What is ERP Oracle NetSuite?

ERP Oracle NetSuite is a comprehensive enterprise management solution built on a cloud-based platform (True Cloud ERP), used by over 38,000 businesses across 219 countries.

Oracle NetSuite integrates all management functionalities into a single, all-in-one system, helping businesses of various industries and sizes more effectively manage and automate core processes and operations such as financial and accounting management, sales management, inventory management, production, and supply chain.

Oracle NetSuite also enables the management of multiple companies and branches within the same country, or across different countries, facilitating rapid and timely data consolidation and overall enterprise management, leading to accurate operational decisions.

The Oracle NetSuite system allows for the establishment of various dynamic processes, suitable for businesses with diverse operations (e.g., within one enterprise, there might be retail, distribution, and manufacturing activities, and the purchasing process would be configured to suit these specific business lines).

NetSuite provides real-time, visually intuitive reports on operational and financial performance, offering tight control over production and business activities. This helps businesses boost performance and save costs.

Benefits of Oracle NetSuite ERP solution

Reliable data center

Fast deployment

Optimized costs based on usage needs

In-depth reporting capabilities with drill-down and real-time data

Flexible and responsive to enterprise management needs

Collaboration

Proactive selection of suitable investment scope to achieve quick wins

Experiential solution

Features of Oracle NetSuite ERP solution

Integrated platform

Oracle NetSuite system allows for integration with other specialized systems: master data, transaction data.

Forecast & Demand Planning

+ Forecast : Linear regression, moving average, seasonal average, sales forecast.

+ Demand planning: Reorder points, timed-phased planning, material requirements planning.

Quality management

Establish quality metrics and inspection criteria by group and SKU, for both incoming and in-process quality.

Production management

Manage production using Make-to-Stock (MTS) and Make-to-Order (MTO) models. Integrate with detailed Manufacturing Execution Systems (MES).

Advanced warehouse management (Warehouse & Barcode System)

Optimize warehouse operations by applying QR code solutions and Mobility Apps for goods storage (inbound and outbound), picking, packing, real-time inventory updates, and integration with transportation systems.

Inventory management

NetSuite provides a solution for managing inventory across multiple locations (factories, distribution centers, transit warehouses, central warehouses). It optimizes inventory management and ensures continuous production, sufficient goods delivery to customers, identification of reorder points, timely supply of goods, and optimization of safety stock.

Purchase management

Centralized purchase management: The purchasing process for goods is established by purchase group and approval levels. The system generates real-time notifications for time and status at each step in the process, ensuring clear communication control throughout the entire cycle from purchasing and inspection to payment. This guarantees fast, timely order management, saving both time and cost.

Sales management

Optimize order processing by eliminating manual bottlenecks, reducing errors, and establishing a seamless workflow from quotation to order fulfillment.

Easy and flexible report setup

The system allows users at all levels (from End User to Business Analytics) to easily set up reports for operational and management data retrieval, enabling timely improvements at all levels.

Accounting (Core Finance)

Manages accounting processes and operations (AR, AP, GL, CM), Purchasing, and Inventory.

Why choose ERP Oracle NetSuite for your business

In-depth reporting capabilities with drill-down and real-time data

Visually intuitive reports provide data from the overall level down to the most detailed figures on financial metrics, sales accounting, inventory, and more.