NetSuite Solutions for Wholesale Distribution

Essential NetSuite Features for Wholesale Distribution

Inventory management that is centralized
NetSuite provides centralized inventory tracking for wholesale distributors with multiple warehouses and high-volume stock. Gain immediate insight into inventory levels at every location, leading to better allocation, enhanced demand forecasting, and reduced stock discrepancies.

Automated Purchasing and Supplier Administration
NetSuite simplifies procurement through automation of purchase orders, vendor management, and approvals. By utilizing tools such as vendor scorecards and automated reorder points, you can enhance supplier connections and guarantee prompt restocking, ultimately cutting down on lead times and procurement expenses.

Management of orders across multiple channels
Manage large orders effectively using NetSuite's multi-channel order management platform. The system streamlines the process of receiving orders and receiving payments, monitors client orders, and guarantees precise order completion, whether it's for business-to-business, business-to-customer, or external logistics.

Thorough Financial Reporting
NetSuite provides financial tools for businesses with a large number of transactions to combine and report on operations involving multiple subsidiaries or currencies. Achieve total financial autonomy, guaranteeing adherence and precise financial analysis that enhance earnings.

Planning for demand and making forecasts
Forecast demand accurately by utilizing historical data, sales trends, and seasonal patterns. NetSuite's sophisticated demand planning assists in optimizing inventory levels and decreasing overstock or stockouts, essential for profitability in wholesale distribution.

CRM and sales management combined into one system
Handle B2B customer connections effectively using NetSuite’s integrated CRM system. Monitor customer engagements, handle intricate pricing structures, and execute customized promotions for individual clients, all while obtaining valuable information on sales success and customer value over time.