Fast growing modern businesses depend on smart business software to gain operational efficiency,
enhance productivity and achieve profitability. These systems such as NetSuite ERP manage end to end
business information, integrate various disparate systems, locations, streamline workflows, provide insight to achieve efficiency.
A Supply Chain consists of many players such as customers, manufacturers, suppliers, distributors,
retailers and logistics providers. Supply Chain Management (SCM) in NetSuite ERP involves planning, execution,
collaboration, control, and monitoring of movement of goods and information across this ecosystem. NetSuite ERP
manages physical aspects of supply while effectively managing demand to satisfy customer needs. NetSuite is a
feature rich ERP software that adds value to the entire chain starting from procurement to end-customer product
delivery as well as after-market services. As a modern cloud ERP solution NetSuite coordinates and integrates all the
main business flows across all your locations even globally, for seamless flow of material/products, information and finances.
Companies need to continuously make improvements in supply chain performance for overall organizational growth. The key
to maximize the operational efficiency is by minimizing space wastage and obsolete inventory, reducing warehousing
and shipping costs. As per a recent analysis, companies spend significant amount of their IT budgets on ERP solution
as it is an integral part of managing supply chain risk, thus making the entire supply chain more resilient. Furthermore,
a synergy between ERP and supply chain provides business owners better control on supply chain costs leading to
significant ROI on your investments and improved profitability. Ultimately, a robust ERP such as NetSuite provides a holistic view by putting
all the key business metrics at your fingertips, that can be accessed from anywhere...anytime!