NetSuite Manufacturing Overview
NetSuite helps manufacturing companies optimize operations, mitigate risk, streamline financial processes, and improve inventory management. Manufacturing ERP software like NetSuite allows organizations to increase workflow visibility, streamline data, improve productivity, and enhance customer experiences. NetSuite provides full visibility and control over all areas of the business. Implementing NetSuite gives manufacturing companies access to crucial company information. NetSuite ERP for manufacturing includes:
- A user-friendly interface that is easy to navigate
- Alerts that can be customized to proactively notify you with important inventory, shipping, accounts, and other information
- The ability to make better business decisions with real time information
- Enhanced inventory visibility and accelerated inventory control
- Tools for shop floor optimization
- Detailed tracking and improved visibility into production costs
- Real-time reporting for improved operational efficiency
- Detailed forecasts based on actual sales data
- Ability to create a distribution plan based on forecasts and orders
- A system that will scale as your company grows
Features of NetSuite for Manufacturing
Business Insight
NetSuite includes built-in business intelligence tools to provide real-time insight into your business’ performance. Gaining access to manufacturing planning information, including important key performance indicators, helps to make better decisions to improve business processes and remain competitive. From sales order to work order processing, routing, and scheduling, order fulfillment and product costing, NetSuite’s manufacturing solution provides real-time visibility into every step of the production process to help you make better-informed decisions.
Security
NetSuite is a cloud-based application, so it is inherently secure and comes with built-in security features. There is never a need to worry about data or security, NetSuite meets many high-level security standards including SOC 1 Type II, SOC 2 Type II, PCI DSS, and ISO 27001.
Operational Efficiency
Get your products to market quickly and cost-effectively anywhere in the world with an end-to-end manufacturing software solution. NetSuite’s ERP manufacturing software enables businesses to run their manufacturing operations efficiently.
Top NetSuite Manufacturing Modules
Production Management
NetSuite’s Product Management module helps you improve work order management, product quality, and scheduling all in one place. You can create, release, update and monitor work orders through the entire production process and receive increased information for inventory tracking throughout the product lifecycle.
Inventory Management
The Inventory Management module allows you to closely manage supply chain and inventory levels to meet demand. It also provides flexibility for defining customer and/or product processing with multi-tiered rules. This module helps to improve order and line fill rates while also reducing administrative costs.
Demand Management
Demand Management takes the guesswork out of forecasting. This module helps you manage your supply chain to ensure you have appropriate inventory levels. It analyzes historical data to allow you to make informed forecasting decisions.
Planning and Scheduling
Accurate and thoughtful planning is the top priority for any successful manufacturing company. This module automates supply and demand to secure that your inventory levels are consistent with demand. Planning and Scheduling module also allows for flexible scheduling codes, finite and infinite capacity scheduling, and the ability to view your schedule using multiple graphs.
Supply Chain Management
Simplify distribution resource planning with NetSuite’s Supply Chain Management module. This module is the glue that holds your suppliers and purchasing departments together. Obtain a real-time view of your inventory status and supply chain data and automate stock levels with restocking alerts.
Procurement
NetSuite’s procurement module supports all operational processes and logistics from managing inventory to fulfilling material orders. Improve visibility by generating real-time views into company spend.
Shop Floor Control
Obtain complete control over your shop floor with NetSuite. This module allows for real-time updates from your shop floor. In turn, you can plan and record all updates of the product manufacturing cycle. Record downtime, enter production, identify quality issues, etc. in real-time.
Quality Management
NetSuite’s Quality Management module ensures your company delivers quality products while minimizing manual labor. Maintain high quality products with the ability to define inspection plans, pass/fail criteria, etc., all in real-time.
Work Orders
NetSuite’s Work Order Management module adds control and visibility when items. Easily define assembly items, build complex BOMs, create works orders, etc. This module also helps manufacturers following lean principles operate without work orders.
Streamlined NetSuite Implementation for Manufacturing
Getting Started with NetSuite Manufacturing
Implementing NetSuite enables your manufacturing company not only to survive – but to grow and thrive. This is one of many reasons that NetSuite is considered the world’s #1 cloud ERP, especially for growing businesses. NetSuite ERP is especially useful for manufacturing companies, with modules that effectively manage all aspects of the supply chain. From sales order to work order processing, routing, and scheduling, order fulfillment and product costing, NetSuite’s manufacturing solution provides real-time visibility into every step of the production process to help you make better-informed decisions.
