Requirement of a system that can oversee operations, inventory, maintenance, manufacturing, distribution, and tracking deliverables based on start/end date or any other custom requirement in real-time. The company’s current Financial Management System was inefficient and consisted of manual processes that led to longer close times. There is no defined way to track inventory leads to manually tracking the inventory stock. The company also often ran into low/out-of-stock inventory scenarios. Reporting on manufacturing bills of materials, inventory costs, etc., was unmanageable as this information was logged in two different systems with no integration. The lack of Managerial monitoring capabilities for internal employees, 3rd party vendors, contractors/sub-contractors, activities, etc., in real-time. The company’s order management module consisted of a manual process which led to the sales departments conveying order information manually to the order fulfillment team. Benefits: The company now runs its Financials independently on NetSuite without relying on 3rd party financial management solutions. The company can now track inventory and orders, efficiently manage replenishment, and avoid out-of-stock scenarios. Historical data also helps to manage product supply based on historical demand. Customized NetSuite to give Seniorities monthly reports on the total number of products sold by their sales rep to track their performance, finances, etc. NetSuite accurately tracks finances across the enterprise, reduces person-hours, and requires fewer systems and IT support staff. With multiple individuals using the same method to complete tasks and operate efficiently, the client can use standard operating procedures that simplify all tasks and remove those that are no longer necessary. With all data in one system, the client knows the profitability of every product and inventory sold. The client can now reduce the risk of errors and the need to export all data to an Excel sheet from multiple systems. The team now experiences significant efficiency improvements when all individuals seamlessly operate and interact within the ERP via mobile device whenever needed. The business achieved streamlined communications due to NetSuite’s top-class integrations, which can be integrated with thousands of software, including Amazon, Shopify, QuickBooks, Salesforce, eBay, Zendesk, and a lot more.

1. • Requirement of a system that can oversee operations, inventory, maintenance,
manufacturing, distribution, and tracking deliverables based on start/end date or
any other custom requirement in real-time.
• Company’s current Financial Management System was inefficient and consisted
excess of manual processes that led to longer close times.
• No defined way to track inventory which lead to manually tracking the inventory
stock. Company also often ran into low/out of stock inventory scenarios.
• Reporting on manufacturing bill of materials, inventory costs etc. was
unmanageable as this information was logged in two different systems with no
integration.
• Lack of Managerial monitoring capabilities for internal employees, 3rd party
vendors, contractors/sub-contractors, and activities etc. in real-time.
• Company’s order management module consisted of manual process which lead
to the sales departments conveying order information manually to the order
fulfillment team.
Case Study
Overview: NetSuite for Wholesale Distribution
erpbuddies.com
Problem & Requirements

2. • Used ERP Buddies custom extensions to handle the desired system functionality
in the backend.
• Leverage NetSuite CRM module to manage the entire Lead to Quote Sales Cycle
(Order management)
• Client’s NetSuite system now automatically triggers notifications for low
inventory and stock count.
• Set up and fixed the company's chart of accounts and printed forms for
convenient financial management.
• ERP Buddies setup proper inventory items that emphasise on FIFO (first in first
out)
• Setup & Configuration of NetSuite CRM Module
o Identified Custom Fields, Forms, & PDFs that required customizations
o Personalization against all NetSuite Records that encapsulate the CRM Module
> Leads, Prospects, Customers, Opportunities, Estimates, Sales Orders as a
> Custom Sales Contracts customization for financial reporting.
Process & Solution
start.

3. Benefits
• Financial Management. Company now runs their Financials independently on
NetSuite without relying on 3rd party financial management solution.
• Inventory Management. Company can now track inventory, orders and efficiently
manage replenishment and avoid out-of-stock scenarios. Historical data also helps to
manage product supply based on historical demand.
• Real-Time Reporting. Customized NetSuite to give Seniorities monthly reports on
total number of products sold by their sales rep to track their performance, finances
etc.
• Cost savings. NetSuite accurately tracks finances across the enterprise, reduces
manhours, and requires fewer systems and IT support staff.
• Standardized operations. With multiple individuals using the same system to
complete tasks and operate efficiently, the client can use standard operating
procedures that simplify all tasks and remove those that are no longer necessary.
• Reliable analytics. With all data in one system, the client knows the profitability of
every product and inventory sold.
• Improved risk management. Client can now reduce the risk of errors and the need
to export all data to an Excel sheet from multiple systems.
• Mobile workforce. The team now experience major improvements in efficiency
when all individuals seamlessly operate and interact within the ERP via mobile
device, whenever needed.
• Integrations. Business achieved streamlined communications due to NetSuite’s
top-class integrations which can be integrated with thousands of software’s
including Amazon, Shopify, QuickBooks, Salesforce, eBay, Zendesk and lot more.