NetSuite’s Impact on Manufacturing Performance


NetSuite provides an integrated software-as-a-service (SaaS) business management application for accounting and financials, enterprise planning, manufacturing, e-commerce, customer relationship management (CRM), and reporting. The core application provides functionality for manufacturing order and billing management, global subsidiary and business unit management, and partner relationship management.
NetSuite’s application is based on a single customer record, so sales, support, billing, acco

unting, shipping, and business intelligence capabilities all access the same data. Components of NetSuite that support manufacturers include:

  • Assembly management, work order, and bill of materials capabilities. Manufacturers can manage component quantities and multi-level assemblies, automate component restocking based on work orders, and manage components for both a single assembly and a particular work order. Product history tracking maintains a complete history for both products and their underlying components.
  • Manufacturing requirements planning and shop floor control. The NetSuite MRP engine builds the master production schedule and aligns production and inventory with demand. Shop floor controls provide real-time status updates to help track and optimize cycle times.
  • Inventory, cost, and project controls. Automated alerts enable manufacturers to proactively manage inventory, track cost elements, and understand planned versus actual costs for better forecasting and planning.
  • Demand planning. NetSuite uses information from sales orders and forecasted demand to help manufacturers manage stock and support just-in-time manufacturing.
  • Production engineering. Item master maintenance, bill of materials maintenance, and engineering change control ensure that engineering changes are reflected in downstream deliverables and inventories.
  • Lot and serial control. Manufacturers can trace an item’s lot and serial number through purchasing, inventory, the shop floor, and sales fulfillment.  Multi-division and multi-site support. Using NetSuite, manufacturers can support multiple facilities and companies and monitor operations on a centralized or decentralized basis.
  • Order fulfillment. Once a sale is closed, functionality in NetSuite generates an order and then manages it throughout the order-to-cash cycle. Task management functionality automatically identifies all the actions required for order fulfillment and assigns them to the appropriate person at the proper time according to pre-configured plans.
  • Industry-specific dashboards and metrics. Role-based dashboards and prebuilt reports provide real-time visibility into operational metrics such as order statuses, inventory levels, and supplier performance statistics.
  • E-commerce tools. NetSuite enables companies to set up e-commerce sites, including customer shopping carts and inventory search functionality. Order entry capabilities enable integration between these e-commerce tools and order fulfillment applications and processes.

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