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Supply Chain Management

Supply Chain Management

Supply Chain Management

Where an item is produced or stored shouldn't keep a business from meeting customer needs. NetSuite eases the process of moving goods or materials through an extended supply chain.

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What is NetSuite Supply Chain Management?

NetSuite supply chain management solutions enable companies to oversee the flow of goods from suppliers through manufacturing and into customers' hands. Keep production running smoothly by ensuring all materials are available and in the correct locations, and accurately schedule machinery and labor resources. NetSuite procurement capabilities communicate with suppliers and ensure accuracy throughout the purchasing process. Then, integrated demand planning, inventory management and predictive analytics optimize production strategies, and work orders and routing ensure supply plans are executed and products are delivered as promised.

Single System, Real-Time Updates

NetSuite supply chain management records and updates production data, financial reports, inventory and outstanding orders in real-time. That ensures procurement, planning and production systems are operating on the same data.

NetSuite Supply Chain Management Benefits

  • Increased Profitability. Decrease the costs associated with planning and executing supply chain processes.
  • Improved Cash Flow. Understand when goods and materials are needed to meet customer demand, effectively plan production and minimize inventory on hand.
  • Reduce Risks. Use predictive analytics to identify potential risks in tandem with scenario planning to understand how to appropriately respond.

NetSuite Supply Chain Management Features

Understand your demand, appropriately allocate resources and schedule and oversee production to ensure products are available to sell as promised.

NetSuite supply chain execution helps businesses put their supply chain plans into action. Orchestrating an efficient production process that takes into account required and available inventory, procurement and availability of labor and machinery is a complex undertaking. NetSuite ensures that all moving pieces are accounted for. Now, production can proceed without delay, and employees regain time previously spent on complex planning and project management tasks.
Scanners and mobile devices improve data accuracy and eliminate manual errors throughout the manufacturing process, ensuring a consistent, quality product.
A central database means procurement, planning and production systems update inventory and production data, financial reports and outstanding orders in one place, in real-time. That ensures procurement, planning and production teams are operating on the same data.

NetSuite supply chain execution helps businesses put their supply chain plans into action. Orchestrating an efficient production process that takes into account required and available inventory, procurement and availability of labor and machinery is a complex undertaking. NetSuite ensures that all moving pieces are accounted for. Now, production can proceed without delay, and employees regain time previously spent on complex planning and project management tasks.

Scanners and mobile devices improve data accuracy and eliminate manual errors throughout the manufacturing process, ensuring a consistent, quality product.

A central database means procurement, planning and production systems update inventory and production data, financial reports and outstanding orders in one place, in real-time. That ensures procurement, planning and production teams are operating on the same data.

NetSuite Supply Chain Execution Benefits

  • Accurate COGS. Record labor and scrap usage in real-time to ensure you always have an accurate view of COGS.
  • Improved Communications.  Standardize and share production plans, work instructions and costing between production and development teams.
  • Defined Manufacturing Process. Calculate the resources needed to complete manufacturing, including expected timeframes and costs.
  • Consistent Product Quality. Inspecting raw materials and conducting ongoing reviews during the production process.

Supply Chain Execution

NetSuite supply chain planning helps businesses balance supply and demand with the right combination of cost controls, lead times and service levels. Using inventory management and demand planning techniques, combined with a robust scheduling engine and predictive analytics, NetSuite supply chain planning enables businesses to make informed decisions that ensure product availability while keeping excess inventory to a minimum.

Accurate supply and demand planning ensures products are available as promised, minimizing stock-outs, missed sales and unhappy customers.
Supply planning accounts for all inventory on hand, across all locations, allowing businesses to use stock in the most efficient way and keep overall inventory levels at a minimum, decreasing overhead and carrying costs.
Keep production processes running smoothly by ensuring all materials are available and in the correct locations and that machinery and labor are scheduled accurately

Accurate supply and demand planning ensures products are available as promised, minimizing stock-outs, missed sales and unhappy customers.

Supply planning accounts for all inventory on hand, across all locations, allowing businesses to use stock in the most efficient way and keep overall inventory levels at a minimum, decreasing overhead and carrying costs.

Keep production processes running smoothly by ensuring all materials are available and in the correct locations and that machinery and labor are scheduled accurately.

NetSuite Supply Chain Planning Benefits

  • Grow Customer Loyalty. Ensure orders are ready as promised, increasing customer satisfaction with on-time deliveries.
  • Increase Profitability.  Have enough stock to fill customer orders — and avoid being saddled with excess that will go unsold or need to be discounted.
  • Maximize Production. Keep the production process running smoothly, with all materials, machinery and labor available on time, in the right place.
  • Eliminate Excess Inventory. Ordering based on demand reduces excess inventory that sits on the shelf and increases carrying costs.

Supply Chain Control Tower

The Supply Chain Control Tower tool simulates inventory supply and demand across your supply chain, helping logistics teams analyze capacity and plan inventory purchases and production. Forecast accurately using simulations for both inventory and assembly/bill of materials items, including those with lot and serial numbers. Simulations show a running balance of inventory, based on sales orders and future stock levels, as well as how changes to the BOM or production process will impact the business. Using predictive risk tools, planners can gain a better understanding of how actions may impact future business processes.