August 21, 2020

What Is NetSuite Demand Planning?

Supply Chain Technology
Supply Chain Management
Technology
Procurement
Emily Cook

 NetSuite Demand Planning helps businesses strike the most cost effective balance between supply and demand. It calculates and predicts inventory based on historical or demand sales forecasts, and thus, it helps businesses manage inventory more efficiently and with greater accuracy. As a part of NetSuite, the solution also simplifies supply management, automatically generating purchase orders, transfer orders and work orders the moment business leaders evaluate demand trends and create a plan.   

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