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NetSuite ERP REVIEW

Inventory Management Software

No user reviews
USER SATISFACTION 100%
OUR SCORE 9.6

What is NetSuite ERP?

NetSuite ERP’s Inventory Management helps in keeping you on top of your inventory, especially in multiple locations. With various tools native to NetSuite ERP, its Inventory Management functionality allows you to track the number of resources in different locations and ensure that you have enough amount of supplies in stock to meet order demands, as well as supplies needed within the organization.

As a key module to what is labeled a top financial management solution software used by progressively growing mid-sized and large businesses around the world, NetSuite’s Inventory Management focuses on streamlining your supply chain along with your other financial management operations. Its comprehensive and automated solutions cover front- to back-office processes from planning your supply chain to keeping a detailed and organized record of every item in your warehouses regardless of number and location.

Planning your supply chain is easier with NetSuite’s advanced inventory management and demand planning strategies, both of which are designed to help you make data-driven decisions and ensure that there is a balance between supply and demand.

You can also calculate demand and make predictions by using NetSuite’s Demand Planning module, which analyzes historical data and generates forecasts based on weekly or monthly records. You can choose how to forecast demand based on order trends using moving average, linear regression, or seasonal average calculations. Once demand planning is set, the process of supply planning starts and you can set the method you would like to use to determine the volume of orders based on purchase, work, and transfer orders in the record.

On top of automated supply and demand planning, you can also customize your warehouses’ parameters to ensure that your inventory continues to meet both external and internal demands.

Overview of NetSuite ERP Benefits

NetSuite’s Inventory Management module comes with a number of advantages that help in inventory optimization, giving you visibility of your supply chain, as well as keeping accurate records necessary for financial reports:

Inventory Replenishment

Good inventory management involves keeping up to date with the amount of inventory on a regular basis. While this can be tedious and even grueling work, NetSuite offers tools that give you visibility of every inventory within the organization, and automatically calculate key factors and settings such as preferred stocking levels, lead-times and re-orders points, and even with suggestions relevant to the items in the list.

Cycle Counting

NetSuite’s Inventory Counting plays an important role in keeping your inventory count organized by automatically separating supplies in different categories, such as transaction values, volumes, etc. This feature also includes keeping an accurate record of inventory counts, as well as reminders of when items should be counted.

Inventory Tracking

With NetSuite’s inventory management feature, you can keep track of your product’s life cycle at every stage and all information relevant to each, including transactions. With complete visibility and control of inventory, you can use this feature in lot tracking, serial tracking, and enforcing total traceability of the items in your inventory.

Warehouse Management

NetSuite is equipped with unique capabilities that enable you to track inventory in more than one location. One way of effectively utilizing this feature is by customizing your inventory tracking. You can define inventory locations first, then break each down into bins or containers, and each bin down to the type of item stored in it.

Overview of NetSuite ERP Features

  • Complete Inventory Visibility
  • Analyze Historical Demand
  • Incorporate Sales Forecasts
  • Update by CSV Import or Web Services
  • Analyzes Planned vs Actual Orders
  • Multi-Location Supply Planning
  • Vendor Management
  • Simple Order Generation
  • Workflow Approval
  • Vendor Performance Tracking
  • In-transit Inventory Tracking
  • Inter-company Ready
  • Easily Update Statuses
  • Lot and Serial Traceability
  • Multi-Location Warehouse Tracking
  • Bin Tracking
  • Constraint Management
  • Global Availability
  • Device and browser agnostic
  • Real-time collaboration
  • Real-time integrations to other systems
  • SuiteTalk Web Services
  • RESTlet Framework
  • Work Order Repair
  • Centralized Container Tracking Record
  • Update/Receive All POs
  • Landed Cost Calculation
  • Enforce Full Traceability
  • Full Automation Possible

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NetSuite ERP Position In Our Categories

NetSuite ERP is also listed in the following subcategories:

Category:Position:Category:Position:
Inventory Management Software#1
Category:Position:
Inventory Management Software#1

Every company has its own characteristics, and may call for a special Inventory Management Software solution that will be designed for their business size, type of clients and employees and even individual industry they deal with. It's not wise to count on finding an ideal software that is going to be suitable for each business no matter what their history is. It may be a good idea to read a few NetSuite ERP reviews first and even then you should pay attention to what the software is supposed to do for your company and your staff. Do you need a simple and straightforward solution with only basic features? Will you really make use of the complex tools needed by experts and large enterprises? Are there any specific features that are especially practical for the industry you operate in? If you ask yourself these questions it is going to be much easier to get a trustworthy service that will match your budget.

How Much Does NetSuite ERP Cost?

NetSuite ERP Pricing Plans:
Free trial
QUOTE-BASED PLAN
Contact vendor

NetSuite ERP is available on by quote basis. Please contact the vendor directly to get a customized quote for your company. NetSuite ERP’s enterprise pricing is based on modules, number of users per month, and add-ons.

User Satisfaction

We realize that when you make a decision to buy Inventory Management Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and NetSuite ERP reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with NetSuite ERP. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

POSITIVE SOCIAL MENTIONS

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NEGATIVE SOCIAL MENTIONS

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Technical details

Devices Supported
  • Windows
  • Android
  • iPhone/iPad
  • Mac
  • Web-based
Language Support
  • English
  • Chinese
  • German
  • Japanese
  • Spanish
  • French
  • Russian
  • Italian
  • Dutch
  • Portugese
  • Polish
  • Turkish
  • Swedish
Pricing Model
  • Monthly payment
  • Quote-based
Customer Types
  • Small Business
  • Large Enterprises
  • Medium Business
Deployment
  • Cloud Hosted
  • Open API

What Support Does This Vendor Offer?

  • EMAIL
  • PHONE
  • TRAINING
  • TICKETS

What are NetSuite ERP pricing details?

NetSuite ERP Pricing Plans:
Free trial
QUOTE-BASED PLAN
Contact vendor

NetSuite ERP is available on by quote basis. Please contact the vendor directly to get a customized quote for your company. NetSuite ERP’s enterprise pricing is based on modules, number of users per month, and add-ons.

What integrations are available for NetSuite ERP?

NetSuite ERP’s inventory management can integrate with your existing CRM and web investments, such as:

  • NetSuite CRM
  • NetSuite Ecommerce
  • NetSuite Professional Services Automation (PSA)
  • Boomi AtomSphere
  • Salesforce
  • Actian
  • Cast Iron Systems
  • Celigo
  • Informatica Cloud
  • Jitterbit Harmony
  • Google Apps

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