Cloud-Based Inventory Management
Quickly place orders and save time
Decrease stock-outs and keep your customers happy while increasing sales
Reduce overstocking and save money
Dashboard measures all the Key Indicators you need to manage your inventory effectively: Stock-holding, and why you're overstocked, as well as Fill Rate, and why you're not servicing your customers as well as you can.
Work on important tasks, not urgent issues. With NETSTOCK make calm choices and propel your business forward.
FORECASTING WITH NETSTOCK
improved customer satisfaction with less stock: Generate reliable sales forecasts that factor in seasonality and trends. Efficiently find problem areas. Easily assess the overall results and loop in sales and senior management.
Automatic inventory data collection and processing gives you ideal order recommendations with one click
RAW MATERIALS AND MANUFACTURING
Order the correct raw materials, at the right time and in the right quantities, to fulfill the forecast demand on the finished good items
PROCURE CENTRALLY, THEN DISTRIBUTE
Orders at the central warehouse cover direct sales from the central warehouse and rolled-up demand from all sub-locations
We were able to reduce our inventory value by an impressive $1,000,000 thanks to NETSTOCK.
Since the implementation of NETSTOCK, our stock-outs have decreased considerably. We have been able to use customer forecast inputs to refine our forecasts to greater accuracy.
Without NETSTOCK we would be spending a lot more time on spreadsheets, forecasting, doing our own calculations, and not putting as much time into actually placing the order, expediting, or managing our suppliers.
By reducing our inventory costs by over $40 million, we were able to optimize our working capital and use this elsewhere in the growth of the business.
We were sold when we discovered that it was a cloud-based solution, which made it easy to adopt, and the monthly costs were very attractive as they are based on the value of your stock.