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Data Sheet
R0312© NetSuite 2012. www.NetSuite.com
NetSuite: The Integrated Application to Manage Your Business
NetSuite is a complete solution for manufacturing organizations that require 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 requirements,
NetSuite lets you manage your entire business with one integrated Software-as-a-Service (SaaS) suite,
delivered on-demand over the Internet. It provides the essential visibility and control of key processes
that manufacturers need to compete more effectively in the market.
As a SaaS solution, NetSuite lowers your total cost of ownership (TCO) by eliminating costs for
on-premise servers and license fees as well as expenses for site-to-site IT support. NetSuite’s open
architecture enables easy system integration with your supply chain. And with anywhere, anytime access
to critical data in the cloud, you gain mobile productivity for further cost savings and efficiency.
NetSuite includes specific capabilities for demand planning, production planning, production
engineering, shop floor control, manufacturing control, cost control, project control, lot and serial
control, and multi-division / multi-site solutions.
Manufacturing Needs NetSuite for Manufacturers
Inventory control Real-time inventory management
Production planning Demand planning
Product Availability Available to promise
Production control Work orders and assembly management
Customer service CRM and real-time updates
Comprehensive, real-time view Role-specific dashboards
Shipping management UPS, FedEx, USPS integration
Financials and budgeting Real-time financials—no batch processing
Aftermarket support Case management and RMAs
One Complete Solution to Run Your Manufacturing Business
NetSuite helps you manage your entire manufacturing business with one integrated application. With
NetSuite, you can:
•	 Manufacture products and create assemblies to distribute or sell
•	 Create inventory products from raw materials
•	 Assemble work orders or assemblies before the sale of the item
•	 Determine the cost for an item or assemblies
•	 Establish multi-level bills of materials (BOMs) and work orders
•	 Support lean manufacturing principles
•	 Manage inventory levels to meet appropriate customer SLAs.
NetSuite for Manufacturers
•	Complete manufacturing
business process support
spanning the full production
cycle
•	Real-time visibility throughout
your entire organization, from
sales to operations to invoicing
•	Integrated business
management with one end-
to-end solution, eliminating
integration hassles
•	Cost savings and fast ROI from
reduced IT infrastructure and
faster time to market
•	Customizability to meet your
unique business needs or
integrate with your existing
applications and processes
Key Benefits
NetSuite Customers Include:
CLOUDTECH
Office: +63.2.6331728; 4820995
Mobile: +63.917.8348277
Email: inquire@cloudtecherp.com
Website: www.cloudtecherp.com
NetSuite for Manufacturers 2 | 8 © NetSuite 2012
Flexible and Extensible Solution
NetSuite allows fast-growing and mid-sized 21st century manufacturing companies to select and deploy
only the functionality required and expand their suite capabilities as their business and marketing
conditions evolve. NetSuite is easily customized to your unique business needs, and customizations carry
over seamlessly with each upgrade to the application.
Powerful Functionality for Manufacturers
NetSuite delivers the functionality that’s critical to running a manufacturing business, including:
•	 Assembly Management: NetSuite’s assembly management capabilities enable you to more
effectively manage component quantities and multi-level assemblies. Building on NetSuite’s core
strength in inventory and warehouse management, NetSuite closely ties assemblies with work orders,
allowing multi-level assemblies to be built one level at a time or all at once.
•	 Work Orders: NetSuite’s work-order capabilities allow manufacturers to readily manage the
manufacturing process for production work orders. This lets you replenish standing inventory levels
of finished goods or special-order work orders built to exact specifications for a particular customer.
NetSuite supports the creation of work orders from sales orders and continuously monitors stock
level for automatic restocking and reordering, such as automated purchase order creation to support
just-in-time reordering.
•	 Production Engineering: NetSuite Production Engineering ensures that changes propagate
effectively and intelligently, and that engineering changes are reflected in downstream deliverables,
plans and inventories. Capabilities include item master maintenance, BOM maintenance, item and bill
of material revision control, and engineering change control.
•	 Bill of Materials (BOM): NetSuite’s multi-level BOM functionality enables you to cover 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 successfully
build the finished goods, NetSuite tightly couples BOMs with both assemblies and work orders.
Original design manufacturers (ODMs) can better manage their engagements with vendors or
contract manufacturers. And original equipment manufacturers (OEMs) can better manage margins and
product pricing strategies in the channel.
Bill of Materials Inquiry allows at a glance view of availability down to the component level.
Since implementing
NetSuite Light
Manufacturing, we’re able
to track inventory with
a click of a button, drill
through the sub-assembly
items easily and become
more efficient in planning
production, purchasing and
approving sales orders.
—Monobind
•	Complete on-demand SaaS
solution for fast-growing and
mid-market manufacturers
•	Role-based, customizable
dashboards
•	Integrated CRM, marketing,
inventory control, accounting and
ecommerce
•	Self-service vendor, partner
and customer centers
•	Built-in support for multi-site,
multi-language, multi-currency
manufacturing operations
Key FEATURES
CLOUDTECH
Office: +63.2.6331728; 4820995
Mobile: +63.917.8348277
Email: inquire@cloudtecherp.com
Website: www.cloudtecherp.com
www.NetSuite.com
Data Sheet
NetSuite for Manufacturers 3 | 8
•	 Shop Floor Control: Leverage NetSuite’s 360-degree visibility to gain more control over work in
progress (WIP) and manufacturing operations and management—with real-time status updates and
seamless data capture to help track, manage and optimize cycle times. Manage the lifecycle of the
work order and the routing that’s used as a basis for defining the steps or processes that are required
in item assembly and manufacture.
•	 Cost Allocation: NetSuite ensures that manufacturers can accurately allocate for the costs of a
given product ensuring that they can maximize profitability. It not only maintains the single NetSuite
element of cost but also provides the ability to track this single total cost unit with as many as
eight sub-components of cost. These cost elements can be maintained using either a standard cost
method or an average actual cost method.
•	 Inventory Control: NetSuite’s Inventory Control supports a number of business processes relating
to the maintenance of item inventories, inventory valuation and planning and setting of item policies
such as lead time and MRP planning. Purchase requisition maintenance for direct material items is
also supported in this capability as is a supply/demand review (an output of MRP) that dynamically
integrates supply and demand with projected on-hand balances.
•	 Demand Planning: NetSuite uses information from sales order management to drive top-level
demands. Taking both sales order and forecasted demands, NetSuite delivers a robust yet cost-efficient
demand planning solution to discrete manufacturers of all sizes. This single suite solution improves
forecast accuracy and responsiveness to ever-changing customer demands to help ensure stock
availability with just-in-time ordering.
•	 Lot and Serial Control: NetSuite Lot and Serial Control supports NetSuite’s lot and serial traceability
and provides for an item’s lot or serial number to be registered through purchasing receipts,
inventory, shop floor control and sales order fulfillment functions.
•	 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, and use your existing inventory more
cost-effectively by undoing builds and re-using their components. The warehouse maintains the
complete details of an assembly, leading to more efficient tracking of component levels and
improved inventory management.
•	 Multi-Division and Multi-Site: Extend manufacturing efficiencies to multiple plants in different
locations—even throughout the world. Support multiple companies, even if those have multiple
divisions with multiple manufacturing sites. Support division-level and inter-site requirements
planning with costs processes managed and tracked within divisions. Vary planning policies and
inventory policies by division, allowing you to manage your manufacturing business as either a
centralized or decentralized engineering and purchasing operation.
•	 Project Control: NetSuite Project Control provides extended capabilities for inventory control
tracking, planning and costing of items in a project-controlled environment. It enables purchasing of
materials and manufacturing to a customer-specific contract. NetSuite Project Control enhances your
cost accounting capabilities with deep analytics and tracking controls. This provides online project
status information at any point during the lifecycle of a project, allowing you manage customer
projects and driving better customer service levels.
By replacing our old
system with NetSuite,
we’ve gained efficiencies
equivalent to six full-
time employees. Netsuite
provides insight and
control over our entire
workflow, from parts
procurement through
assembly, shipping,
delivery and customer
follow-up.
—Sonny Jelinek
CEO, Jelinek Cork Group
CLOUDTECH
Office: +63.2.6331728; 4820995
Mobile: +63.917.8348277
Email: inquire@cloudtecherp.com
Website: www.cloudtecherp.com
NetSuite for Manufacturers 4 | 8 © NetSuite 2012
Sophisticated Procurement, Inventory and Fulfillment Management
NetSuite saves manufacturers countless hours of work associated with data entry, organization and
fulfillment. You can convert forecasts to orders, orders to shipments and shipments to revenue with
unprecedented efficiency. NetSuite’s procurement, inventory and fulfillment management offers
a complete set of capabilities that provide integrated supply chain management, while NetSuite’s
purchasing and vendor management capabilities help you reduce spending on goods and services,
streamline procure-to-pay processes and ensure compliance with corporate policies.
•	 Allows employees to create and track purchase requisitions and orders through a self-service
Employee Center that eliminates paper-based forms and associated errors
•	 Enforces strong purchase order approval processes with automatic approval routing and
digital approvals
•	 Provides real-time, detailed visibility into key spend, inventory and supply chain management metrics
•	 Multiple location inventory management enables easily managing which warehouse location will
receive or fulfill an order
•	 Provides comprehensive inventory costing methods including LIFO, FIFO, and average and
standard costing
•	 Integrated demand planning forecasts required inventory levels based on historical data, sales
forecasts, average trends and seasonal fluctuations
•	 Integrated Vendor Center provides vendors with self-service access to purchase orders, accounts
payable data and other key information
•	 Ease of integration enables drop-ship business models
•	 Packaged shipping integration with carriers such as UPS, FedEx and USPS.
Real-Time Dashboards, Reporting, Analytics and Planning
NetSuite provides manufacturing businesses with the power of built-in real-time dashboards, reporting
and analysis—integrated right into the ERP, CRM or ecommerce application that employees use every
day. Business users gain personalized visibility into the latest business performance metrics, whether
financial, sales, service or marketing performance.
•	 Provides personalized, role-based, real-time dashboards and reporting across the company—from
accounting and sales to ecommerce and support
•	 Transparent drill-down from a summary level to greater detail, all the way to the underlying
transaction, in just a few clicks
•	 Complete self-service reporting enables easy ad hoc report creation, added fields, custom formulas
and report sharing.
From setting up inventory
parts to assemblies down
to SKUs, NetSuite allows us
to efficiently manage our
production.
—Bossa Nova Robotics
Manufacturers using NetSuite
report average inventory
carrying reductions of 20%.
NUCLEUS RESEARCH
CLOUDTECH
Office: +63.2.6331728; 4820995
Mobile: +63.917.8348277
Email: inquire@cloudtecherp.com
Website: www.cloudtecherp.com
www.NetSuite.com
Data Sheet
NetSuite for Manufacturers 5 | 8
Integrated Financials/ERP
Powerful Financial Management
NetSuite financial management provides comprehensive accounting functionality that accelerates your
financial close, provides strong invoicing and expense management, streamlines order and revenue
management, and delivers complete real-time visibility and reporting to manage the financials of
the business. And because it’s fully integrated, it provides significant efficiencies in manufacturing
companies’ finance and operations departments. This proven solution delivers greater productivity
through integration, real-time tracking and reports and auditing tools that reduce the overhead typically
burdening manufacturers.
•	 Provides more than 100 standard reports, including income statements, balance sheets, consolidated
reports, variance reports and side-by-side comparisons—or easily create and define financial reports
according to the needs of your business
•	 Flexible general ledger, accounts receivable and accounts payable; supports an unlimited number of
general ledger accounts, sub-accounts and segments
•	 Automated allocations, currency management tools and period locking simplify the period-end
close process
•	 Always-on audit trail provides total background into every transaction, such as the author and time
of each entry
•	 Fixed asset management enables maintenance and control of the complete asset lifecycle across
depreciating or non-depreciating assets, from creation to depreciation, revaluation and disposal
•	 Accommodates different accounting and business practices across countries and supports local
reporting and taxation requirements
•	 Full multi-currency accounting support for offices in other countries, or when conducting business
with foreign companies. CLOUDTECH
Office: +63.2.6331728; 4820995
Mobile: +63.917.8348277
Email: inquire@cloudtecherp.com
Website: www.cloudtecherp.com
NetSuite for Manufacturers 6 | 8 © NetSuite 2012
End-to-End Order-to-Cash Management
NetSuite fast-tracks your order-to-cash process—from quote to order to invoice—in a single integrated
process that reduces manual effort, eliminates errors and accelerates order management.
•	 Converts quotes into approved sales orders and routes them to the finance team for invoicing and
revenue recognition
•	 Integrates order fulfillment with inventory management and suppliers, improving efficiency at
every step
•	 Incorporates pricing and discounting rules automatically into the quote process
•	 Automates revenue recognition by recognizing rules on how sales orders will be billed and fulfilled
•	 Reduces fulfillment errors by electronically routing orders to suppliers for drop shipping
•	 Provides real-time visibility into the entire order management process showing orders, trends and
order-conversion
•	 Automates invoice creation by calculating sales tax, finance charges and discounts based on
payment terms
•	 Provides flexibility to bill in advance or arrears, and prorate partial months
•	 Eliminates data re-entry by easily accepting payments from a wide array of payment vehicles
•	 Self-service capabilities enable customers to manage their own billing plans, payment options
and information.
Multinational and Multi-Company Management
NetSuite OneWorld is an optional module that enables you to manage multinational and multi-
company business in real time. It manages the financial consolidation required of separate companies
or subsidiaries, as well as multiple entities performing marketing and customer support. It also enables
the management of distributed sales teams and selling partners, and allows you to dynamically
consolidate financial reports on the fly from multiple companies and gather business intelligence in real
time. NetSuite OneWorld allows you to drill down to all levels of the underlying business—to the item
level, the customer, record or to an individual transaction. Only with NetSuite OneWorld can you see
consolidated information across all of your companies globally, as well as the specific data you need.
Integrated Ecommerce Capabilities for Manufacturers
Your website is most customers’ channel of choice for interacting with your company. NetSuite is
the only application provider that offers website hosting and ecommerce as core components of the
application. NetSuite’s ecommerce functionality helps you leverage the web to grow your business
faster and more cost-effectively, and deliver an intuitive and streamlined experience to both customers
and partners. NetSuite makes it possible to deliver an “Amazon.com-like” experience and to better
manage and grow the entire business with a fully PCI-compliant and integrated ecommerce system.
•	 Website hosting enables deployment of database-driven sites that are always in sync with the rest of
the business
•	 Accepts real-time payments from different credit cards and international currencies, and supports
Google Checkout or PayPal checkout options
We looked at Microsoft
Dynamics and SAP, but
NetSuite’s cloud ERP
would allow us to reduce
the amount of resources
required, provide anywhere
access and seamless
upgrades. Additionally,
we were able to move
our quote-to-cash and
procurement processes
to NetSuite.
—Rob Forand
Director of Administration,
Epec Engineered Technologies
CLOUDTECH
Office: +63.2.6331728; 4820995
Mobile: +63.917.8348277
Email: inquire@cloudtecherp.com
Website: www.cloudtecherp.com
www.NetSuite.com
Data Sheet
NetSuite for Manufacturers 7 | 8
•	 Supports creation of coupons or discounts on specific items, enables exempting other items from
discounts, and automatically delivers upsell recommendations
•	 Streamlines order management by transferring orders automatically to accounts receivables and
warehouse departments
•	 Ecommerce analytics provides search engine analysis, website analytics and reporting, online
marketing analytics and more.
Sales, Marketing and Service Automation
NetSuite enables manufacturers to automate their entire marketing process across channels to
better align campaigns and programs with sales efforts. Sales force automation drives your business
performance with a totally seamless sales process from opportunity, upsell and quote management to
sales forecasting, order management, fulfillment and even sales commissions. Call center management
assigns, tracks and escalates cases for faster, more efficient customer service. NetSuite’s 360-degree
customer view gives marketing, sales and service a complete perspective on the customer.
•	 Enables creation, execution and tracking of campaigns in real time to maximize the value of leads
and opportunities
•	 Delivers email marketing—from creation to execution to measurement—in one system
•	 Enables sales and partners to manage opportunities across status, potential revenue, key contacts,
notes, related documents and more
•	 Provides real-time quote management by incorporating pricing, sales tax and discounting rules
automatically into the sales quote
•	 Supports sophisticated sales commission plans based on quotas, sales, quantity, profitability and
other criteria
•	 Case management automates processes associated with customer support case assignment,
management and escalation
•	 Mobile support, such as NetSuite for iPhone, provides salespeople with on-the-go access to
calendars, contacts, opportunities and KPIs such as achieved versus quota, actual versus sales
forecasts, commissions and more.
SuiteCloud Platform
NetSuite provides virtually limitless cloud customization to adapt to business change, including
sophisticated forms management, graphical workflow management, scripting, web services and more.
Businesses that run NetSuite can customize with confidence, as all customizations automatically migrate
with every new NetSuite release.
With SuiteFlow, power users can quickly create point-and-click rules-based workflows that automate
and streamline business processes unique to each subsidiary—whether they’re implementing an
automated collections process or creating rules-based lead nurturing for a specific region.
SuiteTalk and SuiteScript, components in the SuiteCloud platform, provide comprehensive web services
and procedural logic to support integration and custom business logic, enabling global businesses to
weave NetSuite into internal and external systems, and tailor it to support specific business processes. A
set of third-party solutions at the SuiteApp (www.suiteapp.com) partner directory offers you additional
flexibility to enrich and extend NetSuite.
Manufacturers moving to
NetSuite found they could increase
sales by up to 25% as a result of
improved ecommerce capabilities,
increased customer satisfaction
and salespeople who were more
productive and better informed.
NUCLEUS RESEARCH
CLOUDTECH
Office: +63.2.6331728; 4820995
Mobile: +63.917.8348277
Email: inquire@cloudtecherp.com
Website: www.cloudtecherp.com
Data Sheet
NetSuite for Manufacturers 8 | 8© NetSuite 2012 www.NetSuite.com
The SaaS Advantage: Cost of Ownership
With SaaS, the economics of managing a business change radically. Because NetSuite hosts the
software, it allows businesses like yours to use sophisticated software applications over the Internet,
giving you better access to more robust solutions with greater security, management, and economy
than most mid-market companies could ever purchase and manage in-house. In addition, NetSuite has
been developed and implemented with multiple layers of data redundancy for comprehensive security
and business continuity. You can be assured that your data is accurate, accessible and secure. According
to a leading analyst firm, the SaaS model can reduce total cost of ownership by 50% or more. In
addition to eliminating the initial start-up costs of purchasing traditional licensed software and the
servers to run it, SaaS solutions make it easier to plan and budget reliably, since your subscriptions are
based on your usage. In other words, you don’t pay for functionality you don’t want or don’t use.
Best Cloud Application 2010
AccountingToday
The 2011 Top New Products
Strategic Partner of IMA
Best Business Software Solution
Best Financial Management Solution
CLOUDTECH
Office: +63.2.6331728; 4820995
Mobile: +63.917.8348277
Email: inquire@cloudtecherp.com
Website: www.cloudtecherp.com

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NetSuite for Manufacturers

  • 1. Data Sheet R0312© NetSuite 2012. www.NetSuite.com NetSuite: The Integrated Application to Manage Your Business NetSuite is a complete solution for manufacturing organizations that require 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 requirements, NetSuite lets you manage your entire business with one integrated Software-as-a-Service (SaaS) suite, delivered on-demand over the Internet. It provides the essential visibility and control of key processes that manufacturers need to compete more effectively in the market. As a SaaS solution, NetSuite lowers your total cost of ownership (TCO) by eliminating costs for on-premise servers and license fees as well as expenses for site-to-site IT support. NetSuite’s open architecture enables easy system integration with your supply chain. And with anywhere, anytime access to critical data in the cloud, you gain mobile productivity for further cost savings and efficiency. NetSuite includes specific capabilities for demand planning, production planning, production engineering, shop floor control, manufacturing control, cost control, project control, lot and serial control, and multi-division / multi-site solutions. Manufacturing Needs NetSuite for Manufacturers Inventory control Real-time inventory management Production planning Demand planning Product Availability Available to promise Production control Work orders and assembly management Customer service CRM and real-time updates Comprehensive, real-time view Role-specific dashboards Shipping management UPS, FedEx, USPS integration Financials and budgeting Real-time financials—no batch processing Aftermarket support Case management and RMAs One Complete Solution to Run Your Manufacturing Business NetSuite helps you manage your entire manufacturing business with one integrated application. With NetSuite, you can: • Manufacture products and create assemblies to distribute or sell • Create inventory products from raw materials • Assemble work orders or assemblies before the sale of the item • Determine the cost for an item or assemblies • Establish multi-level bills of materials (BOMs) and work orders • Support lean manufacturing principles • Manage inventory levels to meet appropriate customer SLAs. NetSuite for Manufacturers • Complete manufacturing business process support spanning the full production cycle • Real-time visibility throughout your entire organization, from sales to operations to invoicing • Integrated business management with one end- to-end solution, eliminating integration hassles • Cost savings and fast ROI from reduced IT infrastructure and faster time to market • Customizability to meet your unique business needs or integrate with your existing applications and processes Key Benefits NetSuite Customers Include: CLOUDTECH Office: +63.2.6331728; 4820995 Mobile: +63.917.8348277 Email: inquire@cloudtecherp.com Website: www.cloudtecherp.com
  • 2. NetSuite for Manufacturers 2 | 8 © NetSuite 2012 Flexible and Extensible Solution NetSuite allows fast-growing and mid-sized 21st century manufacturing companies to select and deploy only the functionality required and expand their suite capabilities as their business and marketing conditions evolve. NetSuite is easily customized to your unique business needs, and customizations carry over seamlessly with each upgrade to the application. Powerful Functionality for Manufacturers NetSuite delivers the functionality that’s critical to running a manufacturing business, including: • Assembly Management: NetSuite’s assembly management capabilities enable you to more effectively manage component quantities and multi-level assemblies. Building on NetSuite’s core strength in inventory and warehouse management, NetSuite closely ties assemblies with work orders, allowing multi-level assemblies to be built one level at a time or all at once. • Work Orders: NetSuite’s work-order capabilities allow manufacturers to readily manage the manufacturing process for production work orders. This lets you replenish standing inventory levels of finished goods or special-order work orders built to exact specifications for a particular customer. NetSuite supports the creation of work orders from sales orders and continuously monitors stock level for automatic restocking and reordering, such as automated purchase order creation to support just-in-time reordering. • Production Engineering: NetSuite Production Engineering ensures that changes propagate effectively and intelligently, and that engineering changes are reflected in downstream deliverables, plans and inventories. Capabilities include item master maintenance, BOM maintenance, item and bill of material revision control, and engineering change control. • Bill of Materials (BOM): NetSuite’s multi-level BOM functionality enables you to cover 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 successfully build the finished goods, NetSuite tightly couples BOMs with both assemblies and work orders. Original design manufacturers (ODMs) can better manage their engagements with vendors or contract manufacturers. And original equipment manufacturers (OEMs) can better manage margins and product pricing strategies in the channel. Bill of Materials Inquiry allows at a glance view of availability down to the component level. Since implementing NetSuite Light Manufacturing, we’re able to track inventory with a click of a button, drill through the sub-assembly items easily and become more efficient in planning production, purchasing and approving sales orders. —Monobind • Complete on-demand SaaS solution for fast-growing and mid-market manufacturers • Role-based, customizable dashboards • Integrated CRM, marketing, inventory control, accounting and ecommerce • Self-service vendor, partner and customer centers • Built-in support for multi-site, multi-language, multi-currency manufacturing operations Key FEATURES CLOUDTECH Office: +63.2.6331728; 4820995 Mobile: +63.917.8348277 Email: inquire@cloudtecherp.com Website: www.cloudtecherp.com
  • 3. www.NetSuite.com Data Sheet NetSuite for Manufacturers 3 | 8 • Shop Floor Control: Leverage NetSuite’s 360-degree visibility to gain more control over work in progress (WIP) and manufacturing operations and management—with real-time status updates and seamless data capture to help track, manage and optimize cycle times. Manage the lifecycle of the work order and the routing that’s used as a basis for defining the steps or processes that are required in item assembly and manufacture. • Cost Allocation: NetSuite ensures that manufacturers can accurately allocate for the costs of a given product ensuring that they can maximize profitability. It not only maintains the single NetSuite element of cost but also provides the ability to track this single total cost unit with as many as eight sub-components of cost. These cost elements can be maintained using either a standard cost method or an average actual cost method. • Inventory Control: NetSuite’s Inventory Control supports a number of business processes relating to the maintenance of item inventories, inventory valuation and planning and setting of item policies such as lead time and MRP planning. Purchase requisition maintenance for direct material items is also supported in this capability as is a supply/demand review (an output of MRP) that dynamically integrates supply and demand with projected on-hand balances. • Demand Planning: NetSuite uses information from sales order management to drive top-level demands. Taking both sales order and forecasted demands, NetSuite delivers a robust yet cost-efficient demand planning solution to discrete manufacturers of all sizes. This single suite solution improves forecast accuracy and responsiveness to ever-changing customer demands to help ensure stock availability with just-in-time ordering. • Lot and Serial Control: NetSuite Lot and Serial Control supports NetSuite’s lot and serial traceability and provides for an item’s lot or serial number to be registered through purchasing receipts, inventory, shop floor control and sales order fulfillment functions. • 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, and use your existing inventory more cost-effectively by undoing builds and re-using their components. The warehouse maintains the complete details of an assembly, leading to more efficient tracking of component levels and improved inventory management. • Multi-Division and Multi-Site: Extend manufacturing efficiencies to multiple plants in different locations—even throughout the world. Support multiple companies, even if those have multiple divisions with multiple manufacturing sites. Support division-level and inter-site requirements planning with costs processes managed and tracked within divisions. Vary planning policies and inventory policies by division, allowing you to manage your manufacturing business as either a centralized or decentralized engineering and purchasing operation. • Project Control: NetSuite Project Control provides extended capabilities for inventory control tracking, planning and costing of items in a project-controlled environment. It enables purchasing of materials and manufacturing to a customer-specific contract. NetSuite Project Control enhances your cost accounting capabilities with deep analytics and tracking controls. This provides online project status information at any point during the lifecycle of a project, allowing you manage customer projects and driving better customer service levels. By replacing our old system with NetSuite, we’ve gained efficiencies equivalent to six full- time employees. Netsuite provides insight and control over our entire workflow, from parts procurement through assembly, shipping, delivery and customer follow-up. —Sonny Jelinek CEO, Jelinek Cork Group CLOUDTECH Office: +63.2.6331728; 4820995 Mobile: +63.917.8348277 Email: inquire@cloudtecherp.com Website: www.cloudtecherp.com
  • 4. NetSuite for Manufacturers 4 | 8 © NetSuite 2012 Sophisticated Procurement, Inventory and Fulfillment Management NetSuite saves manufacturers countless hours of work associated with data entry, organization and fulfillment. You can convert forecasts to orders, orders to shipments and shipments to revenue with unprecedented efficiency. NetSuite’s procurement, inventory and fulfillment management offers a complete set of capabilities that provide integrated supply chain management, while NetSuite’s purchasing and vendor management capabilities help you reduce spending on goods and services, streamline procure-to-pay processes and ensure compliance with corporate policies. • Allows employees to create and track purchase requisitions and orders through a self-service Employee Center that eliminates paper-based forms and associated errors • Enforces strong purchase order approval processes with automatic approval routing and digital approvals • Provides real-time, detailed visibility into key spend, inventory and supply chain management metrics • Multiple location inventory management enables easily managing which warehouse location will receive or fulfill an order • Provides comprehensive inventory costing methods including LIFO, FIFO, and average and standard costing • Integrated demand planning forecasts required inventory levels based on historical data, sales forecasts, average trends and seasonal fluctuations • Integrated Vendor Center provides vendors with self-service access to purchase orders, accounts payable data and other key information • Ease of integration enables drop-ship business models • Packaged shipping integration with carriers such as UPS, FedEx and USPS. Real-Time Dashboards, Reporting, Analytics and Planning NetSuite provides manufacturing businesses with the power of built-in real-time dashboards, reporting and analysis—integrated right into the ERP, CRM or ecommerce application that employees use every day. Business users gain personalized visibility into the latest business performance metrics, whether financial, sales, service or marketing performance. • Provides personalized, role-based, real-time dashboards and reporting across the company—from accounting and sales to ecommerce and support • Transparent drill-down from a summary level to greater detail, all the way to the underlying transaction, in just a few clicks • Complete self-service reporting enables easy ad hoc report creation, added fields, custom formulas and report sharing. From setting up inventory parts to assemblies down to SKUs, NetSuite allows us to efficiently manage our production. —Bossa Nova Robotics Manufacturers using NetSuite report average inventory carrying reductions of 20%. NUCLEUS RESEARCH CLOUDTECH Office: +63.2.6331728; 4820995 Mobile: +63.917.8348277 Email: inquire@cloudtecherp.com Website: www.cloudtecherp.com
  • 5. www.NetSuite.com Data Sheet NetSuite for Manufacturers 5 | 8 Integrated Financials/ERP Powerful Financial Management NetSuite financial management provides comprehensive accounting functionality that accelerates your financial close, provides strong invoicing and expense management, streamlines order and revenue management, and delivers complete real-time visibility and reporting to manage the financials of the business. And because it’s fully integrated, it provides significant efficiencies in manufacturing companies’ finance and operations departments. This proven solution delivers greater productivity through integration, real-time tracking and reports and auditing tools that reduce the overhead typically burdening manufacturers. • Provides more than 100 standard reports, including income statements, balance sheets, consolidated reports, variance reports and side-by-side comparisons—or easily create and define financial reports according to the needs of your business • Flexible general ledger, accounts receivable and accounts payable; supports an unlimited number of general ledger accounts, sub-accounts and segments • Automated allocations, currency management tools and period locking simplify the period-end close process • Always-on audit trail provides total background into every transaction, such as the author and time of each entry • Fixed asset management enables maintenance and control of the complete asset lifecycle across depreciating or non-depreciating assets, from creation to depreciation, revaluation and disposal • Accommodates different accounting and business practices across countries and supports local reporting and taxation requirements • Full multi-currency accounting support for offices in other countries, or when conducting business with foreign companies. CLOUDTECH Office: +63.2.6331728; 4820995 Mobile: +63.917.8348277 Email: inquire@cloudtecherp.com Website: www.cloudtecherp.com
  • 6. NetSuite for Manufacturers 6 | 8 © NetSuite 2012 End-to-End Order-to-Cash Management NetSuite fast-tracks your order-to-cash process—from quote to order to invoice—in a single integrated process that reduces manual effort, eliminates errors and accelerates order management. • Converts quotes into approved sales orders and routes them to the finance team for invoicing and revenue recognition • Integrates order fulfillment with inventory management and suppliers, improving efficiency at every step • Incorporates pricing and discounting rules automatically into the quote process • Automates revenue recognition by recognizing rules on how sales orders will be billed and fulfilled • Reduces fulfillment errors by electronically routing orders to suppliers for drop shipping • Provides real-time visibility into the entire order management process showing orders, trends and order-conversion • Automates invoice creation by calculating sales tax, finance charges and discounts based on payment terms • Provides flexibility to bill in advance or arrears, and prorate partial months • Eliminates data re-entry by easily accepting payments from a wide array of payment vehicles • Self-service capabilities enable customers to manage their own billing plans, payment options and information. Multinational and Multi-Company Management NetSuite OneWorld is an optional module that enables you to manage multinational and multi- company business in real time. It manages the financial consolidation required of separate companies or subsidiaries, as well as multiple entities performing marketing and customer support. It also enables the management of distributed sales teams and selling partners, and allows you to dynamically consolidate financial reports on the fly from multiple companies and gather business intelligence in real time. NetSuite OneWorld allows you to drill down to all levels of the underlying business—to the item level, the customer, record or to an individual transaction. Only with NetSuite OneWorld can you see consolidated information across all of your companies globally, as well as the specific data you need. Integrated Ecommerce Capabilities for Manufacturers Your website is most customers’ channel of choice for interacting with your company. NetSuite is the only application provider that offers website hosting and ecommerce as core components of the application. NetSuite’s ecommerce functionality helps you leverage the web to grow your business faster and more cost-effectively, and deliver an intuitive and streamlined experience to both customers and partners. NetSuite makes it possible to deliver an “Amazon.com-like” experience and to better manage and grow the entire business with a fully PCI-compliant and integrated ecommerce system. • Website hosting enables deployment of database-driven sites that are always in sync with the rest of the business • Accepts real-time payments from different credit cards and international currencies, and supports Google Checkout or PayPal checkout options We looked at Microsoft Dynamics and SAP, but NetSuite’s cloud ERP would allow us to reduce the amount of resources required, provide anywhere access and seamless upgrades. Additionally, we were able to move our quote-to-cash and procurement processes to NetSuite. —Rob Forand Director of Administration, Epec Engineered Technologies CLOUDTECH Office: +63.2.6331728; 4820995 Mobile: +63.917.8348277 Email: inquire@cloudtecherp.com Website: www.cloudtecherp.com
  • 7. www.NetSuite.com Data Sheet NetSuite for Manufacturers 7 | 8 • Supports creation of coupons or discounts on specific items, enables exempting other items from discounts, and automatically delivers upsell recommendations • Streamlines order management by transferring orders automatically to accounts receivables and warehouse departments • Ecommerce analytics provides search engine analysis, website analytics and reporting, online marketing analytics and more. Sales, Marketing and Service Automation NetSuite enables manufacturers to automate their entire marketing process across channels to better align campaigns and programs with sales efforts. Sales force automation drives your business performance with a totally seamless sales process from opportunity, upsell and quote management to sales forecasting, order management, fulfillment and even sales commissions. Call center management assigns, tracks and escalates cases for faster, more efficient customer service. NetSuite’s 360-degree customer view gives marketing, sales and service a complete perspective on the customer. • Enables creation, execution and tracking of campaigns in real time to maximize the value of leads and opportunities • Delivers email marketing—from creation to execution to measurement—in one system • Enables sales and partners to manage opportunities across status, potential revenue, key contacts, notes, related documents and more • Provides real-time quote management by incorporating pricing, sales tax and discounting rules automatically into the sales quote • Supports sophisticated sales commission plans based on quotas, sales, quantity, profitability and other criteria • Case management automates processes associated with customer support case assignment, management and escalation • Mobile support, such as NetSuite for iPhone, provides salespeople with on-the-go access to calendars, contacts, opportunities and KPIs such as achieved versus quota, actual versus sales forecasts, commissions and more. SuiteCloud Platform NetSuite provides virtually limitless cloud customization to adapt to business change, including sophisticated forms management, graphical workflow management, scripting, web services and more. Businesses that run NetSuite can customize with confidence, as all customizations automatically migrate with every new NetSuite release. With SuiteFlow, power users can quickly create point-and-click rules-based workflows that automate and streamline business processes unique to each subsidiary—whether they’re implementing an automated collections process or creating rules-based lead nurturing for a specific region. SuiteTalk and SuiteScript, components in the SuiteCloud platform, provide comprehensive web services and procedural logic to support integration and custom business logic, enabling global businesses to weave NetSuite into internal and external systems, and tailor it to support specific business processes. A set of third-party solutions at the SuiteApp (www.suiteapp.com) partner directory offers you additional flexibility to enrich and extend NetSuite. Manufacturers moving to NetSuite found they could increase sales by up to 25% as a result of improved ecommerce capabilities, increased customer satisfaction and salespeople who were more productive and better informed. NUCLEUS RESEARCH CLOUDTECH Office: +63.2.6331728; 4820995 Mobile: +63.917.8348277 Email: inquire@cloudtecherp.com Website: www.cloudtecherp.com
  • 8. Data Sheet NetSuite for Manufacturers 8 | 8© NetSuite 2012 www.NetSuite.com The SaaS Advantage: Cost of Ownership With SaaS, the economics of managing a business change radically. Because NetSuite hosts the software, it allows businesses like yours to use sophisticated software applications over the Internet, giving you better access to more robust solutions with greater security, management, and economy than most mid-market companies could ever purchase and manage in-house. In addition, NetSuite has been developed and implemented with multiple layers of data redundancy for comprehensive security and business continuity. You can be assured that your data is accurate, accessible and secure. According to a leading analyst firm, the SaaS model can reduce total cost of ownership by 50% or more. In addition to eliminating the initial start-up costs of purchasing traditional licensed software and the servers to run it, SaaS solutions make it easier to plan and budget reliably, since your subscriptions are based on your usage. In other words, you don’t pay for functionality you don’t want or don’t use. Best Cloud Application 2010 AccountingToday The 2011 Top New Products Strategic Partner of IMA Best Business Software Solution Best Financial Management Solution CLOUDTECH Office: +63.2.6331728; 4820995 Mobile: +63.917.8348277 Email: inquire@cloudtecherp.com Website: www.cloudtecherp.com