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Challenges faced when managing inventory range from either having too much stock you can’t sell, needing more stock to fill orders, or needing to know what you have in stock and where it is.

Oracle NetSuite Inventory management helps businesses order what, when, and how much of a material or product they need. It tracks goods from when they are purchased until they are sold. The process identifies and responds to trends in ensuring a sufficient stock to fulfil customer orders and that a shortage is detected promptly.

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Benefits of Implementing
Oracle NetSuite Inventory Management System

Features of
Oracle NetSuite Inventory Management System

Oracle NetSuite Inventory Management minimizes manual processes by automatically tracking inventory levels, orders and sales throughout the inventory life cycle, and provides clear visibility into any inventory liabilities.

Multi-location Fulfilment

Predefined fulfilment rules eliminate multiple shipments per order, thereby reducing shipping costs. With stock visibility across all locations, you can proactively monitor stock levels to ensure availability and reduce obsolete inventory.

Cycle Counting

Oracle NetSuite Smart Count automates inventory counts to improve management efficiency and accuracy. The inventory count commences with the number of each item in stock. You'll be notified of any abnormal activity during counting.

Replenishment

Seasonality and product life cycles must be considered to maintain stock and demand equilibrium. Using demand-based replenishment, Oracle NetSuite generates tasks and alerts to manage item reorder points and preferred stock levels dynamically.

Traceability

As items are purchased and manufactured, their quantity and cost are recorded using lot numbers. Inventory serialisation allows you to select a specific item for an order. This provides fulfilment strategies to minimise waste and maximise inventory utilisation.

Item Visibility

Putting all item information in one location facilitates inventory planning and management. Pack with 360 displays, user-selected KPls, inventory counts by location, estimated stock levels, and alerts for shortages or overstocks.

Automate inventory management, reduce handling costs, optimize cash flow

Customer Success Story

Why Choose Shearwater Asia

Shearwater Asia is your trusted, Chinese, English, Korean, and French consulting partner for implementing cloud technologies in your Asian business. Our multilingual team (Japanese) offers top-notch customer support to resolve any issues and provide actionable solutions promptly.

Our experienced consultants have a proven track record of over 200 successful financial planning and analysis implementations, providing tailored solutions to meet clients’ specific needs and objectives.

Information

Shearwater Asia has grown rapidly as the leading financial digital transformation consultant in the ASEAN and Asia Pacific regions, with clients in Singapore, Malaysia, Indonesia, Thailand, Vietnam, Japan, China, Taiwan, and South Korea.

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Oracle NetSuite Inventory Management System