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Home » NetSuite Adds Demand Planning; Partners for Cloud Computing

NetSuite Adds Demand Planning; Partners for Cloud Computing

June 20, 2011
NetSuite Inc.

NetSuite Inc., a provider of financial and enterprise resource planning software in the cloud, has added new demand-planning features to its business-management suite. NetSuite Demand Planning is aimed at wholesalers, manufacturers, retailers and distributors. It helps companies to forecast peaks and troughs in demand, and minimize capital tied up in inventory. According to the vendor, the demand-planning capability bridges the gap between the front and back office, allowing companies to align sales forecasts with inventory replenishment plans. Businesses can use sales forecasts to build inventory plans or augment them with special predictions, such as marketing input in new product launches. Inventory plans can be built using statistical forecasting models, such as linear regression, moving averages and seasonal averages, based on historical sales data. In another company development, NetSuite has formed a systems integrator partnership with Burr Pilger Mayer, the California-based accounting and consulting firm. The arrangement gives BPM a foundation for building a cloud integration practice focused on implementing and supporting NetSuite's cloud computing global business management suites, as well as building vertical SuiteApps for the NetSuite SuiteCloud platform.

Demand Planning

Cloud Computing 

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Reverse Logistics Technology Cloud & On-Demand Systems ERP & Enterprise Systems Forecasting & Demand Planning Product Lifecycle Management SC Finance & Revenue Management SC Planning & Optimization Sourcing/Procurement/SRM Supply Chain Visibility Order Fulfillment
KEYWORDS Cloud, SaaS & On-Demand Systems EDI Communication (XML/EDI) ERP & Enterprise Systems Forecasting & Demand Planning order fulfillment Product Lifecycle Management Reverse Logistics RFID & Barcode SC Finance & Revenue Management SC Planning & Optimization Sourcing/Procurement/SCM Supply Chain Visibility Technology
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