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Netstock IBP overview
Netstock IBP is a modular supply chain planning solution providing:
- Forecasting & demand planning: Machine learning enhanced forecasting capabilities to forecast new products, promotions, and events taking into account seasonality and trends.
- Sales & operations planning: align executives, operations, sales, marketing, and finance around a centralized supply chain strategy.
- Inventory planning & optimization: Optimize stocking levels and efficiently replenish inventories to enable simultaneous improvements in service and cost.
- Capacity planning: Optimize sourcing decisions, production timing, and resource utilization to prepare for seasonal and other variations in demand or supply.
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Our customers say it best
The planning systems changes we made with Cloud Smoothie and integrating with Oracle have enabled the business to be super flexible during these turbulent times. I can’t imagine the pandemic hitting us before when all planning was offline & disconnected. We’ve been able to completely replan our entire supply chain so quickly, and our incoming supply chain and inventories were well-positioned going into it, helping us stay strong!
Director, Global Materials & Inventory
Starkey Hearing Technologies
After a little over a year, we reduced inventories in the boxed cards product line by 65 percent, down from an average of about 2 million units to 700,000. We also maintained in-stock service levels of over 98 percent, which is important because of the demanding characteristics of many of our channels.
We are impressed with the scalability of the program as well as the ease of use. The learning curve during implementation was very short, and it helped improve fill rates and reduce on-hand inventory by over 15%.
Blue Buffalo Co.
Over the course of one year, we reduced lead times on key products by over 50%, improved forecast accuracy, reduced inventory by 16%, and kept customer on-time delivery at previously high levels.
Supply Chain Director
It only took about a month to switch from our ERP’s S&OP system to Cloud Smoothie, and our planning immediately became more agile. For example, it helped us identify and quantify the growing importance of Amazon’s marketplace, and we were able to make improvements in how we planned for that channel in about a week. Previously, these types of changes would have required IT prioritization and took much longer to implement. Now, we can add new key customers or channels in no time flat, and without diluting our IT resources.
Senior Supply Chain Manager