AUTOMOTIVE SPARE PARTS

Automate your automotive inventory management with predictive analytics

Accelerate speed to market with enhanced inventory visibility and forecasting capabilities. Quickly adapt to changes in customer behavior, trade regulations, and external disruptions. Save time and focus on the auto parts that matter the most to your customers.

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Quick guide – Improve forecasting in your supply chain

This quick guide will introduce you to inventory forecasting. Learn three key steps that will help you more accurately predict future sales and avoid incurring excess stock and stock-outs.

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Improve inventory and demand planning with Netstock

Netstock puts you in the driver’s seat

Manage diverse product catalogs: using predictive analytics to optimize inventory and capacity planning.
Assign the best demand forecasting models: forecast by each item, customer, region, unit, price, cost, or margin.
Automatically classify spare parts: reduce obsolescence and free up resources and time to focus on the right parts to meet demand.
Monitor and measure supplier performance: identify and work with reliable suppliers, increase collaboration, improve lead times, and automatically adjust safety stock levels.
Model different scenarios: predict the effects of promotions on demand with machine learning functionality.

Netstock unlocks operating cash

Place orders quicker

Save time on planning, forecasting and ordering

Minimize stock-outs

Retain customers and increase sales

Reduce excess stock

Release cash that is tied up in excess inventory

Automotive customers turn to Netstock to optimize their supply chain

Improving visibility for auto parts customers

We lacked the mathematical input to be able to make data-driven accurate forecasts so we would often end up in either a stock-out or excess-stock situation. We needed to get the right parts in at the right time, and this is what drove us to look for an inventory optimization solution.

LMC Truck

Netstock has been a game-changer for me. I don’t think about our stock like I used to—it has taken away the stress. I don’t have to panic each day about running out or overstocking.

Velocity Vehicle care