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Netsuite turn off inventory status4/11/2024 Increased tracking and visibility into the production process through the linkage of work orders, assembly builds and the item receipt process.The increased functionality and features introduced in the Outsourced Manufacturing release aim to add value to companies within various industries and verticals to leverage NetSuite for their manufacturing needs. Manufacturing charges and any raw materials that go into the manufacturing process can be grouped, and version control of bills of materials (BOMs) helps to streamline the process flow in the system. Biotechnology companies tend to outsource the production of medical devices or medications, as well as the sterilization processes.Īdditionally, businesses that are looking to further automate manufacturing processes, cut down on overhead and increase the efficiency of end-users will benefit from Outsourced Manufacturing in NetSuite. Within consumer products, consumer packaged goods (CPGs) and food and beverage companies typically outsource the packing of their products and often the production of the goods themselves. Industries that outsource at least a portion of their manufacturing process range from the consumer products sector to the life sciences industry. This article outlines setup and configuration, enhancements to manufacturing processes in NetSuite and some of the most beneficial functionality. NetSuite 2020.1 release introduced Outsourced Manufacturing, a solution for companies that use a third-party contract manufacturing organization (CMO) within their manufacturing process.
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