Businesses can control and monitor their outsourced manufacturing processes like they’re your own by leveraging the core capabilities of NetSuite Supply Chain Management.
Understanding the expansion of manufacturing operations worldwide, the location of a product manufactured, and the manufacturer should not be a barrier to growth. NetSuite comes with an inventive feature to deliver a global view of inventory, regardless of where it is in production. With such capabilities, companies can manage outsourced production as if they were doing the manufacturing.
Supply Chain Management (SCM) Software under NetSuite ERP offer real-time inventory visibility, vendor location management and full distribution requirement planning (DRP) capabilities for multi-location planning.
NetSuite Supply Chain Management solution allows production companies to check the flow of goods from suppliers through manufacturing and into customers’ hands.
The production managers can keep production running smoothly by ensuring all materials are available and in the correct locations, and accurately schedule machinery and labor resources. Additionally, NetSuite procurement capabilities communicate with suppliers and nake sure that the purchasing process is accurate throughout the lifecycle.
- Integrated Demand Planning
- Inventory Management
- Predictive Analytics
- Work Orders And Routing
Manufacturing businesses can make the most of this inventive capability to simulate inventory supply and demand across their supply chain. This helps logistics teams analyze capacity and plan inventory purchases and production.
It comes with an extensive functionality to forecast accurately using simulations for both inventory and assembly/bill of materials items, including those with lot and serial numbers.
- Running Balance of Inventory (Based On Sales Orders And Future Stock Levels)
- Ways to change the Bills of Materials
- Impact of Production Process on the Business.
With the deployment of NetSuite Supply Chain Management Module under the aegis of a certified and award-winning NetSuite Partner like inoday, manufacturing units can predict future inventory needs based on historical demand, seasonality, open opportunities and/or sales forecasts.
By leveraging NetSuite Supply Chain Planning, production managers or planners can check the best way to fulfill demand plan requirements to balance supply and demand and fulfill customer orders as promised.
You can create capacity plans that capture and analyze production capacity. NetSuite renders an inventive rough cut capacity planning to help manufacturers evaluate production demand against resource availability. Business administrators can make the most of this function to compile data over that period to report on a work center’s remaining capacity and labor and estimate equipment resource demand. With NetSuite Supply Chain Management plans, you can see reflections of supply and demand based on NetSuite data at a specified time. Later, you can modify these reflections to create scenarios that show how revisions affect changes in supply, demand or both.
NetSuite ERP delivers an effective production plan to set the route for each item. Also, it estimates item start and end dates and evaluates the available capacity for completing the work. By leveraging Production scheduling, you can arrange, control and optimize production or manufacturing workloads over a fixed period of time. Moreover, NetSuite Supply Chain Management offers Scheduling to allocate machine resources to efficiently complete work orders based on a FIFO sequence set up by the planner.
To make the most of NetSuite Supply Chain Management, you can connect with an acclaimed and accredited NetSuite Partner—inoday. Our experts leverage years of experience in delivering successful projects and can guide you with their expertise over the application that can let you take a competitive lead.