Oppenheimer Discusses NetSuite

Oppenheimer is out with a research note on NetSuite N. In a note to clients, Oppenheimer writes, "Yesterday, N announced the release of Demand Planning, a cloud-based inventory management module for its on-demand ERP suite. Demand Planning introduces functionality enabling organizations to use sales projections, historical data, seasonality, or statistical analysis (e.g., linear regression) to better forecast and automate inventory needs. Further, we note that purchase/work orders can automatically be generated and inventory plans can be shared with an organization's supply chain. Inventory-intensive companies (wholesalers, manufacturers, retailers, distributors) are a natural audience for Demand Planning since they need to strike a balance between holding too much inventory (which ties up excess capital) vs. incurring stock outs (which hurt customer satisfaction)." Shares of N gained 57 cents yesterday to close at $36.59, a gain of 1.58%.