Retail and e commerce

NetSuite for Retail and Ecommerce

NetSuite for retailers selling across several channels. One stock position, commerce and point of sale connected, and margin that survives returns and fees.

In short

Multi channel retail breaks when each channel keeps its own view of stock. NetSuite is configured so one inventory position serves the store, the website and the marketplace, and so returns, fees and markdowns land against the product and channel that caused them rather than in a pool nobody can read.

Where multi channel retail usually breaks

How a retail build is approached

One stock position every channel honours

Available and committed quantities live in one place and every channel reads the same number. That is what stops the website selling the last unit a store has already promised, which is the failure customers remember.

Orders routed rather than allocated by habit

Order orchestration decides where each line is fulfilled from, based on stock, distance and cost. Done well it reduces split shipments, which are one of the quieter drains on ecommerce margin.

Marketplace settlements that reconcile

Gross order value and each deduction are posted separately, so a remittance can be traced back to the orders behind it. Posting only the net figure balances neatly and removes any ability to compare channels.

Returns attached to product and channel

Return rates vary enormously by product and by route to market. Averaging them across the catalogue produces a number that is correct in total and wrong for every individual decision taken from it.

What this page claims, and what it does not

This page describes capability. It sets out how TechCloudPro approaches oracle netsuite and erp work for retail and e commerce, and it does not assert a named client, a past project, a result or a metric in this sector. If a reference matters to your decision, ask for the current position directly and you will get a straight answer.

Written on omnichannel retail in more depth

Questions retailers ask first

Does NetSuite replace our ecommerce platform
Not necessarily. It can, through its own commerce capability, or it can sit behind an existing platform as the system of record. Which is right depends on how much of your differentiation lives in the storefront.
How is stock kept accurate across channels
By having one inventory record rather than several synchronised copies. Synchronisation between separate stock masters is where most overselling originates, because there is always a window where the copies disagree.
Can we see margin by channel after fees
Only if fees, returns and markdowns are posted against the order and the product rather than into a shared expense account. That is a design decision at implementation and it is expensive to retrofit.
Has TechCloudPro implemented this for a retailer
This page describes capability rather than a named reference. Ask for the current reference position directly and you will get a straight answer.

The wider practice

Talk through your stock accuracy

Describe where you are in your own words. We will tell you whether this is the relevant practice before anyone talks about scope.

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