Improve forecasting accuracy and inventory visibility
Business leaders tend to be laser-focused on revenue growth, and understandably so, but overlooking excess costs can make a serious dent in profitability. Excessive safety stock, slow-moving inventory, inadequate tools for planning, poor forecasting, and flawed order management processes are all causes of excess carrying costs.
View this on-demand product demo webinar to understand how NetSuite Inventory Management helps businesses take control of their carrying costs by:
- Adopting demand-based replenishment.
- Dynamically managing item reorder points and maintaining preferred stock levels.
- Ensuring inventory visibility across all channels and locations.
- Transferring items between locations.
- Alternate fulfillment options.