RE: Manage Item kits and inventory

Hi all,

 

I would like to register an item kit which would consist in a group of specific products, eg: the kit 1 would be formed by 4x items I200 and 2x items I201.

What I was looking was a way to manage those kits and the stock level of the products inside those kits.

Any help with this matter would be apreciated.

Thanks,
Dennys

DennysTC Rookie Asked on October 8, 2019 in Items.
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2 Answers

With kits you don’t manage inventory levels of the kit, you only manage inventory levels of the inventory items that go in that kit.  Kits are typically differentiated from Assembly Items in that you don’t maintain the assembled product.  For example a happy meal would be a “Kit” in that McDonalds does not stock “happy meals” or track “happy meal” inventory levels.  Instead they have hamburger stock, fry stock, and soda stock (inventory items).  When a customer order a happy meal they throw all those inventory items (hamburger, fry, soda) into a bag/box and charge the customer a price that is different from the price of the items purchased individually.  Conversely, assembled items are something you put together beforehand.  For example a table might be an assembly item consisting of 4 legs and 1 top (the inventory items).  You have to process an assembly build transaction to consume (reduce inventory of) 4X legs and 1X tops to create (add inventory) of 1X table(s).  If you need to get those components back you have to un-build the assemblies.

As to managing inventory levels, can’t provide much significant help without a lot more detail.  There are a variety of canned reports within NetSuite and there’s lots of options for things you could make yourself.  It really depends on what you’re trying to do.  If you’re looking for a holistic solution for managing demand/supply balance, I’d check out ‘Advanced Inventory Management’ and ‘Demand Planning’ (just do some reading on those in SuiteAnswers).  They’re both separate modules that will add additional cost on top of standard NetSuite, though.

Hope that helps!

Intermediate Answered on October 9, 2019.
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