NetSuite Features for Apparel Industry
Updated: Sep 17, 2021
Fashion is one of the retail industries that constantly changes through time. With consumers vastly growing, retail fashion has to adapt and find ways to follow the market demands. Not only in terms of product but also services and the whole transaction experience.
NetSuite supports today’s fashion brands to deliver a personalised and engaging customer experience with the unified cloud-based commerce platform that brings together all the abilities for the efficient omnichannel business solution performance in all aspects, including:
E-Commerce
In-Store of Sale
Inventory
Order Management
Omnichannel Retailing
Product Merchandising
Supply Chain Management
Customer Experience & Marketing
Financial & Accounting
How NetSuite works with the Retail Industry
NetSuite has created a solution by enhancing its features as a complete package to meet retail business needs. The solution optimizes its reporting and omnichannel features so retail brands can perform more profitable business.
Engage Customers:
Allow both B2B and B2C customers to engage and connect from anywhere, on any device with one unified cloud platform.
Access to Real-Time Data:
Giving employees an unrestricted view of critical company data updated in real-time to provide more accurate and specified materials for decision making. You can as well to decide who has access to this data, based on role and department.
Improved Customer Experience:
Deliver the ideal customer experience by phasing out costly, outdated and unruly systems using a prescribed Stairway method. The retail space is changing to adapt a better customer experience.
Maximize Time-to-Value:
Maximize time-to-value with NetSuite’s complete package. NetSuite for Fashion combines NetSuite with strategic services, partnerships, and value-added products for the entire end-to-end solution.
Optimize Business Processes:
Optimize your processes with tailored features, designed to satisfy the dynamic needs of fashion apparel and accessories brands.
Built for Retail Apparel
NetSuite is built for efficiency. It offers features that target and improve specific functionalities within your business. With NetSuite, experience a much easier process in maintaining E-Commerce.
Omnichannel Services
Buy, return, and fulfill orders from anywhere, on any device with access to your NetSuite account.
Inventory Visibility
Reduce the quantity of depleted stock with full visibility into your inventory and the ability to allocate stock appropriately across all channels.
Back-in-Stock Notifications
Notify clients when items on their Wishlist are back available and if the item is available for store pick-up through automated triggered emails.
Auto Charge Capabilities
Process routine orders faster and repair B2B customers effortlessly with auto charge Mastercard capabilities.
Maximum Efficiency
Maximize your efficiency levels across channels while reducing time and costs to realize the last word ROI.
Accurate Online Shopping
Increase online conversions with accurate size charts for information on product fit, also as visually stimulating look books and Instagram hashtag galleries to convert more browsers to buyers.
Fulfill Orders Faster
Optimize shipments with rules to automate the fulfillment of orders supported preferences like closest warehouses, shipping prices, or stores with excess inventory.
Quickly Move Merchandise
Eliminate timely manual entry of order transfer and replenishment with quicker bulk transfers of inventory across multiple warehouses and retail locations.
Reduced Manual Processes
Improved efficiencies for manual processes such as entering inventory data, sales data, purchasing, transferring, and bulk orders.
360-Degree View
Improve your decision-making by getting a 360-degree view of all of your business operations including customers, orders, financials, and inventory, using pre-configured dashboards.
Sales Insights
Get insights into top-selling items, units per transaction, shrink reports, sales per hour, sell-through figures, retail stock-ledger and dozens of other pre-defined reports, metrics, and KPIs to assist you to run your business.
Complete Cost Visibility
Get an entire overview of the entire cost of products from raw materials to landed cost including taxes, shipping, and other fees for accurate financials.
Unified B2B and B2C Platforms
Streamline operations for both B2B and B2C customers from one unified platform to avoid multiple instances of knowledge entry and touch-point solutions.
Now that you simply have the right solution for your fashion and retail business, you would like the right implementation partner to merge your solution together with your processes.
Interested in finding articles like this? make sure to check out other helpful tips, tricks, and updates on our blog.
Whether you are looking for a one-stop-shop for all CloudERP services, or simply need answers to your questions, our experts are here to make your business better. Cloudmaven is only one call away to make your whole easy ERP journey comes true.
