Innovation Keynote: Unleashing the Power of Oracle Cloud Infrastructure
Innovation is at the heart of how NetSuite powers our customers’ growth. Executives from across NetSuite Cloud Operations discuss how OCI helps provide a consistently best-in-class experience for each NetSuite customer. Listen in to hear about how NetSuite is scaling our global footprint using automation and orchestration, squashing performance problems before they impact customers with […]
What is Just-in-Time (JIT) Inventory Management?
Just-in-Time inventory, commonly referred to as JIT, is an inventory management strategy in which raw materials arrive as soon as production is scheduled to begin but no sooner. The goal is high-volume production with minimal inventory on hand to meet demand and eliminate waste. What is Just-in-Time (JIT) Inventory Management? – YouTube
What Is Free Cash Flow? FCF Explained
Free cash flow (FCF) is the money left over from revenue after a business pays all of its financial obligations—operating expenses plus capital expenditures—during a specified financial period. This cash can then be used for discretionary spending, such as investing in business expansion or building financial reserves. FCF helps track the financial health and sustainability […]
What is Supply Chain Management (SCM)?
Supply chain management (or SCM) encompasses all of the processes involved in acquiring and converting raw materials into finished goods as well as fulfillment and support. Effective supply chain management can prevent disruptions along the supply chain and help businesses meet demand in the most efficient way, ultimately delivering a positive customer experience. What is […]
What is Customer Relationship Management (CRM)?
Customer relationship management, or CRM, technology helps create, store, automate and optimize customer and prospect data. A CRM system is a shared platform that enables sales, marketing and customer service teams to conduct business more effectively, providing visibility into the same information across each touchpoint of the customer journey. Ultimately, a CRM solution helps businesses […]
What is Material Requirements Planning?
Material requirements planning (MRP) is a standard supply planning system to help businesses understand inventory requirements while balancing supply and demand. Businesses use an MRP system to more efficiently track inventory, schedule production and ultimately deliver the right product, on time and at optimal cost. What is Material Requirements Planning? – YouTube
What is Planning and Forecasting?
Planning and forecasting is the process of analyzing historical and current data trends to help businesses make more informed decisions about future plans. In comparing past and present information, forecasting helps businesses make predictions around business performance and expenses. Those predictions are then used to set operational and strategic plans. What is Planning and Forecasting? […]
What is Cloud ERP?
Cloud enterprise resource planning, or cloud ERP, takes the critical business functions of ERP software—such as accounting, inventory and order management, human resources and customer relationship management—and allows users to access them over the internet. A cloud ERP system is a shared database that enables different groups within an organization to access the same data […]
What Is NetSuite’s Quality Management Solution?
NetSuite’s quality management solution(QMS) automates processes around things like inspection plans, tracking test results and evaluating vendors. The solution enables quality engineers to perform inspections, review standards, and record and submit data for analysis directly from the inspection area, providing real-time feedback and instant access to test results. It also triggers workflows around specification failures […]
Feel. Keeps Its Legion of Fans Happy with the Help of Cloud-Based ERP
When Feel. was founded in 2005, the futsal and soccerware market in Japan was full of dreary apparel that didn’t reflect the fun and dynamic sport. The brand injected much-needed colour and life into the industry and quickly gained a passionate customer base who fell in love with its bold and daring designs. Discover how […]