Inventory Management
Multiple Units of Measure
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Lean-and-mean wholesale distribution requires a number of key practices, including just-in-time inventory and delivery, as well as support for multiple units of measure.
With NetSuite software for wholesale distribution, you can buy or sell in different units of measure, as required by your specific company or industry needs. But you don't have to create any complex mathematical equations. Instead, NetSuite handles it for you, giving you the confidence that each sales order will have the appropriate units, sizes and prices.
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- Manage multiple units of measure for selling, buying, and costing each item across various sales channels, including your Web site, retail stores, partner or wholesale channels. Additionally, you can more closely track inventory costs and increase profitability.
- Be confident in the accuracy of your invoicing. With NetSuite, you're always doing business in the right units. Consequently, you can count on prompter payment from customers.
- You can validate purchase order costing, because now you're matching your deliveries to vendors' exact requirements.
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- Sell, stock and purchase items in multiple units of measure. For example, you might sell a particular item in boxes, stock it in singles, and buy it in cases. With NetSuite, you designate how you stock, sell and buy each unit.
- Eliminate the need to run complex mathematical equations. With NetSuite, inventory and sales values will be properly calculated automatically.
- Stock counting capabilities let you tally stock more accurately, because inventory information is updated regularly.
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