Demand Planning Software

NetSuite is a cloud based software solution that allows you to bring together all of your key business processes such as your accounts, customer management, eCommerce and stock management into one, easy to use piece of software.

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Effectively Meet Anticipated Demand For Goods

The tools included with NetSuite Demand Planning help optimise inventory levels, cut costs and boost productivity.

More productive business

NetSuite Demand Planning enables businesses to effectively meet anticipated demand for goods, something that is a vital part of a strong inventory management procedure. If firms are not able to do this, they may frequently find themselves carrying either too little or too much stock for current conditions.

What this means is companies can end up spending more than necessary on expedited and emergency shipments to replenish their inventory quickly, or have a large amount of capital tied up in excess stock. Therefore, solutions to make the processes of balancing inventory levels with expected demand easier will be crucial not only to making your business more productive, but also keeping customers satisfied.

 

Forecasting flexibility

With the tools included in the NetSuite Demand Planning module, you can use historical data, trends and sales forecast information to predict future demand for inventory and plan accordingly, incorporating preferred stock levels. The plans this generates are calculated on a per-location business to take into account projected demand in a given area.

Improved replenishment

This information will allow you to streamline your replenishment processes, using a list of recommended purchase orders based on parameters you set in the item record. The supply plan can include preferred vendors on the purchase order and also automatically calculate ordering requirements.

 

Model your inventory levels

A key feature of NetSuite Demand Planning is the Gross Requirement Inquiry, which can accurately model how expected sales and purchase orders will affect future inventory levels. This is essential in allowing firms to understand the impacts of different levels of demand on all aspects of their business.

 

Key benefits
  • Increased top-line revenue
  • Reduce costs for inventory
  • Optimise stock levels
  • Boost productivity
  • Automatically generate work or purchase orders
  • Model how predicted sales will affect future inventory needs

Explore NetSuite products that can fit your company.

For a number of years, we have been working with clients in a variety of sectors to develop their tailored solutions and manage their NetSuite implementations. Whether your focus is on accountancy, customer service, sales or stock levels, we can devise a solution to help run your business efficiently.

Get in touch with our team of NetSuite experts.

Our dedicated NetSuite team are always on hand to answer any queries you have.