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Managing a Manufacturing Business With NetSuite Transforming Your Business With the Cloud

Netsuite for Manufacturing Companies

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Page 1: Netsuite for Manufacturing Companies

Managing a Manufacturing Business With NetSuite

Transforming Your Business With the Cloud

Page 2: Netsuite for Manufacturing Companies

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

Page 3: Netsuite for Manufacturing Companies

The Evolution of a Manufacturing Business

MRP

Sales

Order ManagementAccounting

Warehousing

Page 4: Netsuite for Manufacturing Companies

© 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

Page 5: Netsuite for Manufacturing Companies

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

Page 6: Netsuite for Manufacturing Companies

© NetSuite for Manufacturing 6

Streamlined, Dynamic Processes

Complete Business View

Anytime, Anywhere Access

Low Costs of Operations

NetSuite Enables the 21st Century Manufacturing Business

Page 7: Netsuite for Manufacturing Companies

© 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

Page 8: Netsuite for Manufacturing Companies

© 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

Page 9: Netsuite for Manufacturing Companies

© 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

Page 10: Netsuite for Manufacturing Companies

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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

Page 11: Netsuite for Manufacturing Companies

© NetSuite for Manufacturing 11

NetSuite’s Manufacturing SuccessPowering Hundreds of Manufacturing Customers

Page 12: Netsuite for Manufacturing Companies

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

Page 13: Netsuite for Manufacturing Companies

© NetSuite for Manufacturing 13

Learn More About NetSuitehttp://www.abvt.com.au/