MAKE BETTER INVENTORY DECISIONS
with NETSTOCK’s intuitive, cloud based, inventory management software
The core NETSTOCK team has been leading the development of inventory optimization since the late 1980s. When we assembled the core team in late 2009, we were genuinely excited – could we make use of the cloud to deliver our extensive inventory optimization experience to small and medium businesses across the world? At an affordable price? Previously, such technology had only been available to big businesses.
Who Does It Suit?
NETSTOCK INVENTORY DASHBOARD
You can only manage what you measure well
The NETSTOCK 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.
Instantly see current stock holding, compared to an ideal model.
The dashboard highlights all the items where you are over-stocked, contributing to your high stock holding.
An early warning system to alert you of Purchase Orders you’ve placed that are going to magnify the over-stocked problem.
Identify and define what’s important for your busines
If you feel like you’re fighting inventory fires everyday, you’re probably working on urgent issues, and not important tasks. Working on important tasks allows you to make calm choices and propel the business forward.
REMOVE THE NOISE
Eliminate obsolete items and put the non-stocked items into a separate category
Classify items into A, B and C categories, based on future sales and cost or margin
APPLY THE 80/20 RULE
20% of the items make 80% of the sales
FORECASTING WITH NETSTOCK
Put the right stock in the right place at the right time
Advanced forecasting results in 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.
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 automatically
Place the perfect order every time
Classifying, forecasting and setting an optimal stocking policy means nothing if you don’t execute on that policy. NETSTOCK’s Recommended Order Schedule drives every order with the goal of achieving the most balanced, optimal inventory holding.
WHICH SUPPLIER DO I NEED TO PLACE AN ORDER FROM TODAY?
Scan rapidly through the suppliers that need ordering from. Action the most pressing Purchase Orders first.
THE IDEAL PURCHASE ORDER
NETSTOCK’s recommendation is always perfectly aligned with your stocking policy. The order ensures that the correct inventory lands in the warehouse at exactly the right time.
EFFORTLESSLY DEAL WITH SUPPLIER SHUTDOWNS
FOR IMMEDIATE ACTION OR FOR EXTENDED PERIODS
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.
INVENTORY MANAGEMENT SOFTWARE FOR MANUFACTURERS
Optimize stock levels and stay on top of impending issues
Is it difficult to view bill of material flow through from finished goods demand? Are you running out of some components and raw materials while holding too much of others? Do you wish you had the ability to review and easily amend recommended manufacturing/purchasing plans?
MAINTAIN THE RIGHT SAFETY STOCK LEVELS
FOR RAW MATERIALS AND COMPONENTS
Ensure raw materials and components have the appropriate safety stock, taking into account supplier delivery and forecasting performance of finished goods.
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.
NETSTOCK FOR DISTRIBUTORS
Procure your orders centrally & distribute to your locations efficiently. Set lead times & safety stock parameters at each node in your supply chain.
Even small companies have a fairly complex supply chain. NETSTOCK assists you in managing the orders at all the echelons of your supply chain. This results in the right inventory in each node at the right time.
AUTOMATICALLY TAKE CARE OF 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.