NetSuite’s comprehensive cloud-based Enterprise Resource Planning (ERP) solution offers several benefits tailored for the needs of manufacturers. Here are some key advantages of NetSuite for manufacturing companies:
Streamline your operations with a fully integrated system that offers real-time data
NetSuite unifies various business functions like finance, inventory management, order management, and supply chain into a single platform, reducing silos and improving operational efficiency. In combination with this, NetSuite provides real-time visibility into manufacturing operations, allowing for better decision-making and much quicker response times than with traditional systems.
Improve supply chain management with optimised demand planning and inventory management
NetSuite significantly improves demand planning helping a manufacturer to predict future demand more accurately, and ensuring manufacturers can meet customer needs without overproducing. By optimising inventory levels, NetSuite reduces carrying costs and minimises stockouts or overstock situations.
Better financial management
NetSuite replaces all your legacy accounting systems and automates many financial processes including billing, invoicing, and reconciliation, thereby significantly reducing the chance of errors and freeing up more time for strategic activities. With its comprehensive financial reporting and analytics, NetSuite helps manufacturing companies to better track profitability, costs, and overall financial health.
Improved production management
NetSuite for Manufacturers has powerful work order management capabilities and streamlines work order creation and tracking, ensuring production processes are efficient and timely. NetSuite manages your Bill Of Materials (BOM) effectively, ensuring all components are available for production, thereby reducing delays.
Enhanced customer relationship management (CRM)
NetSuite for Manufacturers order management functionality ensures that you can manage customer orders efficiently, from order capture to fulfilment, ensuring timely delivery and increased customer satisfaction. What’s more, NetSuite’s fully integrated CRM keeps track of customer interactions, sales, and service history, helping manufacturers build better overall relationships with their clients.
Advanced production planning and scheduling
NetSuite for Manufacturers production scheduling capabilities help to optimise your production schedules to maximise their efficiency and minimise any potential downtime. With its capacity planning features, the system ensures resources are used optimally, balancing demand with production capacity.
Regulatory compliance
NetSuite’s compliance management tools help manufacturers to comply with industry standards and regulations, reducing the risk of non-compliance penalties.
Enhanced collaboration with stakeholders
NetSuite’s inbuilt collaboration tools improve every facet of an organisation’s communications, not only externally but internally as well. The system facilitates better communication and collaboration across different departments and with external stakeholders such as suppliers and customers.
Scalable and flexible enough to grow as you do
As a cloud-based solution, NetSuite easily grows with your manufacturing business, as it is capable of handling increased production volumes and more complex operations as you expand. Where specific customisations are needed, NetSuite can be tailored to fit specific manufacturing processes and requirements, enhancing its utility and relevance to various manufacturers.
Mobile access means you can work anywhere
As a manufacturer you can often be called out on-site or to a client’s premises, but with NetSuite’s in-built remote access, it means you have ‘always on’ access to critical data and processes, allowing managers and employees to work from anywhere, increasing flexibility and responsiveness.
NetSuite for Manufacturers drives manufacturing efficiency and growth
NetSuite's comprehensive ERP capabilities offer manufacturing companies a powerful tool to enhance their operations, improve efficiency, and drive growth. By providing real-time data, streamlining processes, and offering scalable solutions, NetSuite helps manufacturers remain competitive in a demanding, ever-changing market.
NetSuite Aftercare for Manufacturers
With over 15 year’s experience and over 230 successful NetSuite implementations, many for manufacturing organisations, ERP Experts has taken that experience and expertise and put together NetSuite Aftercare for Manufacturers, a comprehensive growth and support plan that optimises NetSuite for your organisation. Contact us to find out more.
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