PREDICTOR INVENTORY ADVISOR
Reduce excess inventory and free up working capital while minimizing stock-outs. See Netstock in action >
Inventory insights to enable agility and speed
Maximize inventory investment
Use predictive demand to make smarter inventory decisions
Capture lost sales & revenue
Meet target fill rates and prevent stock-outs
Reinvest capital savings
Free working capital tied up in excess stock
Eliminate excess stock and shortages
Redistribute inventory across multiple warehouses to where it’s needed most
Prevent problems before they occur
Identify issues and receive recommended actions with AII functionality
Intelligent software to accelerate inventory planning
Increased visibility
View inventory KPIs in a single dashboard: stock vs. model stock, fill rates, stock-outs, and excess stock. Early warning signs highlight items needing attention to adjust planning in line with supply and demand. Use Netstock’s AI feature, the Opportunity Engine, to review inventory data, identify issues, and recommend necessary actions in real-time. Further enhance visibility with unlimited custom reports, providing succinct information essential for daily operations.
Forecasting & demand planning
Build better forecasts that fuel automated planning to capture your full sales potential. Forecast by product, channel and location and automatically create high-quality forecasts that factor in seasonality and trends. Easily assess overall results and loop in sales, marketing, and senior management.
Inventory classification
Automatically classify every SKU according to sales & velocity to focus your time and resources on what’s critical to meet demand. Invest in high-performing, profitable products and reduce overstocking of the wrong products.
Replenishment planning
Enable faster replenishment with predictive orders and automatically generate balanced and optimized orders for each SKU based on predictive plans that anticipate changes in demand and supply. The recommended order schedule drives every order with the goal of achieving the most balanced, optimal inventory holding. Optimize existing inventories by analyzing inventory levels across multiple locations, identifying surplus stock, and seamlessly redistributing stock to where it’s needed most. Transfer surplus stock seamlessly between locations, whether it’s from one location to many or from many locations to one.
Supplier performance
Work with suppliers to reduce lead times and improve customer service levels. Using supplier data, Netstock can automatically compute lead times and adjust safety stock per item according to the supplier’s risk profile. Netstock will highlight poorly performing suppliers so you can take actions to and optimize your supplier network.
Quick road to ROI
Netstock is designed to shorten the road from rollout to ROI. Monthly subscription model, priced by inventory value for unlimited users, with rapid deployment and no large, upfront costs ensures there is a rapid ROI.
Netstock enhances data in your ERP
Netstock integrates with leading ERP systems, automatically processing data to rapidly deliver smart supply chain recommendations.
Trusted by thousands of businesses globally
What customers have to say
We were able to reduce our inventory value by an impressive $1,000,000 thanks to Netstock.
Becky Wilkinson, Supply chain manager, Hartland Controls
Our inventory is in much better shape purely by investing in the right products, with our excess inventory down 36%, stock-outs down 68% and surplus orders down 85%.
Rob Krsanac, General Manager, Ward Packaging
One of our key reasons to implement Netstock was to reduce excess stock. The $500k+ that’s now in our bank account rather than on our warehouse shelves is evidence enough we have achieved that!
Tim McCredie, General Manager, Barrett Distributors
What used to take weeks to refresh and review our data now takes a fraction of the time and allows us to make more timely decisions. We have more time on our hands to scale our business and focus on other challenges.
Dan Watterson, Global Head of Operations, Zhik
FREE RESOURCE
5 hidden causes of excess inventory
Are you struggling with excess stock? These five key steps reduce excess inventory and enable smarter inventory decisions for your business.