Oracle NetSuite

Inventory Management: A Smarter Way to Handle Stock and Replenishment

Cut costs, improve efficiency. Prevent stockouts and overstocking by automating reorders and optimizing inventory levels.

Optimize Inventory Levels and Ensure Product Availability

NetSuite Inventory Management provides a single, real-time view of inventory across all locations and sales channels, allowing businesses to reduce inventory on hand to free up cash while avoiding stockouts. By optimizing inventory levels and ensuring product availability across multiple channels, NetSuite Inventory Management helps businesses keep inventory costs low while exceeding customer expectations.

Oracle NetSuite Inventory Management Solution

Purchase Order Management

Managing the entire process of creating, sending, and tracking purchase orders to suppliers. It includes managing vendor relationships, setting reorder points, automating purchase order generation, and ensuring timely delivery of goods.

Sales / Order Fulfillment

Focuses efficiently processing customer orders. It encompasses picking, packing, and shipping products, as well as managing order status and communication with customers.

Unit of Measure Conversion

Allows for the conversion of inventory quantities between different units of measurement (e.g., pieces to cases, kilograms to pounds), crucial for businesses that deal with various units across their supply chain.

Raw Materials Planning

Speeds up production by helping your business optimize stock levels and fine-tune production schedules, and identifying the required raw materials, components, and subassemblies, along with their timing, to assemble finished goods based on demand and BOMs.

Multiple Location Warehouse Fulfillment

Enables businesses to manage inventory across multiple warehouses or locations. It optimizes inventory distribution, tracks stock levels at each location, and facilitates efficient inter-warehouse transfers.

Kitting

Allows for the creation and management of pre-packaged kits or bundles of products. to simplify sales and order fulfillment for items that are frequently sold together.

Lot Tracking

Tracking inventory items by lot or batch numbers which is essential for businesses that need to track product expiration dates, recalls, or quality control.

Back Order Management

Handles situations where customer orders cannot be fulfilled immediately due to insufficient stock. It manages backorders, tracks expected delivery dates, and communicates with customers about delays.

Demand Forecasting

Uses historical data and statistical analysis to predict future demand for products to optimize inventory levels, reduce stockouts, and minimize excess inventory.

Cycle Counting

Maintaining accurate inventory by regularly counting a subset of items instead of performing full physical inventories to improve stock accuracy and reduce discrepancies between physical inventory and system records.

Serialized Inventory / Barcoding

Enables the tracking of individual inventory items with unique serial numbers. Barcoding simplifies inventory management by allowing for quick and accurate scanning of items.

Automatic Restocking

Automates the process of replenishing inventory based on predefined reorder points or minimum stock levels to ensure that stock is always available to meet demand.

Budge Multi-Carrier Shipping vs. Actual

Allows businesses to compare budgeted shipping costs with actual shipping expenses across multiple carriers.

Returns Handling

Manages the process of handling customer returns, including processing returns, restocking returned items, and issuing refunds or credits.

What We Provide

CloudTech Industry Expertise

CloudTech specializes in implementing solutions to different industries, for Wholesale, Manufacturing, Construction and Real Estate, Services, Pharma and Healthcare, Retail and Bank and Finance