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Netstock Predictor™

Status: Unverified

Netstock Predictor™ is the flagship product, an out-of-the-box solution that provides small to medium-sized businesses with the intel they need to minimize stock-outs, place quicker orders, and reduce excess inventory. The Netstock Predictor solution is set up as a progression enabling customers to increase capabilities within the solution as their business operation matures and becomes more complex.

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Description

Make faster supply chain planning decisions

Netstock Predictor™ is the flagship product, an out-of-the-box solution that provides small to medium-sized businesses with the intel they need to minimize stock-outs, place quicker orders, and reduce excess inventory. The Netstock Predictor solution is set up as progression enabling customers to increase capabilities within the solution as their business operation matures and becomes more complex.

Key Benefits

Robust and easy to use, Netstock Predictor offers an intuitive user interface that allows teams to get up to speed rapidly, identifying inventory and supply and demand insights from day one. Customers can quickly analyze their inventory landscape using our powerful predictive forecasting tools, and swiftly adopt a plan allowing them to predict their supply and demand needs and develop a plan that maximizes their inventory and investments.

Netstock Predictor provides 4 core benefits to its customers:

  • Save time on planning by placing the right orders, quicker
  • Minimize stock-outs to retain customers and increase sales
  • Reduce excess inventory, so that cash isn’t tied up where it shouldn’t be
  • Better plan for volatile supply and unpredictable demand

Customer Quote

“We implemented Netstock and finally had a single-window view of our inventory. The ability to make actionable decisions with the output data has been paramount; we can address multiple suppliers, locations, categories, and more, very quickly. We now have the ability to dial in figures to see the best possible turns with the least amount of excess,” said Matt Kovarick, Purchasing Manager.

– Matt Kovarick, Purchasing Manager.

What sets us apart

Netstock’s Predictive Planning Solution empowers small and medium sized businesses globally with a robust, yet affordable supply chain planning tool, fulfilling the needs of our customers throughout their supply chain planning journey, and as they grow.

Netstock’s organizational competencies combined with our Predictive Planning Solution, provides organizations operating in manufacturing, distribution, wholesale, and retail industries, with the insights and agility to rapidly conquer supply and demand challenges, stay on top of competition, and quickly meet customer demand with:

  • Powerful yet intuitive supply chain planning software
  • Easy to navigate and user friendly interface
  • Enhancing current ERP functionality with robust inventory planning functionality
  • Netstock learning academy based on decades of industry knowledge
  • Exceptional onboarding and customer support
  • Guaranteed data integrity with ISO27001 certification
FEATURES

Dashboard

Customers gain full visibility into their inventory KPIs on a single dashboard.  Allowing them to focus on  business-critical items and align demand and supply. KPIs on the dashboard include:

  • Stock holding
  • Excess stock
  • Surplus stock
  • Fill rate
  • Stock-outs
  • Potential stock-outs

Supplier performance

Reduce supplier risk and increase fill rate, giving businesses a competitive edge by offering unrivaled excellent customer service.

  • Monitor supplier performance and identify reliable suppliers
  • Improve lead time with accurate supplier data
  • Factor lead time reliability into your replenishment decisions
  • Automatically adjust safety stock in line with supplier risk
  • Optimize your supplier network

Forecasting

Netstock Predictor™ leverages our Pivot Forecasting® engine. This robust AI-infused, ML-based predictive engine provides the same forecasting power as inventory planning systems built for enterprise organizations. Pivot Forecasting injects predictability into our customer's planning process, helping them to predict future scenarios and outcomes around supply and demand. The predictive analytics provided by Netstock Predictor gives customers the visibility and knowledge they need to unlock operating cash through better inventory management, affording them the ability to invest in high-performing profitable products. Businesses can recognize ROI from day one of implementation by reducing stock-outs, minimizing safety stock, and deploying efficient and effective replenishment plans.

Inventory classifications and optimization

Balance inventory holding, free cash tied up in excess inventory and reduce carrying costs.

  • Automatically classify items, to order the right quantities of the right products
  • Inventory policy modeling & risk analysis
  • Scenario comparisons
  • Advance forecasting capability to reduce stock-outs
  • Generate recommended purchase orders, production work orders, and distribution plans to resupply and restock inventory across your network

Executive dashboard

Comprehensive visibility into business performance

The Executive dashboard offers executive teams a high-level performance overview of inventory and ordering key performance indicators (KPIs) and overall sales.

  • View overall business performance across multiple or all locations.
  • View inventory, sales, and ordering KPIs individually and in a summary view.
  • Visibility of historical KPI data compared to current KPI summary to understand current performance vs. past performance