Useful NetSuite ERP Software Manufacturing Modules For Your Business
If you are reading this article, then it might be possible that you are either planning to switch from your legacy system to NetSuite cloud based ERP.
Or
Just curious to know about the benefits of NetSuite modules for your manufacturing business.
Either way, you're in the right place!
This comprehensive write-up will guide you through the most useful NetSuite ERP software manufacturing modules to take your business to the next level.
So, let’s get started!
Don't forget to bookmark the article for future reference.
NetSuite Manufacturing Product Features - Top 7
Before we talk about the features, it is important to shed light on the need for NetSuite cloud ERP in manufacturing.
Do you know?
Did you know that the need for NetSuite cloud ERP in manufacturing is currently at the forefront of many companies' priorities? This is due to the significant changes and disruptions that have affected manufacturing and supply chain operations in recent years, leaving even well-established firms feeling overwhelmed. Moreover, the gradual reliance on partner networks for supplies and materials has exposed businesses to higher risks and limited perspectives.
And
Outdated or Legacy systems are struggling to meet the growing demand for speed and customization, while global disruptions have further made complicated roads. As a result, many businesses are relying on their legacy ERP systems to handle their day-to-day operations, including supply chain, logistics, and finance. However, to not just survive but thrive in these unpredictable conditions, manufacturers are seeking solutions that provide unity, connectivity, and coordination. They require a platform like NetSuite cloud ERP that can offer visibility and the ability to share data across the business on a single, unified platform.
After understanding the importance of NetSuite ERP for manufacturing industry, let’s dive into the prominent NetSuite software manufacturing modules for your business.
#1 Manage sales, purchases and Manufacturing orders with Order Management
Revamp your order management process with NetSuite’s Intelligent Order Management. In today’s ever-changing business environment, delivering the perfect order is more critical than ever.
This adept order management solution automates your order promising, allotment,
NetSuite’s solution automates your order promising, allocation, coherence, and execution processes. Ultimately, it helps you to fulfill orders based on global inventory availability without fail.
With NetSuite, you can optimize inventory, easily reduce the shipping costs, and achieve next-level customer experience with the automation of key processes. By eliminating duplicative order entries, you can better manage labor costs while scaling up your business.
Moreover, NetSuite's integrated order-to-cash processes, combined with intelligent workflows for approval routing, pricing, and discounting, enable you to manage all your orders in a single system and offer customers a consistent experience. Deliver the perfect order every time with NetSuite.
#2 Simplifies the complex task of scheduling in manufacturing
NetSuite simplifies the complex task of scheduling in manufacturing by providing a real-time scheduling engine that is both flexible and intuitive. With finite and infinite capacity scheduling, businesses can automatically balance supply and demand, ensuring they have the right inventory in the right place at the right time.
NetSuite's scheduling tools allow businesses to view all upcoming work orders in either a traditional calendar view or a Gantt chart. The intuitive drag-and-drop tools make it easy to schedule upcoming production and identify potential problem areas.
Once everything is scheduled, businesses can get a real-time view of production and make adjustments as needed to optimize efficiency and meet customer demand. NetSuite's scheduling capabilities help businesses streamline their production processes, reduce costs, and improve overall efficiency.
#3 Control & monitor your outsourced manufacturing processes
NetSuite provides a comprehensive solution to manage outsourced manufacturing processes efficiently. With NetSuite, businesses can have a global view of their inventory in real-time, regardless of where it is in production.
By providing real-time inventory visibility, NetSuite enables businesses to manage their outsourced production processes with the same level of control as their in-house manufacturing operations. This allows them to monitor their outsourced processes more effectively, ensure that products are being manufactured to the same high standards, and maintain consistency in quality.
Plus, NetSuite cloud ERP offers vendor location management as well as complete distribution requirement planning (DRP) capabilities for the planning of multi-location. This enables businesses to better manage their supply chain and ensure that they have the right inventory in the right place at the right time.
With NetSuite, businesses can streamline their supply chain processes, reduce costs, and improve their overall efficiency. They can manage their outsourced manufacturing processes more effectively, maintain quality and consistency across their products, and ensure that they have the inventory they need to meet customer demand.
#4 Procurement feature to efficiently manage purchasing processes
NetSuite is a comprehensive software solution that offers a range of features designed to help product-based businesses manage their suppliers and purchasing processes more effectively. From requests for quotes to blanket purchase orders and purchase contracts, NetSuite provides native features to ensure that businesses have the right materials or items available when they need them.
One of the key advantages of NetSuite is its ability to make the procure-to-pay process more efficient. By using NetSuite's tools, businesses can better monitor their spending, simplify requests for goods and services, and gain real-time visibility into their operations. This allows them to make smarter purchasing decisions, optimize their procurement processes, and reduce costs.
With NetSuite, businesses can streamline their procurement processes and improve their overall efficiency. They can track their spending in real-time, manage their suppliers more effectively, and ensure that they get the products they need when they need them, at the best price. Whether you're a small business just starting out or a large enterprise with complex supply chains, NetSuite has the tools and features you need to manage your procurement processes with ease.
#5 Make improvements across the floor with Shop Floor
Improving manufacturing processes is essential for any manufacturer looking to remain competitive in today's market. While planning and scheduling applications are important, recording real-time data from the shop floor is equally critical. That's where NetSuite comes in, offering a comprehensive solution to gather accurate information from the manufacturing process.
With NetSuite's interactive tablet application, manufacturers can receive real-time updates from the shop floor. The application can be deployed through any tablet's browser and is designed to accurately record each step of the manufacturing process. It provides an interactive work queue, displaying all current and future operations scheduled through the current work center. The user-friendly layout is specifically designed to withstand harsh manufacturing environments and can even be operated while wearing gloves.
Using the tablet application, manufacturers can make improvements across the floor and gain insights into their manufacturing processes. This can lead to increased efficiency, reduced waste, and better overall quality. With accurate and real-time data, manufacturers can make more informed decisions and adapt quickly to changing conditions on the shop floor.
#6 Produce high-quality product while reducing costs with Quality Management
NetSuite is an innovative software solution that offers a range of features and functionalities specifically designed to help manufacturers of all sizes improve their product quality and reduce costs. One of the most important features of NetSuite is its real-time monitoring of inspection plans, pass/fail criteria, and results.
With NetSuite, manufacturers can define their inspection plans, set pass/fail criteria, collect results, and monitor all the results in real-time. This allows them to identify quality issues quickly and take corrective action before they become major problems. By catching quality issues early on, manufacturers can reduce waste, rework, and scrap, which can lead to significant cost savings.
In addition to real-time monitoring of inspection plans, pass/fail criteria, and results, NetSuite also offers efficient business and supply chain management capabilities. Manufacturers can use NetSuite to streamline their production processes, optimize their operations, and better manage their supply chains. This helps them reduce lead times, increase efficiency, and improve customer satisfaction.
#7 Market your business like a pro with NetSuite’s CRM & Marketing
In today's fast-paced business world, adapting quickly to customers' needs is essential for success. That's why more and more companies are turning to automation to streamline their processes and improve customer satisfaction.
NetSuite's CRM & Marketing is a cloud-based solution that offers a wide range of features to help you manage your business like a pro. With sales force automation, marketing automation, and customer service and support management all in one place, you'll have everything you need to succeed.
But that's not all!
NetSuite's CRM & Marketing also includes powerful sales performance management, order management, and partner management features that are seamlessly integrated with your NetSuite ERP. With a complete picture of your sales, you'll be able to plan your shop floor operations and improve your forecasting.
Don't settle for less when it comes to managing your business. Use NetSuite's CRM & Marketing and take your manufacturing business to the next level today!
Wrapping Up
Looking to take your manufacturing business to the next level? Switching to NetSuite ERP might be just what you need. With features like Intelligent Order Management, streamlined scheduling, and real-time inventory visibility, NetSuite can help you optimize your processes and improve efficiency. Don't let outdated systems hold you back - make the switch to NetSuite today and start thriving in unpredictable conditions.
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