NetSuite Supports the the important functionality that’s key to running a manufacturing business, including:
1. Assembly Management
NetSuite’s assembly management capabilities enables 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.
2. 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.
3. Manufacturing Requirements Planning
The NetSuite MRP engine uses industry-proven algorithms and will proceed level-by level through the BOM starting with the top level, reviewing the demands and safety stock requirements and netting out the inventory and firmed (or greater) supplies. The review process also covers first suggested reschedules for firmed (or greater) supplies and then creates planned supplies as appropriate.
4. 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.
5. Manufacturing Cost Control
NetSuite Manufacturing Cost Control complements and expands NetSuite item cost capabilities in many ways. 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.