NetSuite goes to school

NetSuite, Inc. representatives announced that Purdue University has become the first institute of higher education to incorporate NetSuite into undergraduate and graduate curriculum for the Purdue Industrial Distribution Program. Classes that benefit from the program include Financial Transactions in Distribution; Purchasing, Inventory and Warehouse Management; and Industrial Sales and Sales Management.

As part of the Industrial Distribution Program designed to prepare students with the skills needed to serve the $4 trillion industrial distribution industry, NetSuite is used in a real-life warehouse setting called the Supply Chain Technology Management Laboratory, where students gain hands-on experience using NetSuite for distributor management, customer relationship management and e-commerce, while sharpening profitability management skills such as financial statement analysis, strategic planning, and sales forecasting.

Purdue University are entering a second year of graduate-level work, and some introductions are being made into the undergraduate curriculum for the Industrial Distribution Program using NetSuite in the Supply Chain Technology Management Laboratory. In addition to distributor management, CRM and e-commerce, students learn the fundamental functionality needed to run a wholesale/distribution business, such as advanced inventory management, order fulfillment, profit management, demand-based inventory replenishment, supply chain management, logistics and purchasing, marketing, industrial sales management, and human resource management.

And dreaming of reaping future whirlwinds from Boilermaker grads, NetSuite CEO Zach Nelson said, "We feel the on-demand model is how all software will be delivered in the future and are honored to be part of training the warehouse and supply chain managers of this next century."