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
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
What Is NetSuite ERP & How Does It Work?
NetSuite is the leading integrated business software suite that includes enterprise resource planning (ERP), accounting, customer relationship management (CRM), inventory management, human resources, ecommerce and
NetSuite vs QuickBooks
While both NetSuite and QuickBooks offer software designed to help businesses manage their accounting processes, there’s a significant gap in the depth of features. NetSuite
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
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
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
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,
How NetSuite Helps Agritech Startup Farmpal Empower Indian Farmers
Agritech startup, Farmpal, has designed a digital platform—powered by a user-friendly mobile app—that connects Indian farmers directly with business customers. With its sophisticated supply chain
Poolwerx Increases the Value of Its Franchisees With Oracle NetSuite
Poolwerx is the largest pool and spa maintenance company in the world. Over the past three decades, the business has revolutionised the pool service industry