Field Notes

Why Manufacturers Love NetSuite

At Code of the North, our experience with manufacturing companies has given us a deep understanding of the industry. We've seen first-hand how NetSuite effectively addresses common challenges faced by manufacturers. We've observed common pain points, and NetSuite's robust ERP capabilities offer effective solutions for these challenges. Here are some key issues we’ve seen and how NetSuite tackles them.

Complex Supply Chain Management

  • Challenge: Managing a complex supply chain involves multiple suppliers, vendors, and production stages. All those factors can mean inefficiencies, delays, and increased costs.
  • NetSuite Solution: NetSuite offers comprehensive supply chain management tools, allowing manufacturers to streamline procurement, manage inventory efficiently, and enhance collaboration with suppliers. The platform provides real-time visibility into the entire supply chain. That means better decision-making and reducing the risk of disruptions.

Inventory Management and Control

  • Challenge: Maintaining optimal inventory levels while minimizing holding costs and avoiding stockouts is a constant struggle for manufacturing companies.
  • NetSuite Solution: NetSuite's inventory management features help manufacturers optimize stock levels, track inventory movements in real time, and automate reorder processes. This leads to reduced carrying costs, improved order fulfillment, and better overall inventory control.

Production Planning and Scheduling

  • Challenge: Inefficient production planning and scheduling can result in resource bottlenecks, longer lead times, and increased production costs.
  • NetSuite Solution: NetSuite's ERP includes robust production planning and scheduling tools. These features help manufacturers create accurate production schedules, allocate resources effectively, and optimize production processes. The result is improved efficiency, reduced lead times, and better capacity utilization.

Quality Control and Compliance

  • Challenge: Ensuring product quality and compliance with industry regulations is crucial in manufacturing. But without proper systems in place, that can be challenging.
  • NetSuite Solution: NetSuite offers quality management modules that enable manufacturers to implement and enforce quality control processes. The platform helps in tracking and managing product quality throughout the production lifecycle. This ensures compliance with industry standards and regulations.

Data Silos and Lack of Visibility

  • Challenge: Many manufacturing companies struggle with disparate systems and data silos. That leads to a lack of real-time visibility into critical business processes.
  • NetSuite Solution: NetSuite provides a unified platform that integrates various business functions, eliminating data silos. This integration allows for seamless flow of information across departments, providing a holistic view of operations. Real-time data visibility empowers decision-makers with the insights needed for strategic planning and execution.

Scalability and Adaptability

  • Challenge: Manufacturing companies often face challenges when scaling operations or adapting to changing market conditions.
  • NetSuite Solution: NetSuite's cloud-based ERP is scalable and adaptable to evolving business needs. Whether expanding operations, adding new product lines, or entering new markets, NetSuite provides the flexibility to grow without the constraints of traditional on-premise solutions.

Why NetSuite for Manufacturers?

Imagine a tool that can give you better data access, help you reduce costs, minimize waste, and achieve double-digit growth. That's precisely what NetSuite offers.

Let's Dive into the Good Stuff

  1. Real-Time Information Everywhere: NetSuite provides you with the real-time information you need. It doesn't matter if you're at the office, at home, or sipping coffee at a local café; you have access to essential data at your fingertips.
  2. A Full Set of Features: NetSuite isn't just about one thing; it's the whole package. It handles everything from Customer Relationship Management (CRM) and Human Capital Management (HCM) to eCommerce.
  3. Super Easy to Use: NetSuite has an intuitive and user-friendly interface. Its streamlined design ensures a straightforward user experience, allowing for efficient utilization without the need for extensive technical expertise.

Why NetSuite Stands Out for Manufacturers

NetSuite is the #1 cloud ERP software solution for manufacturers. Here's why:

  1. Engineering Magic: It easily integrates with CAD applications, making product design and Bill of Materials (BOM) management a breeze. It ensures that production changes ripple through the system, affecting BOMs, demand plans, and procurement orders.
  2. Sales and Marketing Made Simple: With NetSuite, you can manage campaigns, handle opportunities, and speed up quoting and estimating. It helps convert quotes into sales orders quickly.
  3. Order Management Excellence: NetSuite takes the pain out of order management. It can transition orders to shipping, supports multi-step picking, packing, and shipping. And it even integrates with popular carriers like UPS and FedEx.
  4. Streamlined Supply Chain: It integrates seamlessly with your suppliers and simplifies distribution resource planning. You can manage inventory levels effectively, receive restocking alerts, and maintain a detailed view of your supply chain.
  5. Production Control Power: NetSuite streamlines production by creating work orders automatically. It supports lot and serial traceability, simplifies multi-level work order processing, and provides comprehensive production routing capabilities.
  6. Service and Support at Your Fingertips: It automates case management, simplifies return material authorizations, and enhances warranty management. Plus, it offers an extensive library of training aids, including videos and webinars.
  7. Financial Management Done Right: NetSuite provides customizable dashboards, various reports, and supports unlimited general ledger accounts. It streamlines invoice creation, simplifies asset management, and eases period-end closes.
  8. Ecommerce Prowess: NetSuite lets you implement both B2B and B2C portals, streamlines order placement, and supports dynamic price lists, discounts, and online payments.

Why Choose NetSuite Now?

NetSuite's cloud-based nature means you can start benefiting right away at lower upfront costs compared to traditional systems. Manufacturers around the world are upgrading to NetSuite, and they're loving the results.

Don't be left behind in the dust of legacy systems. Upgrade to NetSuite today, and watch your manufacturing business reach new heights. Partner with Code of the North to start your implementation off on the right path.

For personalized insights on how NetSuite can revolutionize your operations, reach out to our team of ERP manufacturing consultants. Discover the path to a more efficient manufacturing operation.