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Why manufacturers need NetSuite as their business management solution

Why manufacturers need NetSuite as their business management solution
Published on 30th August 2023

In an increasingly complex global marketplace, manufacturers are constantly under pressure to streamline their operations, optimise their supply chains, and enhance customer satisfaction. Amid these challenges, the need for robust and comprehensive Enterprise Resource Planning (ERP) solutions for manufacturing has become increasingly apparent. That’s where NetSuite comes into play, serving as a powerful, all-encompassing business management solution.

Comprehensive manufacturing resource planning

At the heart of effective manufacturing lies resource planning – manufacturers need to manage a range of resources including labour, materials, and machinery, among others. NetSuite, with its rich manufacturing resource planning capabilities, provides real-time visibility into every facet of your manufacturing operations. This means you can efficiently manage production schedules, raw material requirements, and human resources, thus minimising waste and optimising production cycles.

Streamlined supply chain management

In today’s globally interconnected world, maintaining a seamless supply chain is more important than ever – effective supply chain management can make or break a manufacturing business. Fortunately, NetSuite for manufacturing comes equipped with powerful supply chain management tools. These tools offer complete transparency across your supply chain, enabling manufacturers to identify bottlenecks, anticipate issues, and respond to changes in demand swiftly and effectively.

Integrated payroll management

Managing payroll in a manufacturing environment can be a complex and time-consuming task, particularly when dealing with diverse and multi-skilled workforces. NetSuite’s payroll management solution brings a new level of efficiency and accuracy to payroll processing, allowing for the seamless management of wages, benefits, taxes, and other payroll functions. This not only reduces administrative burdens but also ensures compliance with ever-changing regulations.

Global capabilities

For manufacturers looking to expand their global footprint, NetSuite is an ideal partner. Its global capabilities allow manufacturers to easily manage multiple subsidiaries, currencies, tax rules, and reporting requirements. With NetSuite, manufacturers can scale their operations globally while maintaining local compliance and providing a consistent experience across all markets.

Superior warehouse management

NetSuite’s warehouse management system is another reason why manufacturers should consider it as their go-to business management solution. With features like real-time inventory tracking, efficient order fulfilment, and advanced bin and lot management, NetSuite’s warehouse management capabilities can significantly improve the efficiency of your warehouse operations.

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Ready to get started? Contact Annexa

In summary, the combination of NetSuite’s comprehensive suite of applications, its cloud-based architecture, and the support and expertise provided by partners like Annexa make it the ideal ERP solution for manufacturing businesses. Whether you’re looking to optimise your resource planning, streamline your supply chain, manage payroll more effectively, expand globally, enhance your warehouse management or all of the above, NetSuite has got you covered.

As your trusted NetSuite partner in sales, implementation, development, and support across Australia and New Zealand, Annexa is ready to help you harness the power of NetSuite to drive your manufacturing business forward. Let us guide you on your journey towards operational excellence with NetSuite.

Annexa is a leading NetSuite partner with extensive experience designing and implementing comprehensive and customised business systems, including payroll solutionsfinancial managementwarehouse management and ecommerce solutions.

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