NetSuite allows distributors with low production needs to manufacture products and create teams for distribution or sales. It also allows creating warehouse products from raw materials, assembling warehouse sets or assemblies before selling a good. The sysstem enables determining the cost of a good or a batch. It also allows for compiling a list of materials needed to produce a good.
NetSuite handles complex needs thanks to inventory in many locations, production order management. Also thanks to sets and many units of measurement, batch tracking, inventory and specific costs, matrix positions and bar codes.
Manufacture order management
NetSuite provides manufacture order management. Orders track the number of assemblies and components needed to process an order. This allows you to track the assembly components needed for storage or order fulfillment. Production orders are generated when the ordered quantity reaches the assigned point, and a bill of materials (BOM) is generated to facilitate the picking of components. After completing this order, the level of inventory increases, and finished goods open sales orders. When goods are sold and not in stock, the production order is automatically added to the queue.
Sets and assemblies
NetSuite stores the complete history of each set and assembly throughout the product life cycle, providing employees with critical inventory information at their fingertips. The kit can be shown as one end product or end product with all its components individually listed and serialized. You can use a variety of materials, including equipment, inventory, and service items to assemble the final product, and use your existing inventory more cost-effectively by undoing builds and reusing their components. The magazine maintains full assembly details, which leads to more efficient tracking.
Bill of materials - BOM
The multi-level BOM functionality in NetSuite allows you to cover the components required for a single assembly and all components required in a given item order. Assembly instructions can also be attached to BOMs. Because each build process requires a bill of materials that determines what components are required to successfully build finished goods, NetSuite closely links bill of materials with assemblies and production orders. NetSuite solutions help manage contacts with sellers or contract manufacturers.
Replenishment of stocks based on demand
NetSuite allows wholesale distributors to dynamically set reorder points and preferred inventory levels for assembly components as well as finished items. Orders can be based on a variety of factors, including average lead time, historical or seasonal demand, and the number of days from delivery to inventory. Production orders drive demand for components when they are completed, thereby automating the replenishment of source materials and components. This means that you will always have a supply on hand, but it will be ordered on time.
Tracking product history
NetSuite provides employees with inventory information, keeping a complete history of each product set and assemblies throughout the life cycle. When you sell a finished product, you can show it as a single end product or a final assembly with all its components. In addition, you can use a variety of materials, supplies and service items to assemble the final product, as well as use existing inventory in a more cost-effective way, undoing builds and reusing their components. The warehouse maintains full assembly details, which leads to more efficient tracking of component levels and better inventory management.
