Items and Inventory Features

Items

Drop Shipments & Special Orders

Ship items directly from your vendor to your customer.

Matrix Items

Track inventory and pricing separately based on item options, like tracking shirts by color and size.

Multiple Vendors

Manage procurement of items from multiple vendors. Track vendor details like vendor's name, item code, and purchase price.

Gift Certificates

Sell gift certificates to customers in set or variable amounts. When customers buy gift certificates, they enter recipient information, and the certificate message, amount, and code are emailed to the recipient.

Gift certificates apply to the total order amount and can be reused if there's a remaining balance.

Sell Downloadable Files

Enable download item records and online forms with included downloads. Attach files to download item records for customers to buy and download in the Web store. The online forms with downloads allow you to offer leads free downloads when they provide their contact information.

You can also use this feature to share files with customers free of charge. For example, attach the terms of service to the customer record for easy access through the Customer Center.

Bar Coding and Item Labels

Create bar codes to track transactions and items. You can then print labels with the item's bar code.

Advanced Item Location Configuration

Check this box to manage item attributes by location. Use this feature to view only the data you need for each location.

Merchandise Hierarchy

Create custom merchandise hierarchies to help you analyze sales, purchases, and inventory data.

Personalized Catalog Views

Group web store customers and give each group a customized catalog items selection.

Inventory

Inventory

Manage quantities and profit from buying and selling inventory.

Multi-Location Inventory

Track inventory for multiple locations.

You must also enable Locations, Inventory, Advanced Shipping and Advanced Receiving.

Advanced Bill of Materials

Check this box to enable the Advanced Bill of Materials feature.

Assembly Items

Build assembly items using raw materials (inventory items) in NetSuite.

Work Orders

Use assembly work orders to track the production of assembly items needed for stock or to fill orders. Work orders track the quantities of assemblies and components needed.

Serialized Inventory

Assign serial numbers to each item to track inventory items.

Lot Tracking

Use lot numbers to track groups of inventory items.

Bin Management

Create bin records to track inventory storage within your warehouse and on-hand quantities.

Tracking bins help warehouse staff find items quickly when picking and fulfilling orders. Bins also show where to place items when receiving stock.

Advanced Bin/Numbered Inventory Management

Use bins with serial and lot numbered inventory for efficient management.

Inventory Status

Check this box to assign inventory statuses and manage internal processes. You can also choose to make items unavailable for allocation to orders based on the associated inventory status. For more information, see Inventory Status.

Advanced Inventory Management

Let NetSuite predict items demand and adjust ordering suggestions. New stock purchases are based on previous purchases and sales of items.

Warehouse Management

Use mobile devices to manage tasks from receiving to shipping. Use wave transactions to send orders to the warehouse and fulfill items. Waves also enable you to track picking and staging as pickers process released orders through their mobile device.

For more information, see NetSuite WMS Overview.

Landed Cost

Track additional costs, like duty fees, insurance, and shipping, when buying items.

Supply Allocation

Use Supply Allocation to consider future inventory in addition to current, on-hand inventory when calculating commitments.

Sales Channel Allocation

Use Sales Channel Allocation to track order-to-cash processes by sales channels.

Demand Planning

Predict future demand for items and use demand and supply plans to manage inventory replenishment. You must enable the Advanced Inventory Management feature to use this feature.

For more details, read Demand Planning.

Distribution Resource Planning

Use Distribution Resource Planning to optimize inventory across locations and, for OneWorld accounts, subsidiaries. Transfer items between locations to meet supply needs within a preset distribution network.

Material Requirements Planning

Check the box to activate the Supply Planning feature.

Available to Promise

Check item availability based on open transfer orders, purchase orders, work orders, and sales orders. For more information, read Available to Promise.

Standard Costing

Identify costing opportunities by tracking standard costs and analyzing variances. For more information, read Standard Costing.

Group Average Costing

Group average costing enables you to track one average cost for an item across multiple locations within a defined group.

Group average costing is only available when you've enabled Multi-Location Inventory. Group average costing is available for inventory items and assembly items.

Manufacturing Work In Process

Track work-in-progress with work order issue and completion. For more information, read Manufacturing Work In Process (WIP).

Outsourced Manufacturing

Track outsourced manufacturing for some of the components you own. Automate workflows between work orders, purchase orders, item receipts, and assembly builds.

Intercompany Cross-Subsidiary Fulfillment

In NetSuite OneWorld, check this box to use Intercompany Cross-Subsidiary Fulfillment for cross-subsidiary order fulfillment and returns. For more information, see Intercompany Cross-Subsidiary Fulfillment.

Centralized Purchasing and Billing

Use Centralized Purchasing and Billing in your OneWorld account to manage orders and vendor returns across subsidiaries.

Inventory Count

Help you track inventory better and control assets more tightly. With this feature, you can do regular inventory counts to stay accurate. Accurate inventory counts can reduce safety stock and lower overhead costs.

Manufacturing Routing and Work Center

Record quantity completions, resource costs, and overheads against a list of work order operations.

Supply Chain Control Tower

Check this box to simulate inventory supply and demand across your supply chain. For more information, see Supply Chain Control Tower.

Related SuiteApps

• Supply Chain Management

• Grid Order Management

For more information, see the following.

• Supply Chain Management SuiteApp

• Grid Order Management