Netsuite for Manufacturers

NETSUITE FOR MANUFACTURERS

NetSuite’s cloud-based financials/ERP and “NetSuite has given us dramatically omnichannel commerce software suite is better data access and reporting the best choice for manufacturers wanting a complete business solution. Its comprehensive and has been instrumental in our functionality, which includes CRM, HCM and lean manufacturing initiative, helping ecommerce, provides manufacturers with the us reduce cost and waste while software needed to run a modern business. A best-in-class architecture enables extended, achieving double-digit growth.” yet seamlessly-integrated, global networks CMP Corporation of suppliers and partners—these networks perform maximally because information is available in real-time everywhere. NetSuite provides inventory, warehouse management, accounting and financial management, order management, customer relationship management and ecommerce capabilities. It supports inventory for multiple locations, assembly management requirements, bill of materials, work order management,

www.netsuite.com/manufacturing diverse methods of measurement, bar coding procedures and other business processes. Product Features • Engineering – improve product design and Ease-of-use allows subscribers to adapt BOM management. NetSuite to specific roles and requirements • Sales and Marketing – implement campaigns, and do so without software programming manage opportunities and expedite expertise. It can be customized to provide estimating and quoting. real-time insights into key performance • Order Management – accelerate demand indicators—an intuitive dashboard provides a planning and control input type. 360⁰ view of business operations and enables • Supply Chain Management – synergize any issue to be investigated thoroughly. with suppliers and purchasing, and simplify Since it’s a cloud-based application, distribution resource planning. manufacturers can benefit from NetSuite’s rich • Production Control – improve scheduling, functionality immediately, and at lower upfront work order management and increase product quality. costs, than legacy approaches. • Service and Support – streamline case Engineering management, manage warranty returns • Integrates with many CAD applications, and enable customer self-service. simplifying costing by supporting easy • Financial Management – enhance import of BOMs. intercompany accounting, costing and payment management. • Ensures production engineering changes • Commerce – empower omnichannel propagate end-to-end and are reflected purchasing in B2B and B2C environments. in downstream BOMs, demand plans and procurement orders.

• Provides extended capabilities for inventory Order Management control tracking, planning and costing of • Improves order management by automatically items in project-controlled environments. transitioning orders to shipping/logistics and account receivables. • Delivers more flexibility in costing by supporting comprehensive inventory costing • Supports multi-step picking, packing methods including LIFO, FIFO, average, and shipping. standard and actual costing. • Provides real-time visibility into entire • Streamlines team management using at- order management process with relevant a-glance allocations of people with data, information such as orders, trends and order processes and business systems. conversion rates.

SALES CORE BUSINESS PLANNING CUSTOMER MANAGEMENT

ORDER MANAGEMENT

GLOBAL FINANCIAL MANAGEMENT COMMERCE BILLING MANAGEMENT

MANUFACTURING REVENUE MANAGEMENT

TIME & EXPENSE

SUPPLY CHAIN COSTING MANAGEMENT NetSuite provides a full business solution for manufacturers.

• Allows drill-down from a summary level for • Converts quotes into approved sales orders greater details, all the way to the underlying and routes them to the finance team for transaction, in only a few clicks. invoicing and revenue recognition.

• Integrates with carriers such as UPS, FedEx • Provides mobile access to key information and USPS out-of-the-box. such as sales orders, customer dashboards and calendars. Sales and Marketing • Accelerates real-time quote management by Supply Chain Automation incorporating pricing, sales tax and discounting • Supports extended, yet fully integrated, rules automatically into sales quotes. supply chain environments by ensuring data flows seamlessly across networks. • Allows for the creation, execution and measurement of email campaigns that • Advances distribution resource planning convert leads to customers. by automatically suggesting, and where appropriate, generating purchase orders, • Enables intuitive management of opportunities work orders and transfer orders across across status, potential revenue, key contacts multiple locations. notes and related documents.

Copyright © 2018, Oracle and/or its affiliates. All rights reserved. Page 3 “NetSuite is awesome and does an amazing job in tracking and managing inventory and enabling us to run the business as efficiently as possible.” Liberty Bottleworks

• Integrates demand planning forecasts and Service and Support required inventory levels based on historical • Automates case management by assigning data, sales forecasts, average trends and support tickets to unique customer email seasonal fluctuations. addresses, including provisions for escalating issues based on customizable parameters. • Monitors stock levels and automatically creates restocking alerts and reordering • Accelerates return material authorizations by forms to ensure planned inventory levels enabling products to be returned to one of are maintained. many locations, where available.

• Provides real-time, detailed visibility into • Improves warranty management with look- key spend, inventory and supply chain up code that automatically trigger return and management metrics. repair processes.

Production Control • Provides a rich library of online training aids • Streamlines production environments by that includes training videos, webinars and automatically creating work orders from weekly bulletins. sales orders in make-to-order environments. Financial Management • Features lot and serial traceability and • Features customizable dashboards displaying enables both to be registered through key information such as accounts receivable, purchasing receipts, inventory, shop floor orders and accounts payable. control and sales order fulfillment functions. • Provides multiple reports including income • Simplifies multi-level work order processing statements, balance sheets, consolidated by enabling a single work order to control a reports, variance reports and side-by- multi-level assembly. side comparisons.

• Supports full production routing capabilities • Supports unlimited numbers of general ledger including operational steps, work centers, accounts, sub-accounts and segments. labor, overhead and materials. • Streamlines invoice creation by automatically • Provides critical information for inventory calculating sales taxes, finance charges and tracking by maintaining a complete history of discount terms. each product kit throughout its lifecycle.

Copyright © 2018, Oracle and/or its affiliates. All rights reserved. Page 4 “Because NetSuite is in the cloud, we can enter new markets faster. We’re very confident netsuite will seamlessly support our growth outside North America.” Shaw Industries

• Enables maintenance and control of the • Automatically creates dynamic price lists that complete asset lifecycle across depreciating reflect purchase volumes. or non-depreciating assets, from creation to • Supports creation of coupons or discounts depreciation, revaluation and disposal. on specific items, enables exempting other • Simplifies period-end closes with automated items from discounts, and automatically allocations, currency management tools and delivers up-sell recommendations. period locking. • Provides search engine analysis, website Commerce analytics and reporting, online marketing • Enables implementation of both B2B and analytics and more. B2C portals that streamline order placement • Accepts real-time payments from different and improve customer satisfaction. credit cards and international currencies • Streamlines order management by and supports Google Checkout or PayPal transferring orders automatically to back- checkout options. office fulfillment processes.

NetSuite provides a rich array of actionable insights for specific business roles.