Enabling Features for Inventory Management

When you enable the Inventory feature, you can also enable features for orders and locations along with their prerequisite features.

To enable features for Inventory Management:

  1. Go to Setup > Company > Setup Tasks > Enable Features.

  2. On the Enable Features page, click the subtab, and then check the box next to the features you want to use.

    The following table shows the list of required features depending on your inventory management setup:

    Note:

    You should enable Multi-Location Inventory when you enable the Locations feature, even if you plan to track only one location. This is recommended especially for NetSuite OneWorld accounts.

    Setup options

    Company subtab

    Transactions subtab

    Items & Inventory subtab

    Inventory Only

     

     

    Inventory

    Inventory with Locations

    Locations

     

    Inventory

    Inventory with Multi-Location Inventory

    Locations

    Sales Order

    Advanced Shipping

    Advanced Receiving

    Inventory

    Multi-Location Inventory

  3. (Optional) On each subtab, check the box next to additional features that you want to use. See Additional Features for Inventory Management.

  4. Click Save.

After you enable features, you can set preferences, create locations, and set up inventory items. See Inventory Setup with Locations and Multi-Locations.

Additional Features for Inventory Management

You can enable additional features to tailor how you identify, process, and track details for inventory management. Other features that you enable may have their own preferences that you can set and required records.

The features you use determine the flexibility you have in managing your inventory and the ability you have to report on your inventory functions. When you use more inventory features, NetSuite can track and report on more detailed information.

  • Features for Inventory Items

    Depending on the type of items in your location, you can enable features for items, units, and costing. If you want to track numbered inventory types, you can enable Serialized Inventory or Lot Tracking. You can also enable features to generate, print, and scan item bar codes. See Item Types or Item Record Management.

  • Features for Orders and Drop Shipments

    You can use the Purchase Orders feature to track inventory items you order and track receipt of the items into your inventory. Choose to let your vendors have access to view the purchase orders you place. See Purchasing.

    When you enable the Drop Shipments & Special Orders feature, you can drop ship items directly to your customers from your vendors. Automatically generate purchase orders for drop ship items on sales transactions. Drop-ship purchase orders show the preferred vendor for the item and the customer's shipping address.

    You can use special orders to purchase and track items that may not follow regular inventory processing. Use special orders for just-in-time orders, customized items, and items you prefer not to keep in stock.

    See Drop Ship Items and Special Order Items.

    If you enable the Return Authorization feature, you can create authorizations to record items being returned to you from customers. Tracking returns helps you to manage how and when returns are approved and received back into inventory. See Customer Return Management.

  • Inventory Count

    Inventory Count enables you to enter regular periodic counts of on-hand item quantities to maintain inventory accuracy. You can create manual and calculated inventory counts. See Inventory Count.

  • Bin Management

    Bin Management enables you to create bin records that identify the places you store inventory items within your warehouse and track on-hand quantities. You can also use bins to specify where items need to be put away in stock when you receive them. See Bin Management or Advanced Bin / Numbered Inventory Management.

  • Inventory Status

    If you enable the Advanced Bin/Numbered Inventory Management feature, you can enable the Inventory Status feature. The Inventory Status feature lets you assign statuses to inventory to drive internal processes. You can choose to make items unavailable to be allocated to orders based on their associated inventory status. See Inventory Status.

  • Advanced Inventory Management

    You can use the Advanced Inventory Management feature to automate demand-based inventory replenishment. This feature provides additional inventory features for advanced planning and supply allocation. See Advanced Inventory Management.

  • Intercompany Cross-Subsidiary Fulfillment

    If you use the Multi-Location and Multiple Shipping Routes features, you can enable the Intercompany Cross-Subsidiary Fulfillment feature on your NetSuite OneWorld account. This feature enables you to fulfill orders and receive returns across multiple subsidiaries. See Intercompany Cross-Subsidiary Fulfillment.

  • Advanced Item Location Configuration

    Along with the Multi-Location feature, you can enable the Advanced Item Location Configuration feature, which offers the advanced management of assigning and maintaining item attributes associated with locations. It also provides the ability to filter the location information that displays on item records to make item attribute data more accessible. See Advanced Item Location Configuration.

Related Topics

Inventory Management Overview
Inventory Management Setup
Configuring Per-Line Locations for Transactions
Setting the Inventory Level Warnings Preference
Converting Non-Inventory Items to Inventory Items
Multi-Location Inventory
Distributing Inventory
Setting Up Advanced Inventory Management
Basic Inventory Management
Inventory Reporting

General Notices