Supply Chain Planning
Supply Chain Planning In NYC
In the world of business, the driving force behind everything is demand and supply. Getting a clear understanding of how this applies to your particular business can mean everything, as it means that you can put your time and resources into the areas that really matter in getting the consumers what they want at a quick speed. Although you could try and understand demand and supply yourself, it can be done much quicker and easier through the use of NetSuite products. Here at Horizon Associates Group, LLC, we’ve been using NetSuite products for over 14 years and have won the NetSuite Star Award 12 years in a row – that’s proof that NetSuite works and that we know how to use it. Let this business help yours to succeed.
Why Use Supply Chain Planning?
Planning can only help a business, especially if yours is halfway across the world. Getting the right combination of cost control, lead times, and service level can be especially hard, and NetSuite can be the solution to all your problems. NetSuite’s technology uses advanced inventory management and demand planning techniques to aid you in making the right business decisions. In addition, NetSuite can increase your on-time delivery metrics. Gain total control over your supply chain – unique parameters can be set up for each location where you have your inventory stored.
KEY FEATURES OF NETSUITE’S SUPPLY CHAIN PLANNING
As leaders in the industry, Horizon Associates Group, LLC doesn’t just back any random company for its products. We’ve successfully used NetSuite for our own business purposes and fully believe in the company to do the same for you. Here are some of the key features of the supply chain planning capability of NetSuite.
DEMAND MANAGEMENT
Based on information you feed into the system, the Demand Planning module of NetSuite can calculate and predict future demand for your products. You can have the system review monthly or weekly demand, plus generate forecasts based on several parameters. You can then review an edit the forecast before you tackle supply planning. You can update this information by CSV import or web services and incorporate sales forecasts as well.
Supply Management
After you’ve determined the trends for demand in your business, you can move onto supply management. Based on the item records you have, you can generate purchase, work, and transfer orders. Some of the key capabilities of supply management include planned vs. actual orders, multi-location supply planning, and vendor management.
Find The Right Balance
Again, determining and planning your supply chain can be a difficult task, especially if you’re trying to do it all on your own. However, you don’t need to enlist the help of consultants – all you have to do is use NetSuite’s supply chain planning module and you can customize solutions that you know will work for your personal business, since the data inputted into the system is your own. Find out more about supply chain planning by calling us today.