An Optimized Inventory Solution
Cloud-Based, Inventory Management Software
Let NETSTOCK show you how to take your Acumatica inventory to the next level
NETSTOCK offers Acumatica customers an optimized inventory solution that is affordable and takes their inventory management to the next level. Offering inventory-based companies a sophisticated yet easy to use, cloud-based tool.
The benefits include a reduction in excess inventory, minimized stock-outs, and optimal purchase orders produced in minutes. This results in increased profits by freeing working capital, reducing carrying costs, higher sales, and improved productivity.
Where Netstock Extends Acumatica's Functionality
Acumatica manages many aspects for your warehouse, including:
Core Features Available In Acumatica
Enable A More Dynamic View
Looking at suppliers’ previous track record:
Having this information enables you to trigger accurate re-order dates and calculate accurate safety stock calculations.
The ABC classification method divides your items into A, B, and C categories (How you split up your ABC is unique to each business)
A being the most valuable (Top 80%)
B being the average valuable (Next 15%)
C being the least valuable (Last 5%)
The HML analysis classifies by sales velocity (number of unit sales)
H items are your fast movers
M your medium
L your slow movers
Key Integration Features
Dashboards To Manage By Exception
Classify Items To Focus Resources
Forecast With Ease
Orders At The Click Of A Button
Raw Materials And Manufacturing
Procure Centrally, Then Distribute
The NETSTOCK Dashboard tracks all of the key indicators you’ll need to properly manage your inventory, including stock-holding and why you’re overstocked, as well as Fill Rate and why you’re not serving your clients as well as you might be.
Measure Inventory Holding
Compare your existing stock holdings to an ideal model in real time.
The dashboard shows you all of the things that you’re overstocked, which contributes to your large stockpile.
An early warning system that alerts you to Purchase Orders that will exacerbate the overstocking situation.
Fill Rate Performance
Monitor Top Items
Even if there are hundreds of things that contribute to an issue, concentrating on simply the top five will have an instant beneficial impact.
When looking at issue items, look at the Classification of each item to make an informed conclusion. Stocking out of a low-volume item isn’t as awful as stocking out of a high-volume A-item.
You’re probably focusing on urgent issues rather than essential projects if you feel like you’re constantly putting out inventory fires. Working on critical jobs helps you to make sound decisions and move the company ahead.
Powerful Classification Matrix
High Level Policy
Specify how much investment you want to make into each category via the Target Fill Rate setting
Determine how often you want to review and order each category with the Replenishment Cycle setting
NETSTOCK will automatically generate optimal ordering plans based on your desired Inventory Policy
Urgent VS Important
Advanced forecasting leads to higher customer satisfaction while using less inventory: Produce accurate sales projections that account for seasonality and trends. Locate trouble locations quickly. Assess the overall findings quickly and communicate with sales and senior management.
Process & Tools
Finds seasonality and trends automatically and creates a reliable baseline forecast
Easily identifies problem items and lets you apply your business insight and knowledge to get the best results
Feeds into the inventory
planning and levels
It doesn’t matter how well you classify, forecast, or create an ideal stocking policy if you don’t follow it. Every order is driven by NETSTOCK’s Recommended Order Schedule, which aims to achieve the most balanced, optimal inventory holding.
Ideal Purchase Order
Panic around events like Chinese New Year is a thing of the past. Simply look forward the desired amount of time and order today what you would have had to order during the shutdown.
Swiftly Review Orders
Review and revise only those orders where you have additional insight or issues that the computer would not know about. Review the highest value spend more closely to get the best value for your spend.
Intelligently Fill Containers
Is it difficult to see the bill of materials flow through from the need for completed goods? Do you have too much of some components and raw materials while running short of others? Do you wish you could evaluate and change proposed manufacturing/purchasing plans with ease?
Maintain Right Stock Levels
Factor in the risk of inaccurate forecasts for the next level up products in the BOM structure and avoid running out of components and raw materials needed to keep production running.
Flag phantom assemblies used to make the production process more visible in order to blow through that demand without building stock.
Flexible Manufacturing Plans
Manufacturers don’t normally change the production plans every day, but traditional re-order point ordering and planning assumes that you do.
This disconnect leads to emergency changes and rushed jobs, which hurts production, stock and your team.
NETSTOCK minimizes changes needed by using a “Look forward days” to factor in the period until the next planning can take place.
Amending the look forward cover for just a week increases the items due for ordering and the panel indicates the impact on lines, units, value, weight and volume so you can better understand and plan.
Once you’ve confirmed the order report, your schedule is created for review and confirmation.
- Look at the visual graphics for sales and forecasts to identify unexpected patterns or anomalies.
- Drill into the item for a more detailed understanding if needed.
- See how the levels vary by day for a year into the future to better understand the orders being projected.
Even tiny businesses have a complicated supply chain. NETSTOCK aids you with order management at all levels of your supply chain. As a result, the correct inventory is available at the right moment in each node.
Demand Flows Up
From your customers to your retail outlet, to your central Distribution Center to your supplier. Whether it is forecast demand or firm Customer Orders, the correct demand will flow all the way through to your supplier
Lead Times And Risks
Every link between nodes in your supply chain can have different Lead Times. And the supply risk between each node is measured continuously. An appropriate Safety Stock is then set at each node, ensuring that your Fill Rate objectives are met everywhere.
Place Orders Confidently
Create transfer orders from your locations onto your DC-based on calculated demand and risk profiles. Don’t just use historical deliveries to drive this as demand patterns and risks change all the time.
Create visibility at each node in the supply chain of not only what stock is elsewhere, but the status of that stock. This makes it far more effective to identify where stock can be moved from and helps reduce the overall excess at the same time.
More about NETSTOCK
NETSTOCK is a global software development, sales and support organization with substantial operations in Africa, Europe, the UK, Australia, and North America. With decades of deep domain knowledge in the area of Inventory Optimization, we are focused on providing sophisticated yet easy to use tools deployed in a SaaS model for businesses of all sizes — worldwide.