Enterprise resource planning (ERP) systems are key to getting a single, 360 degree view of your business. It helps you move from disparate data to actionable, real-time data that you can use to increase your bottom line. And guess what? People are getting it. ERP adoption has soared in the last few years because companies understand how important it is to overall business success.
What’s the difference between a Purchase Request and Purchase Requisition in Netsuite?
In a previous blog we explored how to create a Purchase Request using the Employee Center role. In this blog we’ll explore the differences between a Purchase Request and a Purchase Requisition.
Tags: NetSuite, ERP, NetSuite How To's, NetSuite Tips, Purchase Order, Purchase Request, Administrator, Purchase Requisitions
How to Keep Consumer Prices Competitive even as Shipping Container Costs Continue to Rise
As 2022 nears and the holiday season ramps up for consumerism, many distributors are still struggling to adjust to massive increases in shipping container costs. It’s no secret that this is a serious issue impacting the supply chain. Companies are working to keep their prices competitive but must also be mindful of their operating costs in order to protect their profit margins.
Tags: ERP, Wholesale Distribution, NetSuite Tips
Creating NetSuite Purchase Request with the Employee Center Role
NetSuite has a great Purchase Request feature which can be leveraged to monitor and control the purchases within an organization. Many organizations find it difficult to control spending in certain key areas or lack a formal process to request new equipment.
Tags: ERP, NetSuite How To's, NetSuite Tips, Purchase Order, Purchase Request, Administrator
5 Ways NetSuite’s Warehouse Management System Help Improve Operations
For distributors across the world, the warehouse is the most critical component of the supply chain. Sometimes a warehouse is solely look at a place where storage is kept, but that storage is revenue. Having a way to efficiently and effectively move product in and out of your warehouse is key to ensuring your company is running at its max potential.
Tags: ERP, Project Management
Why Companies Looking to IPO Should Consider NetSuite
2020-2021 was a tough year for many companies as the COVID-19 Pandemic instilled a level of uncertainty in today’s business climate. But even then, we saw a large number of innovators push through and successfully IPO during a pandemic.
Tags: ERP, Project Management
Seven Key Indicators Your Current Inventory Management Process is Ready for an ERP Makeover
Tags: ERP, Project Management
How to “Future-Proof” Your Business: 5 Must-Haves When Evaluating ERP
Tags: ERP, Project Management
11 Point Checklist: How to Select the Right Software for Retail Startups
As a retail startup, you are always pivoting to meet changes in the marketplace, and having siloed systems to run your business just is not cutting it anymore. You need a solution that is flexible and adaptable enough to whether any storm (or pandemic as it were) and scalable so that your growth is no longer a limiting factor. You also need something that is robust enough to grow with you so that you do not find yourself in the same situation 5-10 years down the road.
Tags: ERP, Inventory Management, eCommerce, Warehouse Management System (WMS), Retail
How to Pick the Right Back Office System for Your Retail Business
If your back end systems and your ecommerce solution are siloed, and you’ve determined that your current business management system is holding you back then it’s time to make a change. What better time than now, when bulk of your business still comes from your ecommerce platform?