NetSuite ERP: Future-Proofing Business in the Manufacturing Industry

3 min read

Businesses in the Manufacturing Industry are faced with a lot of challenges from the production floor, inventory, supply chain, quality control, and many more. Manufacturers are also faced with fluctuating customer demands, regulatory compliance, and a volatile business landscape.

NetSuite Enterprise Resource Planning (ERP) provides manufacturers with an omnichannel platform that seamlessly and comprehensively covers the inventory & warehouse management accounting management, financial management, order management e-commerce, and Customer Relationship Management (CRM).

NetSuite for Manufacturing

NetSuite ERP is a cloud-based software as a service (SaaS) that is built for manufacturers. NetSuite offers Manufacturers a complete suite of solutions that are cost-effective and scalable. With best-in-class architecture that is able to integrate into several third-party applications and is scalable to a global enterprise level that seamlessly connects global partners, suppliers, and vendors in real-time.

NetSuite allows and supports inventory management from multiple locations globally, work order management, assembly management requirements, bill of materials, bar coding, and other business processes unique to manufacturers. NetSuite ERP delivers the software infrastructure to support manufacturing in several core processes like supply chain and manufacturing.

Advantage of NetSuite for Manufacturing

NetSuite automates several important business processes that improve efficiency and reduces the cost associated with human error. NetSuite ERP also provides advantages and edge over the competition by reducing lead times to market new products from streamlined manufacturing processes.

NetSuite also allows businesses to remotely monitor crucial business and financial information in real time to help business forecast demand and control costs. It also improves order processing efficiency and increases quality control to meet strict regulatory compliances.

NetSuite enables the businesses the flexibility, agility, and visibility to quickly adapt to a rapidly changing business environment.

CRM

NetSuite also has Customer Relationship Management (CRM) capability that helps drive the customer lifecycle and improves customer relationships. NetSuite CRM allows for the seamless flow of customer information across the entire customer/buyer lifecycle from potential lead, to opportunity, sales order, and fulfillment. NetSuite CRM also allows for repeat customers and handles support that allows businesses to handle and manage renewals, upsell, cross-sell, and customer support.

Marketing

NetSuite has built-in Marketing features that allow Manufacturers to seamlessly synchronize and update their CRM data in real time. NetSuite also allows businesses to create, execute, launch and measure their marketing all in one omnichannel platform.

Order Management

NetSuite has industry-leading advanced order management and fulfillment that is seamlessly integrated to provide an omnichannel experience. Automated order management and fulfillment systems minimize cost and improve customer experience through timely delivery and fulfillment of products or services.

Supply Chain Management

Supply-chain management is a critical business process in any manufacturing business. NetSuite’s integrated multi-location cloud-based supply chain management system enables businesses to control and have real-time visibility in their global supply chain.

Global ERP Solution

NetSuite allows for multilocation management and automation of several core business processes for manufacturing like supply chain management, CRM, inventory and many more. The cloud-based ERP system allows businesses to quickly access crucial business and financial information from virtually anywhere around the world in real-time. Real-time access to these crucial information allows businesses to quickly shift and adapt to a rapidly evolving business landscape.

The Excelym Advantage

NetSuite for manufacturing is streamlined to help increase efficiency and reduce the overhead cost for businesses in manufacturing. NetSuite Solutions Partners like Excelym help businesses in the manufacturing industry fully leverage NetSuite Functionalities by identifying specific business requirements and providing cost-effective solutions according to the business needs and demands. Excelym also provides Consultation and Implementation services as well as scalable support and business process outsourcing/ BPO options.

To learn more about NetSuite for business: NetSuite for Business

To learn more about the total cost of ownership: NetSuite Total Cost of Ownership