NetSuite, Inc., 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.
Headland (headland.com.au) has a rich history of more than 60 years of supplying metal working machinery equipment to the manufacturing and engineering sectors within Australia and New Zealand. Headland turned to NetSuite OneWorld in 2011 to improve business efficiency and streamline workflows using a rich, cloud-based ERP solution that provides a single comprehensive view of its business, while enabling the company to grow by supporting multi-currency conversion capabilities. Headland is using NetSuite OneWorld in eight different currencies in two countries for financials, inventory management, fulfilment, CRM, process workflow, project costing and reporting, as well as other core processes. As part of the solution, Headland developed its own service management system (nextservicesoftware.com) within NetSuite, which uses a mobile application to view active tasks, record travel time and status per service technician, enabling its schedulers to view if technicians are in transit or on site.
"NetSuite has really helped us to increase the utilisation and efficiency of our engineers as they now have the ability to know where all resources are at any given time, and who has capacity for further work," said Lucas Vear, CFO of Headland. "They now also have complete visibility of our customers in real-time, enabling them to be better prepared and better able to service customer requirements."
About Precision Mechatronics
Precision Mechatronics (premecha.com) and its stable of companies in Australia, Taiwan and the U.S, provide custom-designed, built and fully installed equipment solutions for many industries and environments. It also supplies atmospheric plasma technology products for a broad range of industries, such as semiconductor, aerospace, medical devices, renewable energy and advanced materials including composites. It turned to NetSuite OneWorld in August 2010 to replace MYOB for accounting, which was no longer supporting the manufacturer as it embarked on expansion into Asia Pacific. It now relies on NetSuite OneWorld for financials, inventory and order management, customer service, marketing, sales force automation and other core business processes. NetSuite OneWorld supports multiple languages, currencies, taxes and reporting standards to fulfil the needs of its international expansion, providing one system to automatically manage local financial requirements in any market its expands into.
"We have greater visibility of our business now that everything is on the single, cloud-based NetSuite system inventory, currencies, sales data and more," said Jason Thelander, CEO of Precision Mechatronics. "We know NetSuite can keep up with our future growth plans and scale with us no matter how or where our company expands."
About BA Equipment Group
BA Equipment Group (baeg.com.au) supplies rock-breaking hammers and fixed hydraulic boom systems to the civil construction, demolition, quarrying and mining industries in Western Australia, Queensland and the Northern Territory. It is also the distributor of hydraulic rock breakers, demolition equipment and other complementary attachments through a well-established network of dealers throughout Australia and New Zealand. BA Equipment Group replaced Microsoft Dynamics NAV with NetSuite to help it separate from its parent business and deploy fully featured ERP systems across multiple offices with no hardware required. It now uses NetSuite for financials, customer service, inventory and order management, project management, marketing, sales force automation and other core processes.
"NetSuite gives us more control over our business and quicker access to the information we need, when and where we need it," said Campbell Nunn, managing director of BA Equipment Group. "It has eliminated guesswork and supports better forecasting so we can focus on growing our business and serving our customers."
A study by Nucleus Research* found that manufacturers running NetSuite reduced inventory costs by 20 percent and increased sales by up to 25 percent.
"NetSuite is investing in next-generation cloud solutions and partnerships that transform manufacturers' capabilities," said Mr Troselj. "NetSuite's fast growing customer base of manufacturers testifies to the appetite of global manufacturers for the transformational capacity of cloud solutions."
Today, more than 16,000 companies and subsidiaries depend on NetSuite to run complex, mission critical business processes globally in the cloud. Since its inception in 1998, NetSuite (netsuite.com) has established itself as the leading provider of enterprise-class cloud financials/ERP suites for divisions of large enterprises and mid-sized organisations seeking to upgrade their antiquated client/server ERP systems. NetSuite excels at streamlining business operations as demonstrated in a recent Gartner study naming NetSuite as the fastest growing financial management software vendor on a global basis. NetSuite continues its success in delivering the best cloud ERP/financials suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud is accelerating.
* Nucleus Research,"NetSuite's Impact on Manufacturing Company Performance," February 2011.
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