The Supply Chain and Logistics Association of Australia has welcomed an inventory and demand planning software company trusted by more than 2200 customers optimise their demand supply planning.
Netstock has accelerated the growth of organisations worldwide for the last 15 years and has built regional presences in ANZ, North America, and EMEA, gaining deep insights into supply chain planning challenges in each market.
The Netstock difference:
Netstock seamlessly integrates with over 60 leading ERP systems, transforming raw data into predictive insights for confident decision-making. With immediate ROI, Netstock unlocks working capital, enabling adaptability and ensuring exceptional customer service. Customers enjoy tailored onboarding and 24/6 support, along with premier learning resources from the Netstock Learning Academy, backed by decades of industry expertise. Netstock is also ISO 27001 certified, offering its customers data integrity.
Unlocking success with Netstock:
Netstock continually innovates its solutions with smarter predictive engines, leveraging AI and machine learning to help customers thrive. With Netstock, customers can:
○ Improve fill rate by up to 15 per cent, reducing stock-outs and increasing sales
○ Increase forecast accuracy by up to 50 per cent with tournament-based forecast algorithms
○ Reduce inventory holding by 35 per cent, unlocking cash tied up in excess inventory
○ Reduce time spent on planning, forecasting, and ordering by up to 70 per cent.
Netstock solutions
Netstock offers two product solutions that cover both sides of the inventory challenge: supply and demand. The solutions encompass:
● Inventory optimisation
● Demand planning
● Inventory forecasting
● Inventory ordering
● Supplier performance
● Manufacturing & capacity planning
● Sales & operations planning
Real-word transformations:
Netstock is helping businesses in ANZ achieve remarkable results. One such transformation is Adventure Operations who achieved a 30 per cent reduction in inventory in under 12 months. Leveraging Netstock’s tools, Adventure Operations shifted from managing inventory and forecasting in spreadsheets to a proactive, predictive forecasting model. The result? They maintained a robust 95 per cent fill rate, and the key to this turnaround was data visibility, leading to forecast accuracy, streamlined operations, and strategic sales initiative.
For more information on SCLAA, click here.