Planning your supply chain is a delicate process of trying to balance demand and supply, potentially across the globe, in a way that provides your company with the right combination of cost control, lead times and service level. NetSuite uses advanced inventory management and demand planning techniques to help you make the right decisions and increase your on time delivery metrics. Each location where you store inventory can be set up with unique parameters to deliver unprecedented control over your supply chain.
Barcode scanners have been used for many years to gather information from the production facility and warehouse but this critical area is often left to third parties. Advanced Manufacturing has a native barcoding application that will run on any device with a browser and will help streamline the collection of the most common transactions including labor tracking, work order completions, material movements, PO receipts and shipping. All native shop floor facing reports can be printed with barcodes to ensure data accuracy.
NetSuite’s Demand Planning module offers several ways to calculate and predict demand based on historical demand, open opportunities and / or manually entered or imported sales forecasts. Whether you want the system to review monthly or weekly demand and generate forecasts using moving average, linear regression or seasonal average calculations you will have the ability to review and edit the forecasted demand before proceeding to supply planning. Optionally you can have the system create demand based on sales forecasts.