NetSuite for Food and Beverage

In the fast-paced food and beverage industry, businesses need a robust, scalable solution to streamline operations, ensure regulatory compliance, and drive growth. NetSuite offers an all-in-one cloud-based ERP system designed specifically to meet the unique challenges of food and beverage companies. From real-time inventory management and batch traceability to demand forecasting and recipe management, NetSuite empowers businesses to optimize production, maintain consistent quality, and enhance supply chain efficiency. With built-in tools for financial management, regulatory compliance, and seamless scalability, NetSuite and GSI are the trusted partners for food and beverage companies looking to innovate, scale, and stay ahead of the competition.

Food and Beverage-min (1) Reflecting on Copper Cane’s successful NetSuite implementation, Ochoa said he can’t overstress the importance of GSI’s role in that positive outcome. “GSI really did knock it out of the park.” Art Ochoa, Director of IT

With clear visibility over its end-to-end operations, Copper Cane’s leadership team can make timely decisions based on current data, rather than work with information that might be two weeks old and no longer even relevant. This capability is crucial in the wine industry, where everything from corks to glass to labels has been ordered and accounted for well in advance.

Real-Time Inventory and Batch Tracking

Improve inventory management with real-time visibility across locations, ensuring efficient tracking of raw materials, ingredients, and finished goods, including shelf-life management and FIFO.

Regulatory Compliance and Traceability

Streamline compliance with food safety regulations (FDA, USDA, HACCP) and improve traceability of ingredients, products, and batches for faster recalls and audits.

Supply Chain Optimization

Enhance supply chain visibility, reduce delays, improve supplier collaboration, and optimize production schedules to meet fluctuating demand and prevent stockouts.

Cost Control and Profitability

Track production costs, manage margins, and generate real-time financial reports to make informed decisions that boost profitability.

Recipe and Formulation Management

Centralize recipe data, ensuring consistency, quality, and compliance in production, while managing changes to formulations and scaling production efficiently.

Scalable and Flexible Operations

Support business growth with a scalable platform that adapts to market changes, seasonal demand, and new product launches while maintaining operational efficiency.

Advanced Business Intelligence

Gain actionable insights from real-time reporting and dashboards, helping you monitor key performance metrics like inventory turnover, sales trends, and production efficiency.

Integrated eCommerce and CRM

Leverage integrated eCommerce capabilities and CRM functionality to enhance direct-to-consumer sales, improve customer relationships, and drive targeted marketing efforts.

Challenge: Perishable Goods

Managing perishable goods is challenging due to the need for constant monitoring of expiration dates and optimal storage to prevent spoilage and waste.

Solution: Real-time Inventory Tracking

NetSuite provides real-time inventory tracking to optimize inventory levels and efficiently manage perishable goods.

Challenge: Supply Chain Complexity

Food and beverage companies face supply chain challenges due to their complexity, affecting sourcing, scheduling, and product availability.

Solution: Comprehensive Vendor Management, Procurement Automation, and Real-time Visibility

NetSuite enhances supply chain efficiency through vendor management, procurement automation, and real-time visibility, helping businesses manage suppliers, reduce lead times, and ensure consistent delivery.

Challenge: Regulatory Compliance and Traceability

The food and beverage industry must adhere to strict safety, quality, labeling, and traceability regulations.

Solution: Batch Traceability, Comprehensive Audit Trails, and Built-in Reporting Tools

NetSuite ensures compliance with industry regulations by offering tools for traceability, audit trails, and reporting, aiding in quick product recalls.

Challenge: Demand Forecasting and Production Planning

Predicting demand and planning production is challenging due to seasonal trends, shifting consumer preferences, and supply chain disruptions.

Solution: Demand Forecasting and Production Planning Tools

NetSuite’s tools enhance demand forecasting and production planning by using data and analytics to improve accuracy, optimize schedules, and boost supply chain efficiency.

Challenge: Cost Control and Profitability

With fluctuating raw material prices, tight margins, and high operational costs, controlling costs while maintaining profitability is a constant challenge.

Solution: Detailed Costing methods, Real-time Financial Reporting, and Cost Tracking

NetSuite provides costing methods, financial reporting, and cost tracking to enhance profitability by identifying savings and optimizing resources.

Challenge: Quality Control and Consistency

Ensuring consistent product quality and adherence to standards is crucial in the food and beverage industry to prevent defects and dissatisfaction.

Solution: Recipe and Formula Management, Quality Control, and Real-time Monitoring

NetSuite ensures product consistency and quality by managing recipes, formulas, and quality control, while real-time data monitoring helps address production issues promptly.

Challenge: Multi-location and Multi-currency Operations

Many food and beverage companies operate across multiple regions, dealing with different currencies, tax regulations, and supply chains, which can complicate operations and financial reporting.

Solution: NetSuite Handles Multi-currency, Multi-tax, and Multi-location Businesses

NetSuite, a cloud-based ERP, streamlines global business management with multi-currency, multi-tax, and multi-location capabilities, ensuring real-time performance tracking.

Challenge: Customer Expectations and Consumer Trends

Consumer preferences in the food and beverage industry are changing rapidly, with demands for quicker delivery, eco-friendly packaging, and healthier products. Businesses must adapt swiftly to these trends while handling production and inventory.

Solution: NetSuite’s CRM and eCommerce Features

NetSuite’s CRM and eCommerce features help food and beverage companies understand customer preferences and trends, allowing them to better tailor products and marketing strategies.

Challenge: Product Labeling and Packaging Compliance

The food and beverage industry faces strict regulations around product labeling, ingredient disclosure, and nutritional information. Non-compliance can lead to fines, product recalls, or consumer distrust.

Solution: NetSuite Manages Product Information, including Ingredient Lists, Allergen Warnings, and Nutritional Data

NetSuite helps businesses manage product information to comply with regulations, reducing labeling errors and ensuring regulatory compliance.

The #1 NetSuite ERP Solution Provider for Food and Beverage

GSI is the #1 NetSuite Solution Provider for food and beverage companies in the United States. GSI consultants have, on average 12+ years of experience in NetSuite and ERP for food and beverage companies. We challenge our clients with a real-world understanding of how software changes in NetSuite will affect your overall business.

“GSI really did knock it out of the park. There’s still more to be done, but we have our foundation in place and can now start putting the icing on the cake.” Art Ochoa, Director of IT at Copper Cane Wines & Provisions.