Advanced inventory management and order processing for distributors
NetSuite saves time related to data entry, organization and implementation of distribution. Thanks to the system, you can convert potential customers into orders, orders into shipments. You can also turn shipments into revenues without re-entering data into various applications. NetSuite also includes processes related to order processing, packaging and shipping.
The system allows you to improve the accuracy and profitability of inventory by combining item costs with related expenses. This solution enables you to calculate the total cost of unloading, including costs such as shipping or customs duties.
Advanced inventory of many locations for distributors
NetSuite includes advanced tools for accurate, economical inventory management that increase the level of service. The system also handles more complex needs such as multiple location inventory, multiple measurement units, batch tracking, inventory scheduling and specific costs, as well as matrix elements and bar codes.
Container management
Container management features in NetSuite offer improved inventory management in the warehouse. You can receive inventory in the warehouse and place it in your preferred containers in the warehouse shelving system to facilitate their picking at a later stage of the order processing process.
Replenishment of stocks on demand
NetSuite enables dynamic calculation of reorder rates based on historical sales, seasonal demand, and reorder points. Average lead time, historical or seasonal sales demand, and number of days in stock for inventory are used to dynamically set reorder points and preferred inventory levels for each product on an ongoing basis. This ensures that you always have a supply on hand, but it is ordered on time.
Accurate order promises and inventory commitments
NetSuite provides real-time insight into stock availability during pricing and order creation. Thanks to this, it increases the level of services with an exact promise of orders and dates. Stock sales orders are automatically approved from the available inventory. Return orders are automatically required to be processed upon receipt of purchase orders, which ensures processing 'for today'. If necessary, the goods can be manually transferred to various sales orders.
Order management with advanced shipping
Order management features offered by NetSuite provide a critical connection between front-office, CRM and back-office. NetSuite is an application with integrated order management. Integrated shipping allows you to fulfill orders directly by pickup, packaging and shipping or by indirectly dropping shipments by automatically ordering and transporting items from the supplier to the customer.
Integrated authorization of returns management
NetSuite effectively manages the return process and provides full visibility to both you and your customers, enabling you to overcome return problems. Both customer service representatives and customers can generate Return Management Authorization (RMA) forms and send them for approval, simplifying and speeding up the process. If necessary, you can complete the refund process by sending the RMA to your supplier and managing the process.
Real-time access and visibility throughout the company
The NetSuite desktop contains all the key and current data needed to make conscious and good decisions. You will also immediately know if the process has been interrupted, which will allow you to deal with the situation before it affects other aspects of the company's operations, such as customer service and cash flow.
