NetSuite for Wholesale and Distribution
NetSuite is specially designed for distributors and wholesalers. The solution is fully integrated and offers companies the ability to manage and streamline their business processes such as finance, sales, purchasing, inventory, invoicing, and reporting.
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
- Real-time reporting (income statement, balance sheet, inventory valuation, etc.)
- Reporting with ’as-of’ functionality
- Bank payments via file
- Account reconciliation via file
- Invoice scanning
- Fixed Assets
- Global accounting, consolidation, foreign subsidiaries with different currencies
- Reorder point
- Purchase to order (PTO)
- Inbound (incoming) container management (consolidation of purchase orders)
- Quote management
- Contract management
- Blanket (call-off) orders
- Return to supplier
- Global supplier Master (multi-subsidiary)
- Intercompany transactions
- Forecast management
- Net material requirements planning (MRP, DRP)
- Creation of purchase orders, production orders, internal transfer orders
- Order suggestions considering lead times, batch rules, ordering criteria, etc.
- Global item Master
- Warehouse locations
- Serial number/lot number traceability
- Inventory Count with mobile app and barcode scanning
- Warehouse optimization (zones, many storage locations, logical/physical locations)
- Mobile handheld solution to support paperless processing and with barcode scanning capability one simplifies, automates, and increase warehouse process accuracy
- Optimized goods receipt, pick-pack-ship and pick to production processes
- Automated wave release of customer orders for picking
- Supports quality control in receiving, shipment, manufacturing, and warehouse processes
- Mobile tablet interface with camera functionality
- Printing of CoA – Certificate of Analysis
- Flexible pricing with discount and campaign management
- Allocate against stock or supply order (purchase, manufacturing, transfer)
- Allocate part of stock for sales channel/customer group, or with margin optimization
- Automatic allocation of delivering warehouse per order line
- Automatic invoicing
- Service and warranty management
- Return management
- Global customer Master (multi-subsidiary)
- Intercompany transactions
- Always included in NetSuite – no separate license needed.
- Sales: Lead to customer, quote management, activities (to-do’s, meetings, calls), calendar
- Marketing: Campaign, subscription management, newsletters, online forms
- Support: Cases via email or online forms, automatic assignment, escalation functionality, time tracking
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Standard integration with Ecommerce and Marketplaces like Amazon, Shopify, eBay, Magento 2, Adobe Commerce, WooCommerce and Point of Sale system Shopify POS as well as with Amazon Supply Chain and ShipStation
Key Benefits
Cost Efficient
Full Overview
Integrated
Improved Logistics
Future Proofed
Global
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