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NetSuite for Medical Device

NetSuite for Medical Device

ERP Software for Medical Device Manufacturers

For medical device manufacturers, staying up to speed on the latest developments and opportunities is paramount. The right enterprise resource planning (ERP) platform gives you the ability to efficiently manage the complexities of your business securely in the cloud. 

NetSuite ERP, the leading cloud ERP platform for midsize businesses, is built to support medical device manufacturing businesses with real-time, pre-built reporting, a 360-degree view of the buyer, supply chain optimization, and more. As you grow, grow with a platform that can support and scale alongside you. 

At Luxent, we help medical device manufacturers and distributors use NetSuite to drive growth throughout their business processes.

#1 NetSuite Partner for Medical Manufacturers
Visibility and Forecasting
Reporting and Compliance
Improve Customer Service

 

How LUXENT Delivers for Medical Device Manufacturers

LUXENT is a leading NetSuite Certified Solution Partner with extensive experience working with ERP software for medical device manufacturers. We offer various NetSuite services, including: 

  • Licensing: As a certified NetSuite Solution Provider, we can assist your business in purchasing the right NetSuite licensing.
  • Implementation: Luxent will help you get the full value of your NetSuite medical device ERP software investment with a detailed implementation plan to guide your team to success. 
  • Development and Integration: Luxent is an experienced SuiteCloud Developer with a team of architects and developers that have practical business applications to the needs of wholesale distributors to help you customize NetSuite to your business process.

Benefits of NetSuite for Medical Device Companies

NetSuite ERP provides effective solutions to medical device manufacturing and distribution companies. From optimized supply chain management to improved communication, this ERP medical device software offers various benefits, including: 

Automated Business Processes

With NetSuite, medical device companies can automate manual processes, such as data entry, that take up precious time and resources. NetSuite also helps save time and money by eliminating common errors that would otherwise slow down operations.

Increased Productivity and Innovation 

In a highly competitive industry, medical device manufacturers can benefit from the speed and increased productivity NetSuite facilitates. Increased production output and operational efficiency allow these companies to focus on making innovative, life-changing medical devices.

Maintaining Compliance

The medical industry is highly regulated, with compliance rules that are constantly changing. NetSuite provides the tools needed to keep up with the changes and manufacture compliant devices. With the software’s reporting, saved search capabilities and accessible audit trail, you can be sure that your medical devices meet industry standards. 

Get More with NetSuite

Efficiently Manage Your Financial Processes

From bank reconciliation and assets management to receivables, payables, revenue management and more, NetSuite helps you automate complex financial processes.

NetSuite financial management solutions expedite daily financial transactions, reduce budgeting and forecasting cycle times, ensure compliance and accelerate the financial close. Our cloud-based platform delivers real-time visibility into the financial performance of any business, from a consolidated level down to individual transactions. NetSuite financial management seamlessly integrates with additional business applications — including order management, inventory, CRM and commerce — so you can run your entire business with a single solution.

Control and monitor your outsourced manufacturing processes like they’re your own.

Where a product is manufactured, and who it’s manufactured by, should not be a barrier to growth. NetSuite delivers a global view of inventory, regardless of where it is in production, allowing companies to manage outsourced production as if they were doing the manufacturing.

NetSuite provides real-time inventory visibility, vendor location management and full distribution requirement planning (DRP) capabilities for multi-location planning.

Automatically balance supply and demand, ensuring you have the right inventory in the right place at the right time.

Scheduling is one of the most complex functions within manufacturing. NetSuite delivers a real-time scheduling engine that is flexible, yet intuitive, with finite and infinite capacity scheduling.

View all upcoming work orders – when you want, how you want.

With either a traditional calendar view or a Gantt chart, NetSuite displays upcoming production with intuitive drag-and-drop tools. Once everything is scheduled, get a real-time view of production and even identify potential problem areas.

Manage your suppliers and purchasing processes with the visibility to ensure you get the products when you need them, at the best price.

NetSuite was built to support the needs of product-based businesses from the start. Today, it offers a variety of native features like requests for quote, blanket purchase orders and purchase contracts to help ensure that you have the right materials or items available, at the right time, in the right place.

Make the procure-to-pay process more efficient with smarter spending.

NetSuite helps companies improve the procurement process with tools that better monitor spending, simplify requests for goods and services, and deliver real-time visibility throughout your operations.

Make improvements across the floor.

Many manufacturers spend significant time and effort trying to perfect future plans with planning and scheduling applications. Recording when, where, what, why and how your products are currently being manufactured is just as critical. In fact, it’s a key element to a more accurate schedule. NetSuite makes it easy to quickly and accurately gather information from the manufacturing process.

Get real-time updates from the shop floor via NetSuite’s interactive tablet application.

The tablet application can be deployed through any tablet’s browser and can accurately record exactly what’s happening during each step of the manufacturing process. The application provides an interactive work queue showing all current and future operations scheduled through the current work center. The user-friendly layout is specifically designed to be used in harsh manufacturing environments and can even be operated while wearing gloves.

Manage the Complete Customer Lifecycle

Today’s successful companies adapt to their customers’ needs. Where possible, they have replaced manual processes with automated ones to increase efficiency and responsiveness. 

NetSuite customer relationship management (CRM) delivers powerful capabilities all in a single cloud solution, including sales force automation, marketing automation and customer service and support management. NetSuite CRM also includes powerful sales performance management, order management and partner management seamlessly integrated with your NetSuite ERP and ecommerce systems. A complete picture of sales helps you plan your shop floor operations and improve your forecasting. 

Designing and manufacturing a high-quality product doesn’t happen by accident.

NetSuite helps you deliver the highest quality in your products with minimal overhead. Define inspection plans, pass/fail criteria, collect results and monitor all results as they’re recorded.

Improve quality while reducing costs.

NetSuite is specifically designed to help manufacturers of all sizes reduce operating costs, increase revenue and better manage their business and supply chains. Define and maintain your inspection plans, collect in-process inspection results and report on non-conformance.

“When we saw how easily the system could be tailored and react on the fly, we knew the NetSuite-LUXENT partnership was exactly what we were looking for. That spoke both to Luxent’s experience and understanding of our business and the NetSuite solution itself.”
Norman Nie
Inari Medical

 

How Much Does NetSuite for Medical Devices Cost?

Each medical device company has unique software requirements based on factors like their operational needs and size. When it comes to NetSuite, the pricing model is flexible and dependent on those specific requirements. As a result, the pricing will vary from company to company.

Get Started With a NetSuite Certified Solution Partner 

LUXENT provides businesses with award-winning expertise for licensing, developing, customizing, integrating and implementing this industry-leading medical device manufacturing software. With a tailored solution, we can help you streamline processes and improve efficiency, giving your business a competitive advantage. 

Contact us to learn more about our NetSuite services and how we can help you grow your business.

NetSuite Medical Device Resources

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