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NetSuite Demand Planning

Plan ahead and be ready for what comes next with a configurable demand planning tool that reduces inventory holding, costs and waste.
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Forecast demand. Improve planning.

Get a 360-degree view of the planning process and end-to-end visibility into inventory and demand to streamline sales and operations planning. Predict future inventory needs based on historical demand, seasonality, open opportunities, sales forecasts and other metrics. Then pinpoint when to reorder, and in what quantities, so you never have overstock sitting idle on warehouse shelves.

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NetSuite Demand Planning product features

An integrated planning tool

Easily calculate demand, review and revise demand plans, generate supply plans, and create purchase, transfer and work orders.

Tweak item parameters

Take a tailored approach by fine-tuning item parameters and make your inventory management align perfectly with each product’s unique needs and dynamics.

Allocation exceptions management

Review all sources of supply and manage allocations to ensure that high-priority orders ship complete and on time.

Multi-location supported

Define and track inventory across multiple physical locations or warehouses in real-time. Categorise warehouses by hierarchy, country or other relevant criteria.

Analyse trends & seasonality patterns

Gain a deeper understanding of what drives demand and the strategies needed to align supply with fluctuating demand levels.

Increase accuracy and efficiency

  • Lower costs

    Efficiently manage cash flow by minimising carrying costs and the amount of cash tied up in inventory.

  • Adopt leaner strategies

    Reduce wastage of warehouse space and lower inventory costs by ensuring there is enough stock to produce only what you need, when you need it.

  • Drive profitability & ROI

    Ensure there is always stock in hand to fill customer orders — without excess that will go unsold or need to be discounted.

Speak to the experts

Our team of NetSuite certified consultants are ready to help you evaluate, and deploy NetSuite Demand Planning.

Contact Annexa
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Frequently asked questions

What is NetSuite Demand Planning?

NetSuite Demand Planning is a feature within the NetSuite ERP system that enables businesses to forecast demand for their products or services accurately.

How does NetSuite Demand Planning work?

It uses historical sales data, trends, and other relevant factors to predict future demand for goods or services. It helps businesses anticipate customer needs and optimise inventory levels accordingly.

What are the benefits of using NetSuite Demand Planning?

Some benefits include improved inventory management, reduced stockouts and excess inventory, increased customer satisfaction, and better decision-making based on data-driven forecasts.

Can NetSuite Demand Planning integrate with other modules or systems?

NetSuite Demand Planning natively works with other modules within the NetSuite ERP system, such as inventory management, sales, and financials.

How customisable is NetSuite Demand Planning?

It offers a high level of customisation to suit the unique needs and preferences of different businesses. For example, users can adjust forecasting models, parameters, and settings to align with their specific requirements.

How accurate are the forecasts generated by NetSuite Demand Planning?

The accuracy of forecasts generated by NetSuite Demand Planning depends on the quality of input data, historical trends, and the chosen forecasting methods. However, NetSuite’s advanced algorithms and analytical capabilities contribute to producing reliable forecasts for informed decision-making.

Can NetSuite Demand Planning help with seasonal demand fluctuations?

Yes, NetSuite Demand Planning can effectively handle seasonal demand fluctuations by analysing historical patterns and adjusting forecasts accordingly. This allows businesses to anticipate and prepare for peak demand periods and optimise inventory levels to meet customer needs.