A POWERFUL SUPPLY CHAIN SOLUTION
Case studies
Discover how Netstock customers are optimizing demand and supply planning.
What to expect from Netstock
Reduce inventory levels between 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 SPIRE
Netstock is built to drive agility and growth
Integrating with Netstock streamlines demand and supply planning – anticipating market demand and supply risks
Your current reality
While your inventory control is near perfect in Spire, many businesses still export data and manually manipulate spreadsheets to forecast and manage inventory. Relying on analog tools in a data-driven world can put your business at a disadvantage.
Predictive planning solutions will optimize your inventory
Netstock optimizes your Spire data, offering predictive insights and visibility to confidently place the right orders, prevent stock-outs, enhance forecasting, proactively manage extended supplier lead times, and reduce excess stock.
Netstock will transform your supply chain planning
Confidently adapt and respond to supply and demand changes to meet demand.
Forecasting
Netstock uploads historical data from your Spire ERP and our forecasting engine will automatically create a base forecast for every item at every location, taking trends and seasonality into consideration. Netstock also allows you to override these forecasts at any level based on industry knowledge.
Item classification
Netstock classifies every stocked SKU according to its sales value and sales 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
Measuring how well your suppliers perform will enable you to trigger accurate re-order levels and how much capital to invest in safety stock. 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.
Netstock’s customers say it best
Using Netstock has enabled us to minimize our stock-outs and reduce our excess across certain SKUs. As a result, we now have a more balanced investment in inventory, and I would recommend Netstock to any inventory holding company.
Taylan Sevimli, Business Development Manager, Tayse Rugs, USA
With the Netstock dashboard, I can quickly see stockouts and potential stockouts, which allows me to have a focussed conversation with my sales team to determine what’s coming up and what else I need to consider when placing orders.
Justin Comish, COO, Best Vinyl
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.
Dan Watterson, Global Head of Operations, Zhik
Seamless integration process
Start improving your inventory levels in 48 hours
1. Import from Spire
Netstock connects in minutes regardless if your Spire 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.
Experience rapid ROI
Netstock is designed to shorten the road from rollout to ROI. Experience value from day one with a customized subscription model that offers advanced solutions as your business matures.
- Implementation: less than 2 weeks
- Onboarding: a thorough five-step process led by inventory experts
- Immediate visibility: reduced 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.
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Improve forecasting and Demand Planning
Enhanced with machine learning, generate improved forecasts that factor in trends, seasonality, promotions, and supply chain disruptions.
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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.
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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.
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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.
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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.
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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.
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