The modern inventory toolkit – Is your business ready?
The race to meet customer demand is long underway, and large enterprises are taking the lead, often far outpacing smaller businesses.
What’s the real ROI of implementing demand planning software for your business?
It’s either “adapt or die”! If you implement the necessary technology in your business, you should fully understand the ROI of the investment.
LMC Truck transforms its demand planning processes
LMC Truck reduced stock-outs and excess inventory by using Netstock to optimize inventory in their business.
7 steps to transform your inventory planning
Volatile markets, material shortages, and COVID-19 will continue to disrupt supply chains in 2022. What steps can you take to optimize your inventory planning?
Tarsus Distribution successfully implements Netstock across seven teams
Tarsus Distribution successfully implemented Netstock across seven teams that improved forecasting accuracy and reduced stock-outs and excess stock.
How minimum orders quantities (MOQs) impact inventory management
While a supplier imposes an MOQ to help increase their profits, it’s vital to understand how supplier MOQs affect your inventory planning.
Aero Healthcare reduces stock-outs with Netstock
By implementing Netstock, Aero Healthcare can can measure supplier performance resulting in fewer stock-outs and happier customers.
Netstock appoints Ara Ohanian as CEO
Netstock announces the appointment of Ara Ohanian as Chief Executive Officer. He will succeed Tony Sinton, Founder & CEO.
Consumers who experience stock-outs believe this trend will continue into 2022
The recent increase in stock-outs has impacted consumers’ purchasing decisions. How prepared is your business to manage these stock-outs?
Netstock acquires Demand Works
Netstock is proud to announce the acquisition of Demand Works, a leading provider of sales and operations planning solutions for mid-sized and larger manufacturers and distributors.
Key inventory processes to support your business goals
Do you have the right people and inventory processes in place to align with your business goals?
The advantages of an effective ABC analysis
The ABC analysis categorizes your inventory, identifying high-value, fast-moving items that help demand planners work efficiently to meet demand and increase sales.
Key challenges CFOs face when managing inventory
How do different divisions collaborate to optimize inventory and align with business goals? An integral part of inventory management is maintaining a balanced investment in your inventory
A practical guide to managing safety stock in your supply chain.
Safety stock is essential in your supply chain, helping you avoid stock-outs and stay on top of demand. But how much is just the right amount?
5 proven strategies to reduce long lead times in your supply chain
Reducing supply chain lead times is key to keeping customers happy and keeping inventory costs under control.
The Bullwhip Effect: How to Prevent Supply Chain Disruptions and Save Costs
Is your business struggling with unpredictable inventory levels? According to Netstock’s 2024 Inventory Management Benchmark Report, excess stock has grown to 38% of SMBs’ inventory value, with large businesses seeing overstocking rise to 44%.
Inventory forecasting methods to improve planning processes
Supply chain disruptions and unpredictable demand can leave you with too much stock or costly shortages. Traditional forecasting methods just don’t cut it anymore – but smarter, data-driven planning can help you stay ahead, reduce risks, and accelerate profits.
The ultimate list of inventory management statistics
Optimize your supply chain so you have the visibility to make accurate inventory decisions. What inventory management trends are affecting your business?
3 steps to implement supply chain planning software
Implementing supply chain planning software requires commitment from your team and starts with a well-planned implementation and onboarding process adopted across your business.
Netstock Acquires Netstock Europe
London, UK, and Dortmund, Germany, Netstock is proud to announce the acquisition of Netstock Europe. The acquisition allows us to accelerate growth in Germany while continuing to invest in our Netstock app.
How to reduce supply chain attacks in your business
A cyberattack in your supply chain can compromise confidential data, resulting in reputational damage, a loss of customers, and financial harm to your business.
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Do you know the real cost of inventory?
A healthy cash flow can help a business navigate uncertainty, and understanding the inventory holding costs involved is your first step.
10 Steps to reduce inventory risk
Disruptions in your supply chain operations will put your business at risk, creating costly setbacks if you don’t mitigate as much of the risk as possible.
Top 5 inventory metrics every planner should track
If you’re not measuring your inventory performance, you’re guessing, and that’s risky business.
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.
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.
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.
Is your manufacturing planning optimal?
Stepping into supply chain planning for manufacturing is like tackling a maze of hurdles.
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?
