How can NetSuite help my Manufacturing Company?
NetSuite’s industry-leading cloud manufacturing software is the best choice for manufacturers looking for a complete solution. Terillium NetSuite VP, Steve May says “NetSuite’s robust functionality includes features such as Labor Costing and Work Orders along with more advanced modules such as Drag and Drop Gantt Charts, Finite Capacity Planning, Manufacturing Execution and so much more”.
NetSuite is the world’s number one true cloud enterprise resource planning solution. Organizations of all sizes use NetSuite’s full suite of tools to manage their business. However, the solution 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.
There are many business benefits to implementing NetSuite solutions for your manufacturing company. NetSuite allows you to gain access to the information you need with one system for all operational and financial information. You can also create a better supply chain with enhanced inventory visibility. Empower a global workforce and streamline processes across multiple locations. Last, and most importantly, NetSuite allows you to grow your business with detailed forecasts.
Modern manufacturing needs to be on the cutting edge with control, coordination, and reliable management. Learn how NetSuite for manufacturing companies can improve your business processes of your company in the manufacturing industry.
What are the Benefits for Manufacturing Companies?
There are many business benefits to implementing NetSuite solutions for your manufacturing company. NetSuite allows you to gain access to the information you need with one system for all operational and financial information. You can also create a better supply chain with enhanced inventory visibility.
Other big picture benefits of implementing NetSuite for manufacturing companies include:
- Reduce cost to produce
- Quicker time to value
- Diminish reliance on third party vendors
- Improved manufacturing information and intelligence
- Compare actual vs. standard with variance management
- Improved visibility with inventory and warehouse management
- Acquire detailed forecasts and sales data for enhanced decision making
Implementing NetSuite gives manufacturing companies access to crucial company information. NetSuite 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 also can 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 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.
Last, NetSuite helps manufacturing companies grow their business with the ability to prepare detailed forecasts based on actual sales data. NetSuite for manufacturing companies also allows you to plan material requirements to a master schedule and created a distribution plan based on forecasts and orders.
NetSuite is perfect for all sized manufacturing companies as it is a system that will scale as your company grows. A full solution for all your manufacturing company’s needs no matter what size.
How do you know if it's time to implement NetSuite?
NetSuite software has become the leading solution of choice for growing businesses that want to maintain and improve their competitive edge. Signs that your company would benefit from implementing a NetSuite ERP software system:
- There are concerns over the integrity of business data.
- You need better processes for collecting and analyzing data.
- You need better business reporting.
- The business has disconnected systems that don’t communicate to each other.
- Your company is growing and has outgrown its existing systems.
- Customer satisfaction is declining due to inefficiencies in back-office operations.
- You need to reduce costs.
In the manufacturing industry challenges and setbacks are unavoidable, especially in these uncertain and unprecedented times. Despite these challenges, manufacturing companies need to pivot, and problem solve to grow.
Without the proper tools, technology, and visibility, manufacturing companies can fail in the blink of an eye.
Implementing NetSuite to your manufacturing company provides opportunities for growth, allows you to adapt quickly to change, and delivers visibility through all areas of the business. Having this increased visibility facilitates quick, precise, and meaningful decision making.
NetSuite emerges as a transformative solution for manufacturing companies, seamlessly integrating core business processes. Its robust features, from inventory management to production planning, empower organizations to enhance efficiency, reduce costs, and streamline operations. The platform’s real-time visibility and data analytics capabilities provide invaluable insights, fostering informed decision-making. As a comprehensive cloud-based solution, NetSuite proves instrumental in navigating the complexities of modern manufacturing, ensuring adaptability and sustained growth in a competitive market landscape.