NetSuite Industries: Apparel, Footwear, & Accessories
Clothing Inventory Management
Optimizing NetSuite for Efficient Operations
The Apparel, Footwear, and Accessories (AFA) industry is known for it’s fast pace, high SKU count, and the need to provide a great customer shopping experience. You need to streamline your operations while keeping the perfect balance of inventory on-hand, while also forecasting for the next season. If you are using NetSuite to unite these channels to a single view, you are a step ahead of many of your competitors. But how can you maximize NetSuite to achieve omnichannel success?
Automation for Accuracy
In today’s environment, AFA companies can’t afford to be doing things manually. To make the best decisions, your inventory must be accurate. Your merchandiser needs reporting to effectively manage stock levels. Your inventory planner needs this same data to correctly assess and forecast demand. Your warehouse manager needs to know what product is available now and where it is located. Your workers must be able to find it quickly and have it ready to ship to the correct customer. And if you are working with big box retailers, don’t want to be fined for stockouts, mispicks or shipping delays.
By automating manual processes in the warehouse and retail store, you can ensure everyone has up-to-date information available to them at all times.
Why Mobile Technology is Critical
The sheer amount of SKUs AFA companies are dealing with is enough to make your head spin. For example, let’s look at a shipment of shoes. It enters receiving off the truck. You have different styles and sizes in similar packaging that each need to be put away in the correct location. If you are doing this manually, there is an increased risk of errors. Using barcodes and scanning to automate this process can reduce errors and improve the productivity of your workers.
Inventory Management Functionality for Specific Retail Environments
Inventory management functionality for retail customers needs to be able to fulfill needs specific to the type of environment where the inventory is stored. This could include a warehouse for manufacturing and distribution and/or a brick-and-mortar retail store. Here are some specific functionality to consider:
Retail Warehouses
Sales Orders, Work Orders
Brick-and-Mortar Retail Stores
By eliminating error-prone manual data entry, you can guarantee you are picking and shipping orders correctly. Combine that with accurate counts, and in just a short period, you can establish accurate inventory to prevent stock-outs while reducing safety stock by 1/3.
An Apparel Retail & E-commerce Leader
Frescobol Carioca
“RF-SMART is not just an investment for the future; we are seeing the benefits now...
If you want to expand your company, you need RF-SMART.”
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Challenges
Frescobol Carioca, a luxury men's resortwear brand that maintains three UK-based retail locations while distributing world-wide relied heavily on manual processes. With 96% growth projected, Frescobol Carioca looked for a solution that could increase accuracy and reduce errors.
Solution
Frescobol Carioca implemented RF-SMART for NetSuite UK to automate their warehouse operations. The solution provided functionality for purchase orders, putaways, inventory returns, stock takes, bin counts, and transfer orders. Real-time integration with NetSuite ensured immediate visibility of all transactions.
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Results
By implementing RF-SMART, Frescobol Carioca experienced:
99% picking accuracy$40,000 saving in seasonal staff costs Enhanced planning capabilitiesIncreased stock control and visibility Increased overall productivity & efficiency
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