NetSuite offers specific functionalities for manufacturing and logistics, including:
- Real-time inventory management with FIFO, LIFO, and average methods, optimizing material turnover and storage costs.
- Production order (Work Orders) planning and control, tracking of products in process, and full traceability from raw materials to finished goods.
- Distribution centers and production lines coordinated from a centralized platform, reducing cycle times and preventing line stoppages.
- Financial and cost analysis for CFOs, integrating production, inventory, and MRP data for strategic decision-making.
- Key integrations with equipment maintenance, talent management, quality, and supply chain to maximize operational efficiency.
These functions allow manufacturing plants to operate with agility, reduce waste, control costs, and respond quickly to changes in demand.