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?
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.
The ABC analysis categorizes your inventory, identifying high-value, fast-moving items that help demand planners work efficiently to meet demand and increase sales.
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
Reducing lead times in the supply chain – the time it takes to move orders from request to availability for sale or production – is key to keeping customers happy and keeping inventory costs under control.
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.
Optimize your supply chain so you have the visibility to make accurate inventory decisions. What inventory management trends are affecting your business?
Implementing supply chain planning software requires commitment from your team and starts with a well-planned implementation and onboarding process adopted across your business.
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.
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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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.
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.
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?
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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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.
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.
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.
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.