Imdex Minerals reduces inventory value by 35% with Netstock

Improved inventory balance

Netstock’s ability to model various inventory policy inputs and generate recommended orders in line with the optimal models, ensured that Imdex reduced its inventory across multiple warehouses and branches, at the same time as improving its fill rate. “We input our desired inventory goals into Netstock and then every order recommendation drove us towards those goals,” says Khoe Sheng Neoh, Commercial Manager.

“The dashboards and management reporting enabled me to constantly monitor whether we were heading in the right direction, and provided early warning of any impending issues. The size of the inventory reduction has made a significant difference to our company.”