Inventory Management & Stock Control
NoBlue helps brands ensure their business operations are running smoothly through inventory management and stock control software.
- Reduce handling costs,
- Increase customer satisfaction,
- Optimise cash flow, Reduce human-error,
- Improve decision-making,
What is the Difference Between Stock and Inventory?
Although both are sometimes used interchangeably, there is a difference in the terms.
Stock refers to the finished goods that are sent out to customers, whereas inventory includes:
- The raw materials required to create a product,
- Built components needed to complete a product,
- Supplies needed to build and maintain the product,
- Products that are completed, packaged and awaiting shipment.
Although two different things, they work together as part of the order fulfilment process. That’s why it’s important to invest in a monitoring system that can keep track of both inventory and stock.
With NetSuite, you can track inventory in multiple locations, manage safety stock, re-order points, cycle counts, demand and distribution planning and so much more.
What are the Benefits of Stock Control and Inventory Management Software from NetSuite?
A System That Has Precisely What You Need
As your provider, we will work with you to understand what business processes are helping your operations, which are holding you back, and any gaps that need to be filled.
From here, we will ensure that your stock and inventory system has the exact functionality you need, and take out any that you don’t.
Software That Grows With Your Business
While software solutions are designed to streamline processes and drive business growth, it’s worthless if you then need to invest in an entirely new system once you’ve outgrown your original solution.
NetSuite runs from one database, meaning you will never outgrow the software – no matter how big your brand gets.
Expert Advice and Assistance
Easy Access 24-Hours A Day
Customisable Dashboards and Automated Reporting
Each team member involved in stock and inventory management can set up their own custom dashboard, organising the metrics they use the most so that they are available in real-time at the click of a button.
Similarly, automated reports can be set up so that they are also generated at the push of a button. Not only does this free up your team members from a time-consuming task, it means that there is always an update on key metrics ready whenever you may need them.
Key Features of NetSuite Stock Control and Inventory Management Software
Perhaps the most simple expectation from customers is that you have the items they want ready for delivery. With NetSuite, you can monitor the historic ebb and flow of customer demand to identify stock requirements at different times throughout the year.
This way, you can better predict what needs to be stocked, at what point in the year, and at which warehouse to ensure consistent customer satisfaction and order fulfilment.
When replenishing stock levels, the software will review real-time stock data and make suggestions on what may need to be replenished. This could act as a safety net in the instance a product or material is low in stock but has fallen through the cracks.
Similarly, the system will notify you when pre-set thresholds have been met to ensure you don’t accidentally over-order a specific product or raw material.
If you store your products in multiple warehouses across the country, or even internationally, the inventory tracking software available with NetSuite provides precision on where your items are, which warehouses are low in stock and which warehouses have excess inventory.
No matter what inventory management system you utilise, or how precise the automated tracking is, it’s best practice to check inventory levels periodically yourself.
With NetSuite, you can upload counts of on-hand item quantities to maintain and improve the accuracy of your solution.
Having the ability to trace products through their entire lifecycle is key for any business, and is a legal requirement in some industries.
Whether you need to track multiple quantities simultaneously (sometimes called batch tracking) or track the serial numbers for single units, NetSuite can capture and identify all related information on each transaction providing full traceability.
Your customer service team can also have access to transaction data, helping them with any customer queries they may be met with.
Why Choose NoBlue As Your Finance Management Software Provider?
We truly believe that the best inventory management software is NetSuite, which is why we work exclusively with this brand. For over twenty years, we have been helping companies across numerous sectors streamline their inventory management processes and automate tasks to save time and increase productivity.
We specialise in the following industries:
- Wholesale & Distribution
- Software & IT
- Professional Services
- Food & Beverage
- Fashion & Apparel
- Manufacturing
- Media & Planning
- Retail
We are fully certified NetSuite Partners and have won numerous awards (including Oracle NetSuite Partner of the Year 2022 for EMEA) over the past two decades. But most importantly, we want to see the brands we work with succeed.
We work closely with our clients to ensure they are upgrading to a system that works for them, will grow with them and be a pivotal tool in driving business growth.
Companies We've Already Helped Upgrade Their Inventory Management Software and Stock Control System
Over the past two decades, we’ve worked with multiple companies to elevate their systems. Some brands we’ve helped upgrade their inventory and stock management software include:
Art Resin EU
We assisted Art Resin EU with its international product distribution throughout Europe.
Brother Max
We helped Brother Max implement a new order and inventory management system from NetSuite.
Leisure Outlet
We worked with Leisure Outlet to streamline their stock and order management processes.