This blog continues with the various financial/accounting measurements you can use. As stated previously, most small businesses use an ERP system from companies like SAP, NetSuite and Microsoft. But they fall short of providing inventory optimization and rationalization. Understanding and using some basic financial and accounting methods with an advanced inventory optimization solution will help get you there. It will also help keep you there.
Read MoreTags: Inventory Planning, SAP, NetSuite, Demand Planning, NetSuite Demand Planning
Inventory planning uses a wide range of variables and metrics, which generally include:
Read MoreTags: Inventory Planning, SAP, NetSuite, Demand Planning, Supply Chain, Inventory Planning Solutions, NetSuite Demand Planning
As your business grows and gains in complexity, you may need to explore how advanced inventory planning and optimization capabilities can take your business to the next level. Valogix, a global award-winning partner of NetSuite. We offer a specialized multi-stage planning engine that more effectively plans inventories and compliments NetSuite.
Read MoreTags: Inventory Planning, NetSuite, Demand Planning, Valogix, Inventory Planning Solutions, NetSuite Demand Planning