NetSuite Inventory Management Boosts Profitability and Drives Real-time Visibility

NetSuite Cloud-based Inventory Management Software offers an extensively orchestrated, single platform for real-time view of inventory across all locations and sales channels. With such capability, businesses can reduce inventory on hand to free up cash while avoiding stockouts. With the deployment of NetSuite Inventory Management Cloud Service, you can optimize inventory levels and ensure product availability across multiple channels.NetSuite Inventory Management assists businesses in keeping inventory costs low while exceeding customer expectations without much hassle.

You can make the most of this Inventory Management Software that comes with exclusive demand-based planning using historical demand, sales forecasts, and seasonality. It helps ensure that you have the right amount of stock. It allows you to manage inventory quite efficiently and cost-effectively with company-wide ultimate inventory visibility. Businesses can decrease cost of goods sold via intelligent fulfillment that minimizes handling expenses and reduces shipping costs.

With the deployment of NetSuite Inventory Management, you can predefine fulfillment rules to eliminate multiple shipments for a single order, and avert excess shipping charges.

This Cloud-based Inventory Management Software renders extensive visibility into stock across all locations. With such capabilities, you can proactively monitor stock levels and sell through, transferring inventory between locations as necessary. This ascertains inventory availability and minimizes obsolete inventory.

Many people ask— How do I adjust inventory in NetSuite? And do not get a proper answer. Here, by leveraging the core functionalities of this Inventory Management Software, you can use uses historical and seasonal sales data, average lead time and number of inventory days’ of supply to dynamically manage item reorder points. You can keep in account of fluctuations in demand, seasonality, supply chain logistics and a product’s natural life cycle to ensure sufficient stock on hand. Additionally, it automatically generates tasks and alerts and sends them to the purchasing manager.

Businesses can use an inventory cycle counting solution to improve the efficiency and accuracy of management. You can make the most of this NetSuite Inventory Management Cloud Service to automate inventory counts without freezing transactions in the entire location. The inventory level used for the count is taken at the time the count starts for each individual item. You can avail of such capabilities at a standard NetSuite Inventory Management Cost via a certified and award-winning NetSuite Partner like inoday. We can help you optimize inventory levels and ensure its robust management without burning a hole in your pocket.

NetSuite Inventory Management Software lets businesses back and forward trace inventory using lot and serial tracing. With Lot-number items capability, you can track the quantity and specific cost for each lot as products are purchased and produced. 

You can serialize inventory to choose a specific item when you fulfill an order. Together, lot and serial numbers let you define fulfillment strategies (such as first expiring, first out), helps minimize waste, and ensure efficient usage of inventory.

Businesses who wish to optimize inventory and reduce cash flow can avail of such inventive cloud solution via a certified and accredited NetSuite Partner—inoday. Our experts hold expertise and extensive experience in delivering the right solution that best fits in the business needs. Additionally, you can grab support throughout the implementation lifecycle and even beyond it to ensure business growth and success.

For more details around NetSuite Inventory Management, write to us at info@inoday.com OR Schedule A Demo