Keeping inventory costs down is crucial to competitive advantage. NetSuite Small Business helps companies slash inventory costs by providing tighter control of stock levels. NetSuite Small Business allows you to set complex pricing rules based on individual customers, sales channel and more. And since inventory features are integrated with the sales department and Web store, your sales team and customers can view real-time inventory and pricing.
Customer and Volume Pricing: With NetSuite Small Business, you can assign different price levels for different types of customers. You can also assign different prices for wholesale, retail or online sales.
Integrated Inventory: When creating new inventory items, you can define their Web characteristics, such as pricing, captions, images and more. Sales representatives and partners have full views into inventory levels. Plus, orders from the Web, retail or sales organization, will automatically be reflected in inventory levels.
Kit Management: Companies that assemble products can use the Kit Item feature to create item groups with serialized components. Once created, Kit Items can be used on transactions as an easy way to present multiple items.
Inventory Management: Inventory levels and costs, when combined with sales information, allow you to manage more effectively the cost of goods sold, cost of inventory holding, profit margins, as well as the amount of business capital tied up in inventory.
