Exploring the Power of NetSuite WMS: Streamlining Warehouse Management

Author

Mayuri Kuldeep Chaudhari

November 6, 2023

Introduction

In today’s dynamic business environment, efficient warehouse management is crucial for success. With the rise of e-commerce, omnichannel retail, and global supply chains, wholesale distribution, businesses require robust solutions to optimize operations. NetSuite WMS emerges as a leading solution, enhancing visibility and streamlining warehouse processes to ensure efficiency and competitiveness.

Understanding NetSuite WMS

As part of the NetSuite ERP suite, NetSuite WMS provides a comprehensive system for managing inventory, order fulfillment, and distribution processes. It integrates seamlessly with other NetSuite ERP modules, creating a unified platform for handling multiple business operations.

NetSuite WMS automates and optimizes warehouse tasks by leveraging mobile devices and workflows tailored to individual warehouse configurations. From receiving to shipping, each transaction updates NetSuite inventory data in real time, offering accurate insights into inventory levels.

Key Features and Benefits of NetSuite WMS

Real-Time Visibility: Gain instant access to inventory, order statuses, and overall warehouse performance. This helps reduce risks like stockouts or overstocking while optimizing reorder points.
Inventory Accuracy: Advanced tracking and barcode scanning minimize errors and ensure reliable inventory data.
Optimized Order Fulfillment: Streamlined picking, packing, and shipping processes improve efficiency and reduce operational costs.
Multi-Location Support: Manage inventory across multiple warehouses or distribution centers, balancing stock levels effectively.
Demand Forecasting: Leverage historical data to predict future demand, improving inventory planning.

New Enhancements in NetSuite 2023.2 for Warehouse Management

1. Updates to Wave Creation

New options for creating custom wave criteria templates on the Wave Criteria page.
Unreleased orders can now be assigned a Pending Release or Released status before wave processing.

2. Enhanced Pick Task Details and Bulk Assignment

Additional columns for pick task lines provide more item and order details.
Assign multiple pick tasks to warehouse operators or reassign them in bulk during wave generation.

3. Advanced Pick Reversal Capabilities

Reverse pick tasks for work orders that have not been partially or fully built.
Reverse up to ten pick task lines at once, including specific lot numbers or over-selected components.

4. Updates to Mobile Processes

Search orders by Manufacturer’s Part Number (MPN) during PO Receiving.
Tally diverse item types during inbound shipment and PO Receiving operations.
Enable restocking for returned items using the Advanced Receiving feature.
Scan HIBC barcodes to enter items into inventory operations.
Utilize the Transfer All option for serialized or lot items during bin transfers.

Why Choose NetSuite WMS?

NetSuite WMS provides businesses with the tools they need to optimize warehouse operations while integrating seamlessly with NetSuite ERP. The 2023.2 enhancements further improve functionality, making it a powerful solution for modern warehouse management.