Netstock

Key Features

Demand Forecasting

• Multiple forecasting models: Build forecasts for each inventory item based on its sales history and demand patterns. Netstock can automatically select a forecasting model that best fits an item’s seasonality and demand pattern.
• Forecast overrides: Adjust any forecast for promotions, lost sales, or one-off events, at the level of a single item, a product group, or a sales channel.
• Scenario modeling: Run best- and worst-case demand scenarios and project recommended supplier orders up to a year out from current stock, item forecasts, and inventory policy.
• Collaborative planning: Bring forecasts together with input from sales, finance, and operations into one shared demand plan, shown in operational or financial units.

Inventory Optimization

• Item classification: Groups inventory items by sales value and demand velocity. Rank products based on classifications in ABC-style lists.
• Inventory policies: Set target fill rates and safety stock levels by item classification. Override policies at the product, location, or supplier level.
• Multi-location redistribution: Analyze stock across locations and move surplus to where it’s short. Create transfer orders one-to-many or many-to-one.
• Excess and obsolete stock: Surface surplus, overstock, and obsolete items across multiple locations. Flag where you’re holding more than the policy requires.

Ordering & Replenishment

• Order recommendations: Generate purchase, production, and transfer orders from your inventory policies. Prioritize a daily queue using predicted stock-outs and item classification.
• Ordering constraints: Build orders that respect MOQs, lot sizes, and expiry dates. Constraints apply automatically to recommended quantities.
• Container Builder: Pack recommended orders into container-ready shipments by volume, weight, and capacity.

Supplier Performance Management

• Supplier risk profiles: Build a risk profile for each supplier from their delivery and reliability history. Measure actual lead time by item, supplier, and location. Exclude outliers and account for poor delivery.
• Safety stock: Adjust safety stock automatically as supplier reliability shifts. Hold more stock for less reliable suppliers or longer lead times.
• Supplier network view: Summarize each supplier’s open, overdue, and future orders. Share upcoming purchase orders and spend with suppliers.

Reporting & Dashboards

• Customized dashboards: Track KPIs like stock-outs, excess inventory, and fill rates from preconfigured dashboards. Drill down into the SKUs behind each metric.
• Executive dashboard: Give leadership a company-wide view of inventory health across locations. Monitor supplier service levels and inventory cash value in one place.
• Report Builder: Build custom reports with filters and sorting. Run them ad hoc or on a schedule with the ability to share with internal and external teams.

AI & Automation

• AI Opportunities: An AI-powered tool that scans inventory across and flags the highest-impact actions you can take now. Recommends orders and inventory moves like expediting an order or clearing excess before problems hit.
• AI Pack assistants: Assistants that explain dashboards, items, reports, and safety stock in plain language with recommended actions. Troubleshoot flagged item issues on your own.
• Inventory Email Agents: Draft supplier emails for surplus orders, late shipments, or stock-out risks. Notify affected customers automatically when issues arise.

Integrations

• Prebuilt connectors: Connect to 60+ businesses systems. Prebuilt connections for ERPs like NetSuite, Sage, Acumatica, Microsoft Dynamics, and SAP, plus inventory and eCommerce platforms such as Cin7 Core and Unleashed.
• Automatic data sync: Pull inventory, sales, and purchasing data from your connected business’s system on an ongoing basis.
• Integrated ordering: Push approved purchase, production, and transfer orders back to your ERP or inventory software with one click.

Netstock Pricing

Netstock uses a quote-based pricing model based on the modules you select and the value of the inventory you manage. Subscriptions are billed annually, and there is no free trial or free version.

What shapes your quote:

• Modules and bundle: The modules and features you select add to the price. Features are bundled by tiers.
• Inventory value: Your quote will scale with the value and SKU count you manage; most plans include unlimited users.
• Implementation: A one-time cost for onboarding, training, and setup separate from the subscription.

Video Overview