In this video, we will discuss the key features and benefits of the NetSuite for wholesale distribution.
Key Features of NetSuite's Wholesale Distribution Edition
NetSuite's wholesale distribution Edition provides a range of features designed specifically for wholesale businesses.
These include:
• Procurement:
Automate procurement function with one click buy report automatically generated based on the reorder point.
• Order management:
NetSuite streamlines the entire order management process, from lead to orders, orders to shipment, and shipments to revenue. It automatically commits inventory items against a sales order.
• Advanced inventory management:
NetSuite provides real-time visibility into inventory levels, manage bins, multi-location inventory, enabling businesses to optimize their stock levels and improve order fulfilment.
• Shipping and fulfilment:
NetSuite provides a functionality to fulfil orders directly through pick, pack and ship or indirectly drop shipping items by automatically ordering items from vendor to customer.
• Financial management:
Expedite routine financial transactions, gain a real-time visibility into the financial performance of the business, and run your entire business with a single solution.
• Customer Relationship Management (CRM):
Gain a clear understanding of your prospects, customers, partners, and vendors and provide real-time visibility to your staff to deliver world-class customer experience and
drive sales.
• eCommerce:
Provide an engaging online shopping experience to your customers with eCommerce functionalities
Benefits of NetSuite Wholesale Distribution module:
The benefits of NetSuite for wholesale distribution businesses are numerous.
These include:
• Increased efficiency:
NetSuite streamlines key business processes, reducing the time and effort required to manage orders, inventory, and financials.
• Improved accuracy:
NetSuite provides real-time visibility into key business metrics, allowing businesses to make data-driven decisions and reduce errors.
• Scalability:
NetSuite is a highly scalable solution, able to support businesses of all sizes and grow with them over time.
• Enhanced customer service:
NetSuite provides a single source of truth for all customer interactions, enabling businesses to provide a more personalized and efficient service to their customers.
At Cloudio Tech, we specialize in helping businesses acquire and implement NetSuite for wholesale distribution.
Our team of experts has extensive experience in the wholesale distribution industry, and we work closely with our clients to ensure a seamless implementation process.
CloudioTech offers a range of services, including needs assessment, NetSuite implementation, integration, training, and support.
Subscribe to our channel and gain access to a wealth of information specifically tailored for NetSuite customers.
Timestamps:
0:00 Introduction about NetSuite wholesale distribution
0:13 Procurement
0:20 Order Management
0:33 Advanced inventory management
0:44 Shipping and fulfilment
0:55 Financial management
1:05 Customer Relationship Management (CRM)
1:20 eCommerce
1:24 Benefits of NetSuite Wholesale Distribution
2:03 About Cloudiotech
#Cloudiotech #netsuite #procurement #ordermanagement #CRM #inventorymanagement #shippingsoftware #financialmanagement #ecommerce
