Demand Planning Setup

The features that need to be enabled for setting up the demand planning are as follows:- Inventory: Simply tell NetSuite that we will be tracking the inventory, and our counts on our goods. The feature is in the item & Inventory subtab under inventory session. Demand Planning: Create orders based on forecasted demand Available to… Continue reading Demand Planning Setup

Demand Planning Overview

We may use the demand planning feature to analyze your stock demand needs, determine replenishment requirements and then create orders per a supply plan that will add stock as needed in a time phased manner. This information can be crucial for items with demand that varies and fluctuates throughout the year. Managers plan their inventory… Continue reading Demand Planning Overview

Downtime and Material Planning

Customers would always like to track down material loss and reasons. Identify areas for process improvement by tracking downtime events that might occur during the manufacturing process. Compile shop floor data to help managers and planners review manufacturing process efficiency. Decide whether changes will improve the process Downtime Material Loss, labor codes, and Work Orders… Continue reading Downtime and Material Planning

WMS – Hardware Requirements

Mobile device with the following features:- Android OS device with a version 4.1 or higher Android version 7.0 is recommended Latest version of the Google chrome browser 1D or 2D barcode scanning at least 1 Gigabyte of flash memory 4 inch or larger touchscreen 802.11 AVG enabled Bluetooth enabled for mobile printers or scanners Interactive… Continue reading WMS – Hardware Requirements

WMS additional Capabilities

PutAway Once an item is received, you must place the item in the warehouse for storage until it is shipped out. This process is called putaway. After it is put away into a storage location, the item is available for allocation to sales orders or transfer orders. By default, NetSuite WMS is configured to suggest… Continue reading WMS additional Capabilities

Different POS system – suggestion for clients

The article describes about the different POS systems which can be recommended to clients. The best one can be chosen based on the requirements. VEND Advantages Strong inventory management, multi-store, and reporting tools. Compatible with Windows and Mac computers, and iPads. 24/7 customer support. Disadvantages Payment processing through third-party providers. No free POS software. Mobile… Continue reading Different POS system – suggestion for clients

Overview of Manufacturing Processes

Manufacturers are companies who produce and distribute products. They typically have at least one manufacturing facility, one warehouse or distribution point, and ship products either directly to the customer or through a wholesale distribution network. It has integrated and successful operations across multiple functional areas. Manufacturers typically fall into the following production strategies. Build to stock – where finished goods are pre-built based on their forecast or min/max and readily available to satisfy sales orders. Make to order -where  components of the finished goods are readily available, and  Finished goods are only built to satisfy firm demand from a customer. Assemble to order – where subassemblies of finished goods are pre-built and readily available to be assembled to satisfy firm demand from a customer. Configure to order – finished goods are made… Continue reading Overview of Manufacturing Processes

Cost Categories

If you have a warehouse and employ workers to assemble widgets that you sell. You need to track costs associated with employee labour, warehouse machines, and overhead associated with each work order. There are eight cost categories that you have to choose from. They are:- Labour Setup – cost of time for labour to set… Continue reading Cost Categories

Stages in Contract Manufacturing

Steps Involved in Contract Manufacturing Create Inventory items, assembly items, and Other charge items Create Work Order It creates purchase order automatically Create a transfer Order to transfer components to the contract manufacturer’s location Receive the order(Contract manufacturer0 Build Work Order Create the transfer order to transfer the finished good from the manufacturer from contractor.… Continue reading Stages in Contract Manufacturing