Connect NetSuite ERP Seamlessly to your eCommerce Platform
Build a Robust, Scalable NetSuite Inventory Management System
Managing inventory is the most critical process that can even lead to losing the customer permanently. Manual handling of inventory always suffers from human error risk; therefore, professional software is required for automatic handling.
NetSuite offers incredible inventory management that ensures that you’re up to date with the current inventory status. NetSuite Inventory is a tailored integration to your software to keep the supply chain processes running smoothly.
If you’re a NetSuite user, then inventory management must be on your mind. Meeting customer’s expectations is the first goal of any business owner. But, how can you do that unless you are well-aware of your inventory? Your supply chain management needs to be top-notch if you plan to fulfill your customer’s requirements and needs on time.
Human error is the first reason why businesses lose hold of their inventory. Without appropriate knowledge of what’s in stock and what’s not, a company cannot function properly. If you’re selling configurable and complex products, then the loss due to such errors can be huge for your business.
NetSuite Inventory Management Cloud Service is the ultimate solution to your problems. With it, you can successfully keep track of shortages, stock-outs, canceled orders, and keep a check on storage facilities as well. Oracle NetSuite Inventory gives a real-time preview of your inventory that helps you make sound decisions at the right time.
Here are some of the essential features of NetSuite Inventory that can boost your business operations.
Replenishment
Are you tired of keeping track of lead times, stocking levels, or reorder points? If yes, then NetSuite Inventory can help you deal with it. The automatic updates appearing as the ‘order items’ list can help you eliminate manual tracking. When automated workflows are implemented, there is a low chance that you will ever forget to restock or maintain the inventory amount. If you find trouble managing the demand and supply levels throughout the organization, then NetSuite offers quick assistance in this area. It comes with advanced parameters that help you stay on track to avoid any disruptions in demand and supply.
Cycle Counting
Well, replenishment features are not enough to keep your inventory running smoothly. If you want accuracy, then NetSuite will provide you with it through regular inventory checks. It’s one of the most delicate features of NetSuite that save you from running out of stock. Furthermore, NetSuite Inventory Count further protects you from the overhead costs. Depending on the value and volume of transaction of inventory, you can even categorize it. Everything is automatic with NetSuite, so you’re always aware of what needs to be done at the moment.