In warehouse operations, a common challenge is how to efficiently manage product code updates to inventory you receive from your vendors. Depending on your business, you may be looking at a considerable number of items to update. These product code updates in turn can require significant effort from your warehouse staff to roll out and can hamper warehouse activities which tend to rely on accurate product barcodes for scanning items quickly and efficiently. To solve this problem, Netsuite WMS offers the concept of a WMS item alias which allows you toassociate your internal part number to multiple product codes without having to necessarily relabel your existing product. Adding WMS support for new vendor product codes can be done quickly and easily without impacting overall warehouse efficiency.

 

Tags: NetSuite, ERP, Reporting, NetSuite Partner, NetSuite How To's, Warehouse Management System (WMS), NetSuite Tips, WMS, Netsuite WMS, Items, Warehousing, Warehouse, Aliases, Alias, Item Alias

In the supply chain sphere, shipping fees are simply a cost of doing business. However, while shipping costs are usually an unavoidable business expense, they can quickly eat away at your profit margins if they are not effectively managed. These days, you tend to see all sorts of shipping fees that tend to drive up the overall cost of doing business. Handling fees, fuel fees, extended delivery fees, oversized fees, there is a fee for almost anything you can think of. Oversized fees in particular can affect you if you carry larger items and freight companies such as UPS already assess oversized fees for these items that tend to be bulkier and occupy more dimensional space. Being able to assess a proper handling charge for these larger items can have a significant impact on shipping costs and can help you make sure the cost of shipping is accurately assessed and handled (no pun intended). So how can we manage these handling costs in NetSuite? We will be answering this question on this blog. Read on to find out.  

 

Tags: NetSuite, ERP, Reporting, NetSuite Partner, NetSuite How To's, NetSuite Tips, Shipping, Warehousing, Warehouse, Netsuite Fees, Fees, Handling, Oversized Items

In previous blogs, we’ve seen how native Netsuite functionality can be leveraged to support your pricing process. Pricing scenarios such as customer specific pricing and group pricing allow us to implement robust and logical pricing structures to ensure we charge customers the right price. We extend those concepts in this blog by reviewing quantity based pricing. In Netsuite, quantity based pricing can be set up using standard functionality to help us offer discounts based on quantity sold.

Tags: NetSuite, ERP, Project Management, Reporting, NetSuite Partner, NetSuite How To's, NetSuite Tips, Implementation, Pricing, Item Pricing, Prices, Discounts, Quantity Pricing, Pricing Schedules

In a previous blog, we introduced you to Netsuite’s price level concept, which helps us assign different pricing for items. We can then take these price levels and assign them to customers allowing customers to receive different pricing for a given item. In this blog, we will continue to explore Netsuite’s pricing concepts and processes by reviewing pricing groups.

Tags: NetSuite, ERP, Project Management, Reporting, NetSuite Partner, NetSuite How To's, NetSuite Tips, Implementation, Pricing, Item Pricing, Prices, Discounts, Pricing Groups, Group Pricing

NetSuite provides some powerful functionality to help you set item pricing and ensure you are charging your customers the correct price. Tools offered by NetSuite to help you manage item prices include Price Levels, Pricing Groups, Quantity Pricing (and Pricing Schedules), along with free SuiteApps such as their Effective Date Pricing solution. These tools, while helpful, may seem daunting to implement at first but are fairly simple to set up. For this series of blogs, we’ll walk through the different native pricing options you have at your disposal.

Tags: NetSuite, ERP, Project Management, Reporting, NetSuite Partner, NetSuite How To's, NetSuite Tips, Implementation, Pricing, Item Pricing, Prices, Price Levels, Discounts

With Netsuite’s 2023.1 Release right around the corner, Netsuite is ending support for its Legacy Bill of Materials module. While business critical issues will continue to be addressed and resolved, new feature developments will no longer include Legacy Bill of Materials. As a result, Netsuite recommends migrating to Netsuite’s Advanced Bill of Materials. To be clear, immediate migration to Advanced Bill of Materials is not necessary, but you may be thinking of making the change in the near future. You may also be wondering how Advanced Bill of Materials compares to Legacy Bill of Materials, and what impacts to data you should be aware of.

Tags: NetSuite, ERP, Project Management, Reporting, NetSuite Partner, NetSuite How To's, NetSuite Tips, Implementation, BOM, Manufacturing, Bill of Materials, Advanced BOM

Successful inventory management is a key component in any business, and understanding the challenges and opportunities in this space is critical to developing successful and impactful processes. One of the challenges in this space with regard to Netsuite has been how to effectively manage inventory that should not be sold, or inventory that can be sold but should otherwise be segregated based on specific attributes. Traditionally, part of the challenge is how to prevent this inventory from being allocated to sales orders or how to track inventory items that share the same item number in Netsuite but may have small differences such as packaging.

Tags: NetSuite, ERP, Project Management, Reporting, NetSuite Partner, NetSuite How To's, Inventory Management, Warehouse Management System (WMS), NetSuite Tips, WMS, Netsuite WMS, Implementing, Implementation, Inventory Status, Item Receipt, Defective Inventory, Quality Assurance

The Vendor Payment Installments feature offers a systemic way to manage vendor bills in several installments. In addition to facilitating a systemic process, the feature also allows you to view aging for each installment based on its due date which is helpful in providing visibility on upcoming bills. In this blog, we’ll walk through the fairly straightforward setup process as well as provide a few considerations you may want to think about as you decide whether to enable this feature.  

Tags: NetSuite, ERP, Project Management, Reporting, NetSuite Partner, NetSuite How To's, NetSuite Tips, Purchase Order, Vendor Payments, Installments, Implementing, Terms, Implementation

Whether you’re starting a new Netsuite WMS implementation or are still considering your options, you’ll likely have questions on different Netsuite WMS functionality and configuration. This series ofblogs will seek to answer some of those questions by looking at Netsuite WMS functions and corresponding record types from an implementation perspective. We’ll look at what these functions are used for, and how they can impact warehouse operations. In this blog, we’ll explore the zone concept and how it is used by Netsuite WMS.  

Tags: NetSuite, NetSuite How To's, Warehouse Management System (WMS), NetSuite Tips, WMS, Supply Chain Management, Netsuite WMS, Zone, Zone Picking

One of the most important Netsuite metric is your monthly transaction line use. Your transaction line use directly impacts yourNetsuite service tier because of how Netsuite’s service tiers scale with use. Simply put, the more transaction lines you use, the higher your service tier will be. For this reason, it’s critical to have a clear understanding of the distribution of transaction lines across the types of transactions you create. Understanding this data can help youidentify opportunities to reducetransaction use and can have a tangible impact on financial costs relating to your Netsuite service tier. In this blog we’ll look at what tools are available for monitoring transaction line usage and provide a use case for reducing usage if you have standard costing enabled.  

Tags: NetSuite, Reporting, NetSuite How To's, NetSuite Tips, Netsuite Tier, Standard Cost, Inventory Costing, Inventory Cost Revaluation, Transaction Usage, Transaction Lines