AUTOMOTIVE SPARE PARTS
Gear up to have the right auto parts available
Accelerate speed to market with enhanced inventory visibility and forecasting capabilities. Quickly adapt to changes in customer behavior, trade regulations, and external disruptions. Save time and focus on the auto parts that matter the most to your customers.
Quick guide – Improve forecasting in your supply chain
This quick guide will introduce you to inventory forecasting. Learn three key steps that will help you more accurately predict future sales and avoid incurring excess stock and stock-outs.
Netstock puts you in the driver’s seat
- Manage diverse product catalogs: using predictive analytics to optimize inventory and capacity planning.
- Assign the best demand forecasting models: forecast by each item, customer, region, unit, price, cost, or margin.
- Automatically classify spare parts: reduce obsolescence and free up resources and time to focus on the right parts to meet demand.
- Monitor and measure supplier performance: identify and work with reliable suppliers, increase collaboration, improve lead times, and automatically adjust safety stock levels.
- Model different scenarios: predict the effects of promotions on demand with machine learning functionality.
Netstock unlocks operating cash
Place orders quicker
Save time on planning, forecasting and ordering
Retain customers and increase sales
Reduce excess stock
Release cash that is tied up in excess inventory
Automotive customers turn to Netstock to optimize their supply chain
Improving visibility for auto parts customers
We lacked the mathematical input to be able to make data-driven accurate forecasts so we would often end up in either a stock-out or excess-stock situation. We needed to get the right parts in at the right time, and this is what drove us to look for an inventory optimization solution.
Netstock has been a game-changer for me. I don’t think about our stock like I used to—it has taken away the stress. I don’t have to panic each day about running out or overstocking.
Netstock enhances data in your ERP
Netstock integrates with leading ERP systems, automatically processing data to rapidly deliver smart supply chain recommendations.