Items and Inventory Features

Administrators can enable the following features on the Items & Inventory subtab of the Enable Features page:

Feature	Description
Items
Drop Shipments & Special Orders	Ship items directly from your vendor to your customer.
Matrix Items	Track inventory and pricing separately based on item options, like tracking shirts by color and size.
Multiple Vendors	Manage procurement from multiple vendors and track vendor details like vendor name, item code, and purchase price.
Gift Certificates	Sell gift certificates to customers in set or variable amounts. When they buy a gift certificate, they'll enter recipient information, and the message, amount, and code are emailed to the recipient. Gift certificates apply to the total order amount and you can reuse them if there's a remaining balance.
Sell Downloadable Files	Enable download item records and online forms with downloads. Attach files to item records for customers to buy and download from your web store. Online forms with downloads let you offer free downloads to leads when they give you their contact information. You can also use this feature to share files with customers for free. For example, you can attach terms of service to their record for easy access through the Customer Center.
Bar Coding and Item Labels	Create bar codes to track transactions and items, then print labels with the item's bar code.
Advanced Item Location Configuration	Check this box to manage item attributes by location and view only the data you need for each one.
Merchandise Hierarchy	Create custom merchandise hierarchies to help you analyze sales, purchases, and inventory data.
Personalized Catalog Views	Group web store customers and give each group a customized catalog selection.
Inventory
Inventory	Manage your inventory quantities and profits from buying and selling. Note: When you enable this feature, it creates system-generated Inventory Asset and Cost Of Goods Sold accounts.
Multi-Location Inventory	Track inventory across multiple locations. You'll also need to enable Locations, Inventory, Advanced Shipping, and Advanced Receiving. Note: After you enable Multi-Location Inventory and distribute items, you can't turn it off without contacting Customer Support. Note: When you enable this feature, it creates system-generated Transfer Orders and Inventory In Transit accounts.
Advanced Bill of Materials	Check this box to enable Advanced Bill of Materials. Note: Enabling this feature can change assemblies, item revisions, manufacturing routing, work orders, assembly builds, and unbuilds, which can affect related customizations and integrations. For more information, see Advanced Bill of Materials.
Assembly Items	Build assembly items using raw materials (inventory items) in NetSuite.
Work Orders	Use assembly work orders to track the production of items for stock or to fill orders — they'll track quantities of needed assemblies and components. Note: When you enable this feature, it creates a system-generated Work Orders account.
Serialized Inventory	Assign serial numbers to each item to track inventory. Note: After you've enabled Serialized Inventory and created serialized items, you can't turn it off.
Lot Tracking	Use lot numbers to track groups of items. Note: After you've enabled Lot Tracking and created tracking items, you can't turn it off.
Bin Management	Create bin records to track inventory storage in your warehouse and on-hand quantities. Bins help warehouse staff quickly find items when picking and fulfilling orders, and show where to place items when receiving stock.
Advanced Bin/Numbered Inventory Management	Use bins with serial and lot numbered inventory for efficient management.
Inventory Status	Check this box to assign inventory statuses and manage your processes. You can also choose to make items unavailable for allocation based on their status. For more information, see Inventory Status.
Advanced Inventory Management	Let NetSuite predict item demand and adjust ordering suggestions. New stock purchases are based on past purchases and sales.
Warehouse Management	Use mobile devices to manage tasks from receiving to shipping. Use wave transactions to send orders to the warehouse, fulfill items, and track picking and staging as pickers process orders on their devices. Note: You'll need the SCM Mobile and Oracle NetSuite WMS SuiteApps to use Warehouse Management. See Installing the NetSuite WMS SuiteApps. For more information, see NetSuite WMS Overview.
Landed Cost	Track extra costs like duty fees, insurance, and shipping when you buy items.
Supply Allocation	Use Supply Allocation to consider future and current inventory when making commitments.
Sales Channel Allocation	Use Sales Channel Allocation to track order-to-cash processes by sales channel.
Demand Planning	Predict future demand for items and use demand and supply plans to manage inventory replenishment. You'll need to enable Advanced Inventory Management to use this feature. For more details, read Demand Planning.
Distribution Resource Planning	Use Distribution Resource Planning to optimize inventory across locations and, for OneWorld accounts, subsidiaries. Transfer items between locations to meet supply needs within a preset distribution network.
Material Requirements Planning	Check the box to activate Supply Planning.
Available to Promise	Check item availability based on open transfers, purchase orders, work orders, and sales orders. For more information, read Available to Promise.
Standard Costing	Identify costing opportunities by tracking standard costs and analyzing variances. For more information, read Standard Costing.
Group Average Costing	Group average costing lets you track one average cost for an item across multiple locations in a group. Group average costing is only available when you've enabled Multi-Location Inventory, and it works for both inventory and assembly items.
Manufacturing Work In Process	Track work-in-progress with work order issue and completion. For more information, read Manufacturing Work In Process (WIP).
Outsourced Manufacturing	Track outsourced manufacturing for components you own, and automate workflows for work orders, purchase orders, item receipts, and assembly builds.
Intercompany Cross-Subsidiary Fulfillment	In NetSuite OneWorld, check this box to use Intercompany Cross-Subsidiary Fulfillment for order fulfillment and returns across subsidiaries. For more information, see Intercompany Cross-Subsidiary Fulfillment.
Centralized Purchasing and Billing	Use Centralized Purchasing and Billing in your OneWorld account to manage orders and vendor returns across subsidiaries.
Inventory Count	This helps you track inventory better and control assets more tightly. With this feature, you can do regular inventory counts to stay accurate, reduce safety stock, and lower overhead costs.
Manufacturing Routing and Work Center	Record quantity completions, resource costs, and overheads for each work order operation.
Supply Chain Control Tower	Check this box to simulate inventory supply and demand across your supply chain. For more information, see Supply Chain Control Tower.
Related SuiteApps Supply Chain Management Grid Order Management	For more information, see the following. Supply Chain Management SuiteApp Grid Order Management

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