Inventory

NetSuite's Consigned Inventory Management feature helps wholesale sellers track stock they don't own. It keeps vendor stock separate, cuts manual work, and helps businesses save cash.

NetSuite lot tracking helps food, drug, and manufacturing firms trace goods by batch. Serial tracking helps medical device and electronics firms track each unit, handle returns, and check warranty claims.

A NetSuite saved search can group inventory transactions by age. This works best for distributors, manufacturers, and retailers who need an aging signal without third-party tools.

NetSuite inventory adjustments fix stock counts and values without purchase orders. They work best for warehouse managers and finance teams who need accurate stock records and clear audit trails.

Your customer service team wastes 2-3 hours daily calling warehouses to verify stock levels while production supervisors manually track WIP across facilities using spreadsheets. Meanwhile, emergency transfers between locations can drain thousands annually in premium freight costs. NetSuite's Multi-Location Inventory feature transforms your ERP into a distributed inventory management platform—and for manufacturers leveraging NetSuite ERP services, this capability comes included at no additional cost across all editions.

A NetSuite user might make a mistake in their inventory management process and not know how to correct it. Here are a few things to watch for when solving such a problem.

This is a quick guide to how NetSuite WMS functions and how to resolve one of the most common challenges in NetSuite WMS of stuck inventory.

Every inventory transaction affects your bottom line, yet many businesses struggle to track costs accurately across fluctuating purchase prices and multiple warehouse locations. NetSuite's average cost method—the platform's default inventory costing approach—automatically calculates a weighted average cost whenever you receive or adjust inventory. When implemented correctly, this method eliminates manual cost tracking headaches and delivers accurate COGS (Cost of Goods Sold) on every transaction.

NetSuite ERP is a strong fit for growing farms, food producers, and ag distributors. It connects inventory, finance, lot tracking, and food safety records in one cloud system.

NetSuite WMS is Oracle NetSuite's built-in warehouse management module. It replaces manual, paper-based processes with mobile barcode scanning, bin-level tracking, and directed picking workflows. It is best for mid-market distributors, manufacturers, and retailers already running NetSuite ERP who want warehouse control without adding a separate system.

Discover how to configure NetSuite item records to enforce a minimum and maximum quantity on web store orders and even sales orders placed in NetSuite.

NetSuite landed cost is the native feature that allocates freight, customs duties, insurance, and other acquisition expenses directly to inventory items, ensuring each unit's recorded cost reflects the true total cost of getting that product to your warehouse, not just the vendor invoice price.