Enterprise options supplier NetSuite introduced a brand new stock counting resolution in addition to enhancements to its Analytics Warehouse.
NetSuite Good Depend permits for automated stock counts, which may even be performed dwell with out having to freeze transactions. If exercise does occur throughout a rely, then the software program will alert the counter, who can then take acceptable actions. The embedded NetSuite product, which integrates with its present Stock Administration resolution, sports activities the next extra options:
- It permits directors to decide on what occurs if the on-hand amount adjustments for an merchandise throughout the rely course of.
- It supplies lists of things that have to be counted utilizing predefined standards, guidelines and key drivers.
- It routinely triggers recounts to test the accuracy of a given bin if the stock ranges fall under a reorder level.
- It provides visibility into all objects because of be counted in a location.
- It permits the usage of cell device-readable barcodes.
“Stock counts are an vital check-and-balance that guarantee data are correct, however with out the fitting instruments in place, they’re typically costly, labor-intensive and time-consuming to conduct,” mentioned Gary Wiessinger, Oracle NetSuite’s senior vp of product administration, in an announcement. “With NetSuite Good Depend, we’re automating your complete course of for our prospects in order that they’ll rapidly and simply validate stock data to assist guarantee stock availability, optimize stock ranges, and return to doing what they love — working their enterprise.”
NetSuite additionally introduced enhancements to its already-existing NetSuite Analytics Information Warehouse. New options for the product embody:
- Customers can now choose the customized knowledge to movement from NetSuite into the information warehouse on the following scheduled refresh, and its placement in a topic space knowledge snapshot — akin to finance, buying, stock, gross sales and extra — with no need to code.
- Customers can now export content material from one NetSuite Analytics Warehouse occasion to a different. For instance, somebody can create a Workbook and dashboard in a sandbox account after which use Bundles to export it right into a manufacturing account.
- Customers can now entry an expanded listing of pre-built subject material knowledge snapshots and key metrics for role-specific enterprise insights. This features a financials snapshot of income dedication, income dedication reversal and income association; a gross sales snapshot of alternative and fee; a list snapshot of price reevaluation, bin switch and bin put away; and a retail stock snapshot of gross margins, spend and financials.
- Companies prospects can now entry a brand new subscription-centric challenge administration module to optimize income administration.
“Regardless of having extra knowledge accessible, many enterprise leaders really feel that call making is more durable than ever,” mentioned Wiessinger in an announcement. “By harnessing the machine learning-powered analytical capabilities of Oracle Analytics Cloud and the extremely automated Oracle Autonomous Database for analytics and knowledge warehousing, the improved NetSuite Analytics Warehouse supplies organizations with related and dependable knowledge.”