Oracle NetSuite has added new features to its platform to help organizations streamline and enhance financial, supply chain and operational management.
For supply chain and operations professionals, new features include:
Automated Fulfillment Capabilities: Help users allocate inventory to optimize profit by automatically filling orders based on user-defined criteria such as lead time, shipping cost, or fill rate.
Supply Planning Capabilities: Help users align supply and demand by providing new planning features for material requirements planning (MRP) and a dedicated repository that allows planners to easily monitor, release, and review orders.
Intelligent Predicted Risk: Helps users gain greater insight into the potential risks of goods not shipping on time. For example, machine learning algorithms can identify purchase, sales, or transfer orders that are at risk and provide alternative recommendations.
NetSuite has also introduced Business Now, a resource guide designed to help businesses navigate the unknown and plan for what’s next. It includes practical guidance, industry insights, and inspirational stories from businesses around the world, including HINT, LovelySkin and T3 Micro, about how they are adapting to change.
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For more new products, visit newequipment.com