Friday, May 05, 2017

Why Online Reviews Are So Important

A positive reputation is one of the most powerful marketing assets a business has to convince new customers to contact them. The social proof contained within reviews and star ratings helps consumers short cut their research and make decisions faster and with greater confidence than ever before. 
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Thursday, April 27, 2017

NetSuite announces SuitePeople: Core HR Solution

The SuitePeople experience ensures that your most valuable asset, your people, are effective, engaged and motivated.

NetSuite SuitePeople securely weaves people data throughout the Suite, giving businesses complete control over their Core HR processes. SuitePeople empowers Managers and HR professionals to streamline employee information, new hires, employee onboarding, payroll, promotions and compensation changes, all from a single Suite. While also enabling employees by providing them with the ability to request time-off, access employee directories and organization charts, monitor upcoming vacation schedules, monitor new hires, and publicly recognize peers for good work.
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Monday, April 17, 2017

Manufacturing and Distribution in the Cloud: There's No Time Like the Present

 

 


There’s no time like the present, as manufacturers and wholesale distributors are in the midst of a digital revolution. With so many technologies changing the way things are done in the manufacturing world, the next few years figure to bring a significant "digital transformation" trend to the industry. 

IDC predicts that by the end of 2017, half of all manufacturers will be leveraging the cloud, mobility and advanced analytics to facilitate innovation on their shop floors. What's more, IDC expects that by the following year, 75 percent of manufacturers will have transformed their operations with digitally connected processes that improve responsiveness and productivity. Wherever you look in the manufacturing and wholesale distribution markets, companies are looking to transform for different reasons.
  • Food and beverage distributors are largely looking to get ahead of increasingly onerous regulatory and compliance requirements.
  • Consumer and industrial electronics manufacturers are focused on streamlining their supply chains to facilitate new product introductions.
  • And industrial supply firms are looking to bring new levels of efficiency to their business-to-business commerce channels.

Transformation a Matter of When, not If

With that backdrop, any manufacturer or wholesale distributor that isn't thinking about how to digitally transform its commerce model, or how to align its business strategy with the technologies that enable that transformation, is in danger of falling behind.
 
As a NetSuite partner, have had proven success with a combination of two strategies: Our "stairway to heaven" process, which helps our customers zero in on their best path to the cloud, and our SuiteSuccess program, which is designed to take companies from zero to cloud in 100 days or less. 
 

Finding Your Way to the Cloud

The stairway to heaven process will help manufacturers and wholesale distributors tackle a number of important questions, such as where their demand is coming from, how they can best facilitate that demand for the long term, and how they want to tie all the related data together. The answers to such questions can help a company choose the best cloud-based tools and deployment strategy to match its needs. 
 
NetSuite combines an agile approach, leading best practices, and a focus on risk mitigation to deliver a secure and disruptive solution that gives customers the competitive bang they're looking for. We also understand that migrating to the cloud is a big change, which is why we work with customers to gradually change behavior, and not just foist a new application onto old habits. We help companies best organize the sequence of the implementation to ensure the solution is up and running as quickly and effectively as possible.
 
We understand that speed is of the essence, but that our customers don't want to sacrifice effectiveness, which is why we take a preconfigured, holistic approach that enables us to deliver the quick time to value companies are looking for. 
 
Taking the time to make the right choices pre-deployment can make the difference between success and stagnancy. Most manufacturers choose to move to the cloud to simplify and gain the ability to focus more closely on their core business activities. When planned and deployed correctly, the cloud also gives CIOs the ability to affect change, maximize efficiency, and improve the customer experience. It creates instant value in the form of business readiness and ability to innovate. 
 
More importantly, with the majority of manufacturers expected to identify this opportunity to transition from stagnant, antiquated business models and embrace innovation, effective adoption of the cloud is a digital recipe for keeping pace with forward-thinking rivals and differentiating from the laggards. 
 
To learn more about how NetSuite helps manufacturers stay ahead of the curve, please contact our development team at NXTurn or visit our website at http://www.nxturn.com
 
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Thursday, April 06, 2017

REDUCE COSTS AND INCREASE EFFICIENCY BY USING PHANTOM ASSEMBLIES

 


Manufacturing has evolved and gone are the days when it was common practice to produce items in bulk, only to be stored in inventory until they were needed. Today’s environment of rapidly changing and variable products recognizes that excess inventory means reduced liquid capital and obsolete materials.   
 
NetSuite helps manufacturers reduce costs and increase efficiency by simplifying job scheduling and planning by using phantom assemblies to consolidate and reduce the number of jobs required. 
 

What is a Phantom?

A "phantom" bill of material can be thought of as a made to order subassembly and is defined with its own set of components. A phantom is a part that is typically not built and placed in inventory, but is given a part number and a bill of material to define the components that are assembled together in the overall process. Phantom assemblies can be useful for multi-level products that are made to order and for making items with customized options. 
 

Bill of Materials (BOM) Inventory

A phantom conveniently groups together material needed to produce a subassembly. Phantoms are used to simplify the Bill of Materials (BOM) management or to represent a configuration option for a particular manufactured product. For example, a specific type of rudder used on a boat can be marked as a phantom as part of a build to order specification. The Phantom BOM option enables you to define the item source for the subassembly on a line-by-line basis. This means you can specify the subassembly to be phantom in one BOM but have it as a regular stock item in another. 
 

Improved Functionality

Phantoms are very helpful and now provide real functionality for NetSuite users. Before, all sub-assemblies were treated as a phantom and manufacturers had to build all sub-assemblies under one level assembly. The Phantom Bill of Material feature enables users to control which assemblies will be pulled from stock and which will be completed as a part of the work order for the stockable assembly. Users can also define individual sub-assemblies as Phantom, while others under the same top assembly may not be. 
 

Improved Efficiency

Changes are automatically re-flowed to all related Bill of Materials, which saves time and effort for material or manufacturing engineers. Phantoms are a must for companies interested in lowering work in process levels, optimizing cash-flow, reducing product costs and and increasing efficiency. 
 
Download our whitepaper to learn more about how NetSuite helps manufacturers stay ahead of the curve.
 
Download Whitepaper
 
 
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