Since version 11, NetSuite provides intelligent control over inventory replenishment, helping ensure that you have enough quantity on hand to fill anticipated orders, but keep excess stock to a minimum.
Average lead time, historical or seasonal-based sales demand, and number of days’ supply to stock are used to dynamically set reorder point and preferred stock level for each item, on an ongoing basis. You can always override or disable these calculations for individual items, to handle atypical circumstances.
You set up the rules, NetSuite runs the numbers and the end result is a dynamic ordering queue, where you can order all your inventory items with one click and get what you need, when you need it.
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