CASE STUDY
Company
Bison Gear and Engineering Corporation
Location
USA
Industry
Machinery & Equipment
ERP
Sage 500
Challenge
No visibility of inventory and bill of materials.
Solution
Netstock integrated with Sage 500.
Result
Central dashboard with data to enable smart inventory decisions.
Removing manual, complicated spreadsheets
Bison Gear and Engineering was pulling sales and purchase order data from their Sage 500 ERP into a spreadsheet, and through formulas and links was trying to match their demand vs. supply to forecast their inventory. “In our business, we need to make to stock and also make to order which adds a level of complexity to our inventory management. Trying to manage the raw materials ordering and bill of materials components, as well as demand forecasting in a spreadsheet, was becoming a time consuming and error-prone process”, says Chuck Albanese, Director of Materials.
The ability to have all the information in one place has freed up some of our employee’s time enabling them to focus on other things, which has been a huge ROI for us.
Chuck Albanese, Director of Materials
Bison Gear sometimes found themselves stocked out of certain components as well as overstocking on others. They are now able to determine the risk profile per item, per location so they can set their safety stock levels accordingly and they have a panoramic view of product specifications with corresponding financial data within the BOM.
“With Netstock, we have a comprehensive presentation of information in one unified dashboard, allowing us to focus on critical issues that have an impact on the business. The ability to have all the information in one place has freed up some of our employee’s time, which has enabled them to focus on other things, which has been a huge ROI for us.”
Besides the rich functionality of the product, we found every interaction with Netstock staff exemplary and what a support experience should be.
Chuck Albanese, Director of Materials
FREE RESOURCE
The ultimate guide to inventory management
Learn about the six fundamental principles of inventory optimization that enable you to make informed decisions that balance current demand with future need.