NetSuite for Food & Beverage Companies

NetSuite for Food and Beverage Companies

Oracle ERP can benefit the food and beverage industry by supporting the efforts of food and beverage manufacturers, and the entire range of businesses that depend on them, such as the restaurant sector. The Food and Beverage Industry is highly competitive, and customers are expecting more from you each day.

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The Ideal ERP for a Changing Market

NetSuite gives you visibility into real-time company data, while easily managing inventory, order processing, financial operations, service workflows, and more! It is considered the number one software helping businesses operate in an ever-changing marketplace.

Nowadays, consumers tend to be better informed about the food products they consume. The food information labels, which appear on each container, bottle, and product, have become the center of attention and are crucial for the acceptance of this or that product.

Faced with this behavior, food and beverage companies have made every effort to offer healthier products, which is only achieved if they are prepared to operate under new quality standards. In order to meet these standards and take advantage of the latest trends, food and beverage companies are leveraging innovative resource management software like NetSuite ERP.

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Supply Chain, Warehouse, and Order Management

NetSuite provides greater control and visibility into the supply chain. Your procurement teams have access to real-time surrounding interactions with suppliers, manufacturers, and vendors available at their fingertips with customized dashboards and project workflows. For example, you can see things like where an order is located, when the delivery time will be, and what route the shipment will follow.

Want a better understanding of your warehouse activities? Individuals responsible for warehouse operations will be able to enter records that can be immediately viewed by other members of the company who rely on that warehouse-related data. With NetSuite, everyone sees and works with one version of the truth, thanks to real-time access to company-wide data via role-specific dashboards.

NetSuite helps you correctly prepare and fulfill your customers' orders. Deliver products efficiently, and reduce errors such as duplicate or incomplete orders. With improved visibility and control over procurement and order fulfillment, your team can greatly improve both supplier relations and customer satisfaction.

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Restaurant Operations and Finance

Thanks to state-of-the-art technology and an intelligent tool such as NetSuite, restaurants can be managed efficiently because the platform allows timely control over inventories, determine costs without any error, comply with production processes in real-time and above all to know the financial status of the business to understand its profits and measure its profitability.

Thousands of food and beverage companies use the Oracle ERP cloud financial management solution to manage their basic accounting needs. This software accelerates your financial close, provides reasonable expense control, offers streamlined and auditable income management and ensures complete visibility in real-time of the financial performance of your business, all thanks to the fact that it allows your collaborators to work from a single source of data, sales, suppliers and customers.