Exploring NetSuite ERP Features for Manufacturing Businesses

• Inventory and Supply Chain Management 

Visibility into inventory is crucial for manufacturing businesses, yet many still struggle with outdated systems that fail to deliver real-time insights or accurate data. An advanced ERP solution enhances this visibility, leading to improved inventory management. Modern ERP systems can track and highlight low inventory levels, prevent stockouts, and generate automated restocking alerts, thereby streamlining operations and boosting overall productivity. 

When it comes to supply chain management, we refer to the coordination and optimisation of the flow of goods from supplier to customer, aiming for efficiency and a reduction in time, costs, and waste throughout the production cycle. A robust ERP system must include the automatic generation of purchase orders to reduce manual effort and enhance efficiency. 

• Demand Forecasting 

Staying ahead of the competition is crucial for leading your industry and driving growth. ERP systems that leverage data, sales forecasts, and trends support this goal by ensuring optimal inventory levels and timely production schedules. This helps manufacturers stay competitive and ensures that customers always have the stock they need. Demand forecasting also involves maintaining control over the shop floor. 

Quick access to information from production facilities, regardless of their location, is essential for effective forecasting, scheduling, and planning of both short-term and long-term production. NetSuite Advanced Manufacturing ERP offers functionality to capture shop floor data and access it remotely, supporting precise planning and scheduling of workloads. This capability is a key element in managing the growth of your manufacturing business. 

• Sales and Customer Communication  

Having the ability to manage your entire sales processes on a unified platform, along with access to critical data, supports your team by ensuring a seamless flow from lead generation and conversion to customer acquisition and relationship management. This integration leads to higher retention rates, more returning customers, and improved customer satisfaction. An ERP system that allows you to create campaigns, manage sales opportunities, convert quotes to sales orders, and generate invoices offers a unique and advanced technological solution. 

• Production Control and Management 

NetSuite Advanced Manufacturing ERP provides manufacturers with the ability to plan, schedule, and track all orders, offering full visibility, flexibility, and diversity. With NetSuite, you can optimise your production workflows, ensuring timely and efficient operations. This enhances overall productivity and helps maintain high levels of customer satisfaction by ensuring products are manufactured according to demand and delivered on schedule. It’s a distinctive benefit for your business. 

• Quality Control 

An effective ERP system for the manufacturing industry features quality control and data collection capabilities that enable real-time tracking of production results and ensure compliance with quality standards. These quality control features help manufacturers detect and address issues early, maintaining high productivity and customer satisfaction. The system’s comprehensive reporting tools provide detailed insights into quality trends and performance metrics, supporting continuous improvement and adherence to industry standards. 

• Order Management  

To meet your customers’ demands promptly and accurately, an efficient order management function within your ERP system is essential. Streamlining and automating your order processing will enhance inventory control, reduce delivery times, and boost overall productivity, leading to greater customer satisfaction. Advanced analytics and reporting capabilities allow you to make data-driven decisions, ensuring that your order management processes continuously evolve to meet market demands. 

• Scheduling 

NetSuite Advanced Manufacturing ERP enables quick and efficient scheduling and planning of workloads, crucial for both short-term delivery and long-term strategic planning. The system’s real-time visibility into production processes and resource allocation ensures optimal efficiency and helps mitigate potential bottlenecks before they impact operations. 

An ERP system is crucial for a modern manufacturing business due to its centralisation of operations and inherent efficiency. Integrating core processes not only streamlines and simplifies workflows but also improves data accuracy and visibility, supporting real-time strategic decision-making and forecasting. Here at OSSM, we offer leading cloud-based ERP solutions that empower businesses to make strategic decisions based on real-time insights. 

NetSuite Advanced Manufacturing ERP is a unified business management suite that integrates all critical manufacturing functions, including production, inventory, and supply chain management, into a single platform. This comprehensive solution enhances operational efficiency, provides detailed visibility across all processes, and enables agile responses to market changes, ultimately driving growth and optimising performance. 

To learn more about NetSuite ERP for the manufacturing industry or to speak with one of our expert team members, please complete the online enquiry form, or call us at +353 (0)1 811 3811 (Dublin) or +44 (0)28 9002 3539 (Belfast).