Industry-Specific Functionality for Wholesale and Distribution
NetSuite's robust platform presents an extensive array of features tailored to meet the unique challenges faced by businesses in this sector, including heightened competition, the drive towards digitalization and automation, and increasing customer demands.
ERP Solutions for Wholesale and Distribution
To enhance supply chain efficiency, NetSuite provides dedicated portals for suppliers, customers, and sales partners, thereby optimizing the entire distribution process.
NetSuite is engineered to grow alongside your business, adapting to evolving needs over time. It offers flexible standard tools for system customization and integration with other systems, ensuring comprehensive support for all business processes. NetSuite's features streamlines and automates processes, reduces costs, and boosts productivity.
Specialized Modules for Wholesale and Distribution:
Finance and Reporting: NetSuite's finance module, specifically designed for wholesalers and distributors, includes sophisticated accounting, planning, and reporting features. It encompasses real-time financial analysis, automated billing processes, and extensive accounting capabilities.
Procurement: This module effectively manages supplier relationships and agreements. It automates and streamlines purchasing processes while maintaining control and analytical capabilities over costs, including real-time tracking of open orders and supplier follow-up delays.
DRP/MRP Planning: Ensures optimal inventory availability in terms of quantity and timing, enhancing the delivery process and minimizing inventory-related capital expenditure.
WMS Warehouse and Logistics: This system offers advanced inventory management features, enabling efficient tracking and management of inventory across multiple warehouses. It supports traceability requirements such as batch/serial numbers and expiry dates. The WMS module facilitates mobile management of warehouse processes through barcode scanning, optimizing warehouse operations in real-time and reducing errors.
QMS Quality Control: Establishes and manages inspection plans, streamlining the quality control process. Enables mobile quality checks using tablets, with camera functionality to document deviations. It also supports the generation and printing of Certificates of Analysis (CoA) for relevant customers and items.
Order Management: This system streamlines the process from quotation to order to billing. Automation and control of the order entry process reduce manual errors, ensuring swift and accurate operations. The module effectively manages complex pricing and discount structures, enhancing customer satisfaction.
CRM: Provides an integrated solution for managing the entire customer lifecycle, encompassing CRM, marketing, and customer support.
Integration with 3PL Platforms: NetSuite offers pre-built integrations with leading e-commerce platforms, facilitating seamless online sales. It supports all sales channels while maintaining consistency across all business processes on the same platform.
Key Features
- Real-time accounting
- All reporting in real-time (income statement, balance sheet, inventory valuation, etc.)
- All reporting with historical dates
- Bank payments via file
- Account reconciliation via file
- Invoice scanning
- Asset register
- Group accounting, consolidation, foreign subsidiaries with different currencies
- Reorder point
- Purchase to Order (PTO)
- Incoming container management
- Quotation management
- Contract management
- Call-off orders
- Return to supplier
- Global supplier register (multi-subsidiary)
- Net requirement planning of items (MRP, DRP)
- Order suggestions considering lead times, batch formation rules, ordering criteria, etc.
- Create purchase and internal transfer orders
- Warehouse optimization
- For warehouses with or without storage locations
- Mobile app with barcode scanning to simplify and quality assure warehouse processes
- Automation of inbound, outbound, warehouse transactions
- Automated release of customer orders
- Global item register
- Storage locations
- Traceability serial number/lot-batch number
- Inventory in mobile app and barcode reading
- Control in the processes of inbound, outbound, and storage
- Mobile tablet interface with camera functionality
- Printing of CoA – Certificate of Analysis
- Flexible pricing
- Reservation against sales channel and margin optimization
- Group internal transactions
- Global customer register (multi-subsidiary)
- Automatic billing
- Warranty management
- Return management
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Always included in NetSuite - you don't need a separate CRM system!
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Support for sales, marketing, and support
- Standard integration with Amazon, Shopify, eBay, and Magento
Key Benefits
Cost Efficient
Full Overview
Integrated
Improved Logistics
Future Proofed
Global
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