Friday, August 20, 2021

NetSuite Manufacturing Edition is a Complete Solution for Thriving Manufacturers—Check Out How?


NetSuite for Manufacturing is specifically orchestrated to help manufacturers manage their entire business with one integrated application. This extensively engineered cloud solution helps manufacturing businesses of all sizes grow, expand, and keep pace with the advancing landscape. Even small manufacturing units are driving notable profits by leveraging this manufacturing ERP software.

With NetSuite, manufacturers can:

  • ·         Create assemblies for distribution or selling the manufactured items
  • ·         Create inventory products from raw materials
  • ·         Assemble work orders before selling
  • ·         Analyze the cost for an item or assemblies
  • ·         Get support for multi-level bills of materials (BOMs) and work orders 
  •        (lean manufacturing production)
  • ·         Ensure inventory management to customer service-level agreements


Why Oracle NetSuite ERP for Manufacturing is growing in Demand?

This cloud ERP for Manufacturing is embedded with adaptive technology to steer scalability and help manufacturers ease out their complex operations. Some of its core capabilities that have made a manufacturer’s life super easy are mentioned below:

Assembly Management

NetSuite for Manufacturing Companies comes with extensive assembly management capabilities. This functionality enables manufacturers to manage component quantities and multi-level assemblies more profoundly. NetSuite closely integrates assemblies with work orders, where one can build multi-level assemblies at a time.

Production Cost Control

This Manufacturing ERP & Management Software renders inventive production cost control complements and expands item cost capabilities in numerous ways. Not only it helps maintain the single NetSuite element of cost but offers the ability to track the single total cost unit with other sub-components of cost. Manufacturers or production managers can maintain this using either a standard cost method or an average actual cost method.

Shop Floor Control

By leveraging NetSuite ERP for manufacturing Industry, you can avail of its 360-degree visibility to drive greater control over work in progress, manufacturing operations, and production management. You can capture real-time status updates and seamless data to track, manage, and optimize production cycle times. Also, it allows you to manage the lifecycle of the work order and the routing that defines the steps or processes required in item assembly.

Multi-Division and Multi-location

You can increase manufacturing efficiencies to multiple plants in different locations, even if you are running transcontinental entities. NetSuite for Manufacturing Industry supports multiple companies, even if the companies have multiple divisions with many manufacturing sites. Also, it extends support for division-level MRP and inter-site requirements planning. You can manage cost processes and track within divisions as well. Manufacturers can manage businesses either as a centralized or decentralized purchasing operation as it offers varying policies by division.

Lot and Serial Control

It supports NetSuite’s lot and serial traceability. It provides for an item’s lot or serial number that you can use to register the item through purchasing receipts, inventory, shop floor control, and sales order fulfillment functions.

Integrated UPS, FedEx, and USPS

You can manage UPS, FedEx, and USPS shipping directly and eliminate error-prone operations efficiently. It enables you to check real-time shipping rates, generates tracking numbers, validate destination addresses, and print shipping labels, from within NetSuite, the world’s most widely deployed ERP Software for Manufacturers. You can come across automatic integration of tracking numbers with your sales orders. Growing manufacturers prefer sharing these tracking numbers with their customers to trace the shipment and ensure delivery of satisfactory services.

Conclusion

Undoubtedly, this cloud ERP for Manufacturing is a one-stop solution to enhance all your manufacturing operations, a certified NetSuite Manufacturing Solution Partner would assist you in executing your business vision and steer unmatched scalability.

Acclaimed #1 Oracle NetSuite Partner in India, inoday delivers its decadal experience and industry expertise to do away with operational bottlenecks. We believe in rendering uncompromised solutions and it has helped us gain global recognition for our exemplary services as well.

For more queries and questions, you can connect with our dedicated team at info@inoday.com

For detailed information, Schedule A Demo!

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