Netstock Erfahrungen

Hervorragende Software mit vorbildlichem Support

Vorteile:

Die Software ist sehr flexibel, effizient und zielführend um beim Einkauf im richtigen Moment die richtigen Entscheidungen zu treffen. Spezifisch hervorheben möchte ich hier aber den vorbildlichen Support, welcher eine Professionalität erreicht, welche man leider nur noch selten erlebt. Auf jede Frage wird bis ins kleinste Detail eingegangen, ausführlich erklärt und gemeinsam eine Lösung gefunden. Dies bei einer durchschnittlichen Reaktionszeit von nur wenigen Stunden.

Nachteile:

Einen Nachteil konnten wir bislang nicht finden.

Was exactly what I was after...

Kommentare: 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.

Vorteile:

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.

Nachteile:

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.

Netstock S&OP

Kommentare: 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.

Vorteile:

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.

Nachteile:

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

Netstock Review

Kommentare: So far, it's been pretty good. [sensitive content hidden] was great with my onboarding and the learning modules were good too. Easy integration with Sage.

Vorteile:

Forecasting, purchase order creation, data quality checks, enquiry screen, lead time calculation, safety stock calculation I also like that I could add vendors at my pace - so I started small and increased as my confidences and knowledge increased

Nachteile:

Inability to move from one item to the next (with like an arrow) function. Not being able to add days to the policy overrides. Vendor report cards would also be nice. More learning modules after the on boarding would be nice.

The benefits of using Netstock

Kommentare: Netstock helps us in having the right amount of stock in place, on the required dates.
Whenever questions are raised, the consultants answer rapidly, which is really appreciated.

Vorteile:

Netstock provides a customer friendly lay-out, delivers a great job on forecasting, taking all kinds of factors into account, like seasonality. It also has a dynamic daily safety stock calculation. Furthermore, our assortment is analysed in the Classification Matrix, which offers a clinical possibility to de-range products that don't contribute that well to velocity and margin.

Nachteile:

In our situation it's not possible to have a correction in place regarding out-of-stock positions (I'm not sure if this is Netstock related or the way Netstock has been implemented for us).

NetStock Review

Kommentare: 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.

Vorteile:

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.

Nachteile:

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.

In Betracht gezogene Alternativen: NetSuite

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

Zuvor genutzte Software: Valogix Inventory Planner

Gründe für den Wechsel zu Netstock: good value for money along with the integration and reporting capabilities made the decision to go with NetStock easier.

Soundvision Technologies

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

Vorteile:

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.

Nachteile:

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.

In Betracht gezogene Alternativen: Fishbowl

Gründe für den Wechsel zu 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.

Excellent Solution for Inventory Management

Kommentare: An excellent Inventory Management solution!!!

Vorteile:

It's Dash Board is the best thing ever, as it first gives the user a bird's eye view which gives the option on drilling into detail without hassle. You can access all information horizontally and vertically so easy.

Nachteile:

Maybe, if I could customize reports that are available on "CSV Reports" Option, it would have added some convenience as I would not have to bother Netstock Team.

In Betracht gezogene Alternativen: Phocas Software

Gründe für den Wechsel zu Netstock: As Netstock was more focused on Inventory Management than Phocas did.

Streamlining Inventory through Demand Planning & Forecasting

Kommentare: The experience with Netstock is transformative for the company. What began as a quest to improve inventory management quickly becomes a catalyst for operational excellence, cost savings, and enhanced customer satisfaction. By harnessing the power of data and advanced forecasting techniques, the business not only achieves its immediate goals but also lays a solid foundation for sustainable growth in a competitive market.

Vorteile:

More accurate forecasts, optimized inventory levels, cost savings, improved customer service, and streamlined operations, ultimately contributing to overall business efficiency and profitability.

Nachteile:

Involve costs such as software licenses, implementation fees, and possibly ongoing maintenance or subscription fees. For small businesses or those with limited budgets, these costs may outweigh the benefits.

Netstock Overview

Kommentare: Overall, my experience with Netstock was largely positive, with significant improvements in inventory management and operational efficiency. Despite a few challenges, the benefits and features of the software made it a valuable tool for managing inventory effectively.

Vorteile:

Overall, Netstock's combination of ease of use, advanced features, integration capabilities, and cost-effectiveness makes it a highly beneficial tool for businesses looking to enhance their inventory management practices.

Nachteile:

The effectiveness of Netstock heavily relies on the accuracy of the data entered. Inaccurate data can lead to suboptimal recommendations and decisions, necessitating stringent data management practices.

Netstock Review

Kommentare: Overall, great/valuable enhancement to our ERP system.

Vorteile:

The ease of the exports is great. We use much of the Netstock info in combination with our regular ERP to create early buy presentations.

Nachteile:

I really wish the TTM month sales data could be viewed at item level when exporting a particular Warehouses data in excel. Currently, the only way I know how to view TTM month sales data is click on each individual item and view it on the item's tile.

Netstock Review

Vorteile:

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

Nachteile:

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).

In Betracht gezogene Alternativen: Dynamics 365

Warum Netstock gewählt wurde: Customer service issues, outdated software

Gründe für den Wechsel zu Netstock: Data visibility

A Game-Changer in Demand Planning: Four Years with an Exceptional Software

Kommentare: One of the most impressive outcomes of using NetStock has been the remarkable improvement in our fill rates. By having a clear understanding of demand patterns and leveraging the software's insights, we've been able to consistently meet customer demands and exceed their expectations.

Vorteile:

For the past four years, I've had the privilege of utilizing NetStock, a demand planning software that has truly revolutionized the way I approach inventory management. This exceptional tool has consistently exceeded my expectations, offering an unparalleled level of control over stockholding, order management, and overall supply chain efficiency.

Nachteile:

The main drawback encountered when utilizing NetStock revolves around the extended duration required for refreshing and importing data from our primary ERP software.

Happy Netstock User

Vorteile:

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.

Nachteile:

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.

A great product that has become a fundamental part of our procurement strategy

Kommentare: It has been a very straightforward and easy process since inception. The fact that we have increased fill rates and controlled our overstocks by a fair margin since installing netstock is a huge endorsement to the product. We now have around 3000 SKU's and use 80 odd suppliers while turning inventory around 8.5 times per annum with minimal excess so we think it's our best investment yet!

Vorteile:

So easy to use and quickly highlights orders that must be placed well within leadtime to maintain very high fill rates. In the hospitality game seasonality is key and the algorithms used by Netstock are invariably spot on with little massaging needed to forecasts to maintain exceptional fill rates in a very busy and unforgiving industry.

Nachteile:

No real flaws that come to mind. Any issues that arise are quickly dealt with by Netstock staff so that's very reassuring when you rely on such an important tool that is used daily.

Real Time data, Intuitively arranged

Kommentare: Visibility is excellent. It's up to date (real time) and we've enjoyed using the Categorization of items (AH, AM etc) to improve our planning/buying situation. Even after the recent Supply Chain crisis (Covid included) we are able to zero in on issues and root causes to identify actions to make adjustments and corrections.

Vorteile:

The intuitive layout, particularly after the recent enhancements. It Integrates well with our ERP and presents the data in ways that support quick decision making. The training videos and hints/tips are useful too. And the customer support is second to none - where else can you receive access to a 'live' person within a minute or two and have detailed step by step support when you need it? Netstock is invaluable to our business.

Nachteile:

Unable to make mass changes in excel and upload to Netstock.

An easy to use, web enabled visual delight

Kommentare: Really good, love the monthly subscription, no high implementation costs, great customer service. Would recommend to anyone in a distribution business.

Vorteile:

Easy to use, easy to visually see what stock is in other regions/hubs. I like the dashboard to see where we are as a business - what is out of stock, what is potentially at risk, what is overperforming, what is underperforming. In a business where data is critical, Netstock provides everything we need to make sound decisions.

Nachteile:

Nothing, it gives us everything we need. We don't use it for container loading/sizing.

Straightforward inventory planning software achieving great results!

Vorteile:

Netstock helped us to streamline and optimise our stock holding, daily ordering and supplier forecasting. The integration between NETSTOCK with our Acumatica ERP was relatively straightforward. We achieved a 50% reduction in stockholding and a 15% fill rate improvement. The dashboard provides a great insight into all metrics while it allows you to dig deeper into any of them with a few clicks. When there is a question or issue the support team at Netstock are always there to help, really fantastic customer service support!

Nachteile:

It would be nice to have a deeper insight into the algorithms that predict demand and be able to change these manually.

Bluesky

Kommentare: We have managed to increase our fill rate, in turn ensuring that our continuous stock items are mostly continuously in stock. We have also managed to streamline our reordering process and Netstock has also enabled us to quickly identify where we have surplus to requirements orders in place.

Vorteile:

The integration process was very efficient, being the first integration into Odoo we were not expecting this to be as easy as it turned out to be. We had and still do continue to receive excellent support from Netstock. The software itself has been very easy to use, the training materials provided are simple to understand and this has enabled us to train additional members of staff without the need of including other members of staff.

Nachteile:

There are no features that we would suggest needed to be included that we don't already have

Really Puts You In the Driver's Seat

Kommentare: Overall extremely pleased. There's no turning back.

Vorteile:

Netstock is very easy to use and integrate in the daily tasks. The available information is even overwhelming at first, but it helps make smart decisions. ERP integration with Sage 300 was effortless. UI is pleasant, clear and intuitive. Excellent and accessible support team. Development team is quick to make improvements. The time saved is uncalculable.

Nachteile:

Not many cons. Might lack only some very advanced features found in some complex custom (and costly) solutions.

netstock 2023 review

Kommentare: With supplier performance, we work with them to find the issues, if any, to better plan our needs. This is a win win sitsution for both of us. Nestock has been a valuable tool to ensure we are able to meet the imediate and future clients needs. This is key for any business to survive and grow .

Vorteile:

The Dashboard addresses, at one glance the most important tasks to address . The downloadable reports are easily shared with suppliers for open po, future orders. This helps supplier to ensure goods are available at needed time line.

Nachteile:

Sometimes the future forecasts are off but we have noted that this happens for slower movers and seasonal needs. We monitor needs closer when this happens and with time and past data,NETSTOCK learn better.

Excellent software with great support

Vorteile:

Setup process was very quick and easy and the onboarding period was very helpful Creates a robust demand/supply process without need for spreadsheetsSaves lots of timeSupport staff are excellent, quick to respond and always find good solutions to different situations that arise

Nachteile:

Some more advance features seen in other software not present

In Betracht gezogene Alternativen: EazyStock

Gründe für den Wechsel zu Netstock: Cheaper and integration with our ERP

An Absolute Must

Kommentare: We now have a robust inventory management process that does not rely on excel, and we have confidence in the recommended order output.
We have automated the process and are saving time.
We have reduced our working capital by trusting their safety stock formula and maintain exceptional levels of product availability.

Vorteile:

The software is user friendly with strong online help. Great low risk adoption commercial model. All the sophistication that you need to make informed inventory management decisions. Visual and strong graphical representation of the health of the inventory

Nachteile:

The configurability of the software is more restrictive than some of the server based alternatives. The forecasting functionality meets the requirement but does not continue into hierarchical demand management

Netstock Review

Kommentare: A very useful system, cant imagine what work would be like without it

Vorteile:

Ease of useClear forecasting functionalityEasy to amend forecasts and tailor to suit own needs

Nachteile:

The search function needs to be able to find items without being so accurate

Simple and just getting better over time

Kommentare: I've really enjoyed working with Netstock to date since it puts key metrics for demand and inventory planing at your fingerttips, whether you are in the office or on the road.

Vorteile:

Netstock is easy to use so basic users can get the infor they needs quickly, while having enough depth for more advanced users to dive deeper in the data.

Nachteile:

There is little customization possible and the support documentation can be basic at times.