Core NetSuite Features for Medical Device Manufacturers: Financials, Operations, & Customer management

Key NetSuite Features for Medical Device Manufacturers

1. Shop Floor Management 

Track production processes in real time with tools designed for manufacturing environments. NetSuite’s tablet app records manufacturing steps and displays work queues for current and upcoming tasks, helping improve shop floor operations and accuracy. 

2. Procurement 

Optimize procurement with smarter tools for supplier management and purchasing. Features like requests for quotes, purchase contracts, and blanket purchase orders ensure you get materials when needed while controlling costs. The procure-to-pay process is streamlined for better spending visibility and efficiency. 

3. Supply Chain Management 

Gain complete visibility and control over your supply chain, including outsourced production. NetSuite allows real-time inventory tracking across locations, vendor management, and multi-location distribution planning, enabling smooth workflows and growth without limitations. 

4. Quality Management 

Ensure consistent product quality with NetSuite’s inspection tools. Create plans, set quality criteria, and monitor results in real time. The platform helps reduce costs, address non-conformance issues, and deliver high-quality products with minimal overhead. 

5. Customer Relationship Management and Marketing 

NetSuite’s CRM manages the entire customer lifecycle—from sales automation and marketing to customer service. Fully integrated with ERP and ecommerce systems, it helps companies respond to customer needs faster, improve forecasting, and align production with demand. 

6. Financial Management 

NetSuite automates complex financial tasks like bank reconciliation, asset management, accounts payable/receivable, and revenue tracking. It enhances operational efficiency by simplifying daily transactions, speeding up financial closing, and ensuring regulatory compliance. With real-time financial insights and seamless integration with tools like CRM, inventory, and commerce, you can manage all aspects of your business on one platform. 

7. Planning and Scheduling 

Balance supply and demand effortlessly with NetSuite’s intelligent scheduling tools. Its flexible scheduling engine accommodates both finite and infinite capacity, while drag-and-drop tools and Gantt charts help visualize production schedules. Real-time updates ensure potential issues are addressed quickly.

Why Choose NetSuite for Medical Device Manufacturing? 

NetSuite streamlines financials, supply chain, quality management, and customer relationships into a single, cohesive platform, giving businesses the tools they need to thrive in a competitive and highly regulated industry. By integrating advanced features for finance, operations, and customer management, NetSuite empowers companies to enhance efficiency, simplify processes, and scale effortlessly.

Excelym’s expertise in leveraging NetSuite for manufacturing industries offers significant advantages.

For medical device manufacturers seeking tailored solutions, our expertise in leveraging NetSuite for manufacturing industries offers significant advantages. Learn more