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. Netstock paid version starts at US$750.00/month.

Starting Price:
US$750.00/month
Free Version:
No
Free trial:
No

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Netstock Reviews

Feature rating

Value for Money
5.0
Functionality
4.7
Ease of Use
4.9
Customer Support
4.9
5 reviews of 50 View all reviews
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.

Stephen
  • Industry: Consumer Goods
  • Company size: 51–200 Employees
  • Used Daily for 1+ year
  • Review Source
Value for Money
5
Features
4
Ease of Use
5
Customer Support
5

5
Reviewed on 07/08/2023

NetStock Review

Experience has been really good. Service is outstanding and it was a really good business fit for our company. It has changed the way we manage, maintain and forecast inventory going forward and critical to our business success.

Pros

NetStock has gave us the ability to manage their inventory levels accurately, reducing overstock and mitigating stockouts. This has help optimize our stock profiles across multiple locations. The demand planning features has allowed us to predicting future sales trends, allowing our business to have better insights into aligning inventory levels with predicted demand. Last but not least it has seamlessly integrated into our ERP system to pull data and to push purchase orders which was critical in making the software work for us and improved operations efficiency.

Cons

Like many specialized software, NetStock could potentially have a learning curve, especially for those unfamiliar with inventory management systems. This could potentially lead to usability issues for some users.

Alternatives Considered

NetSuite and Slim4

Reasons for Choosing Netstock

NetStock offered a better solution and more reporting capabilities which was a requirement for us along with seamless integration into our ERP system

Reasons for Switching to Netstock

good value for money along with the integration and reporting capabilities made the decision to go with NetStock easier.

Response from Netstock

Thanks you Stephen for such a great, in-depth review. Pleased to see that you are seeing good results

Replied 10/08/2023
Tyler
  • Industry: Packaging & Containers
  • Company size: 11–50 Employees
  • Used Daily for 6-12 months
  • Review Source
Value for Money
3
Features
4
Ease of Use
5
Customer Support
5

5
Reviewed on 26/07/2023

Netstock after 9 months

Overall experience is good.

Pros

Its very easy to deploy and use with very little downtime or risk.

Cons

There isn't much flexibility without extra costs.

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
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

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