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Inventory
Management: Keeping inventory costs down is crucial
to competitive advantage. NetSuite helps companies slash inventory
costs by providing tighter control of stock levels. NetSuite
allows you to set complex pricing rules based on individual
customers, item variations, volume and more. And since inventory
features are integrated with customer relationship management
(CRM) features, your customers, sales representatives and partners
can view updated inventory levels on your Web store. |
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| INVENTORY MANAGEMENT FEATURES: |
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Customer
and Volume Pricing: With NetSuite, you
can assign different prices for different types of customers.
You can also assign different prices for wholesale,
retail or online sales.
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Multi-currency
Pricing: NetSuite's multi-currency capabilities
let you set prices in each of the foreign currencies in
which you trade. When you create orders or invoices for
your foreign customers, NetSuite will automatically select
the correct currency and price, saving you valuable time.
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Integrated
Inventory: When creating new inventory items,
you can define their Web characteristics, such as pricing,
captions, images and more. Sales representatives and partners
have full views into inventory levels. Plus, orders from
the Web, retail or sales organisation, will automatically
be reflected in inventory levels.
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Multi-location
Inventory: NetSuite enables you to manage
inventory in multiple locations. As you enter purchase
and sales transactions, you can choose the warehouse location
that will receive or fulfill the order. Inventory reports
allow you to view information about your total inventory
on hand, or just the inventory level at a specific location.
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Matrix
Items: You can handle various combinations
of the same item, enabling different values for characteristics
such as pricing, inventory status, and description. NetSuite
gives your customers and sales representatives the ability
to identify item combinations more quickly. As a result,
you can meet the varying demands of your customer base
more easily.
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Multiple
Units of Measure: With NetSuite, you can
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.
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Lot
Numbers:
A complete history for each lot number is maintained through
the product's life cycle. You can also assign an expiration
date to each lot number and enter notes about it. Lot
items track the specific cost for each lot as products
are bought and sold and lot numbers must be entered when
building or receiving a lot into inventory, and when fulfilling
orders for a lot item. You can even set up a warning to
let you know when an item you're fulfilling is about to
expire. And NetSuite's sophisticated transaction search
functionality makes it simple to view the entire history
of a lot as it moves through your system and to customers,
making recall warnings extremely easy to handle.
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- Inventory Commitment
- Inventory Bulk Ordering
- Special Orders
- Serialised Inventory
- Assemblies and Kits
- Inventory Profitability Analysis
- Support for Non-Serialised Items
- Graphical Views of Inventory Levels
- Barcode Printing
- Price Protection
- Lot Tracking
- Support for Matrix Items and Item Images
- Item Upgrades/Downgrades
- Multi-level Categories
- Item Code Aliases, Profiling and Grouping
- Warehouse Management
- Audit Trail for Inventory Adjustments
- Stock Transfer
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