PERFORMANCE ANALYSIS
Rapidly respond to changes in supplier performance
Monitor supplier performance
Measure each supplier’s performance, including planned vs. measured lead times, and immediately identify suppliers not delivering on time or in full for each item. Using supplier data, Netstock builds a risk profile for each supplier and will automatically adjust your replenishment in line with changes in supply, enabling you to meet customer demand.
Measure and adjust lead time per item
Dynamically respond to changes in supply by measuring lead time by item, supplier, and location. Netstock compensates for poor delivery and excludes outliers while automatically adjusting the amount of safety stock you need to achieve the desired target fill rate.
Automatically adjust safety stock levels
Netstock ensures safety stock is dynamic, taking into account unreliable supply and inaccurate forecasting. The less reliable a supplier is or, the longer the lead time, the more safety stock is required for that item.
Optimize your supplier network
Summarize each supplier’s historical, overdue, open, and future orders. Optimize your supply chain planning by measuring deliveries, sharing future purchase orders and spending with suppliers, enabling them to plan efficiently. Regularly communicate with preferred suppliers and manually update delivery changes to fine-tune your target fill rate.
See everything Netstock can do for you
Enhance inventory visibility
See all your inventory KPIs in a single dashboard and get prescriptive and prioritized recommendations on SKUs important to your growth. Model the impact of various inventory policy decisions and measure the outcome of each scenario.
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Improve forecasting and Demand Planning
Enhanced with machine learning, generate improved forecasts that factor in trends, seasonality, promotions, and supply chain disruptions.
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Accelerate inventory orders
Generate recommended orders to restock products across your network and create a balanced inventory holding. Create risk-optimized orders for each SKU and automatically send them to your ERP system with a single click.
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Optimize manufacturing
Break down silos and create a central source of truth to drive confident, synchronized decision-making. Align operations and supply chain plans with sales, marketing, and financial strategies.
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Measure supplier performance
Monitor and measure product-specific lead times and overdue orders. Leverage supplier performance metrics to negotiate terms that reduce lead times and mitigate supply risk.
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Develop scenario models
Optimize production plans and view real time visibility. Work with multi-level bills of material, resources, and kits. Create multiple demand-supply scenarios to easily distribute important data to stakeholders.
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Forecast demand predictably
Generate flexible predictions based on individual products, product groups, sales channels, and key customers, allowing for top-down, bottom-up, and middle-out forecasting methods.
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Ready to get started?
Discover how Netstock’s Predictive Planning Suite™ accelerates inventory planning.
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