PrionTex finds the right inventory balance to better serve medical professionals

Bulding a smarter inventory

PrionTex had relied on a painstaking manual process to manage their inventory levels. The team would loop in sales for forecasting, finance for cashflow, inventory managers for product information, and procurement for the ordered pipeline. They kept all this information on a spreadsheet that was hard to manage and left the company in the dark as to what was really going on. It was a good enough process to get by when they were a smaller company, but continued growth required a faster, smarter solution. And that’s when they found Netstock.

Since making the simple change of adding Netstock to their ERP, PrionTex has been able to locate costly areas of excess stock holding that had piled up with their previous planning methods. Planners could fix stock-outs and avoid potential stock-outs on the horizon, thanks to Netstock’s useful dashboard.

“I think the product is incredible,” said PrionTex’s Chief Financial Officer John Prevost. “It is simple and hugely powerful.”

The team at PrionTex saved time and money by creating smarter workflows to plan their inventory levels with tools like Bill of Materials and Central Warehouse planning within Netstock Replenishment cycles, lead times, and supplier performance metrics were all just a click away, after being obscured by the old process for too long.

“The more I use this program, the more I love it. The simplification of complexities makes it overwhelmingly a joy to use this tool,” Prevost said.