NetSuite create great software. BM Online implement great Manufacturing solutions using NetSuite.
NetSuite provides a comprehensive cloud-based ERP solution for manufacturing companies that need inventory management with dynamic replenishment, production planning, warehouse management, financial accounting and costing, customer and partner relationship management, and ecommerce. Whether you’re a true manufacturer, an assemble-to-order business or a distributor with manufacturing needs, NetSuite enables you to manage your entire business with a single unified Software-as-a-Service (SaaS) ERP suite, provided on demand over the Internet. It delivers the vital visibility and control of key processes that manufacturers require to efficiently compete in the market. Building on NetSuite’s core strength in inventory and warehouse management, NetSuite Manufacturing enables you to effectively manage component quantities and build multi-level assemblies, either one level at a time or all at once. Leveraging NetSuite’s assembly capabilities, you can:
Work Orders NetSuite’s work-order capabilities allow manufacturers to readily manage the build process for production work orders, with flexibility to choose from several methods to replenish inventory levels of stock sub-assemblies and finished goods.
Alternatively, you can manage special-order work orders built to exact specifications for a particular customer or build. Leveraging work order capabilities, you can: • Track production Bill of Materials (BOM) NetSuite’s bill-of-materials functionality enables you to identify the components required for a single assembly plus all the components required by a particular work order. Assembly instructions can also be included in the printable BOM in PDF format. Since every build process requires a bill of materials that outlines what components are required to build the finished good, NetSuite tightly couples BOMs with both assemblies and work orders. It enables you to: • Include assembly instructions • Simplify assembly and work orders • Cover components for single assembly or particular work order. Demand-Based Inventory Replenishment NetSuite allows manufacturers to dynamically set reorder points and preferred stock levels for components of assemblies as well as finished goods, based on such factors as average lead time, historical or seasonal sales demand, and number of days from supply to stock. Work orders drive thedemand for components as they are completed, automating the replenishment of source materials and components. This means you will always have stock on hand, but it will be ordered “just in time.” NetSuite’s demand-based inventory replenishment allows you to: • Set reorder points and preferred stock levels dynamically • Automate inventory replenishment • Simplify just-in-time manufacturing and inventory.
Product History Tracking NetSuite gives employees critical inventory information by maintaining a complete history for each product assembly and kit throughout the entire lifecycle. When you sell an assembly, you can show it as a single final product, or a final product with all its components individually listed and serialized. You can use a variety of build materials, including inventory, non-inventory and service items, to assemble a final product. You can also use your existing inventory more cost-effectively by undoing builds and reusing their components.