What is NetSuite Supply Chain Planning System?

Easily balance demand and supply throughout your supply chain

What is NetSuite Supply Chain Planning?

NetSuite supply chain planning helps businesses balance supply and demand with the right combination of cost controls, lead times and service levels. Using inventory management and demand planning techniques, combined with a robust scheduling engine and predictive analytics, NetSuite supply chain planning enables businesses to make informed decisions that ensure product availability while keeping excess inventory to a minimum.

Ensure Product Availability

Accurate supply and demand planning ensures products are available as promised, minimising stock-outs, missed sales and unhappy customers.

Optimise Inventory Levels

Supply planning accounts for all inventory on hand, across all locations, allowing businesses to use stock in the most efficient way and keep overall inventory levels at a minimum, decreasing overhead and carrying costs.

Production Planning & Scheduling

Keep production processes running smoothly by ensuring all materials are available and in the correct locations and that machinery and labour are scheduled accurately.

With NetSuite, we can react rapidly to rising freight costs or other supply chain issues. It informs key decisions that reduce costs for the business and our customers.

David Orchard
GM of Commercial Operations, OBE Organic

Learn How ERP Can Streamline Your Business

Free Product Tour

NetSuite Supply Chain Planning Benefits

Grow Customer Loyalty. Ensure orders are ready as promised, increasing customer satisfaction with on-time deliveries.
Increase Profitability. Have enough stock to fill customer orders — and avoid being saddled with excess that will go unsold or need to be discounted.
Maximise Production. Keep the production process running smoothly, with all materials, machinery and labour available on time, in the right place.
Eliminate Excess Inventory. Ordering based on demand reduces excess inventory that sits on the shelf and increases carrying costs.

NetSuite Supply Chain Planning Features

Ensure production is set up for success by ensuring all material, machinery and labour resources are properly planned for and scheduled.

Supply Chain Control Tower

The Supply Chain Control Tower tool simulates inventory supply and demand across your supply chain, helping logistics teams analyse capacity and plan inventory purchases and production. Forecast accurately using simulations for both inventory and assembly/bill of materials items, including those with lot and serial numbers. Simulations show a running balance of inventory, based on sales orders and future stock levels, as well as how changes to the BOM or production process will impact the business. Using predictive risk tools, planners can gain a better understanding of how actions may impact future business processes.

Demand Planning

Predict future inventory needs based on historical demand, seasonality, open opportunities and/or sales forecasts.

Learn More

Supply Planning

Determine how to best fulfill demand plan requirements to balance supply and demand and fulfill customer orders as promised.

Learn More

Capacity Planning

Create capacity plans that capture and analyse production capacity. NetSuite rough cut capacity planning (RCP) evaluates production demand against resource availability to report work centre percentage use over a planning period. RCP can also compile data over that period to report on a work centre’s remaining capacity and labour and estimate equipment resource demand. RCP plans reflect supply and demand based on NetSuite data at a specified time and can be modified to create scenarios that show how revisions affect changes in supply, demand or both.

Production Planning & Scheduling

Effective production plans set the route for each item, estimates item start and end dates and evaluates the available capacity for completing the work. Production scheduling enables you to arrange, control and optimise production or manufacturing workloads over a fixed period of time. Scheduling allocates machine resources to efficiently complete work orders based on a FIFO sequence set up by the planner.

Challenges NetSuite Supply Chain Planning Solves

Obsolete Inventory. Accurate forecasts, based on historical sales and seasonality, eliminate excess stock that goes unsold.
Lost Sales. Ensure product availability and maximise sales by accurately planning for future demand.
Manual Processes. Supply plans automatically generate purchase, transfer and work orders to ensure product availability.
Excess Inventory. Get a single view of inventory on hand, in transit as well as future demand.
Production Bottlenecks. Supply plans take into account lead times and pre-assemblies to determine when materials need to arrive to be ready for production.

How Much Does NetSuite Supply Planning Cost?

Companies of every size, from pre-revenue startups to fast-growing businesses, have made the move to NetSuite. Looking for a better way to run your business but wondering about the cost?

Users subscribe to NetSuite for an annual license fee. Your license is made up of three main components: core platform, optional modules, and the number of users. There is also a one-time implementation fee for initial setup. As your business grows, easily activate new modules and add users — that’s the beauty of cloud software.

NetSuite supply planning capabilities are available within the NetSuite Demand Planning and Advanced Manufacturing add-on modules.

Contact NetSuite Now