A POWERFUL INVENTORY MANAGEMENT SOLUTION
All Round Supplies unlocks supplier data with Netstock & MYOB to meet demand
Measuring supplier performance has enabled All Round Supplies to deliver the right stock on time to its customers.
Netstock recognized as most innovative app of the year by MYOB
What to expect from Netstock
Reduce inventory by 10-25%
Reduce working capital and improve cash flow.
Improve fill rates by 2-10%
Minimize stock-outs and increase sales.
Significantly reduce time
Quicker planning, forecasting, and ordering.
Increase visibility
Early warning of KPIs needing attention.
NETSTOCK INTEGRATES WITH MYOB
Netstock is built to drive agility and growth
Integrating with Netstock enables you to optimize your supply chain planning while anticipating dynamic market demand and supply risk.
Your current reality
Even though your inventory control is near-perfect in MYOB, many businesses still export data and manually manipulate spreadsheets to forecast, place orders and manage inventory. In the absence of an inventory management solution, planners manually compile and analyze inventory-related metrics. Manual processes limit the ability to identify trends, patterns, or future planning opportunities to optimize inventory. Relying on analog tools in a data-driven world can put your business at a disadvantage, limiting your ability to meet demand and expand your operations.
Predictive planning solutions to optimize your inventory
Netstock enhances your MYOB ERP data, offering clear insights and visibility of inventory KPIs in one dashboard.
- Confidently generate accurate sales forecasts, accounting for seasonality and trends.
- Generate reliable purchase orders, work orders, and distribution plans to restock inventory across all locations.
- Automatically adjust inventory in response to supplier performance.
Seamless integration process
Start improving your inventory levels in 48 hours
1. Import from MYOB
Netstock connects in minutes regardless if your MYOB ERP is on-premise or in the cloud.
2. Preview your data
In just two hours Netstock will identify where you have excess stock or potentially going to stock-out.
3. Start optimizing inventory
Experience the benefits of optimal inventory levels and create purchase orders within a few days of installation.
Have the right stock available to deliver exceptional customer service
Confidently adapt and respond to changes in supply and demand.
Item classification
Netstock automatically classifies and continually reclassifies every stocked SKU according to its sales value and velocity. The classification matrix will automatically enable you to focus time and resources on the high-performing items that matter most to your customers and drive profits for your business.
Safety stock
Netstock achieves dynamic safety stock levels, providing accurate calculations for each item based on the item’s classification. If something changes to an item, for example, the supplier becomes unreliable, Netstock will automatically increase the safety stock level needed. This guarantees you never have too much or too little safety stock.
Measure supplier performance
Lead times can be uploaded from your Microsoft ERP or set directly in the Netstock App. Netstock will automatically measure lead time performance and adjust safety stock based on supplier risk calculations. Reviewing previous supplier data allows you to plan for longer lead times, ensuring your customers receive the right items on time.
Top-up orders
When placing recommended orders, there is often space left in the container that should be topped up with other orders to make shipping cost-effective. Netstock scans your inventory and selects items close to replenishment, enabling you to top up with the right products instead of manually adding to your container based on gut feel and incurring excess stock.
Experience rapid ROI
Netstock is designed to shorten the road from rollout to ROI. Experience value from day one with a customized monthly subscription model that offers advanced solutions as your business grows.
- Implementation: less than 2 weeks
- Onboarding: a thorough 5-step process led by inventory experts
- Immediate visibility: stock-outs and excess stock
- Increase inventory performance: daily improvements in line with policy
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.
Improve forecasting and Demand Planning
Enhanced with machine learning, generate improved forecasts that factor in trends, seasonality, promotions, and supply chain disruptions.
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.
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.
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.
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.
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.
Our customers say it best
What used to take weeks to refresh and review our data now takes a fraction of the time and allows us to make more timely decisions. We have more time on our hands to scale our business and focus on other challenges.
Dan Watterson, Global Head of Operations, Zhik, Australia