MANUFACTURING INDUSTRY

Accelerate planning. Overcome supply and demand volatility

Inject predictive analytics into planning to improve demand forecasting and avoid supplier delays of raw materials or semi-finished products. Enhance visibility to monitor and adapt inventory levels to ensure the right materials are available at the right time to meet demand.

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Optimize the flow of materials to meet demand

Bill of Material visibility: use visual linkages and ratio information to inform procurement, production scheduling, resource allocation, and inventory management decisions
Monitor and measure supplier performance: work with reliable suppliers, improve lead times, and automatically adjust safety stock
Optimize ordering: use replenishment cycle, and order size constraints (MOQ, OM). Quickly raise an order filtered to a specific work center or product range
Manage materials with predictive analytics: balance supply across multiple production lines
Assign demand forecasting models: for each item, customer, region, unit, price, cost, or margin
Supersessions: use existing raw materials before ordering another version

Netstock unlocks operating cash

Place orders quicker

Save time on planning, forecasting and ordering

Minimize stock-outs

Retain customers and increase sales

Reduce excess stock

Release cash that is tied up in excess inventory

Manufacturing customers turn to Netstock to optimize their supply chain

Improving visibility for manufacturing customers

We were able to reduce our inventory value by an impressive $1 million, thanks to Netstock!

Hartland Controls

The Netstock system provides us with the tools to manage by exception, with the easy-to-use dashboard allowing drill-through to more detail. The order facility provides us with visual order recommendations for review and these are converted into actual orders in our ERP. This process significantly reduced the time to compile an order and allowed the team time to focus on adding value and getting our inventory into better balance.

Jason Windows

Since the implementation of Netstock, our stockouts have decreased considerably. We have been able to use customer forecast inputs to refine our forecasts to greater accuracy” This, in turn, works through the BOM, allowing us to procure the correct inventory at the right levels.

Deslee Mattex