NetSuite Cross-Subsidiary Fulfilment for companies
Leveraging Integrated Systems: The Key to Streamlined Operations and Enhanced Reporting
See how the transformation project lowers shipping costs and minimises the need for drop-shipping and inter-company transfers for Retail, Distribution and Manufacturing companies on Oracle NetSuite ERP platform.
Introduction
Cross-subsidiary fulfilment feature of Oracle NetSuite enables Retail, Distribution and Manufacturing companies to easily define which subsidiaries and locations can trade with one another and under what conditions.
Summary
This empowers operations teams to make optimal use of inventory and assign individual lines on a sales order for fulfilment and shipment from multiple locations across multiple subsidiaries, lowers shipping costs and minimises the need for drop-shipping and inter-company transfers.
Some benefits of Cross Subsidiary Automation are outlined below:
- Removes the need for Inter-company Purchase Orders with matching Inter-company Sales Orders, dramatically reducing the administrative overhead involved in purely internal transactions.
- The customer’s Sales Order is the focus of all inventory planning.
- Multi-location orders enable the optimisation of Inventory Storage Points.
- Transfer Pricing is automated to ensure corporate and taxation compliance.
- Revenue allocated correctly in the right Subsidiary/Entity.
- COGs allocated corrected in the right Subsidiary/Entity.
- Internal profits are automatically eliminated in consolidated reports.
AVT has integrated the AVT Shipping SuiteApp with SmartFreight® to work with Cross Subsidiary Fulfilment and using the right account and sender details to dispatch and track fulfillments.
To find more about Oracle NetSuite deployment services and get your deployment strategy with ERP please reach out to AVT – Absolute Vision Technologies at Contact AVT Page. AVT is committed to supporting your ERP transformation journey.
Oracle NetSuite ERP System – The #1 Cloud Business Management System
The only ERP you’ll ever need
Oracle NetSuite ERP is a cloud based business platform that provides your business with complete end to end solution and integrated reporting to run your organisation in a streamlined way. With over 32K customers globally, your business can easily deploy and roll out streamlined processes, prebuilt Dashboards, Reports, KPI that can help overcome reporting and operational challenges you are facing today and align your business to meet future needs. Using the APIs, you can easily integrate your ERP data with 3rd Party systems and reduce your data entry administration.
To learn more, AVT – Australia’s Leading NetSuite Solution Provider & Partner has created a complimentary NetSuite ERP Evaluation micro-site to help executives learn more about ERP and its deployment, using pre-recorded process demo videos, White papers and data sheets, so you may evaluate this at your own pace. You can gain access to to the site by completing your Registration in the link: NetSuite Overview Demos.
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