INVENTORY PLANNING & OPTIMIZATION
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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.
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Inventory insights that power growth
Maximize the value of your inventory investment
Use predictive demand to make smart inventory decisions
Capture lost sales & revenue — and drive customer satisfaction
Hit fill rates and prevent stock-outs
Reinvest capital savings to power strategic goals
Free working capital tied up in overstock
Netstock layers predictive intelligence on your ERP data
Broad & deep inventory visibility
No more manual data gathering and painstaking spreadsheet management. Netstock automatically aggregates data from your ERP system, taking in supply chain and sales inputs to show you where you’re losing sales and revenue from stock-outs, and where you’re overinvesting in excess stock, all in a single view.
Automatic inventory classification
See the business value of every item in the warehouse. Netstock automatically classifies every item based on sales value and sales velocity, creating an intuitive matrix of product importance. This holistic inventory profile allows you to focus on your business’s most profitable and highest-demand items.
Prioritized dashboard
Netstock’s personalized and prioritized dashboards are pre-configured to show you the KPIs and metrics that matter most for your business and easily track performance. See the Top 5 SKUs under each KPI, such as stock-outs, excess stock and fill rate, and their classification, to recognize issues that require urgent attention and focus on actions that make the biggest business impact.
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Accurate planning
Efficiently replenish stock while reducing operating costs through multi-tiered distribution channels with material requirements planning that comply with ordering constraints such as MOQs, vehicle loading, lot sizes, and lot expiration dates.
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Creating data-driven inventory policy
Your customized dashboard gives you at-a-glance visibility and prescriptive, prioritized recommendations to drive inventory optimization. Netstock enables you to set smart inventory policies that support your business goals, drive rapid and meaningful improvements and realize significant capital savings.
Set target fill rates
Set fill rates by prioritized categories and track performance in real time.
Optimize ordering
Set ordering policies that balance dynamic lead times and supply risk to order the right amount at the right time to hit fill rate targets.
Automate ordering
Netstock automatically generates optimal orders based on your data-driven inventory policy — and seamlessly feeds that order information back into your ERP system.
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Forecasting & demand planning
Enhanced with machine learning, generate improved forecasts that factor in trends, seasonality, promotions, and supply chain disruptions.
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Inventory ordering
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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Sales & operations planning
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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Supplier performance monitoring
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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Inventory policy modeling
Balance your inventory levels and financial investment with a data-driven inventory policy based on each product’s classification and risk profile. Model the impact of various inventory policy decisions and measure the outcome of each scenario.
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planning and unlock your growth potential.
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