how to do replenishment by item by location netsuite

AI generated answer (using internal Slack threads):

To do replenishment by item by location in NetSuite, you can use the "Replenish Location By Transfer Order" option. This will create a Transfer Order, which you can then approve and fulfill as needed. This is different from the "Replenish Location By Inventory Transfer" option, which instantly changes inventory numbers in both locations. Here are the steps to follow: 1. Navigate to the item record that you want to replenish. 2. Go to the 'Inventory' subtab and then to the 'Locations' subtab. 3. In the 'Reorder Point' field, enter the minimum quantity of the item that should be on hand at the location. 4. In the 'Preferred Stock Level' field, enter the quantity of the item that you want to have on hand at the location. 5. Save the item record. When the quantity on hand at the location falls below the reorder point, NetSuite suggests the item for replenishment in the 'Replenish Items' page. The suggested order quantity is the difference between the preferred stock level and the quantity available at the location. You can also look at demand plans or safety stock as two different ways of keeping inventory on hand. Demand plans let you forecast inventory demand based on historical sales data and trends. Safety stock lets you maintain a buffer of inventory to protect against variability in demand and supply. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******