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TheStreet Open House

Australian Manufacturers Move To NetSuite Cloud

Stock quotes in this article: N

SYDNEY, July 24, 2013 /PRNewswire/ -- NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced that a growing number of Australian manufacturers are turning to NetSuite's next-generation cloud manufacturing solution for building and expanding successful businesses, such as Headland, Precision Mechatronics and BA Equipment Group. These Australian manufacturers enjoy the benefits of a complete cloud manufacturing solution that provides robust capabilities to more efficiently manufacture, forecast, price, track and schedule products, with a focus on design and a single platform for both B2B and B2C distribution.

Today's manufacturers face shifting economic conditions, accelerated time to value and the need to innovate rapidly. Modern manufacturers require a system that helps them reduce costs during the design process, efficiently manage multi-channel distribution, continuously innovate and leverage a dynamic supply network, while adapting to mobile-empowered customers blurring the lines between B2B and B2C and demanding a modern Ecommerce experience.

"Traditional on-premise software approaches used by many manufacturers create a barrier to product innovation and business growth by increasing IT costs, driving up the cost of production and decreasing business efficiency and accuracy," said Mark Troselj, managing director of APAC for NetSuite. "By switching to the NetSuite cloud, today's modern manufacturers can accelerate innovation, produce higher-quality products at high margins, rapidly adapt to market changes and distribute across multiple channels, gaining a competitive advantage and driving success in the global economy."

NetSuite's integrated business solution complements manufacturing-specific functionality with order and inventory management, fulfilment, financials and accounting, CRM, services automation, Ecommerce and more, eliminating the pain and inefficiency of maintaining multiple disparate systems. Leading manufacturers, such as Headland, Precision Mechatronics and BA Equipment Group, are raising the bar for innovation and agility with NetSuite, while liberating staff from inefficient manual work and channelling resources into value-added activity such as R&D, supply network optimisation, customer service and support.

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