Simplify logistics and distribution for motor vehicles and parts to gain control over inventory and cost with NetSuite.
We proudly present our 2022 Alliance Partner Spotlight Award for the Automotive industry. This recognition from NetSuite clearly shows that we are not rooting for ourselves but got a testament from the client itself.
We implemented NetSuite for Tom Auto, and our successful implementation, combined with a strong relationship with our client, helped us win this award from NetSuite.
Auto parts businesses thrive on streamlined processes, clear planning, and in-depth insights into cost centers. With NetSuite auto parts, maximize efficiency and agility while gaining greater visibility into KPIs like costs, turnover, revenues, etc. The capacity of the NetSuite automotive solution to thoroughly manage production, track suppliers/vendors, and monitor inventory flow through delivery is critical for running a profitable and scalable organization.
Folio3 has extensive experience in working with startups, SMEs, and enterprises to deliver NetSuite implementations, customizations, and integration services, thereby enabling automotive businesses to scale with ease and not get slowed down by the bottlenecks caused by growth in business.
Access the critical KPIs and detailed insights of your complete product catalog.
Create an audit trail and adhere to accounting standards of the region.
A centralized order management system for online and in-store returns and fulfillment.
Integrate your shipping, merchant services, and CRM into a unified suite.
Streamline the movement of motor parts and improve order fulfillment processes.
Determine exact materials needed for vehicle build and optimize production schedules.
Automotive companies frequently confront disruptions in logistics, distribution, and keeping a record of inventory to manufacture enough motor parts for B2B customers. Folio3 can help you integrate various NetSuite motor parts modules for your automotive business needs to overcome ongoing and upcoming challenges related to specific business functions.
Optimizing the movement of automobiles and parts from suppliers to vendors can reduce delivery problems. The sales cycle for auto components and motor vehicles is accelerated when lead and opportunity progression are easily accessible. Businesses can forecast sales and purchases and assess historical demand, allowing for accurate stock counts.
A centralized system can simplify the interaction between sellers and suppliers. NetSuite manages all information regarding motor vehicle and components relationships, making cooperation, approval procedures, compliance, and payments easier. This improves supplier visibility, and businesses can reduce stockouts and inventory problems.
Automotive businesses can use demand data and seasonal trends to predict future demand. Integrating NetSuite allows demand planning to incorporate trends from sales and marketing campaigns and sales forecasts, allowing a thorough 360-degree view. Sales forecasts from third-party systems can be imported to further enhance the demand planning model.
With the NetSuite automotive solution, businesses can simply track and manage inventory across various warehouses. Tracking lots and serial numbers ensures optimized material management. Production count can be tracked depending on item volumes, values, or categories. Multi-location tracking of lot produced facilitates restocking for B2B customers.
By utilizing forecasting tools in NetSuite, businesses can reduce cycle times and enable quicker deliveries. Real-time tracking of delivery status provides visibility into the location and timing of inventory movements. This empowers companies to assess the progress of shipped orders and identify areas for improvement in the delivery process.
If your automotive company needs ERP implementation, integration with existing applications, or ERP customization, our NetSuite-certified consultants are here to help you. Your automotive company can have a comprehensive, personalized, and industry-specific solution for all its needs and pain points.
We offer post-deployment NetSuite managed services, including module implementations, workflow customizations, and bug fixes. Our specialized team provides personalized NetSuite support for any industry.
Connect your NetSuite with any platform of your choice and improve supply chain with an integrated order and inventory management system to track reordering and inventory levels and make sure the stock never goes out.
We offer an accelerated NetSuite ERP implementation process with functional support from certified Chartered Accountants. In most cases, we achieved go-live in less than 70 days. However, the typical timeline is around 3 months. Complex integrations take around 6 to 8 months.
NetSuite ERP pricing includes an annual license fee. The implementation cost varies depending on the project’s complexity. If you’re interested in getting a quote specifically for your business needs, please contact our consultants.
Like any other industry progressing with technology, automotive businesses are working on the same path. They are deploying the most recent automation methods to stay competitive and push through the competition and emerge on top.
NetSuite offers a very integrated solution to manage the automotive supply chain. It offers real-time visibility of inventory, projected demand, and supplier performance.it also helps collaborate with suppliers and streamlines procurement processes.
Its built-in reporting and tracking functionalities comply with these requirements. NetSuite can even automate workflows and processes, which greatly decreases the risk of errors and makes compliance much easier.
NetSuite supports inventory management capabilities, like real-time visibility, demand forecasting, and automated cycle counting, which help automobile companies maintain the right levels of inventory, avoid stockouts, and reduce excess inventory costs. NetSuite can also support VMI programs, where suppliers manage the inventory at the customer sites.
