NetSuite Inventory Management
Manage inventory with NetSuite ERP
Whether you are outgrowing QuickBooks or just need a more robust inventory management solution, we can help you customize and implement NetSuite inventory software for your business.
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Inventory Management Software
Why NetSuite inventory software
NetSuite Inventory Management provides a single, real-time view of inventory across all locations and sales channels, allowing businesses to reduce inventory on hand to free up cash while avoiding stockouts. By optimizing inventory levels and ensuring product availability across multiple channels, NetSuite Inventory Management helps businesses keep inventory costs low while exceeding customer expectations.
With NetSuite, your business can easily track inventory across multiple locations by automating inventory management in one unified solution.
Outgrowing QuickBooks?
Work with the #1 QuickBooks consulting firm to help you migrate to NetSuite.
Why Fourlane
Fourlane, the #1 Elite QuickBooks Solution Provider and Reseller, has helped thousands of clients with their financial systems, accounting software, and ERP system challenges. As industry and product experts for the most widely used accounting and ERP software solutions, we make sure our clients are buying the right software at the best price and recommend the best platform with a focus on our clients’ long term success.
“Fourlane’s broad expertise in all of Intuit’s products gives them the ability to provide exceptional service to QuickBooks’ users. As a QuickBooks Solution Provider, we count on solutions Fourlane provides to small- and mid-sized businesses all over the country.”
-Simon Pass, Intuit Reseller Program Sales Leader
Consulting and Advisory
We can help with every aspect of NetSuite, including system design, inventory cleanup, business process, workflows, and more.
Data Conversion and Migration
With thousands of QuickBooks data conversions, Fourlane is the most trusted company for moving your data to and from QuickBooks.
Setup and Implementation
Based on the scope of your project, we will jointly develop an in-depth, custom NetSuite ERP implementation plan tailored just for you.
Business process & workflows
We will analyze your current processes – what is done in NetSuite and other systems and design a workflow.
Reporting and Business Intelligence
Make more informed business decisions with key NetSuite reports, graphs and dashboards.
System Optimization and Review
We’ll review & clean up your chart of accounts, lists, items, accounts receivable, templates, inventory & more.
Customized Product Training
We’ll create customized training and documentation specific to your business, processes, and industry.
NetSuite Inventory Features
Automate inventory management, reduce handling costs, and optimize cash flow with NetSuite
Real-time visibility
Real-time, company-wide inventory visibility — across warehouses, retail stores, pop-up shops, drop shippers, 3PLs or any other place where you manage or stock inventory — is key to enabling a buy anywhere, fulfill anywhere customer experience.
Multi-location fulfillment
NetSuite Inventory Management gives you the ability to predefine fulfillment rules to eliminate multiple shipments for a single order and avoid excess shipping charges.
With visibility into stock across all locations, you can proactively monitor stock levels and sell through, transferring inventory between locations as necessary to ensure inventory availability and minimize obsolete inventory. Sales associates are empowered to save potential lost sales in out-of-stock situations with enterprise-wide inventory availability that allows them to transfer, hold or ship items directly to the customer.
Replenishment
Fluctuations in demand, seasonality, supply chain logistics and a product’s natural life cycle must be accounted for to ensure sufficient stock on hand. Using demand-based replenishment, NetSuite Inventory Management uses historical and seasonal sales data, average lead time and number of inventory days’ of supply to dynamically manage item reorder points and maintain preferred stock levels. NetSuite automatically generates tasks and alerts and sends them to the purchasing manager.
Cycle counting
Comply with accounting standards like ASC 606 and IFRS 15 and report financial results in a timely manner. Simplify the complexities of evolving revenue recognition mandates, no matter if a sale encompasses a single performance obligation, a series of obligations spanning a time period or diverse obligations in a bundle.
Traceability
NetSuite Inventory Management lets you back and forward trace inventory using lot and serial tracing. Lot-numbered items track the quantity and specific cost for each lot as products are purchased and produced. Serializing inventory allows you to choose a specific item when you fulfill an order. Together, lot and serial numbers let you define fulfillment strategies (such as first expiring, first out) , minimizing waste and ensuring inventory is used in the most efficient way.
Item visibility
The Item 360 Dashboard brings together all relevant information related to an item in a single, centralized location. By putting all the information a user could need on any item in one place inventory planning and management become easier to do. Item 360 goes beyond the basics to show information like user-selected KPls, inventory count by location and projected stock levels, with alerts for anticipated shortages or overstocks.
Fourlane DRIVETM
At Fourlane, we have a proven client engagement process that helps ‘drive’ long-term success.
1. Discover
We begin by understanding your systems and current processes to discover root issue and potential challenges.
2. Right Fit
Receive open and authentic communication from our team on which products are right for you.
3. Inform
Our comprehensive and informative project scoping process is designed to eliminate any potential roadblocks.
4. Vision Implementation
Your project commences with the end goal of getting the right data to make informed business decisions.
5. Endless Execution
Our ongoing review of systems & output to ensure processes are being followed and your investment is being executed.
Go Live Faster With NetSuite SuiteSuccess
Financials First Edition
Ideal for rapidly growing companies needing a foundational financial management system that can scale and adapt as the business expands.
Health & Beauty Edition
Links a health and/or beauty company’s front and back ends systems to enable the delivery of a consistently outstanding experience.
Retail Edition
Get real-time access to the financial and operational performance of your retail business. Optimize your inventory and order management across all channels.
Starter Products Edition
Designed for small, rapidly growing CPG and products-based companies that need accounting, inventory, order, sales and purchase management.
Manufacturing Edition
Empowers manufacturers to make informed decisions based on a real-time, unified view of procurement, production and financial data.
Food & Beverage Edition
Offers food and beverage brands the control and visibility they need to be successful by connecting ecommerce, financial, supply chain and order management functions.
Starter Services Edition
Tailored to small, rapidly growing service-based organizations that need accounting, project management, time and expense entry, billing and project reporting.
Nonprofit Edition
Gain efficiencies with a powerful nonprofit fiscal management system built to meet the unique needs of your organization.
Software Edition
Achieve the financial and operational agility to evolve and innovate at the speed of this fast-changing industry.
Apparel & Footwear Edition
Enhance operations with a single view of inventory, order, merchandise and unified omnichannel commerce built around the customer experience.
Wholesale Distribution Edition
Delivers a unified solution to manage financials and operational processes for wholesale distribution companies that have traditionally operated on multiple disconnected systems.
Media & Publishing Edition
Unify operations and manage all your customers — subscribers and advertisers — in a single system that handles financials, sales, services and analytics.
Industry Experts
A Partner That Understands Your Business & Industry
Through solutions such as NetSuite ERP, we are able to provide the expertise needed for several industries. We are well versed in utilizing industry specific features within NetSuite ERP as well as integrating the 3rd party add-ons available.
Having performed thousands of client engagements across several industries, we have the knowledge and experience you can rely on in a business partner. Get help with finding, implementing and optimizing the right solution for your business.
- Accounting & Finance
- Advertising & Marketing
- Agriculture
- Biotech & Pharmaceuticals
- Computer / IT Services
- Computer Software
- Construction & Contracting
- Distribution & Wholesale
- eCommerce
- Education
- Energy / Utilities
- Engineering
- General Business
- Government
- Healthcare / Medical
- Health & Beauty
- Insurance
- Legal
- Logistics / Transportation
- Manufacturing
- Media / Publishing
- Nonprofit
- Professional Services
- Real Estate
- Restaurant / Hospitality
- Retail
- Telecommunications
NetSuite Solution Provider
Why Work With Fourlane
Fourlane is a Certified NetSuite Solution Provider, with over 5,000 clients who have trusted us to help them choose the right accounting and ERP software for their company. We have an experienced team of NetSuite ERP experts ready to help make your transition as smooth as possible, whether you’ve outgrown QuickBooks or are looking for a system that can keep up with your growth. In addition to implementation and support assistance, we offer robust consulting services including system design, implementation, reporting, & more.
We are proud to offer NetSuite to our clients for its affordable pricing model, and cloud-based ERP system, and so you can securely keep control of your data. We will help you every step of the way; sign up for a consultation to learn more.
What Our Clients Are Saying
Fourlane is a stellar organization as a whole. They are in it for the long haul and it shows. They positively revolutionized our entire accounting process. They’ve been very patient in the planning phase of our new ERP system. We’ve entrusted Fourlane with the future of our business and it’s been the best move we’ve made to date.
Gemma Goeas
We have been working with Fourlane for over three years now. They are wonderful and a pleasure to work with. They have improved our inventory management and month-end process tremendously!
Jonathan Miller
My Quickbooks company file was enormous, with some data corruption, so we needed to migrate to a new file. Fourlane had the expertise, tools, and friendly staff to get us set up with a new file, keeping important data, and purging the old data, all with minimal downtime. I put my company’s future in Fourlane’s hands, and they delivered!
John Costelli
Really grateful for your time and for helping us build a stronger financial reporting foundation at Brandwell. I truly appreciated your educational approach—it’s been invaluable. Thanks too for sharing so many helpful resources along the way. I’ve learned so much and will definitely reach out if I have any questions.
Julie Temple
Fourlane helped us convert from NetSuite to Quickbooks. I’m very impressed with the professionalism and competency of everyone at Fourlane, without exception. Fourlane is extremely knowledgeable and helpful. We had a short deadline and Fourlane in to make sure we were able to meet it, as well as to patiently explain the process.
Jim Roundtree
Make the move to NetSuite today, the #1 Cloud ERP software
FAQs About NetSuite Inventory Software
NetSuite inventory management is a module within the NetSuite ERP system that helps businesses track and manage their inventory levels, locations, and transactions. It offers features such as inventory tracking, replenishment planning, warehouse management, and order fulfillment.
NetSuite inventory management uses advanced algorithms and forecasting techniques to optimize inventory levels based on demand forecasts, lead times, and reorder points. It helps businesses minimize stockouts, reduce excess inventory, and improve inventory turnover ratios.
Yes, NetSuite inventory management supports multi-location and multi-channel inventory operations. It enables businesses to manage inventory across multiple warehouses, distribution centers, and sales channels, including e-commerce platforms, retail stores, and wholesale channels.
NetSuite inventory management automates inventory transactions, including receiving, transfers, adjustments, and cycle counts. It provides real-time visibility into inventory movements and ensures accurate inventory records across the supply chain.
Yes, NetSuite inventory management provides real-time inventory tracking and visibility throughout the supply chain. It enables businesses to monitor inventory levels, locations, and movements in real-time and access up-to-date inventory information from anywhere.
Yes, NetSuite inventory management seamlessly integrates with other modules within the NetSuite ERP system, including order management, procurement, manufacturing, and financial management. This integration provides a unified platform for end-to-end inventory management and business operations.
NetSuite inventory management includes demand planning and forecasting tools that help businesses predict future demand for products and materials. It analyzes historical sales data, market trends, and seasonality to generate accurate demand forecasts and optimize inventory replenishment.
Yes, NetSuite inventory management supports barcode scanning and RFID (Radio Frequency Identification) technologies for efficient inventory tracking and management. It enables businesses to scan and track inventory items using handheld devices, mobile scanners, or RFID tags.
Yes, NetSuite inventory management provides features for inventory costing and valuation, including FIFO (First-In-First-Out), LIFO (Last-In-First-Out), weighted average, and specific identification methods. It helps businesses accurately calculate inventory costs and value inventory for financial reporting purposes.
Yes, NetSuite inventory management is scalable and suitable for businesses of all sizes and industries, from small and medium-sized enterprises (SMEs) to large enterprises. It offers flexibility and scalability to accommodate diverse inventory management needs and growth trajectories.
