NETSUITE EVENT TO HIGHLIGHT BEST PRACTICES FOR DEPLOYING CLOUD ERP WITHIN LARGE ENTERPRISES
SAN MATEO, Calif.—June 7, 2011—NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP software suites, today announced that the company has extended its cloud-based business management suite with new demand planning features. Designed to enable wholesalers, manufacturers, retailers, and distributors to achieve best-in-class inventory management practices, NetSuite Demand Planning enables companies to forecast peaks and troughs in demand and minimize capital tied up in inventory. Leveraging NetSuite's integrated business management suite, NetSuite's new demand planning bridges the gap between the front-office and back-office—allowing companies to tightly align sales forecasts with inventory replenishment plans. This supports businesses with minimizing excess inventory, eliminating stock outs, and improving customer satisfaction. Combined with the ease of deployment of cloud computing and integrated business suite, NetSuite puts the power of completely integrated demand planning into the hands of companies of all sizes and geographical locations.
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