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S4 Consulting Partners with Lifewear Technology to Implement Oracle NetSuite at Thanh Hoa Factory

Ho Chi Minh City, Vietnam – S4 Consulting, a leading partner in enterprise management solution consulting and implementation, has announced a strategic partnership with Lifewear Technology, a premier manufacturer in the medical and health-support product industry. Under this agreement, S4 Consulting will implement Oracle NetSuite ERP at Lifewear Technology’s factory in Thanh Hoa, Vietnam, with a targeted go-live date of October 1, 2025.

NetSuite Localization for Vietnam
NetSuite Localization for Vietnam

The project marks a significant step in Lifewear Technology’s journey to digitize and automate its production management processes. By adopting a world-class ERP software, Lifewear Technology aims to optimize operations, enhance production efficiency, and strengthen its competitive position in the global market.

About Lifewear Technology

Lifewear Technology is a leading manufacturer of high-quality health and medical support products for global markets, with a strong focus on the U.S. and Vietnam. Their factory, located at Bi Kieu Hamlet, Trung Chinh Commune, Nong Cong District, Thanh Hoa Province, is equipped with advanced technology and adheres to strict production standards.

The company has earned prestigious international certifications, including FDA, GMP, and ISO13485. Adherence to GMP (Good Manufacturing Practices) ensures that Lifewear Technology’s products are consistently produced and controlled according to high-quality standards, meeting the rigorous demands of the medical industry. The main product categories manufactured here include:

  • Support braces and wraps: Thumb splints, knee braces, elbow sleeves, wrist wraps, ankle braces, and back supports.
  • Support gloves: Copper-infused gloves.
  • Hot/cold therapy products: Hot/cold gel packs, ice bags, and instant cold packs.
  • Medical protective gear: Medical caps and gowns.

This partnership with S4 Consulting and the implementation of Oracle NetSuite ERP are part of Lifewear Technology’s long-term strategy to modernize production, boost competitiveness, and build a solid foundation for future growth.

Key Benefits of Oracle NetSuite for Lifewear Technology

  • Remote Production Monitoring: Managers can track production progress, order status, and inventory from anywhere in the world, including the U.S. and India, ensuring seamless and timely operations.
  • Comprehensive Production Management: NetSuite provides end-to-end capabilities, from production planning and material management to progress tracking and quality control.
  • Real-time Data Integration: Leaders can access accurate, up-to-the-minute data on factory performance, costs, and inventory, enabling swift decision-making.
  • Flexibility and Scalability: Oracle NetSuite is a scalable platform that can accommodate Lifewear Technology’s growth and easily integrate with existing systems.

The Role of S4 Consulting

With extensive experience in implementing ERP projects for the manufacturing sector, S4 Consulting’s team of experts will work closely with Lifewear Technology. S4 Consulting is responsible for the consulting, configuration, and implementation of Oracle NetSuite, ensuring the system operates smoothly and aligns with the specific characteristics of the medical device manufacturing industry. Furthermore, S4 Consulting will provide a financial and accounting localization package on the NetSuite platform, helping Lifewear Technology comply with Vietnamese legal regulations.

Mr. Pham Hoang Lac, CTO of S4 Consulting, shared: “We are very proud that Lifewear Technology has placed its trust in S4 Consulting. This is an important milestone, contributing to bringing advanced cloud management solutions closer to manufacturing businesses in Vietnam.”

Q&A

Q: Why did Lifewear Technology choose Oracle NetSuite? A: Lifewear Technology chose NetSuite because it is a comprehensive cloud ERP platform that allows them to centrally manage production, finance, and inventory. The ability to access and track real-time data from anywhere in the world is a key factor, fitting their need for remote factory management.

Q: What is special about S4 Consulting’s accounting localization package? A: This package not only adheres to the regulations of Circular 200/BTC but also offers superior flexibility. End-users can proactively customize and generate reports with the convenient drilldown function, making data analysis faster and more efficient. All these benefits come at an optimized cost.

Q: What value does Oracle NetSuite bring to the medical device manufacturing industry? A: NetSuite helps medical device manufacturers manage their entire production process transparently, from raw materials and production lines to final product quality. This not only optimizes efficiency but also ensures compliance with international standards like GMP and FDA, enhancing global competitiveness.

Balance Sheet Bảng Cân Đối Kế Toán