JustEnough integrates demand planning software with NetSuite
Integrated software solution can help NetSuite customers reduce costs of product overstocks.
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JustEnough Software Corp., a global leader in demand management, today announced the integration of its demand planning solution with the NetSuite cloud-computing platform. JustEnough demand planning helps automate demand forecasting, inventory planning and ordering and replenishment processes. The combined solution enables NetSuite customers to improve purchasing margins and reduce the costs of product overstocks and obsolescence by accurately forecasting customer demand, targeting high service levels and optimizing sourcing.
“With our Demand Planning for NetSuite solution, users will no longer need to rely on multiple, static spreadsheets to plan their operations,” said Malcolm Buxton, president and CEO of JustEnough. “Instead, they can ensure products are at the right place and at the right time.”
JustEnough demand planning features include demand forecasting, inventory planning, and ordering and replenishment applications. Demand forecasting accommodates everything from erratic products to seasonal variations and trends. Inventory planning helps optimize inventory levels for high profit margins and low inventory carrying costs. Ordering and replenishment creates a forward-looking, time-phased ordering plan that considers both the demand forecast and the current inventory plan.
The demand planning for NetSuite solution gives users an integrated tool for ensuring that products are delivered to the right place and at the right time, regardless of whether inventory is sourced from overseas vendors or dispersed among branches. As a result, demand planning for NetSuite can help NetSuite customers maximize customer satisfaction while minimizing the costs of ordering, shipping and storing inventory.
“JustEnough Demand Planning for NetSuite extends NetSuite for customers looking to break away from the see-saw effects of constantly under- and overstocking product,” said Guido Haarmans, NetSuite’s vice president of developer programs. “The low subscription costs and easy implementation make it a compelling choice for our manufacturing, e-commerce, retail and distribution customers.”
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