NetSuite Supply Chain Management Module Overview
NetSuite's supply chain management module provides businesses with a comprehensive solution to manage their supply chain operations. It offers a range of features including inventory management, order management, procurement, and warehouse management.
The module enables businesses to streamline their supply chain operations by automating key processes such as purchasing, receiving, and fulfillment. It also provides real-time visibility into inventory levels, helping businesses optimize their stock levels and reduce inventory carrying costs.
The supply chain management module is integrated with other modules within the NetSuite system, such as accounting and CRM, providing a comprehensive solution for businesses. It also offers customizable dashboards and reports, providing real-time visibility into supply chain performance.
Inventory Management
You can track and manage inventory levels, locations, and movements with Netsuite SCM functionality. With NetSuite's inventory management feature, you can set reorder points, track stock levels in multiple warehouses, and monitor inventory turnover. The system also allows for tracking of inventory by serial or lot number, and supports inventory assembly and disassembly.
Purchase Order Management
Create, track, and approve purchase orders, and manage supplier relationships. NetSuite's purchase order management feature enables users to create purchase orders, track the status of purchase orders, and receive goods against purchase orders. The system also allows for the management of supplier information, including contact details, lead times and payment terms. This feature also allows you to track and manage any changes made to the purchase orders and generate reports on purchase order history.
Sales Order Management
Create, track, and fulfill sales orders, and manage customer relationships. NetSuite's supply chain management and sales order management feature allows users to create and track sales orders, manage customer information, and fulfill orders. The system also allows for order tracking, invoicing and shipping, and generates reports on sales history. This feature can also help you to manage and track the delivery schedules, invoices and payments, and even handle returns and exchanges.
Warehouse Management
Track and manage warehouse operations, including receiving, putaway, picking, packing, and shipping. NetSuite's SCM warehouse management feature enables users to track inventory levels, manage warehouse operations, and create shipping labels. The system also supports barcode scanning, RFID tracking, and integration with third-party warehouse management systems. This feature can also provide real-time visibility of the inventory, enabling better decision making and optimization of the warehouse operations.
Demand Planning
Forecast demand for products and manage inventory levels to meet that demand. NetSuite's demand planning feature allows users to forecast demand for products based on historical sales data, current trends, and external factors. The Netsuite Supply Chain Management system also allows for the creation of purchase orders, production plans, and transfer orders to ensure that inventory levels are sufficient to meet demand. This feature can also help you to identify potential overstocking or stock-outs and make necessary adjustments.
Production Planning
Plan and schedule production runs and manage production resources using Netsuite SCM. NetSuite's production planning feature enables users to plan and schedule production runs, manage production resources, and track production progress. The system also allows for tracking of production costs, inventory usage and machine usage. This feature can also help to optimize the production schedule, reduce lead times and increase efficiency.
Transportation Management
Plan and execute transportation logistics and manage carrier relationships use the Netsuite SCM module. NetSuite's transportation management feature enables users to plan and execute transportation logistics, track the status of shipments and manage carrier relationships. The system also allows for the calculation of shipping costs, creation of shipping labels and integration with third-party shipping providers. This feature can also help you to optimize the delivery routes and reduce transportation costs.
Costing
Track and manage costs associated with supply chain operations, including materials, labor, and overhead. NetSuite's supply chain management costing feature allows users to track and manage costs associated with supply chain operations, including materials, labor, and overhead. The system also allows for the calculation of landed costs, which includes the cost of goods, freight, duties, and other expenses. This feature can help you to identify the most cost-effective suppliers, products and routes, and make informed decisions.
Reporting and Analytics
NetSuite's reporting and analytics feature provides insights into supply chain performance metrics. The feature allows you to generate reports and perform analysis on supply chain performance metrics, including inventory turnover, purchase order lead time, and transportation costs. The system also allows for the creation of custom reports and the ability to drill down into specific data points for further analysis.
Access supply chain management functionality on mobile devices. NetSuite's mobile access feature allows users to access supply chain management functionality, such as inventory levels, sales orders, and purchase orders, on mobile devices. This feature enables users to stay connected and make decisions while on the go, making it easier to manage and monitor the supply chain operations. For example, you can use the mobile app to check the inventory levels of a product, create a purchase order, or approve a sales order while you are away from your desk.
