One of the most important first steps a fast-growth manufacturer, distributor, or retailer can take is to implement an ERP system. The advent of cloud ERP systems like NetSuite has made it possible to reach this step much earlier in a company’s maturity journey.
Cloud ERPs offer scalability, agility, insight into demand and inventory, and access to performance management analytics. This is everything a company needs to succeed—except for one thing: a window directly into their supplier network.
Given the unpredictable nature of most supply chains today, that is a critical but complex window to look through.