About Netstock

NETSTOCK is a cloud-based inventory management solution which helps businesses handle purchase orders, customers, suppliers, demand forecasting and more on a unified platform. It allows professionals to manage bills of materials (BOMs), track inventory levels and create strategic plans for demand planning based on consumer behaviour and market trends. The platform enables administrators to track orders through the entire product lifecycle, automatically calculate lead time, and create stocking policies as per business requirements. NETSTOCK offers a variety of features including inventory replenishment, multi-channel distribution, procurement, reporting, data management and more. Additionally, It provides a reporting module, which enables users to gain insights into customer activities via analytics, graphs and KPI metrics. NETSTOCK comes with an application programming interface (API), which facilitates integration with several third-party platforms, such as SAP Business one, LOCATE Inventory, Acumatica, Sage, NetSuite and Dear Inventory. Pricing is available on monthly subscriptions and support is extended via documentation and FAQs.
Netstock Software - This functionality saves you time to focus immediately on your fast-moving and profit-generating stock items. Netstock will help categorize your stocked items and eliminate obsolete items.
Netstock Software - The dashboard gives you complete visibility of your current stock holding and can help you action any potential inventory stock-outs before they become a problem.
Netstock Software - Produce orders that achieve a balanced, optimal inventory holding for your business. The Netstock order recommendation functionality aligns with your stocking policy and ensures that the correct stock arrives in your warehouse at the right time.
Netstock Software - Netstock’s forecast engine provides intelligent, data-driven forecasts to help grow your business and free up working capital.
Netstock Software - Anticipate and synchronize the executive, supply, demand, and financial operations to achieve focus, control, alignment, and superior business results.
Netstock Software - Netstock helps maintain your safety stock levels for raw materials, provides recommended manufacturing plans, and enables a more visual production process to utilize your current stock and avoid producing more items unnecessarily.
Netstock video
Netstock Software - This functionality saves you time to focus immediately on your fast-moving and profit-generating stock items. Netstock will help categorize your stocked items and eliminate obsolete items. - thumbnail
Netstock Software - The dashboard gives you complete visibility of your current stock holding and can help you action any potential inventory stock-outs before they become a problem. - thumbnail
Netstock Software - Produce orders that achieve a balanced, optimal inventory holding for your business. The Netstock order recommendation functionality aligns with your stocking policy and ensures that the correct stock arrives in your warehouse at the right time. - thumbnail
Netstock Software - Netstock’s forecast engine provides intelligent, data-driven forecasts to help grow your business and free up working capital. - thumbnail
Netstock Software - Anticipate and synchronize the executive, supply, demand, and financial operations to achieve focus, control, alignment, and superior business results. - thumbnail

Netstock pricing

Netstock does not have a free version.

Starting Price:
Not provided by vendor
Free Version:
No
Free trial:
No

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Netstock Reviews

Feature rating

Value for Money
5
Functionality
4.7
Ease of Use
4.8
Customer Support
4.9
5 reviews of 32 View all reviews
James
  • Industry: Consumer Goods
  • Company size: 51-200 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
4

4
Reviewed on 27/10/2022

Netstock Review

Pros

The customizable policy overrides and ease-of-use for configuration settings have been valuable in getting us towards where we want to be.

Cons

There were issues discovered months after implementation that cost us thousands of dollars in unnecessary inventory investment, and time spent investigating issues. One of these issues was due to an implementation error on our end, but the other should have been caught in implementation by either Netstock or the third party that helped implement Netstock. There was also some initial haziness over which sales orders show as on order to a location from a distribution centre vs. which sales don't (depending on the settings in our ERP system).

Alternatives Considered

S2K Enterprise and Dynamics 365

Reasons for Choosing Netstock

Customer service issues, outdated software

Switched From

S2K Warehouse Management

Reasons for Switching to Netstock

Data visibility
Verified Reviewer
  • Industry: Consumer Goods
  • Company size: 2-10 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 27/09/2020

Netstock S&OP

I have deployed netstock in small ($5m turnover) to medium/ large ($450m turnover) organisations. Benefits include re baselining the reality of current performance, controlling/ optimising procurement, focussing on problem stock areas and improving working capital outcomes and customer service.

Pros

Demand and forecast inputs/ outputs and key planning attributes are all in one convenient UI; dashboard easily highlights demand planners priorities every day; suggested order ui takes the guesswork out of replenishment. For CFO/ Chief Supply Officer the projection modules are invaluable for working cap & capacity planning. Supplier performance and projection take procurement from the mechanical to the strategic over extended time frames.

Cons

There were no shortcoming worth mentioning; all perceived issues were dealt with by optimising use of our core ERP and work practices.

Alternatives Considered

Blueshift

Reasons for Choosing Netstock

Netsuite is a great ERP but it's S&OP functionality was not capable of optimising our situations.

Switched From

NetSuite

Reasons for Switching to Netstock

Implementation & recurring costs; speed of implementation; flexibility; "future proof" vis a vis ERP upgrades.

Response from NETSTOCK

Thanks for the great review - and so pleased to see you are seeing the benefits that our solution is designed to provide

Replied 30/09/2020
Steve
  • Industry: Wholesale
  • Company size: 11-50 Employees
  • Used Daily for 1+ year
  • Review Source
Value for Money
5
Features
4
Ease of Use
5
Customer Support
5

5
Reviewed on 31/03/2020

Was exactly what I was after...

The implementation of Netstock was seamless and the online support has been nothing but suburb. It also means I have great oversight of the procurement team, transparency in our stock position for the wider business and gave us confidence in our purchasing decisions.

Pros

Netstock gives a really simple and quick overview of our stock position, what we have too much of and where we are going to be short. It's really easy to drill down by stock code or location to get a wealth of information, and the ability to easily set policies for each class of stock gives great control over each class of category of stock. The solver ability to build orders up to a volume (such as a container) is a real time saver as well. With a connector to our ERP, building orders in Netstock and then sending orders from our ERP to our suppliers couldn't be any simpler.

Cons

Whilst there is no way to edit previous one off spikes in demand that could affect future forecasting they have introduced options to smooth peaks and manage the effects of seasonality. The Netstock team has always been helpful resolving any issues and appear to have a good software development road map.

Justin
  • Industry: Consumer Electronics
  • Company size: 11-50 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 09/09/2022

Soundvision Technologies

Overall experience has been great. It has been an immense asset to our company and my personal workflow.

Pros

It has allowed for a much greater visibility of our inventory holding and disbursement for our company. This is a bonus to the higher accuracy and ease of replenishment and planning for inventory.

Cons

I would like to see features open up where information can be written back and forth between the ERP and Netstock. Being able to adjust this information all in the same place that it is evaluated would make it even more efficient and valuable.

Alternatives Considered

Fishbowl

Reasons for Switching to Netstock

It focused specifically on the demand and supply planning that we needed. It did that exceptionally well instead of doing many more things well but not full featured.

Response from Netstock

Thanks for the review Justin - we will definitely look into your suggestion for continual improvement to the system

Replied 13/09/2022
Jessica
  • Industry: Wholesale
  • Company size: 51-200 Employees
  • Used Daily for 1+ year
  • Review Source
Value for Money
0
Features
4
Ease of Use
5
Customer Support
5

5
Reviewed on 11/11/2022

Happy Netstock User

Pros

The Netstock home screen dashboard provides a quick overview of the business. Each dashboard block provides the top five items that are driving that overall block score. Classification codes provides an easy way to prioritize your top selling items and group by sales and dollar performance. Netstock customer service team is always very helpful and quick to respond. Drilling down into the item level details you can determine when an item was out of stock, had sales spikes or decreases, and easily adjust the forecast within the software. Data is easy to download to include in excel reports that you may need. The order tab makes it easy to review what items need ordered to prevent out of stock gaps or decrease in safety stock.

Cons

Our items sell to multiple customer channels it would be nice to see what customer purchased past sales not just back ordered sales within Netstock. Since our company sells to multiple customers/channels adjusting the forecast at an item level is more complicated. It would be nice if Netstock forecasted at the customer level and allowed adjustments by customer not just overall.

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