As you journey through your NetSuite implementation, one important consideration may be deciding which costing method to use for your items. NetSuite offers a multitude of costing methods which, when properly configured, help you maintain accurate costs and costs of goods sold. One such costing method we will review today is Group Average Costing. Traditionally, Average Costing in NetSuite has been one average cost per location. However, NetSuite also offers Group Average Costing as a way to maintain a single average cost across multiple locations. How do we set this up? Read on to find out.
Feature Overview: Group Average Costing
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Feature Overview: Lot and Serial Number Trace
For any company producing and selling edible products, being able to trace a lot number’s usage and history is a critical need given regulatory requirements by the government. Tracing where a lot number has been used must be done quickly and efficiently in the event of a recall. Failing to produce this information in a timely fashion can be devastating to a business.
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Feature Overview: Engineering Change Orders
Throughout a product’s lifecycle, performance or process issues may necessitate changes to a product’s specifications. Often, these changes to specifications can take the form of a process or component change to the product’s bill of materials. In the manufacturing space, tracking these changes is important and over time a product may undergo a series of revisions which need to be tracked for regulatory or internal quality control purposes.
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The Supply Chain Management SuiteApp offers a toolbox of useful features which can help you streamline and centralize operational activities within NetSuite. One of the many tools within the Supply Chain Management bundle is the Customer Part Number feature.
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Saved Searches are a powerful tool within NetSuite, allowing you to create custom reports by combining various records. But what if the native or custom field names don't exactly scream clarity for reporting purposes? That's where the Custom Label field comes in.
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Customer Preference-Send Transactions
Streamlining customer communication is key to building lasting relationships, and NetSuite's Customer Preference settings empower you to do just that. Let's explore how to preset delivery methods for transactions, ensuring your customers receive information in their preferred format.
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Ever dreamt of your marketing team effortlessly putting together personalized emails on the fly, your field service technicians always having the right tools at their fingertips, and your financial reports narrating a success story that's as clear as day? It might seem like a bit of a stretch, but with NetSuite, it's not some distant fantasy – it's your new reality.
As your trusted NetSuite partner, Concentrus wants to be your guide through this exciting journey. Buckle up as we explore five key areas where NetSuite 2024 updates shine:
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Mastering the Menu with NetSuite: Optimizing F&B Operations
Navigating the dynamic world of food and beverage manufacturing and distribution takes more than a pinch of ingenuity. From managing complex supply chains to juggling fluctuating harvests and evolving regulations, your success depends on high operational efficiency. In this recipe for optimized operations, your Enterprise Resource Planning (ERP) system is the essential ingredient.
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Unlock Your NetSuite Potential: Navigating the Support Landscape with Concentrus
In today's dynamic business landscape, maximizing the return on investment from your cloud-based ERP system like NetSuite is crucial. While NetSuite boasts incredible power and versatility, navigating its intricacies can sometimes feel like traversing a digital mountain range. That's where NetSuite Support, a treasure trove of resources and expertise, comes into play.
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Beyond the Numbers: Demystifying NetSuite ERP Pricing for Your Business
NetSuite, the industry-leading cloud ERP solution, empowers businesses with a robust and scalable platform to manage their operations seamlessly. But when it comes to pricing, the initial sticker shock can sometimes leave potential customers feeling a bit lost. Fear not, dear reader!
This comprehensive guide is here to shed light on the world of NetSuite ERP pricing, equipping you with the knowledge to make informed decisions for your unique business needs.
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