NetSuite and Autodesk A Guide to Manufacturing Transformation
Netsuite for Manufacturing Companies
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Transcript of Netsuite for Manufacturing Companies
Managing a Manufacturing Business With NetSuite
Transforming Your Business With the Cloud
Who is NetSuite?
10,000+ Organizations
Top 10 highest growth Financial solution according to Gartner and IDC
Grew revenues 25% over past 2 years
NetSuite runs NetSuite
$164M in recurring revenue
Top 10 Cloud Companies to Watch
Fastest Growing Top 10 FMS Vendor
Founded 1998
Public, NYSE: “N”, since 2007
Second largest public SaaS company
Offices in 8 countries
$190M+ revenue, 1000 employees
Semi-off shored finance organization
#1 Cloud Business Suite
Recognition
Background High Growth
NetSuiteERP
The Evolution of a Manufacturing Business
MRP
Sales
Order ManagementAccounting
Warehousing
© NetSuite for Manufacturing 4
…Leading to Pain for Manufacturers
Business Complexity & Inefficiency
Incomplete Business View
Lack of Timely, Necessary Info
Cost of Business Out of Control
CEO
MFG CRM+
FINANCIALS / ERP
CFO
Sales Rep/Manager
Ecommerce Manager
Production Manager
ShippingManager
Customers
Vendors Partners
SINGLEDATA
SOURCE
The Suite Solves Issues Created by the Manufacturing Hairball
© NetSuite for Manufacturing 6
Streamlined, Dynamic Processes
Complete Business View
Anytime, Anywhere Access
Low Costs of Operations
NetSuite Enables the 21st Century Manufacturing Business
© NetSuite for Manufacturing 7
Manufacturing RequirementsDriving Profitable Growth of Your Business
Run the Business
Profitable Growth
Focus on the Customer
Manufacturing Excellence
Strategic Business Goals
Support for all business processes
Designed for mid-size and fast-growing Manufacturers
Integrated inventory, work orders, forecasting
360o view
VMI and fulfillment
Renewals and retentions Demand planning
Integrated MRP
Actual costing and backflush
Pricing and cash management
Integrating demand and inventory
Reduction of IT expenses
Real-time dashboards
Complete information
Industry’s best practices
Run the Business
Profitable Growth
Focus on the Customer
Manufacturing Excellence
Strategic Business Goals
© NetSuite for Manufacturing 8
Handle Your Complete Manufacturing
Complete Manufacturing Suite in the Cloud
Global multi-plant, multi-site management
Production engineering with ECC
Demand planning/forecasting
Materials requirements planning (MRP)
Costing
Subcontract
Project-based
Shop Floor
Scalable for large manufacturers
Over 3,000 customers who manage multiple locations
Over 100 customers who manage over 50,000 SKUs
20 customers have over 250,000 items in the system
© NetSuite for Manufacturing 9
Platform Drives Rich Vertical Solutions
MFG CRM+
FINANCIALS
SINGLEDATA
SOURCE
SINGLEDATA
SOURCEMRP
Payment Processing
Ecommerce
Self-Service SFA
Marketing Automation
OrderManagement
Commissions
Inventory
Warehousing
Fulfillment
Costing
10
NetSuite Delivers Tangible Benefits for Manufacturers
Improvement area Business Result
Improved Inventory Customers using NetSuite reported inventorycarrying reductions of an average of 20 percent.
Improved Purchasing Productivity
Manufacturers using NetSuite were able to improve the productivity of purchasers by an average of 35 percent.
Reduced IT Costs NetSuite often displaced at least two on-premiseapplications and their related support costs.
Improved Sales Manufacturers on NetSuite reported sales increases of up to 25 percent as a result of improved e-commerce capabilities, increased customer satisfaction, and more productive, informed salespeople.
Improved Margins Visibility into pricing, availability, and demand, and the ability to quickly make price adjustments by product or class, enabled customers to actively manage margins, both in purchase negotiations and sales
© NetSuite for Manufacturing Source: Nucleus Research
© NetSuite for Manufacturing 11
NetSuite’s Manufacturing SuccessPowering Hundreds of Manufacturing Customers
Within the first year after deploying NetSuite to
manage our multi-national manufacturing business, we were able to reduce
excess inventory by over $1 million.
‘‘ ‘‘David Duff
Chief Financial OfficerXtellus
© NetSuite for Manufacturing 13
Learn More About NetSuitehttp://www.abvt.com.au/