Despite NetSuite’s excellent ERP, a separate WMS software integration is required. The NetSuite supply chain applications are no longer able to identify new growth channels or keep up with current demand.
Inventory management with NetSuite ERP has become very difficult, especially now that warehouse management teams are in peak season mode every day of the year because of the volume and complexity of their work.
NetSuite supports a plethora of WMS integrations, and an increasing number of slam-dunk warehouse operations are realizing that the integration route is superior.
In order to bring warehouse management operations into the current decade, while also cultivating adaptability for changes in the future, businesses are making investments in WMS systems that can connect to their ERP through integrations with NetSuite.
Let’s talk about some of the issues that arise with NetSuite inventory management and how a modern WMS for NetSuite makes it simple to expand a business without having to abandon existing systems.
Additionally, businesses are able to add the supply chain applications they require in the future without having to change technology partners or incur unanticipated costs.
The inventory management modules in NetSuite are helpful, but they are not directional or timely in terms of optimizing decisions made in the warehouse.
NetSuite is designed for inventory tracking, not warehouse management.
Even though these suites have inventory management features that are comparable to those of a WMS, they still need a lot of work. They are more reactive than proactive when it comes to directing employees working in the warehouse.
In the absence of these integrations, costs are rising. The limitations of NetSuite ERP significantly exacerbate poor labor productivity, errors, costs, customer churn, and delays in upgrading technologies that can adapt to the wild fluctuations of today’s supply chains.
Can ERPs handle modern inventory management?
Possibly a decade ago. Understanding the difference between purchasing a WMS and managing inventory in NetSuite ERP is essential for today’s growth.
The CFO can use data points from a NetSuite ERP, which is more of an accounting inventory tracking suite, to make decisions about high-level accounting and planning. Although it is capable of reporting inventory data in accounting terms, it lacks the efficiency and logic depth of a contemporary warehouse management system.
As the volume and complexity of orders rise, businesses ultimately reject them. This is because managing the logistics of inventory fulfillment and resolving issues with customer service result in increased costs, not growth.
Scalable Netsuite WMS integrations
A modern NetSuite WMS software solution, on the other hand, unifies inventory operations and builds on a NetSuite ERP implementation in a way that can be trusted and affordable, regardless of the technology that needs to be added. This is a genuine, scalable NetSuite WMS solution.
In the larger scheme of things, NetSuite’s dedicated WMS integrations make fulfillment procedures simpler.
Effective workflows, automated insights, and growth-oriented recommendations are the outcomes of the larger-scale daily activities of inventory management.
The real benefit is that businesses may never outgrow a NetSuite WMS. Choose a WMS solution that was not made with technologies from mergers and acquisitions.
Ideal is a cloud-based WMS solution with pre-built WMS software integrations for a wide range of supply chain applications, including NetSuite.
There is no need for custom coding, consultants, or internal IT specialists to provide quick time-to-value.
How WMS and NetSuite ERP integrations work
WMS and NetSuite ERP integrations should bring the company’s information about investing in inventory together into a single, easy-to-understand source.
In contrast to an ERP that only offers inventory reports, a modern WMS integration will teach warehouse managers how to continuously optimize processes that improve the customer experience and reduce risk.
They ought to have real-time dashboards tailored to the workflow. Staff can work more quickly and make the best decisions without spreadsheets, paper-based workflows that can be lost, interminable phone calls and emails, or spreadsheets.
The benefits that businesses seek are:
- The right NetSuite WMS integration will keep an organization relevant to the market, regardless of how many locations or channels it may have now or in five years
- Pre-built integrations that do not require custom setup or lengthy onboarding
- Real-time views into products entering and leaving the warehouse
- Staff performance tracking and recommendations that are tailored to company KPIs
- Real-time product availability that does not require manual checks or system switching
- Reduced overselling, chargebacks, excess inventory, shipping, and labor costs
Netsuite does not provide this level of scalability; WMS technology is simple to use, easy to update, and new employees can learn it in a matter of minutes.
Supporting organizational growth
As an organization expands to manage everything profitably, NetSuite WMS integrations make it simple to add new products, locations, partners, channels, and order management capabilities to warehouse management systems.
Everyone can access the most recent inventory updates from a single system as a business grows. This makes it conceivable to pursue more proactive choices across distribution center areas, delivering transporters, EDIs, and markets.