How can vendors be shared among multiple subsidiaries in NetSuite OneWorld?

Vendors can be shared among multiple subsidiaries in NetSuite OneWorld by assigning a primary subsidiary and multiple secondary subsidiaries to a single vendor record. This structure allows a unified approach to vendor management, wherein one set of vendor information can be used across different subsidiaries within the organization.

This setup is particularly advantageous because it streamlines the vendor management process, enabling subsidiaries to access the same vendor information and maintain consistency in vendor relations. It also simplifies reporting and financial management, as all subsidiaries can reference the central vendor record. This approach eliminates the need to duplicate vendor records for each subsidiary, thereby reducing data redundancy and the potential for errors that can arise when managing separate records.

In contrast, creating separate vendor records for each subsidiary can lead to inefficiencies and complications in tracking vendor performance and managing relationships. Restricting vendor access to only one subsidiary would not facilitate sharing but rather limit the vendor's utility across the organization. Using SuiteScript for vendor assignments, while a powerful tool for customization, is not necessary for basic vendor sharing functionality, making it a more complex solution than needed for this scenario.