NetSuite 2024 Release 2 for Wholesale Distribution Companies

A woman standing in front of a forklift

NetSuite Upgrades for Wholesale Distribution

Electronic Bank Payments Enhancements:

    • Efficiency: Enhances electronic payment processes, reducing manual intervention and improving payment accuracy.

Inventory Management for Wholesale Distribution

  1. Review Item Line/Inventory Detail Quantity Mismatch Task:
    • New task in the Period Close Checklist to address inventory posting transactions with quantity mismatches between item lines and their associated inventory detail. This task must be completed before proceeding to the next period close task .
  2. Warehouse Management Enhancements:
    • Date Fields: Time added to Created Date, Released Date, and Completed Date fields on wave transactions.
    • Wave Saved Search: Includes Printed Pick Ticket filtering criteria.
    • Cycle Counts Updates: Generate inventory counts from a cycle count plan and start/complete counts on the app.
    • Scheduling Bin Replenishment: Create and run bin replenishment schedules.
    • Lot Autonumbering for Work Order Assembly: Generate lot numbers during assembly build processing.
    • Bar Code Scanning for Bulk Serial Numbers: Scan an item bar code with up to 50 serial numbers.
    • Changing Bins During Order Picking: Pick partial quantities from different bins during order picking .
  3. Quality Management Enhancements:
    • Inspection Generation Including Parent Transaction: Define inspection criteria based on a combination of parent and inventory transactions.
    • Enhanced Inspection Capabilities: Only assigned employees can perform inspections, prevent updates to completed inspection data, and generate email notifications based on configuration settings.
    • Updated User Interface: Group quality records on the Item page and improved navigation in the Quality Management menu .

Order Management

  1. Subscription Management Enhancements:
    • Subscription Rating: Prepaid usage with monthly consumption.
    • SuiteBilling Percent Uplift Field: New field for billing.
    • Price Book and Subscription Search Enhancements: Use custom fields and filter by price book in subscription searches.
    • Email Alerts: Alerts for changes to subscription, subscription line, or change order.
    • Total Contract Value Metrics: New metrics for subscription total contract value and service type TCV .
  2. New Ship Central Capabilities:
    • Enhancements in ship central to streamline order fulfillment processes .

Customer Relationship Management (CRM)

  1. New CRM Limited Access User Role:
    • Role for performing sales, CPQ, marketing, and support activities, customizable to restrict certain tasks .
  2. External Case Response Page Restriction:
    • New security preference to enable/disable access to the External Case Response Page .
  3. Customer 360 Page:
    • A comprehensive view of customer information, including financial data, transaction history, and purchasing trends. Accessible via Customer Record or Customer Dashboard .

SuiteApps for Operational Enhancements

  1. Review Scanned Bill Page Improvements:
    • Overwrite scanned bill information with PO content, support for custom segment filtering and sourcing, type-ahead functionality, and improved subsidiary, vendor, and location mapping logic .
  2. Payment Automation Enhancements:
    • Improved vendor dashboard with renamed columns and subsidiary-specific payment preferences .

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Wholesale Distribution Excellence!

Contact us to learn more about improving the Value of your NetSuite Solution for your Wholesale Distribution business.