NetSuite provides intelligent control over inventory replenishment, helping ensure that you have enough on hand to fill anticipated orders, while keeping excess stock to a minimum. Average lead time, historical or seasonal-based sales demand, and number of days’ supply to stock are used to dynamically set reorder points and preferred stock levels for each item, on an ongoing basis. You can always override or disable these calculations for individual items to handle atypical circumstances. You set up the rules, NetSuite runs the numbers - the end result is a dynamic ordering queue in which you can order all your inventory items with one click and get what you need, when you need it.
NetSuite offers units of measure capabilities combined with quantity-based pricing, allowing you to offer flexibility in volume pricing and better control your restock levels. Units are also reflected in your sales and inventory reports, so that you can analyze which units have the highest sell-through rates, and later adjust your pricing, production and stock levels to maximize revenue.
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