NetSuite, a provider of cloud computing business management software suites, announced the release of the NetSuite Manufacturing Edition, a manufacturing suite designed to enhance agility and visibility of small and medium-size businesses. Companies using this suite will be able to improve their global business operations which are multi-company, multi-plant, multi-location and multi-currency in nature. NetSuite’s main functionality includes multi-site planning and management, material requirements planning or MRP, production management, engineering change control or ECC, shop floor control and work-in-progress or WIP management.
 
According to company officials NetSuite provides cloud business management solutions which assist vertical industries like wholesale distribution and light manufacturing. The NetSuite Manufacturing Edition leverages its capabilities and helps companies cater to the needs of global manufacturers.
 
NetSuite Manufacturing Edition’s features support manufacturing operations thereby reducing cost and increasing productivity gains. Manufacturers will be able to upgrade their on-premise manufacturing systems to more efficient systems.
 
“While some vendors make promises about cloud-based products that don’t live up to their hype, and others build niche tools for manufacturers, only NetSuite delivers a complete manufacturing suite from the cloud that is available and running today,” said Jim McGeever, CFO of NetSuite.
 
McGeever added, “With NetSuite, manufacturers now have the suite they need to move their key operations to the cloud and reap the many productivity and cost reduction benefits cloud computing has to offer.”
 
Manufacturers will benefit a lot from NetSuite Manufacturing Edition according to company sources and reduce cost pressures, competition and expand globally besides being able to cater to customer demands.
 
The optimized features of the new solution includes seamless management of global businesses, by supporting multi-company, multi-plant, multi-location and multi-currency enterprise formats. It provides instant real-time visibility into all operational methodologies. It also features a fully integrated cloud computing enterprise management system for establishing new locations.
 
It eliminates the need to build expensive server farms or virtual private networks in every new territory thereby reducing the costs connected with conventional IT for on-premise software, said company officials.
 
To enable manufacturers to run their businesses optimally NetSuite Manufacturing Edition also provides a flexible, customizable business platform which can easily adapt to complex manufacturing processes ranging from light assembly to discrete manufacturing. This allows for rapid retooling as enterprise demands grow and evolve.

By Shamila Janakiraman.