Discussions

Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now! Click here to watch and learn more!
Update your Profile with your Support type to get your Support Type badge.
Don't miss out on our Pop Quiz You only have until March 11, 2025, 4:00 PM ET to comment your answers and earn rewards! Click here for more details.
Expand your NetSuite knowledge by joining our Ask A Guru Live sessions. RSVP on this event now.
Make Your Voice Heard: What Tech & ERP Topics Should We Explore in our Next Webinar?? We’re all ears! Vote now, and the poll runs until January. Poll for ERP | Poll for Tech.
Uncover the power of data with the Analytics Hub —your ultimate guide to mastering NetSuite Saved Searches and Reports. Simplify the complex and unlock your organization's true potential. Dive into the Analytics Hub now and soar to new heights!
To help you get the most out of your 2025.1 Release Preview account, review the topics outlined in the Release Preview Guide.
NetSuite Release 2025.1 Release Notes are available for download here!

Inventory Management - Handling multiple types of inventory 'packages' from vendors.

edited Jun 30, 2021 8:21PM in Ask A Guru 6 comments

Looking for advice on how to setup our inventory for this use case. I know netsuite has the 'package' and 'unit of measure' records, but I don't think those are the right use case here.

How do you handle inventory purchased from a vendor which is offered in multiple package sizes?


For example, lets say the product is screws. Lets say our vendor has the ability to purchase:

  • 1 'individual' screw for $1
  • a 'Box' of 100 screws for $80
  • or a 'Case' of 1000 screws for $500.

Sometimes we may purchase any of these types of 'packages'. Then we may turn around and sell any given quantity to a customer at the weighted average cost.

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!

Leaderboard

Community Whiz

Quarter 1 (Jan-Mar 2025)

This Week's Leaders

This Month's Leaders

All Time Leaders