NetSuite Inventory Review

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Last updated: Aug 02, 2019

NetSuite Inventory Review

ITQlick rating
(4.2/5)

Small business, Medium business, Large business

NetSuite is an inventory management and POS solution for retail businesses of all sizes. It features POS, e-commerce, inventory management, and customer management modules. The software was designed and launche...

  • Categories :

    • Inventory Management
    • Data Warehousing

Shlomi Lavi / updated: Aug 02, 2019

What is NetSuite Inventory?

NetSuite is an inventory management and POS solution for retail businesses of all sizes. It features POS, e-commerce, inventory management, and customer management modules. The software was designed and launched by NetSuite, Inc., headquartered in California, United States.

NetSuite Inventory Average Rating -

The rating of NetSuite Inventory is 4.2 stars. The rating is based on ITQlick expert review

NetSuite Inventory Typical Customers

The software is extensive enough for businesses of all sizes. The end-to-end retail business solution provided by the software has been used in such industries as e-commerce, real and wholesale, manufacturing, healthcare etc. Some noteworthy customers of the software include Oakland Athletics, Cornerstone OnDemand, and Guitar Center Pro etc.

NetSuite Inventory Features

Main POS features of the software include barcode scanning, customer history, receipts printing, and delivery setup. For e-commerce supervision, the software offers the features of auto inventory update on website, gift registry, online shipping, and product catalog management. The software offers inventory management features of automated orders, customer orders, inventory transfers, and serial number assignment. It also features a variety of useful CRM and employee management capabilities.

NetSuite Inventory 3 Pros

  • Reporting module of NetSuite allows extensive customization options for sales, inventory, and other reports.
  • The software offers integration with popular third party applications such as Microsoft Dynamics and QuickBooks.
  • You can track the details of individual employee performance with NetSuite.

NetSuite Inventory 2 Cons

  • There is no option of on premise deployment on the software.
  • NetSuite does not offer POS features of credit card processing and multiple payment forms.

NetSuite Inventory Alternatives

The key competitors for Netsuite Inventory Management are Stitch Inventory Management and Epicor Inventory Management.

Stitch Inventory Management provides an integrated solution for inventory control that can handle multi channel commerce. Its features include stock control, product bundling, warehouse management, as well as integration with ecommerce platforms for online order fulfillment. There is also support for point of sales operations, procurement as well as integration with Quickbooks and Xero for accounting requirements, as well as major freight companies to monitor inventory delivery & shipment status.

Netsuite Inventory Management in comparison is a cloud based solution which can manage the entire product lifecycle across multiple lines of business. While it has similar features to Stitch Inventory Management, it also has its own financial system that can manage inventory costing. Additionally the product includes planning & forecasting tools with analytics & dashboards to deliver real-time views of inventory status and revenues.

Then there is Epicor Inventory Management which can be deployed on premise, in the cloud or as a hosted solution. It offers some specialized features such as advanced demand forecasting which utilizes both internal and industry trends to optimize inventory allocations, as well as vendor managed inventory to ensure efficient and accurate deliveries as per requirement. There is also a Lot Traceability feature to improve stock management & storage so as to improve the fulfillment process.

Netsuite Inventory Management does not fully support these features, but it does handle supplier relationship management to improve the procurement process. Additionally the product can be integrated with Manufacturing to ensure product fulfillment is more attuned to demand requirements.

NetSuite Inventory Pricing Information

The price is available upon request.

NetSuite Inventory demo

25 questions to ask the vendor on NetSuite Inventory demo

NetSuite Inventory Categories

Inventory Management
Data Warehousing

Specifications

Company:
Address: NetSuite Inc, Campus Drive, San Mateo, CA
Customers: Small business, Medium business, Large business
Business Area: Cross Business Areas
Platforms: Desktop, Cloud
Operating Systems: Mac OS, Windows, Linux

NetSuite Inventory Features

Inventory Optimization
Order Entry
Purchasing
Vendor Managed Inventory
Warehouse Management

NetSuite Inventory Vs. Alternatives

ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 score, based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Hosting
Functionality score
Fit small business
Fit medium business
Fit large business
Software review
Compare
NetSuite
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
92/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Hosting
On premise and Cloud
Functionality score
7
Fit small business
Fit medium business
Fit large business
Software review
Fishbowl
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
98/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.2/10
License pricing license pricing (if provided by the software vendor)
$4,395 Per license
Hosting
On premise and Cloud
Functionality score
6
Fit small business
Fit medium business
Fit large business
Software review
Epicor
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
95/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
6/10
License pricing license pricing (if provided by the software vendor)
$55 Per month/user
Hosting
On premise and Cloud
Functionality score
23
Fit small business
Fit medium business
Fit large business
Software review
SalesBinder
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
92/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
5.6/10
License pricing license pricing (if provided by the software vendor)
$19 Per month/user
Hosting
Cloud
Functionality score
4
Fit small business
Fit medium business
Fit large business
Software review
PhiConnect
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
92/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
5.2/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Hosting
On premise
Functionality score
3
Fit small business
Fit medium business
Fit large business
Software review