Running a warehouse is much more challenging than storing the products. Businesses need to manage the inventory and fulfill customer orders, and reduce the error rate. Keeping the operational cost under control is another key factor for choosing NetSuite 3PL WMS, as the ordinary ones are very common and prone to errors.

Unlike traditional warehouse software management solutions, NetSuite WMS is built to meet the unique demands of customers and connect the inventory, purchasing, sales, finance, and warehouse operations into one centralized hub, allowing the admins to monitor and manage it all smoothly through it. But what makes NetSuite’s warehouse management system different from others?

For your ease and understanding, we are going to explain it all here:

What makes NetSuite Warehouse Management System different from Others?

But what makes NetSuite Warehouse Management System different from other warehouse management solutions? Let’s take a closer look.

1.     A Complete ERP System Under One Platform:

You know, one of the biggest advantages of using a NetSuite WMS is that you become a part of the ERP ecosystem. Yes, you read it right. Many warehouse management solutions lack this, and they make the admin follow up different modules just to keep track of everything that is happening within the warehouse and inventory. Businesses mostly require a third-party integration to connect the inventory, accounting, purchasing and shipping modules for smooth operations.

But if you are using NetSuite, then everything will be managed smoothly with one software solution.

You get the following perks with NetSuite WMS:

• Inventory updates automatically after every sale.
• Finance teams can see inventory values in real time.
• Purchasing teams know exactly when to reorder products.
• Customer service teams can instantly check order status.

2.     Real-Time Inventory Visibility:

Maintaining accuracy in the inventory is one of the biggest issues for warehouses and those who are running the warehouse from upper management.

With the integration of NetSuite WMS, you get real-time visibility into the inventory across different warehouses and locations. Moreover, products are received, moved, picked, and packed, and the inventory levels are updated within the database as well without any manual effort.

This entire process will help the businesses:

• Prevent stock shortages
• Reduce overstocking
• Improve inventory accuracy
• Make faster purchasing decisions
• Deliver better customer service

3.     Barcode Scanning of the Products:

Manual inventory processes lead to errors and humans mostly do errors and waste time in fixing those errors. Whereas, NetSuite warehouse management solution allows mobile barcode scanning allowing the warehouse staff to perform tasks and use handheld devices for the business.

4.     Smarter Order Picking

Picking products from the inventory is one of the most crucial and time-consuming tasks in the warehouses, and NetSuite WMS again helps businesses with efficient picking strategies and management, and it also includes:

• Wave picking
• Zone picking
• Batch picking
• Bin-based picking

5.     Easy Management of the Inventories

The fifth attribute that is linked to the warehouse management solution is easy management of the inventories, and instant responses from the customers for better collaboration.

Businesses can easily:

1. Track the inventories by warehouse or through the bin.
2. Manage the lot-controlled inventories.
3. Monitor the serialized products.
4. Handle the returns on the parcels.
5. Reduce inventory shrinkage through the module.

6.     Seamless 3PL WMS Integration

Most of the businesses are now growing and relying on third-party logistics such as 3PL providers handling the warehousing and order fulfillment. Whereas 3PL WMS capabilities and NetSuite WMS integrations allow businesses to seamlessly connect logistics partners with ERP solutions and enable automatic inventory synchronization, faster order processing, real-time shipment tracking, and improved communication between the warehouses and logistics provider.

7.     Cloud-Based Accessibility

Unlike traditional warehouse systems that require on-premise servers and expensive maintenance support, NetSuite WMS operates entirely on itself without any external efforts. It offers accessibility to the warehouse data, automatic software updates and lower IT infrastructure costs with better disaster recovery and management.

8.     Advanced Reporting and Analytics

It’s really important for the firms to take data-driven decisions rather than advanced reporting and analytics reports. Whereas, NetSuite WMS helps with built in dashboards and comes with reporting analysis tools that help the businesses analyze the warehouse performance in real time. Managers can monitor the important KPIs like inventory turnover rate, order fulfillment rate, and picking of the parcels to the deliveries to maintain accuracy.

Scalability for Growing Businesses

Lastly, we would say that warehouse management solutions are ideal for the management of inventories but indeed a NetSuite would be a great choice. Businesses are now scaling themselves up and operations are becoming more complex to be managed under the supervision of humans only. Traditional warehouse systems mostly struggle with the increase in support and order volume management however, with multiple warehouse locations; NetSuite WMS is designed for growing at an unprecedented rate, and enabling change for the businesses. So, if you are managing a warehouse or any other international distribution network then, NetSuite would be a great choice for you.

Wrapping Up

And we are done for the day. Warehouses directly impact the customer satisfaction ratio, and operational cost leading to business profitability. Unlike the conventional warehouse management systems, NetSuite WMS combines all the warehouse operations with ERP capabilities, offering complete visibility of the business across the inventory, finance and purchasing module for better result analysis.

 You can always hire a professional firm who will understand your business processes, and deliver you the best version of the WMS solution that helps with management of all the core departments without any hassle or delays. We have covered everything within the blog and if you think we have missed anything then feel free to let us know. We would love to hear it back from you. Happy reading.