Smarter inventory management starts with NetSuite
Know what you have. Know what you need. Know when to reorder. NetSuite gives you accurate, real-time inventory visibility across locations, helping you reduce stockouts, avoid excess stock, lower inventory costs, and free up cash for growth.
Trusted by businesses building smarter operations with NetSuite
Is your inventory working for you?
Inventory is a balancing act. Too little stock means missed sales and disappointed customers. Too much ties up cash, increases carrying costs, and leaves you with products you may never sell. When inventory visibility is poor, that balance becomes guesswork.
- You can’t always trust what the system says is actually in stock.
- Popular products run out when customers need them.
- Too much cash is tied up in slow-moving or excess inventory.
- Teams reorder based on spreadsheets, estimates, or outdated information.
- Stock is difficult to track across warehouses and locations.
- Sales, purchasing, and warehouse teams work with different information.
- Demand is difficult to predict, making purchasing decisions harder than they should be.
When you can’t trust your inventory data, every purchasing decision becomes a risk.
Let's solve thisWhat better inventory management looks like
- Trust your inventory numbers: maintain accurate, real-time visibility into what’s available across every location.
- Keep your bestsellers available: reduce stockouts and missed sales.
- Free up cash from excess stock: avoid over-ordering and reduce slow-moving inventory.
- Know what you’ll need next: use demand and inventory data to make smarter purchasing decisions.
- Move inventory where it’s needed: balance stock across locations and respond faster to changing demand.
- Deliver what you promise: give sales and fulfilment teams reliable availability information.
Inventory is connected to everything
Inventory decisions don’t stay in the warehouse. They affect what sales can promise, what purchasing needs to order, how much cash is tied up in stock and how quickly customers receive their orders. With NetSuite, inventory is part of the same ERP as the rest of your business. That means you can:
- Connect inventory with Warehouse Management to keep stock accurate from receiving to fulfilment.
- Give sales real-time availability so customers get promises you can actually keep.
- Connect purchasing with demand to replenish the right products at the right time.
- Give finance visibility into inventory value, carrying costs and working capital so you can see exactly how stock impacts financial performance.
- Manage stock across locations and subsidiaries with NetSuite OneWorld.
- Turn inventory data into actionable insights with BI Book dashboards and reporting.
One view of inventory. Better decisions across your business.
See how NetSuite connects your business
From knowing what’s available today to planning what you’ll need tomorrow.
NetSuite connects inventory with sales, purchasing, warehouse operations and finance, so your teams can make decisions based on the same real-time information.
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Everything you need to manage inventory
Real-time inventory tracking
See what’s on hand, available, committed and on order across every location.
Multi-location inventory
Track and manage stock across warehouses, stores, subsidiaries and other inventory locations.
Demand planning
Use historical demand and sales data to anticipate future inventory needs and plan replenishment.
Automated replenishment
Set reorder points and replenishment rules to help keep the right products available without overstocking.
Lot & serial number tracking
Track inventory by lot or serial number for greater traceability throughout the product lifecycle.
Cycle counting
Maintain inventory accuracy with regular cycle counts without relying solely on disruptive full stocktakes.
Bin management
Know exactly where inventory is stored within your locations to improve stock control and fulfilment.
Inventory costing
Track inventory value and costs to understand margins and the financial impact of your stock.
Inventory transfers
Move stock between locations while maintaining accurate, real-time visibility across your business.
Why Greenstep
NetSuite gives you the tools to manage inventory. Greenstep helps you make them work for your business. We look beyond system configuration to understand how inventory moves through your organisation. The result is a NetSuite setup that improves visibility, reduces manual work and helps your teams make better inventory decisions.
- NetSuite and inventory expertise to turn your operational needs into a practical setup.
- ERP, finance and business expertise under one roof so inventory works with the wider business.
- Practical solutions over unnecessary customisation to keep your NetSuite environment easier to manage.
- Implementation, optimisation and ongoing support as your inventory needs evolve.
- 800+ specialists across finance, technology and business advisory.
The right stock. The right place. The right time.
Talk to a NetSuite expert
Better inventory management means having enough stock to meet demand, without tying up more cash than you need. Use real-time inventory data to stay ahead of demand. NetSuite gives you the visibility and control to manage inventory as demand changes. Even across products, locations, and your wider business.
Special features of NetSuite Inventory Management
Real-Time Inventory Visibility and Resource management planning
NetSuite provides real-time visibility into your inventory levels, allowing you to make informed decisions about purchasing and sales. You can track inventory across multiple locations, and the system automatically updates as items are received or shipped. This eliminates the need for manual tracking, reduces the risk of errors and helps you maintain optimized inventory levels and avoid stockouts or overstocks.
Multi-channel inventory management
Seamlessly sell across multiple channels, including online marketplaces and physical stores. You can set up multiple warehouses and locations to accurately keep track of where your items are stored. NetSuite also supports advanced inventory management features like bin management, lot tracking, matrix items and serialized inventory, allowing businesses to efficiently manage complex inventory scenarios.
Automated Order Fulfilment
NetSuite’s inventory management add-on automates the order fulfilment process, reducing the time and effort required to get products to your customers. The system can automatically generate pick, pack, and ship orders, and it can even prioritize orders based on criteria such as delivery date or customer priority.
Advanced Forecasting
NetSuite’s advanced forecasting capabilities can help you plan for future demand. The system uses historical sales data and sophisticated algorithms to predict future sales trends, helping you make more accurate purchasing decisions.
Streamlined operations
NetSuite inventory management is integrated with sales and purchase processes, which enables real-time inventory updates and automated order processing. When a sale is made or a purchase order is received, inventory levels automatically adjust, ensuring accurate stock availability information. The data can also be used to generate comprehensive financial statements and make informed business decisions.
Cost optimization
As NetSuite inventory management tracks your sales, purchases, manufacturing costs automatically in the background, you can determine how the operational costs are built up in your procurement process in different locations. With NetSuite, you can manage different pricing options that are rolled out on top of the basic purchasing price depending on additional fees.
Less cash tied up. More stock that sells.
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Balance availability and working capital with NetSuite.
Frequently asked questions about NetSuite Inventory Management
Ready to make your inventory work harder?
Reduce stockouts, free up cash from excess inventory and make smarter decisions with real-time visibility across your business.
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