Netstock named a Leader and High Performer by G2
Netstock has been named a Leader in the Inventory Control category in the G2 Summer 2021 Grid’ae Reports.
The most important KPI’s to assess your supply chain’s inventory
Key Performance Indicators (KPI’s) help you monitor and make vital decisions for your inventory.
Has your supply chain missed the boat?
Proactively reviewing supply chain practices will help inventory planners confidently plan, manage and optimize inventory during challenging circumstances.
External factors that impact placing optimal orders
When placing optimal orders, you need to factor in external challenges that can affect your supply and demand.
A volatile supply chain- What will your stock holding look like 6 months?
The ability to predict demand is complex. Ongoing disruptions to a fragile global supply chain will make it difficult for inventory businesses to model and predict future demand.
April 2021 Product Update
More updates to the Netstock app: Visibility of central warehouse supplied products.
Packaging companies: Optimize your inventory to help meet new demands
It’s an exciting time to own a packaging company. Shifts in consumer demands, a move towards more eco-friendly materials, and innovative technology are all knocking at your front door.
What is demand planning?
Demand planning is a necessary process to effectively determine how much inventory you need to meet customer demands.
Netstock- High Performer and Leader in G2 Spring 2021 Grid’s Reports
G2, the software customer review website, has awarded Netstock a “High Performer” rating in the Demand Planning category for Spring 2021. Netstock has also received a “Leader” rating in the Inventory Control category.
Time is money: 5 steps to inventory planning in 2021
Set yourself up for success in 2021. Draw on last year’s experience to confidently plan and optimize your inventory replenishment.
6 steps to inventory optimization
Inventory is the lifeblood of your business. Strategically managing your inventory to optimize cash flow and product availability is crucial. By fully controlling your inventory levels, you can minimize waste while maximizing profitability. So, how do you achieve this perfect balance?
Black Friday and inventory management – what you need to know
With the end of the year only a few months away, Black Friday and Cyber Monday are fast approaching. Are you ready?
Netstock Partners with Strattam Capital to Accelerate Growth
London, UK and Austin, Texas – Netstock is proud to announce a majority growth investment from Strattam Capital. This investment will allow us to propel growth not only in North America, but also in the territories we operate in around the world.
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Plumblink’s warehouse and inventory management journey
We recently hosted a webinar with Oswald Abrahams – executive IT, and Luvuyo Mgidlana – commercial and operations director of Plumblink, where we unpacked their inventory and warehouse management journey to date. They’ve learned lessons along the way that could add value to companies embarking on a similar journey. This article discusses the challenges they faced, the steps they took, lessons learned, and the success they achieved in their operations.
Netstock enhances its forecast engine functionality
More updates to the Netstock app: Advanced Forecasting Module
Is your manufacturing planning optimal?
Stepping into supply chain planning for manufacturing is like tackling a maze of hurdles.
What to consider when choosing an inventory or warehouse solution
Warehouse and inventory management are two crucial functions found in most supply chain companies. The competitive landscape is fierce, so it should be every business owner’s desire and ambition to get these two functions as streamlined and automated as possible.
June 2020 Product Update
More updates to the Netstock app: Waiting for existing orders to arrive before ordering more
More reasons not to use a spreadsheet for your inventory planning
In Part 1, we discussed the shortfalls in the 7 compelling reasons why not to use a spreadsheet for your inventory planning In part 2, we look at what is expected from a spreadsheet from an Inventory Management perspective.
Supply chain blunders – the KFC fowl up
When it comes to disruptions in the supply chain, we may not be in control of external factors such as political, environmental, or, as we have recently seen, pandemics.
7 reasons not to use a spreadsheet for inventory planning
Most small businesses start off with a few products which are easily managed in a spreadsheet. As your business grows, you gradually start to expand your range.
Why do I always have excess stock?
Excess stock is inventory that is purchased in excess of the demand. But why all the fuss about it?
Inventory planning in an uncertain world
From a supply chain perspective, we find ourselves in a world that is not only very uncertain at the moment but where the future is undetermined.
Inventory is the lifeblood of any supply chain business
Like water is to Maslow’s hierarchy of needs, so too is inventory to a company with a supply chain. Humans can’t survive without water, just as suppliers can’t survive without stock.
Identifying and managing supplier risk
Suppliers are a fundamental link in the supply chain over which you, as a business, have little control. There is always the inherent possibility that deliveries will not be on time, and even if they are, they may not be complete in terms of what you ordered.
Tips on running a successful remote-first business
The advent of the internet and the development of security protocols enabling sensitive data such as credit card information to be safely transmitted across the web – opened up the opportunity for retail companies to start virtual retailing (online stores).
Is software ownership a thing of the past?
Many senior managers that were born in the ’60s or ’70s were taught by their parents that it was better to buy software, buildings, and other assets to reduce the expenses incurred in interest and grow the capital value of the business.
One size does not fit all – Classify your inventory
Throughout our lives, from the cradle to the grave, we are classified – classified according to our age, sex, religion, political views, demographics, hobbies, opinions, dietary choices, and many more. These classifications are used by companies to sell or market to us, or to determine our risk factors.