NetSuite ERP TEC Certified in Discrete Manufacturing ERP

  • Written By: Ted Rohm
  • Published On: November 1 2013



netsuite-logo.pngTEC is pleased to announce that NetSuite ERP is now TEC Certified for discrete manufacturing enterprise resource planning (ERP) under TEC’s ERP Evaluation Center. To obtain TEC certification, NetSuite completed TEC’s detailed research questionnaire and went through a formal, live demonstration of NetSuite ERP with TEC analysts.

NetSuite was founded in 1998 by Larry Ellison and Evan Goldberg and is publicly traded on the New York Stock Exchange (NYSE) under ticker symbol “N”. In 2000, it was the first cloud business suite available on the market. NetSuite was the first globally capable cloud ERP suite when it launched NetSuite OneWorld in 2009. By 2012, NetSuite had become the world’s largest-deployed cloud ERP system, and is currently being used by more than 16,000 organizations in approximately 100 countries worldwide.

NetSuite targets key vertical markets, including manufacturing, and in each one of these markets NetSuite is ranked the #1 cloud ERP solution. NetSuite is able to lead in each of these key vertical markets because every part of the organization is broken down to effectively serve the respective target markets. NetSuite has product research and development, support, services, sales, and marketing aligned to support these verticals.

NetSuite ERP for manufacturing is a complete solution that is built to serve all the business needs of a manufacturing company. This complete business view not only supports all manufacturing operational needs such as global multi-plant, multi-site management, production engineering with electronic change control (ECC), demand planning & forecasting, materials production planning, costing, subcontract, shop floor, and project-based manufacturing ,but also handles all of an organization’s marketing, sales, and financials needs.

NetSuite’s vision is to “Empower discrete manufacturers with innovative solutions that allow them to delight their customers and effectively manage their businesses with operational control and automation, supply chain interaction and intelligent decision making.” NetSuite not only is a visionary and pioneer in the cloud, but also backs up its value proposition with hard statistics and customer commitments which include the following:

  • 99.5% uptime service-level commitment (SLC)

  • 99.97% average uptime

  • 6 billion+ customer requests per month

  • 2.2 million+ unique logins per quarter

  • SSAE 16 Type II & ISAE 3402 Audit Completed, PCI DSS, Safe Harbor

  • 2 automated upgrades per year for every customer (via patented rollout process)

  • Ability to customize without getting into software version lock


NetSuite is also the only ERP cloud vendor that makes its uptime statistics available to the world, 24/7 at this link.

NetSuite ERP supports manufacturers with a focus on five key areas as shown in the diagram below:

netsuite-manufacturing-reqs-440-pix.png

One critical area where NetSuite shines is in providing a solution that helps an organization attain profitable growth. The NetSuite cloud solution allows a company to reduce information technology (IT) expenses and focus the IT resources on value-added tasks. NetSuite takes the burden of supporting the ERP off the back of the internal IT group, so that the IT group isn’t burdened with low-value IT operational tasks such as backups, maintenance, and restores of the ERP system.

In addition to the benefits of using an ERP system in the cloud, the modern, Web-based solution allows companies to be flexible and take advantage of the latest technology trends. An example given by NetSuite was when everyone on the shop floor of a customer decided on their own to pick up iPads to do their jobs. The operators on the shop floor realized they could do a better job by having mobile, real-time visibility into their jobs on their own. In other words, having a solution like NetSuite ERP provided the business flexibility to unlock hidden business benefits.

You can see how NetSuite ERP stacks up to the competition in much greater detail using TEC’s proprietary TEC Advisor tool now. I will be writing the full NetSuite ERP certification report, with more on the product’s background, highlights, features and functions, and competitive strengths and weaknesses. The report will be available in a few weeks on the TEC 2013 Certification Reports page.
 
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