After you distribute existing unallocated inventory or when you enter new item records, you can configure item settings per location. On item records, you can set a preferred location, reorder point, and preferred stock level. You can also view quantities or inventory levels.
To access item records, go to Lists > Accounting > Items. From the Items list, you can do the following:
Set details on item records - When you edit an inventory item, you can choose a preferred location, set a reorder point, and specify your preferred stock level. You can set these values on Locations subtab of the Purchasing/Inventory subtab.
For detailed instructions, see Locations.
View Stock Levels of All Inventory Items – In the View field of the Items list, you can select Stock to view the preferred location along with following total quantities across all locations per item:
Quantity On Hand – the number of units of an item in stock
Quantity On Order – the number of units of an item pending receipt from a vendor
Quantity Committed – the number of units of an item reserved by unfulfilled sales orders
Reorder Point – the stock level at which a new order for the item needs to be placed
When an item reaches its Reorder Point, a reminder is generated to purchase the item.
Preferred Stock Level – optimum quantity to maintain in stock of an item
Along with the reorder point, this quantity is used to determine your replenishment needs on the Order Items page.
View Stock Levels of Individual Inventory Items – When you view an inventory item, you can view the stock level details per location. You can also view the purchase price and total value (the number of items in stock multiplied by the purchase price).
If you sell items online with a NetSuite Web Store, you cannot designate a single location for your Web Store inventory. Your Web Store shows the quantity on hand for all locations combined, including locations such as In Transit, Consignment, and international warehouses. See Item Availability or Shopping Preferences.
- Inventory Setup with Locations and Multi-Locations
- Setting the Inventory Level Warnings Preference
- Multi-Location Inventory
- Distributing Inventory
- Non-Available Inventory Settings for Locations
- Returned-Item Costing Using Multi-Location Inventory
- Transferring Inventory
- Inventory Replenishment and Withdrawal