in real time.

NetSuite also helps manufacturing companies create a better and more reliable supply chain with enhanced inventory visibility and accelerated control. You also have full optimization of your shop floor and detailed tracking and improved visibility into production costs. All this plus the real-time reporting allows for improved operation efficiency.

NetSuite is a perfect fit for any manufacturing company, regardless of size, as it is a system built to scale as your company grows. A full solution for all your manufacturing company’s most critical business needs.

Top Benefits of NetSuite for Manufacturing

Production Planning

Production planning allows manufacturing companies to improve their processes and increase their efficiency within their business. The Advanced Manufacturing module, planners can create capacity plans that capture an organization’s production capacity. You can then estimate the start and end dates of your projects and can also visualize available resources. Advanced Manufacturing defines capacity as the maximum amount of work your work centers and equipment can complete over a given period. It shows how many hours or projects you can complete during a given period therefore leading to better planning and increased visibility into your manufacturing business.

Scheduling Production

One of the most important functions of production scheduling is to arrange and control the various workloads that your company needs to perform over a certain period of time. It can help you complete work orders efficiently by allocating machine resources.

The major production scheduling functions most utilized in NetSuite Advanced Manufacturing are:

  • Infinite Capacity Scheduling
  • Finite Scheduling
  • Releasing Work Orders

Managing the Shop Floor

Shop floor management coordinates, prioritizes, tracks, and reports production orders and schedules, evaluates current resource status and machine usage, and controls the flow of materials and employees inside the plant. This activity generally begins after planning and enables your company to continue activities with little to no setbacks.

Collecting Data

Use the Advanced Manufacturing module to record and collect tactical data. This information can help an organization review and adjust their manufacturing and production processes. You will have full visibility over your company’s data and gain the ability to make quick and informed decisions.

Managing Reports

The Advanced Manufacturing module provides a variety of reports that can be used to analyze and visualize real-time results. Each report comes with a separate window that lets you preview and refine the results before saving or printing them.

Reports within the Advanced Manufacturing module are grouped based by use:

  • Administrative Reports
  • Production Planning Reports
  • Shop Floor Reports
  • Operating Reports

NetSuite Manufacturing Modules

Our NetSuite expert, Steve May, explains that NetSuite has three levels of manufacturing:

  • Work Orders and Assemblies – for basic discrete manufacturing, work orders, back flushing, assembling, outsource manufacturing, etc.
  • WIPS and Routing – for more complex operations with routings: Gantt view with drag and drop scheduling
  • Advanced Manufacturing – finite capacity planning: plan the schedule in your plant, taking into account run times and capacity of people/machines.

NetSuite Advanced Manufacturing Comparison

Advanced Manufacturing
Provided by Oracle NetSuite

Top Benefits of NetSuite Work Orders & Assemblies

NetSuite can be easily configured to support the needs of manufacturers of all types and sizes, and for many the first step is to implement the Work Orders and Assemblies module. Enabling this feature allows users to define assembly items, build complex multi-level bill of materials, create work orders, record assembly builds, and backflush components with minimal effort.

Major advantages of implementing NetSuite Work Orders and Assemblies include:

  • Easy set-up – up and running in days
  • Automatic back flushing of components
  • Real-time costing
  • Ability to manufacture without work orders
  • Support lean initiatives
  • Review and analyze production plans based on actual production times

Top Benefits of NetSuite WIP & Routings

Enabling NetSuite’s WIP and Routings capabilities gives companies the ability to define a routing for the manufacturing process, the resources needed to complete the process, and the expected time and cost required. Routings also provide the basis for the infinite capacity scheduling engine that can help identify which resources are being over- or under-utilized. Finally, capturing the cost of materials consumed during the manufacturing process creates a complete picture of the process costs before it is finalized and committed to the GL.

Major advantages of NetSuite WIP and Routings include:

  • Work center management
  • Accurate costing
  • Infinite capacity scheduling
  • Drag-and-Drop GANTT style scheduler
  • Track Work In Process costs
  • Review and analyze production plans based on actual production times

Top Benefits of NetSuite Advanced Manufacturing

NetSuite Advanced Manufacturing provides a single integrated cloud solution that replaces the disconnected systems that are used by manufacturers today. The system offers complete and comprehensive functionality. NetSuite Advanced Manufacturing is specifically designed to help manufacturers of all sizes reduce operating costs, increase revenue, and better manage their business and supply chain processes overall.

NetSuite Advanced Manufacturing is built on native NetSuite enterprise resource planning (ERP), ensuring manufacturing processes are connected to financial reports, inventory management and outstanding orders in real-time.

Major advantages of implementing NetSuite Advanced Manufacturing include:

  • Improved operational effectiveness
  • Reduce ‘Cost to Produce’
  • Faster Time to Value
  • Unified solution—reduce reliance on third parties
  • Improve quality, service, and through-put
  • Variance management: compare actual versus standard
  • One version of the truth
  • Integrate Plant to Enterprise (P2E)
  • Manufacturing information and intelligence

Advanced Manufacturing provides complete control of all aspects of you manufacturing processes including finite capacity scheduling, quality management and manufacturing execution. This connection enables manufacturers to define work instructions, associate material usage, compare resource supply with demand, and establish planned start and end times. You can further refine your manufacturing process by accounting for downtime and loss or by adding labor codes. You can also configure work order processing to suit your locations. NetSuite’s Advanced Manufacturing module is the total solution for your manufacturing company.