Pack Leader achieves grrrrreat inventory forecasting with Netstock

Growing beyond manual inputs

When Pack Leader’s already successful business grew and they extended their product range to 1500 SKU’s within a 6 month period they realized that they could no longer manage these tasks with any degree of accuracy using spreadsheets and manual inputs.

Christopher Comodikes, Operations & Supply Chain Executive at Pack leader, explains “Pack Leader has been on an aggressive drive to insource our supply chain and at the same time launch an extended product range into the market. Our success as a business in achieving these objectives would not have been possible without Netstock”.

Before the implementation of Netstock, Pack Leader had a massive disconnect between stock coming into the supply chain and the distribution of stock going out to their three branches. They had no way to measure lead times, forecast accuracy or sales volatility, and had difficulty creating separate inventory stocking rules per product category with no way to see potential stock outs. The updating of stock on hand and incoming orders to calculate recommended re-order quantities was cumbersome and time-consuming.

“We looked at Netstock and were sold when we discovered that it was a cloud-based solution, which made it easy to adopt, and the monthly costs were very attractive as they are based on the value of your stock. Lastly, what cinched the deal for us was the integration into our Dear Inventory ERP. “The support we received from Netstock was fantastic, even though it’s a cloud-based solution and there are a lot of online tools, webinars, and help, we still had our goto person who was able to get things resolved quickly and effectively,” concludes Christopher.