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.

Starting Price:
Not provided by vendor See pricing details
Free Version:
No
Free trial:
No

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Netstock Reviews

Feature rating

Value for Money
5
Functionality
4.7
Ease of Use
4.9
Customer Support
4.9
5 reviews of 38 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 31/3/2020

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.

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 9/9/2022

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 13/9/2022
Marc
  • Industry: Wholesale
  • 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 24/1/2023

netstock 2023 review

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 .

Pros

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.

Cons

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.

Paul
  • Industry: Food & Beverages
  • Company size: 2-10 Employees
  • Used Weekly for 1+ year
  • Review Source
Value for Money
0
Features
4
Ease of Use
3
Customer Support
5

4
Reviewed on 17/11/2022

Handy Planning Tool

We've certainly seen improved inventory levels and fill rates since using Netstock and once you're in the swing if using it at a basic level, there are some other good functions to review and apply to your business.

Pros

Very useful long term planning and forecasting tool, especially for SKUs with layers of complexity in the supply chain. Tricky to understand at the start, but the customer service to guide you through it is really quite excellent.

Cons

All the information is in there, but it is not the best at presenting one report to see all teh detail you need. We created an excel spreadsheet that translates the reports from Netstock into a one-stop document that displays all the information and results ... bit of a shame Netstock doesn't have such a function.It's also a a shame that you cannot see your own historic comments (or make new comments) whilst adjusting forecasts.

James
  • Industry: Consumer Goods
  • Company size: 51-200 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
4

4
Reviewed on 27/10/2022

Netstock Review

Pros

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

Cons

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).

Alternatives Considered

S2K Enterprise and Dynamics 365

Reasons for Choosing Netstock

Customer service issues, outdated software

Switched From

S2K Warehouse Management

Reasons for Switching to Netstock

Data visibility

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