High-tech manufacturers have very specialized technology requirements. Most of these companies are providing both physical products and Software-as-a-Service (SaaS) solutions to business-to-business (B2B) markets. This business guide explores the continued growth of the high-tech manufacturing industry, discusses the inner workings of these organizations and explains how a cloud ERP solution supported by an experienced implementation partner can help manufacturers overcome their own technology hurdles and continue innovating.
Manufacturers know there isn't a singular solution for their industry's talent shortage, which has been brewing for decades and only worsened over the past couple of years. But there are multiple tactics – both immediate and long-term – you can employ to mitigate this shortage and safeguard business resilience.
Cloud ERP, combined with an integrated quote and pricing application, gives engineer to order (ETO) and configure to order (CTO) manufacturers the tools they need to be able to run efficient, profitable operations.
Learn how capital equipment manufacturers and distributors can operate more efficiently, make better use of their data and gear up for growth with NetSuite and implementation partner, iCloudAuthority.
Combining more than 20 years of experience in medical device manufacturing with NetSuite implementation expertise, Viking Resources helps companies eliminate manual processes, save time and improve operational efficiencies.
As solar companies are navigating rising raw material prices and persisting supply chain interruptions, many lack the real-time visibility into financials that they need. POWERHOME SOLAR helps its customers achieve energy independence by selling renewable energy at prices below standard utility rates.
By integrating NetSuite with applications developed specifically for high-growth industrial manufacturers, companies can replace their inefficient, disparate systems with a solution that manages processes from the shop floor to the time the job is completed and paid for.
Manufacturing leaders are confident they can meet climbing demand over the next 12 months, according to our latest survey from NetSuite Brainyard. They also crave technology, prioritizing spend in that category over all others and expressing concern over a lack of digital technology tools. Get a clearer picture of your peers’ outlooks in this roundup of our survey results.
This business guide explores the highs and lows of operating in high-growth, tech-based markets, and explains how combining a unified cloud ERP solution with Inspirage's leading industry applications can help organizations work smarter, better and faster.
Manufacturers need software that meets all of their business priorities, not just for accounting. Despite this apparent need, finding a business application that is both comprehensive and cost effective can be remarkably difficult. This brochure outlines why NetSuite is the clear choice over QuickBooks as businesses scale.
Process manufacturers need software that can handle formulation tracking, product tracing, product costing, regulatory compliance, logistics and complete financial management. Find out how Blend ERP by Starling Solutions, a NetSuite Partner, helps process manufacturers save time, minimize risk, reduce waste and improve quality and compliance.
NetSuite has a rich history of working with companies within the manufacturing industry. NetSuite has taken this industry expertise and bundled it into a manufacturing solution that solves unique industry challenges.
As a company sells beyond ecommerce and adds sales channels, the next natural step to solve this problem is to find a solution that manages inventory outside of QuickBooks. Organizations often wind up with multiple systems that don't communicate well with one another, creating a lot of work to keep the system flowing. Download this business guide to hear how many are switching to a unified inventory and financials platform like NetSuite instead.
While many see a new cloud-based solution in their future, often day-to-day pressures and distractions cause purchase plans to be delayed. Many small manufacturers are still “making do” with something less than a full ERP solution, and even more mid-size to large enterprises are being crippled by old solutions based on outdated technology. Today, as the pace of change and disruption accelerates, those old ERP systems create barriers to achieving any kind of competitive advantage, or worse, put you at a competitive disadvantage.
Collecting good, timely data with careful analysis to guide proper business decisions is critical to thriving in business today. With that in mind, we’ve collected a set of key performance indicators (KPIs) that every product company should be monitoring consistently.
Building materials manufacturers from around the world are vying for market share. To remain competitive, they must actively embrace new technology and seek out expertise to connect equipment, improve data analysis and upgrade their IT footprint.
Today, consumer packaged goods manufacturers are pursuing new revenue streams, distribution networks and methods of getting their products into their buyers’ hands, and need technology that can keep up.
Genetic testing and research companies are on the cutting edge of innovation and need an agile tech environment to match. For genetic testing and research companies, scaling their business requires adapting to capture new opportunities. Outdated technology and mismanaged processes are major inhibitors in pivoting the business.
Home goods manufacturers need business data at their fingertips to make educated business decisions on product lines, revenue channels and supply networks to be successful. Today, home goods manufacturers pursuing new revenue streams through exploring new business models and channels, and need technology that can keep up.
Plastics and rubber manufacturers need an agile tech environment to capitalize on new business models. Today, organizations are pursuing new revenue streams, distribution networks and methods of getting their products into their buyers’ hands, and need technology that can keep up.
Renewable energy companies seeking to capitalize on new global opportunities need to unify their product development, supply chains, manufacturing processes and distribution networks or risk failure in today’s increasingly competitive markets.
As the world becomes more and more connected, upgrading your IT environment is no longer a means to get ahead—it’s a requirement to keep pace. Semiconductor companies seeking to capitalize on new global opportunities need to unify their product development, supply chains, manufacturing processes and distribution networks or risk failure in today’s increasingly competitive markets.
NetSuite and ThomasNet, an online platform for industrial manufacturers, surveyed manufacturing leaders to see how they adapted to the unusual 2020 business landscape. While 87% of respondents have had key markets disrupted by COVID-19, 58% have a positive outlook for 2021. Download the full report to dig into more key findings from the survey.
Are you ready to turbo-charge your business? Tired of struggling with aging business systems, fragmented reporting and never-ending IT costs? Switching from QuickBooks to NetSuite's cloud solution enables companies to lower costs, streamline key business processes, boost productivity and be more competitive. Manage your business end-to-end with one integrated business suite for all your core processes. No more juggling of separate software applications and wasting time and resources maintaining and upgrading a hairball of on-premises software applications.
In Forrester’s 27-criterion evaluation of digital operations platforms (doPs) for manufacturing businesses, they identified the 13 most significant ones—Dassault Systèmes, Epicor, IFS, Infor, Microsoft, Oracle, Oracle NetSuite, Plex Systems, QAD, Ramco, Rootstock, Sage, and SAP—and researched, analyzed, and scored the solutions. This report shows how each provider measures up and helps application development and delivery (AD&D) professionals select the right one for their needs.
Managing inventory well is the key to success for manufacturing and distribution companies: driving sales, profitability, cash flow and customer loyalty. Download this report to see how putting the right inventory management systems and processes in place is essential for a company to survive in times of disruption and thrive in normal times.
NetSuite and ThomasNet, an online platform for industrial manufacturers, surveyed manufacturing leaders on their goals, priorities and plans for 2020. Although the coronavirus has impacted manufacturers globally, many remain optimistic, with only 31% of executives fearing the virus’ impact on the economy and their businesses. Download the full report to dig into more key findings from the survey.
Electronics companies seeking to capitalize on new global opportunities need to unify their product development, supply chains, manufacturing processes and distribution networks or risk failure in today’s increasingly competitive markets. To stay in the race, electronics manufacturers must become active players in the technology ecosystem, seeking expertise to upgrade their IT footprint.
Today, medical device manufacturers are pursuing new revenue streams, distribution networks and billing methodologies. They need business data at their fingertips to make educated business decisions on product lines and revenue channels and they need technology that can keep up.
The growing appeal of direct-to-consumer (D2C), when a company markets and sells products straight to the end user without the help of a distributor or third-party retailer, is shaking up the strategies of manufacturers, distributors and retailers. This business guide covers the history behind the D2C movement, how to support direct to consumer in your own business and why finding the right technology to support D2C is critical to success.
Modern industrial supply manufacturers seeking to capitalize on new global opportunities need to unify their product development, supply chains, manufacturing processes and distribution networks. They need an agile tech environment in order to capitalize on new business models, keep pace and innovate.
In the competitive outdoor industry, the keys to business success are constant innovation and accurate insight into customer behavior and market trends. In order to better compete, these companies need a reliable, integrated and easy-to-use ERP system.
Modern life sciences companies seeking to capitalize on new global opportunities need to unify their product development, supply chains, manufacturing processes and distribution networks. They need an agile tech environment in order to capitalize on new business models, keep pace and innovate.
Many manufacturing companies may not recognize the signs that their current ERP systems are limiting the business. Manual processes, lack of real-time data, errors and poor visibility all hinder the ability to make important business decisions. Here are five triggers that serve as red flags that your current systems are holding your business back.
There are an increasing number of manufacturing companies who have migrated from QuickBooks to cloud financials. This has numerous quantifiable benefits including: inventory visibility and production planning, reduced financial close time and manual data entry, lower audit costs, the list goes on. See why more and more manufacturers are switching from QuickBooks to NetSuite.
The system landscape of many manufacturing companies, either in startup or complacency mode, includes QuickBooks as a financial management system and Fishbowl as an "add-on" inventory management system. However, both systems have their limitations, which ultimately impact manufacturers’ ability to innovate, scale and grow. Read this business guide to understand the limitations of QuickBooks and Fishbowl, and the value of managing your financials and inventory on one integrated business management system like NetSuite.
Here are the top profit-building strategies that all growing manufacturers are using to improve business processes, gain market share and grow their bottom lines.
Many manufacturers and distributors are on legacy systems that are too disconnected and slow to address new opportunities, and in many cases these legacy systems actually hold them back. Frustrated with Epicor’s limitations, Pro-Flex decided to explore alternatives. Download this business guide to see why Pro-Flex selected NetSuite, made the switch and has been happily using NetSuite ever since.
In today’s competitive global marketplace, the ability to adapt to change is critical for all startups, regardless of the industries they occupy. An integrated, cloud-based financial management solution is one of the most valuable things a startup can invest in.
Businesses are busy growing right now, and they’re more optimistic than they’ve been in the past 35 years. If your company isn’t already doing so, now is the time to take advantage of this robust economy and grow your profits. Here are the top profit-building strategies that all growing businesses are using to improve business processes, gain market share and grow their bottom lines.
There are many financing options for entrepreneurs looking to build their big ideas, but one of the most sought after is venture capital (VC) funding. Download this ebook to find out if VC is the right financing channel for your company and how to prepare for the funding process.
Are traditional on-premise or cloud systems really more cost effective in the long run? Companies that move to cloud save on average 20% more on IT spending, allowing them to spend more on new initiatives, and increase speed, scalability and agility. Download this business guide to understand the strategic benefits of SaaS and why cloud is becoming the center of IT strategy for most organizations.
Today, cloud computing is at the forefront of the shift to digital business and is enabling manufacturing companies to adapt to these changing business models, both strategically and operationally. Access this business guide to see how NetSuite’s true cloud solution helps meet your organization’s objectives today, adapt to the industry disruptions of tomorrow and realize savings of more than 20-50% in total cost of ownership alone.
When the time comes for a decision-maker to buy new software, the most common question is “How much does it cost?” The answer is not as simple as you might think when it comes to ecommerce technology. When considering total cost of ownership and the benefits of a central source of truth for customer, order, inventory and item data, an all-in-one solution really is more bang for your buck.
Since going live with NetSuite for financials, inventory and order management, order volume has climbed from 400 to 1,100–1,300 shipments per month for Precision Medical. Before moving to NetSuite ERP and ecommerce, the company needed three full-time employees to process those 400 orders. Today, that requires half as much manpower. Download this business guide to see how automation fueled by NetSuite is responsible for that level of efficiency.
Delivering on customer satisfaction and driving customer loyalty is crucial in both business-to-business (B2B) and business-to-consumer (B2C) companies. Learn why successful manufacturers are discovering that Enterprise Resource Planning (ERP) systems help drive positive customer interactions, create a competitive advantage and build more loyalty over time.
Manufacturers and distributors are going through a significant transition, moving away from solely selling physical products to operating with more diverse business models that also include value-added services. With this, companies take on more responsibility in exchange for becoming more ingrained in their customers' lives. Download this report to understand the benefits of evolving and differentiating your business strategy, as well as the implications this has on your operations and technology.
For any manufacturer operating in today’s fast-paced, ecommerce-oriented selling environment, inventory management is one area where “scale” truly counts. Whether growth means expanding into new geographies, moving to sell online or adding product lines, manufacturer growth goals are easier and less costly with the right technology. Access this business guide to understand how a flexible, scalable, cloud-based inventory management solution helps manufacturers minimize manual work, reduce costs and streamline their operations.
As the cloud computing movement continues to gain momentum, the benefits it delivers to manufacturers and wholesale distributors include a wide array of “wins” that are getting harder to ignore.
However, cloud confusion still exists. As manufacturers and distributors evaluate or use cloud ERP systems, it is important to understand the different cloud offerings in the marketplace and how to evaluate a true cloud solution.
As the global economy continues to grow and technology continues to advance, growing manufacturers are finding themselves more equipped and better positioned than ever to prosper. But emerging manufacturing organizations need to act big to play in the big leagues. To achieve growth goals and truly compete, they need to equip themselves for long-term success with back-end technology for every step of the journey.
Download this solution brief to discover NetSuite's value from emerging and fast growing manufacturers.
While the core responsibilities of the CFO remain the same, today C-Suite executives are driving more business value with agile, results-based decision-making fueled by greater access to data. Download this report to see how the vast majority of financial leaders have achieved more oversight and influence over decision-making processes through utilizing cloud ERP technology.
When used as part of an overall warehousing approach, WMS helps manufacturers create more efficient operations, save money and better utilize their valuable labor resources. Download this business guide to see how manufacturing companies that incorporate WMS into their overall fulfillment strategies are reducing operating expenses, improving inventory visibility, achieving better labor management and increasing customer service levels, among other benefits.
The importance of ecommerce continues to grow for B2B organizations, and at the crux of a successful ecommerce strategy is a system that supports excellent customer experiences and seamless data management. Read on to discover where your B2B peers are currently satisfied, and where they are demanding change and looking to adopt new technologies in pursuit of a leading ecommerce strategy.
How a microwave and RF manufacturing company is taking control of its back-office operations.
Many manufacturers and wholesale distributors are working to determine where IoT fits into their business strategies. Download this report to discover five major areas that manufacturers and distributors are implementing IoT plus how to decide the best place to start investing in IoT.
There is perhaps no better advocate for how cloud-based ERP systems can support and help organizations to continue their growth than those who have been through it themselves. In this paper, we consolidated feedback from senior IT executives on why they switched from various Epicor systems to NetSuite’s true, cloud-based ERP, highlighting the pitfalls of fake cloud and on-premise deployments and how these challenges impacted their business.
Every year, supply chain processes become increasingly automated, efficient and cost effective. These process improvements are largely based on technology and software innovation whose benefit spans from the factory floor to the back office.
In this paper, we examine the emerging trends and best practices in supply chain automation, as well as explore how technology advancements—especially ERP software improvements—are helping manufacturers and distributors become more productive. We also outline the top factors to consider in an ERP decision to best automate your supply chain.
Manufacturers and wholesale distributors have been profoundly impacted by "The Amazon Effect," referring to Amazon's influence on raising customer expectations for frictionless commerce, low cost or free delivery, vast product selection and a personalized shopping experience. To stay competitive, product companies must differentiate and optimize. Read this report to understand ways to stay competitive in the Age of Amazon.
A recent report from Gartner indicated that “89 percent of marketers compete primarily on the basis of customer experience—discrete moments that, together, strengthen or weaken a customer’s preference, loyalty and advocacy” (Gartner, 2016). For companies without a centralized means to access, and act on, supply chain data, this statistic can seem overwhelming. It’s important to recognize that neither the data train nor customer expectations are slowing down—the way to meet these challenges is to unify business intelligence across the entire supply chain. Download Report to see how.