Modules

NetSuite Advanced Inventory Management

NetSuite Advanced Inventory Management provides a robust and comprehensive solution designed to meet the complex inventory needs of businesses operating across multiple locations. By leveraging real-time data and advanced forecasting tools, this module helps businesses maintain optimal stock levels, minimize costs, and enhance customer satisfaction.

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Business Benefits of NetSuite Advanced Inventory Management

TextNetSuite Advanced Inventory Management provides a robust and comprehensive solution designed to meet the complex inventory needs of businesses operating across multiple locations. By leveraging real-time data and advanced forecasting tools, this module helps businesses maintain optimal stock levels, minimize costs, and enhance customer satisfaction. Key business benefits include:

  • Tightened Inventory Control: NetSuite Advanced Inventory Management provides a single, real-time view of items, inventory, and orders across all selling channels. This comprehensive visibility allows businesses to manage inventory more effectively, reducing errors and ensuring that stock levels are optimized across all locations.
  • Cost Reduction: By streamlining procurement, warehousing, shipping, and fulfillment processes, businesses can significantly cut operational costs. The module's advanced features, such as demand-based inventory replenishment and landed cost allocation, help in managing expenses more efficiently and reducing unnecessary spending.
  • Enhanced Customer Satisfaction: With tools designed to eliminate stock-outs and speed up deliveries, NetSuite ensures that customers receive their orders accurately and on time. This reliability boosts customer satisfaction and fosters loyalty, driving repeat business.
  • Real-Time Monitoring and Improvement: Continuous monitoring of inventory performance through real-time dashboards and analytics enables businesses to make informed decisions and implement improvements swiftly. This proactive approach helps in maintaining high operational standards and addressing issues before they escalate.
  • Optimized Stock Levels: Advanced forecasting and demand planning capabilities allow businesses to maintain the right amount of stock needed to meet demand without overstocking. This balance reduces carrying costs and minimizes the risk of obsolescence, ensuring that capital is not tied up unnecessarily in inventory.
  • Unified Solution: NetSuite integrates inventory management with other critical business processes such as sales, purchasing, and financials. This unification ensures that all data is consistent and accessible in one place, enhancing coordination and reducing the need for disparate systems.
Client Success
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Sabbel Foods NetSuite Implementation StoryBoosted Boards NetSuite Implementation StoryKasa Living NetSuite Implementation StoryLeanTaas NetSuite Implementation StoryApex Auto NetSuite Implementation StoryHDMI NetSuite Implementation StoryLogikul NetSuite Implementation StorySoftIron NetSuite Implementation StoryPGM of Texas NetSuite Implementation StorySWIR Vision Systems NetSuite Implementation StorySabbel Foods NetSuite Implementation StoryBoosted Boards NetSuite Implementation StoryKasa Living NetSuite Implementation StoryLeanTaas NetSuite Implementation StoryApex Auto NetSuite Implementation StoryHDMI NetSuite Implementation StoryLogikul NetSuite Implementation StorySoftIron NetSuite Implementation StoryPGM of Texas NetSuite Implementation StorySWIR Vision Systems NetSuite Implementation Story
Sabbel Foods NetSuite Implementation StoryBoosted Boards NetSuite Implementation StoryKasa Living NetSuite Implementation StoryLeanTaas NetSuite Implementation StoryApex Auto NetSuite Implementation StoryHDMI NetSuite Implementation StoryLogikul NetSuite Implementation StorySoftIron NetSuite Implementation StoryPGM of Texas NetSuite Implementation StorySWIR Vision Systems NetSuite Implementation StorySabbel Foods NetSuite Implementation StoryBoosted Boards NetSuite Implementation StoryKasa Living NetSuite Implementation StoryLeanTaas NetSuite Implementation StoryApex Auto NetSuite Implementation StoryHDMI NetSuite Implementation StoryLogikul NetSuite Implementation StorySoftIron NetSuite Implementation StoryPGM of Texas NetSuite Implementation StorySWIR Vision Systems NetSuite Implementation Story

Feature & Function Sets of NetSuite Advanced Inventory Management

NetSuite Advanced Inventory Management equips businesses with the tools needed to optimize inventory levels, streamline operations, and improve overall business performance. By leveraging these advanced features, businesses can achieve greater inventory control, reduce costs, and deliver exceptional service to their customers.

Demand-Based Inventory Replenishment

Dynamic Reorder Points: Automatically manage item reorder points and preferred stock levels based on average lead time, historical sales data, seasonal demand, and days’ supply to stock. This dynamic approach ensures that inventory levels are always aligned with actual demand.


Real-Time Alerts: Set real-time alerts for stock levels that fall below predefined thresholds, enabling prompt action to replenish inventory and avoid stock-outs.


Avoid Stock-Outs: Ensure continuity of supply and customer satisfaction by maintaining adequate stock levels to meet demand consistently.

Inventory Control and Visibility

Real-Time Visibility: Gain comprehensive, real-time visibility into inventory levels across multiple locations and channels, facilitating better decision-making and accurate tracking of stock movements.


Matrix Item Management: Efficiently manage products that come in various colors, sizes, and styles by using matrix items, simplifying SKU creation, and pricing.


Serialized and Lot Management: Track individual items through serialized inventory management and manage groups of items through lot management, ensuring full traceability and quality control.


Bin Management: Organize warehouse space effectively by using bin management to track the exact location of items, optimizing storage and retrieval processes.


Printable Barcodes and Labels: Enhance tracking and accuracy by printing bar codes and item labels that include transaction numbers on sales orders, packing slips, and invoices.

Automated Cycle Counting

Smart Count: Automate cycle counting with NetSuite Smart Count, which monitors transactions during the counting process and alerts counters to any activity that may affect the count’s accuracy.


Periodic Inventory Counts: Schedule and perform regular inventory counts to automatically calculate on-hand quantities at any location, maintaining inventory accuracy and integrity.

Inventory Process Management

Return Merchandise Authorization (RMA): Streamline the process of handling returns, warranty claims, and product defects with an efficient RMA system that manages refunds, repairs, or replacements.


Pick, Pack, and Ship Management: Optimize order fulfillment processes in high-volume environments by efficiently managing the pick, pack, and ship stages, ensuring timely and accurate deliveries.

Landed Cost

Precise Cost Tracking: Allocate landed costs accurately based on weight, value, or quantity, providing a precise understanding of the total cost of inventory and enhancing financial control.

Real-Time Dashboards and Analytics

Comprehensive Monitoring: Utilize real-time dashboards and analytics to continuously monitor inventory performance, identify trends, and make data-driven decisions.


Performance Improvement: Leverage insights gained from real-time data to implement continuous improvements in inventory management processes, enhancing overall operational efficiency.

NetSuite Frequently Asked Questions

What is the NetSuite ERP system used for?

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The NetSuite ERP System is a cloud-based business management software suite that enables companies to manage their financials, operations, and customer relations in one centralized system.

Is NetSuite a CRM?

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NetSuite ERP includes a CRM module that gives companies a 360-degree view of their customers.

Is NetSuite an ERP?

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NetSuite is an ERP system that integrates all core business processes, including accounting, inventory management, order management, and shipping.

How is the NetSuite ERP Solution different from Salesforce?

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NetSuite ERP is a business management software suite that includes CRM, ERP, and ecommerce capabilities. Salesforce is a CRM software that provides sales and marketing automation capabilities.

What are the benefits of using the NetSuite ERP Solution?

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The benefits of using NetSuite ERP include:

Real-time visibility into your business: NetSuite ERP provides real-time visibility into your financials, operations, and customer relations.

A single system of record: NetSuite ERP consolidates data from multiple subsidiary companies into one centralized system.

Improved efficiency and reduced costs: NetSuite ERP automates key business processes, such as accounting, order management, and shipping.

Improved customer satisfaction: NetSuite's 360-degree view of the customer allows companies to provide better customer service.

What industries is NetSuite best for?

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NetSuite is best for companies in industries that require a robust ERP system, such as manufacturing, wholesale distribution, and ecommerce. It is also well-suited for companies that are doing business in multiple countries.

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NetSuite professional services are a suite of services that help businesses get more out of their investment in the NetSuite software. Our team of experts can help with everything from project planning and solution design to deployment and support. We have the experience and expertise to help you make the most out of your NetSuite system.

What do NetSuite professional services include?

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The list of services included in our professional offering varies depending on your specific needs, but typically includes project planning, solution design, deployment, configuration, training, support, and ongoing managed services.

How can NetSuite professional services help my business grow?

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One of the main benefits of partnering NetSuite professional services provider like CEBA Solutions is that our team can work with you to map your current business processes and find areas where NetSuite can help improve efficiency or automation. We can also review your current configuration and settings to identify any areas where you could be getting more out of the system.

Who should use NetSuite professional services?

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Any business that is using, or considering using, NetSuite should consider our professional services. Our team can help ensure that you are getting the most out of your investment in NetSuite.

How much do NetSuite professional services cost?

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The cost of our professional services varies depending on the scope and complexity of the project. Contact us today for a custom quote based on your specific needs.

What is the difference between NetSuite implementation and professional services?

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NetSuite implementation services are focused on helping you get your system up and running. Once the system is live, our professional services team can help you optimize your use of NetSuite and ensure that you are getting the most out of the software. At times you may find you require additional support even after the initial NetSuite implementation is completed, and that’s where our professional services team comes in.

If you have any questions about our NetSuite professional services, or would like to learn more about how we can help your business, please contact us today.

What is a NetSuite health check?

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A NetSuite health check is an assessment of your current use of the software. The goal is to identify any areas where you could be getting more out of the system. Our team will review your configuration, settings, data, and processes to make sure that you are using all of the features and functionality that NetSuite has to offer in the most efficient way possible.

What is a NetSuite upgrade?

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A NetSuite upgrade is the process of upgrading your system to the latest version of the software. Our team can help you plan and execute your upgrade, and ensure that all of your data and customizations are carried over to the new version. We will also test your upgraded system to make sure that everything is working as it should be.

Do you offer NetSuite training?

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Yes, we offer both on-site and online training for NetSuite users. Our training courses are designed to help users get up to speed quickly on how to use the software, and cover all of the key features and functionality. We can also tailor our training courses to your specific needs.

Does CEBA Solutions offer NetSuite support?

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Yes, we offer both on-site and remote support for NetSuite users. Our team of experts can help with everything from troubleshooting errors to providing best practices advice. We also offer a range of managed services packages that provide ongoing support and maintenance for your NetSuite system.

Do you offer custom NetSuite solutions?

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Yes, our team can develop custom solutions for NetSuite that are tailored to your specific needs. We have a deep understanding of the software and how it can be customized to suit different businesses.

How can I learn more about NetSuite?

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Visit our blog for the latest news and tips on NetSuite, or check out our library of resources where you can find helpful guides and white papers on a range of topics. You can also sign up for one of our free webinars to get a closer look at how NetSuite works.

What are NetSuite Managed Services?

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NetSuite Managed Services provide ongoing support and maintenance for businesses using NetSuite. These services include system monitoring, user support, troubleshooting, customization, and optimization to ensure that NetSuite is functioning at its best and meeting the needs of the business.

How does NetSuite help with inventory management?

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NetSuite's inventory management system provides real-time visibility and control over inventory levels, tracking, and supply chain operations. This allows businesses to optimize inventory levels, reduce stockouts, and improve supply chain efficiency.

What is an ERP system?

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An Enterprise Resource Planning (ERP) system is a software solution that integrates various business processes and operations into a unified system. This includes functions such as finance, accounting, inventory management, human resources, and more.

What are consultancy services in relation to NetSuite?

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NetSuite consultancy services provide expert guidance and support for businesses using NetSuite. This includes implementation and customization of the system, training and support for users, and ongoing optimization to ensure that NetSuite is meeting the specific needs of the business.

Is NetSuite a good software solution?

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NetSuite is a cloud-based software solution that provides a comprehensive suite of business management tools, including financial management, inventory management, supply chain operations, customer relationship management (CRM), and more.

Is NetSuite a good Business Management System?

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NetSuite provides a unified management system that integrates various business processes and operations into a single system. This allows for streamlined operations, real-time visibility, and improved efficiency.

What is an ERP vendor?

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An ERP vendor is a company that provides Enterprise Resource Planning (ERP) systems, such as NetSuite, to businesses. These vendors provide software solutions, implementation and customization services, ongoing support and maintenance, and other services to ensure that the ERP system is meeting the needs of the business.

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