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A major part of an inventory management system is understanding demand so you can produce the right amount of product to meet your customers’ needs. QuickBooks inventory management does not have a demand planning component, forcing you to run and export an inventory report and either upload it into a demand planning tool or manually calculate your demand on a spreadsheet. Both options come with increased costs and a higher chance for error. NetSuite, on the other hand, automates these processes, providing intelligent control over inventory replenishment to ensure you have sufficient stock on hand to fill anticipated orders, while keeping excess stock low and freeing up cash.
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