NetSuite for Manufacturers — 2020 Product Update, Tips, and Tricks
Outsourced Manufacturing Feature Synchronizes Procurement and Production in NetSuite for Manufacturers NetSuite for manufacturers 2020 Release 1...
2 min read
Annette Manias Jul 6, 2021 11:11:00 AM
NetSuite for manufacturing enhancements builds on improvements in both visibility and control over production activities. The following enhancements are great for manufacturers who utilize outsourced manufacturers with the introduction of expanded outsourcing. Additional enhancements include quality management and a new mobile interface.
We’ve highlighted some NetSuite enhancements aimed at helping manufacturing businesses manage their outsourced work orders, purchase orders, bills of material, and the ability to adjust processes that are unique to your business.
The new Outsourced Manufacturing released in NetSuite's 2020 R1 is significant for manufacturers. It synchronizes procurement with production transactions. Your NetSuite users can easily purchase outsourced assembly production from vendors. The system automatically consumes production components and will transfer them to your specified location. Your users can then create a Bill of Materials to capture the final assembly costs, including any outsourced production fees.
Outsourced Manufacturing also includes these functions:
The Outsourced Manufacturing feature also enables user to create a Standard Outsourced Purchase Order custom form for any outsourced assemblies and include the specific attributes for the outsourced production, including:
The outsourcing form also displays the new Create WO column. When you check the Create WO box on an order line and then save the order, the system automatically creates a work order for this line and purchase order. Other enhancements include:
Generally, you can enter outsourcing-related information in the work order Outsourcing subtab if you use supply planning and create outsourced items from work orders. The outsourced work order displays a Create PO link to create related purchase order similar to the Create WO box on outsourced purchase orders. If the purchase order is not created automatically, NetSuite will create outsourced purchase orders for Firmed Work Orders for vendors and subsidiaries.
If you decided to implement NetSuite, then you’re already off to a great start! It’s flexible, customizable and robust enough to help your business be more productive for the long-term. Our ERP consultants are available to help you avoid costly mistakes before your next ERP implementation.
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