NetSuite demand planning capabilities enable best-in-class inventory management and lean business operations. Purchasing and inventory managers can calculate demand based on historical data, sales forecasts, average trends and seasonal fluctuations. NetSuite demand planning gives you full flexibility and control in setting timeframes, preferred stock levels and other parameters, while offering built-in functionality to help you streamline and automate select tasks. Close the loop by generating supply plans, creating and executing purchase and work orders seamlessly.
Calculate demand projections based on projection methods that consider historical data, sales forecasts, average trends and seasonality.
Model expected sales and purchase orders to see the impact to future inventory levels.
Leverage MRP parameters, such as forecast consumption, lot sizing methods including periods of supply, demand and planning time fences to calculate a supply plan with recommended purchase and work orders as well as rescheduling in/out and cancellation alerts.
Plan inventory levels across multiple retail, distribution and production locations using networks that transfer stock in a timely manner.
Gain real-time visibility into item availability to determine projected ship dates for fulfilling customer orders.