NetSuite Inventory Management
Automate Inventory Management & Optimise Cash Flow
NetSuite's Inventory Management feature plays a pivotal role in streamlining business operations. With robust capabilities NetSuite can help your business automate processes, reduce unnecessary costs and improve customer satisfaction. Using NetSuite, you can effectively track, manage and optimise your inventory whilst reducing the potential for manual errors and labor-intensive tasks. Optimising your inventory processes and levels creates time to focus on growing your business and how to exceed customer expectations, you'll be able to experience an improvement in efficiency and cash flow of your business.
Key Inventory Mangement Features
Multi-Location Support
NetSuite has multi-location support features for business that operate numerous facilities or warehouses. This allows leaders to allocate, track and manage inventory at different locations. You can gain real-time visibility into inventory levels across multiple locations, to help make informed decisions into stock allocation, reorder points and fulfillment processes.
Reorder Management
NetSuite will help you set and manage efficient stock levels, calculating reordering points for stock items to automatically generate a purchase or production orders.
Account for changes in demand and/or lead times by setting safety stocks levels to provide a buffer against fluctuations in demand or replenishment delays.
Inventory & Item Traceability
NetSuite's traceability capabilities are great tools for NetSuite users to maintain detailed records of inventory lifecycle for quality control and operation efficiency.
NetSuite lets you assign serial numbers to individual or groups of items, allowing it to be traced throughout it's movements. Trace an item from when you receive it when and how it's processed to when it's been purchased and left your facility.
Reporting & Analytics
NetSuite has a suite of reporting & analytical tools to help you manage inventory efficiently and make informed decisions.
Ecommerce
NetSuite integration capabilities with various ecommerce platforms for sales processing, synchronising order creation from the point of sale, inventory allocation and levels and customer data between NetSuite and the integrated platform.
