How to Use NetSuite Saved Search for Demand Planning

Are you struggling to efficiently manage your inventory and meet customer demand? Look no further, as this article will show you how to utilize NetSuite’s Saved Search feature to create a demand plan. With the ever-changing market and increasing customer expectations, a well-managed inventory and demand planning process is crucial. Let’s explore how NetSuite’s Saved Search can help you stay ahead of the game.

What is NetSuite Saved Search?

NetSuite Saved Search is a robust feature that empowers users to generate personalized searches within the NetSuite system. It allows for the specification of specific criteria and filters to retrieve precise information. With Saved Search, users can easily search for specific records, analyze data, generate reports, and even automate certain processes. It offers a versatile and effective method of accessing and organizing data within NetSuite. Overall, NetSuite Saved Search is a valuable tool that enhances data management and enables users to make informed decisions based on their individual business needs.

Why Use NetSuite Saved Search for Demand Planning?

NetSuite Saved Search is a valuable tool for demand planning, providing businesses with the ability to gather and analyze relevant data quickly and efficiently. By utilizing Saved Search, companies can easily identify trends, forecast demand, and make informed decisions about inventory management. This feature allows for customization of search criteria, filtering of results, and creation of reports that offer valuable insights. Additionally, Saved Search promotes collaboration and data sharing among teams, promoting better communication and coordination. Ultimately, incorporating NetSuite Saved Search into demand planning strategies enhances operational efficiency and helps businesses remain competitive in today’s dynamic markets.

One manufacturing company saw significant improvements after implementing NetSuite Saved Search for demand planning. They were able to accurately forecast demand, resulting in optimized inventory levels and reduced costs. With real-time data, they were able to quickly identify market trends and adjust their production accordingly, leading to increased customer satisfaction and higher profitability. The decision to utilize NetSuite Saved Search for demand planning proved to be a game-changer for the company, allowing them to stay ahead of the competition and achieve sustainable growth.

What Data Can Be Used for Demand Planning in NetSuite?

In NetSuite, businesses have access to various data that can be utilized for demand planning purposes. This valuable information includes:

• Customer demand history
• Sales orders
• Purchase orders
• Inventory levels
• Forecasts

By carefully analyzing these data points, businesses can gain valuable insights into demand trends, identify high-demand products, forecast future demand, and effectively plan inventory levels.

With NetSuite’s saved search feature, users can easily create custom searches based on specific criteria, columns, and filters. By regularly reviewing and updating these searches, utilizing custom fields and formulas, and scheduling them to run automatically, businesses can optimize their demand planning process within NetSuite.

How to Create a NetSuite Saved Search for Demand Planning?

Are you looking to utilize NetSuite Saved Search for demand planning? In this section, we will guide you through the step-by-step process of creating a NetSuite Saved Search specifically for demand planning purposes. From defining the criteria to scheduling the search, we will cover all the necessary steps to help you streamline your demand planning process using NetSuite Saved Search. Let’s get started and learn how to create an efficient and effective search for your demand planning needs.

Step 1: Define the Criteria for Demand Planning

To define the criteria for demand planning using NetSuite Saved Search, follow these steps:

1. Identify the necessary data fields for demand planning, including sales order data, customer information, and inventory levels.
2. Determine the desired time period for your demand planning analysis, whether it’s weekly, monthly, or quarterly.
3. Select the appropriate filters to refine your search, such as location, product category, or customer segment.
4. Specify any additional criteria, such as minimum order quantities or sales thresholds, to further narrow down your search results.
5. Save your search and schedule it to run at regular intervals, ensuring you have the most up-to-date data for demand planning.

Step 2: Select the Columns for the Search Results

To effectively select the columns for the search results in NetSuite Saved Search for demand planning, follow these steps:

1. Access the Saved Search feature in NetSuite.
2. Click on “Edit” to modify an existing search or “New” to create a new search.
3. In the “Columns” tab, choose the desired columns to be included in the search results.
4. Select from standard columns or customize by adding custom fields or formulas.
5. Rearrange the columns by dragging and dropping them as needed.
6. Apply any necessary filters in the “Filters” tab to further refine the search results.
7. Save the search with a descriptive name for easy reference.
8. Run the search to view the results with the selected columns.

By following these steps, you can easily select the columns for the search results in NetSuite Saved Search for demand planning.

Step 3: Add Filters to Refine the Search

To refine a NetSuite saved search, follow these steps:

1. Access the saved search and go to the “Filters” section.
2. Click on the “Add Filter” button to add a new filter.
3. Select the desired field for filtering from the dropdown menu.
4. Choose the appropriate operator, such as “equals,” “contains,” or “greater than.”
5. Enter the specific value or criteria that you want to filter by.
6. Repeat steps 2-5 for additional filters, if needed.
7. Click on the “Save” button to save the refined search.

By adding filters, you can narrow down the search results and get more targeted and relevant data. Consider using filters like date ranges, item categories, customer segments, or transaction types to refine your search effectively. Regularly reviewing and updating the search criteria is essential to ensure accurate and up-to-date results. Additionally, utilizing custom fields and formulas can further enhance the search capabilities. Lastly, scheduling the search to run automatically saves time and provides timely insights for demand planning. Additionally, you can follow these steps to add filters and refine your search:

Step 3: Add Filters to Refine the Search.

Step 4: Save and Schedule the Search

To save and schedule a NetSuite Saved Search for demand planning, follow these steps:

1. Click on the “Save” button at the top of the search page.
2. Enter a name for the saved search and choose the appropriate access level.
3. Select the frequency for the search to run, such as daily, weekly, or monthly.
4. Set the start and end dates for the scheduled search.
5. Choose the desired output options, such as email or file.
6. Click “Save” to save and schedule the search.

How to Use NetSuite Saved Search for Demand Planning?

In the world of business, demand planning is a crucial process for ensuring the right products are available at the right time. With the help of NetSuite Saved Search, this process can be made more efficient and effective. In this section, we will discuss the various ways in which you can utilize NetSuite Saved Search for demand planning. From analyzing demand trends and identifying high demand products to forecasting future demand and planning inventory levels, this tool can greatly improve your demand planning strategy.

1. Analyze Demand Trends

When utilizing NetSuite Saved Search for demand planning, analyzing demand trends is a crucial step. Here are the steps to analyze demand trends:

1. Review historical sales data to identify patterns and trends.
2. Segment the data by product category, customer segment, or region to uncover specific demand patterns.
3. Identify seasonal fluctuations in demand and plan accordingly for peak periods.
4. Monitor changes in customer preferences and adjust demand forecasts accordingly.
5. Utilize forecasting techniques and statistical models to predict future demand based on historical data.
6. Regularly analyze and update demand trend analysis to stay proactive in inventory planning.

2. Identify High Demand Products

To identify high-demand products using NetSuite Saved Search for demand planning, follow these steps:

1. Define the criteria for demand planning, such as sales quantity or revenue.
2. Select the columns for the search results, including product name, SKU, and sales data.
3. Add filters to refine the search, such as setting a minimum sales quantity threshold.
4. Save and schedule the search to run automatically at regular intervals.

By performing these steps, you can easily identify high demand products based on sales data and make informed decisions for inventory management and production planning. This helps optimize your supply chain and meet customer demands effectively.

3. Forecast Future Demand

To accurately forecast future demand using NetSuite Saved Search for demand planning, follow these steps:

1. Define the criteria for demand planning, including the desired time period and specific product categories.
2. Select the columns to be included in the search results, such as relevant sales and inventory data.
3. Add filters to refine the search, such as excluding certain products or customers.
4. Save and schedule the search to run automatically at regular intervals.

Pro-tip: It is important to regularly review and update the search criteria to ensure the most accurate and up-to-date forecasting.

4. Plan Inventory Levels

Planning inventory levels is crucial for efficient operations. To successfully plan inventory levels using NetSuite Saved Search for demand planning, businesses should follow these steps:

1. Analyze historical demand data to identify any variations and trends.
2. Forecast future demand based on factors such as seasonality, sales trends, and market conditions.
3. Calculate safety stock levels to account for uncertainties and unexpected demand.
4. Collaborate with suppliers to ensure timely replenishment and minimize stockouts.
5. Optimize reorder points and order quantities to balance inventory holding costs and customer satisfaction.

By following these steps, businesses can effectively plan their inventory levels, reducing costs and improving overall supply chain performance.

What Are the Best Practices for Using NetSuite Saved Search for Demand Planning?

NetSuite’s Saved Search feature is a powerful tool for demand planning, allowing businesses to easily track and analyze their inventory and sales data. However, in order to get the most out of this feature, it is important to follow best practices for creating and utilizing saved searches. In this section, we will discuss the top tips for using NetSuite Saved Search for demand planning, including keeping the search simple and specific, regularly reviewing and updating the search criteria, utilizing custom fields and formulas, and scheduling the search to run automatically.

1. Keep the Search Simple and Specific

To ensure your NetSuite saved search is simple and specific, follow these steps:

1. Clearly define your search criteria to get the desired results.
2. Select only necessary columns for the search results to maintain focus.
3. Add filters to refine the search and narrow down the results to your needs.
4. Save and schedule the search to run automatically at specified intervals.

By following these steps, you can create a NetSuite saved search that is straightforward and tailored to your specific needs. This will help you efficiently analyze demand trends, identify high demand products, forecast future demand, and plan inventory levels.

2. Regularly Review and Update the Search Criteria

Regularly reviewing and updating the search criteria in NetSuite Saved Search for demand planning is crucial to ensure accurate and relevant results. Here are the steps to follow:

1. Monitor Demand: Regularly track and analyze demand patterns to identify any changes or trends.
2. Identify New Criteria: Based on the analysis, determine if any new search criteria need to be added to capture relevant data, including regularly reviewing and updating the search criteria.
3. Remove Irrelevant Criteria: If certain criteria are no longer applicable or necessary, remove them to streamline the search, including regularly reviewing and updating the search criteria.
4. Adjust Filters: Update filters to refine the search results and align with changing demand dynamics, including regularly reviewing and updating the search criteria.

By consistently reviewing and updating the search criteria, businesses can maintain an effective demand planning process and make informed inventory decisions.

3. Utilize Custom Fields and Formulas

To make the most of NetSuite Saved Search for demand planning, follow these steps:

1. Create custom fields to capture additional data points relevant to demand planning, such as customer preferences or product attributes.
2. Define formulas to calculate specific metrics or perform calculations based on existing fields, such as forecasting demand based on historical sales data.
3. Incorporate these custom fields and formulas into your Saved Search criteria and columns.

By implementing custom fields and formulas, you can customize your Saved Searches to extract and analyze data specific to your demand planning needs. This results in more accurate forecasting and better decision-making. Remember to regularly review and update your custom fields and formulas to ensure their relevance and accuracy.

4. Schedule the Search to Run Automatically

To schedule a NetSuite saved search to run automatically for demand planning, follow these steps:

1. Access the NetSuite saved search functionality.
2. Open the saved search you want to schedule.
3. Select the “Schedule” option.
4. Specify the frequency and timing for the search to run automatically.
5. Choose the desired output format for the search results.
6. Save the scheduled search settings.
7. Verify that the search is automatically scheduled by checking the “Scheduled” status.

By scheduling the search to run automatically, you can ensure that you have up-to-date data for demand planning without any manual intervention. This allows for efficient and timely decision-making based on accurate information.