This demonstration showcases NetSuite’s inventory planning capabilities. Starting on the purchasing and inventory sub-tab, we dive into the item record where users can see the inventory planning setup. This includes establishing time-phased replenishment as well as expected lead time and safety stock levels by location. We’ll walk through lot-sizing methods, which provide users more control over purchasing for specific lot sizes or intervals. We then explain NetSuite’s four project methods to calculate demand plan by locations: linear regression, moving average, seasonal average or sales forecast. Lastly, we’ll use the supply plan for inventory ordering and submitting orders.
