Netstock

Was exactly what I was after...

Comments: The implementation of Netstock was seamless and the online support has been nothing but suburb. It also means I have great oversight of the procurement team, transparency in our stock position for the wider business and gave us confidence in our purchasing decisions.

Pros:

Netstock gives a really simple and quick overview of our stock position, what we have too much of and where we are going to be short. It's really easy to drill down by stock code or location to get a wealth of information, and the ability to easily set policies for each class of stock gives great control over each class of category of stock. The solver ability to build orders up to a volume (such as a container) is a real time saver as well. With a connector to our ERP, building orders in Netstock and then sending orders from our ERP to our suppliers couldn't be any simpler.

Cons:

Whilst there is no way to edit previous one off spikes in demand that could affect future forecasting they have introduced options to smooth peaks and manage the effects of seasonality. The Netstock team has always been helpful resolving any issues and appear to have a good software development road map.

netstock 2023 review

Comments: With supplier performance, we work with them to find the issues, if any, to better plan our needs. This is a win win sitsution for both of us. Nestock has been a valuable tool to ensure we are able to meet the imediate and future clients needs. This is key for any business to survive and grow .

Pros:

The Dashboard addresses, at one glance the most important tasks to address . The downloadable reports are easily shared with suppliers for open po, future orders. This helps supplier to ensure goods are available at needed time line.

Cons:

Sometimes the future forecasts are off but we have noted that this happens for slower movers and seasonal needs. We monitor needs closer when this happens and with time and past data,NETSTOCK learn better.

Handy Planning Tool

Comments: We've certainly seen improved inventory levels and fill rates since using Netstock and once you're in the swing if using it at a basic level, there are some other good functions to review and apply to your business.

Pros:

Very useful long term planning and forecasting tool, especially for SKUs with layers of complexity in the supply chain. Tricky to understand at the start, but the customer service to guide you through it is really quite excellent.

Cons:

All the information is in there, but it is not the best at presenting one report to see all teh detail you need. We created an excel spreadsheet that translates the reports from Netstock into a one-stop document that displays all the information and results ... bit of a shame Netstock doesn't have such a function.It's also a a shame that you cannot see your own historic comments (or make new comments) whilst adjusting forecasts.

Excellent software with great support

Pros:

Setup process was very quick and easy and the onboarding period was very helpful Creates a robust demand/supply process without need for spreadsheetsSaves lots of timeSupport staff are excellent, quick to respond and always find good solutions to different situations that arise

Cons:

Some more advance features seen in other software not present

Netstock Review

Comments: A very useful system, cant imagine what work would be like without it

Pros:

Ease of useClear forecasting functionalityEasy to amend forecasts and tailor to suit own needs

Cons:

The search function needs to be able to find items without being so accurate