Demand Planning & Supply Management Solution for NetSuite
Key Benefits:
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Optimize inventory levels for different supply chain periods |
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Reduce costs with order consolidation |
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Quickly update maximum /minimum stocks, safety stock, lead time and projections to adjust your fulfillment expectations |
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Get full visibility into your day to day operations (including item availability) and deliver accurate forecasting to your clients |
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Simplify your ordering process and easily manage workflow approvals with NetSuite’s remote role-based functionality |
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Demand Planning & Supply Management Solution for NetSuite Module Features
✔ Multi-Location Inventory
✔ Inventory Management
✔ Real-Time Visibility Into Item Inventory
✔ Update from CSV imports
✔ Global Supply Planning
✔ Vendor Management Capabilities
✔ 4 Methods of Projection to Assess Stock Demand
✔ Automatically Generate Purchase & Work Orders
✔ Leverage Historical Data & Sales Forecasts in Your Projections
✔ Filter results and deep-dive into your data for fast decision-making
✔ Time phased view & identify potential imbalances in demand and supply
✔ Actively monitor inventory status, demand updates and existing vs required supply throughout your entire global supply chain operations
Demand Planning & Supply Management
module for NetSuite
Our NetSuite solution for Demand Planning and Supply Chain Management allows businesses to get unprecedented insight into their day to day operations and streamline their inventory across their multi-location setup.
Flexible Forecasting: 4 Methods of Projection to Assess Your Stock Demand
1. Sales Forecast
Are you using NetSuite for your sales operations? You can leverage forward looking sales forecast data (for estimates, opportunities, and more) to project your inventory demand and get unprecedented levels of visibility.
2. Linear Regression
This process leverages previous demand to give you accurate projections of what your future inventory needs to be based on the steady linear growth formula (SLG).
3. Moving Average
This method analyzes historical demand to calculate the overall average stock level that you will require, as well as project future stock levels by using the same overall overage.
4. Seasonal Average
You can use previous demand to analyze the seasonal trends behind your inventory flow - then use that data to project similar seasonal trends to get insight into future stock levels.
NetSuite SuiteSuccess for Retail
Get an overview of the reporting capabilities that come with this package for items and inventory management, as well as historical transaction information, and demand planning.
NetSuite Supply Chain Management for Apparel, Footwear & Accessories
Discover how NetSuite’s Supply Chain Management capabilities are allowing apparel and accessories companies to increase their operational efficiencies and streamline their sales.
Adapting Your Supply Chain Processes for a Changing Market
Demand Planning for Manufacturing is Changing Fast - in this latest episode of GURUS Cloud Connect, we’ll be looking at how you can prepare your business for the quick shift.
Learn More About NetSuite Demand Planning
Learn more about NetSuite Demand Planning and see if it’s the right fit for your business in this free data sheet.
