Netstock

Pros: Visibility in areas of concern, abilities to filter/upload/download reports, Disaggregation for different regions,

Cons: being 1 day behind our ERP, has been a challenge in the scheduling of our processes, as well as having to wait for changes to update

Pros: The forecasting and easy visibility for stocked out and potential stocked out items has been a major benefit for our company.

Cons: The lack of live data has been a real challenge when looking for backordered items specifically. We often still need to be looking in our ERP system while ordering.

Pros: The dynamic forecasting and lead times allow us to better manage our on hand inventory and turns throughout the year. It makes for a more efficient process.

Cons: There has been a steep learning curve with the setup. We have 100s of vendors and they are all different.

Pros: Exceptionally clear dashboarding — real-time visibility into stock levels, excess, and potential stockouts made prioritizing tasks quick and intuitive. Strong demand forecasting tools — forecasts were easy to interpret and adjust, improving purchasing accuracy. Intuitive user interface — simple to navigate, minimal training needed, and the workflow feels logical for planners. Automated replenishment recommendations — saved significant time and helped maintain correct stock levels across multiple locations. Great scenario planning — ability to model different forecast or lead-time changes supported better decision-making. Helpful alerts and analytics — proactive insights on low-stock, slow movers, and excess inventory allowed early action. Good integration with ERP systems — smooth data sync reduced manual errors and improved efficiency. Strong customer support — responsive, knowledgeable, and willing to help optimize the setup for business needs.

Cons: Some forecasting models are rigid, requiring manual overrides for unique or volatile SKUs. Lead time accuracy is heavily dependent on ERP data quality, so results vary if master data isn't clean. Reporting customization is limited, and deeper analytics sometimes require exporting to Excel or BI tools. Learning curve for advanced features, especially for businesses without a mature inventory process. Dashboard can feel simplified, lacking deeper drill-down options compared to enterprise planning tools.

Pros: The ease of product hierarchical set up and navigation within the system allows us to cater to numerous audiences within our organization. As a demand planner we need to present at many levels and Netstock allows us to do that quickly with ease.

Cons: Exporting large data sets require you to breakout the data at times, but overall this is still not a problem. There are options so you can still export at .csv in this instance.

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

Cons: 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.

Pros: Makes our daily ordering easier than what is previously was

Cons: Our back end team is based in a different time zone, making it difficult when the reporting doesn't refresh overnight

Pros: 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.

Cons: 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.

Pros: 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.

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

Pros: Best demand planning software that I've used to date.

Cons: Some of the users have voiced their preferences for live updates

Pros: 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.

Cons: 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).

Pros: 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.

Cons: 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.

Pros: My favorite tool on Netstock is the BOM. This helps me see where the part goes and what part has the greatest demand. I also like seeing the recommended order amounts and the model stock holdings.

Cons: I dislike that it doesn't take blank orders into effect.

Pros: 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

Cons: 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.

Pros: Being able to manage buying and keep stock of the right things. We don't overbuy things we don't need anymore!

Cons: Some complicated things to learn up front. The need to get other members of the company on the same page.

Pros: The ease of access with in-app walk-throughs of the various functions. It made learning and mastering its uses very intuitive.

Cons: UI on the homepage is a bit crowded but you get used to it quickly.

Pros: Overall, layout is great, I can see everything on dashboard at once for easy inventory management. Many very helpful features.

Cons: Not completely customizable like I wanted it to be.

Pros: its help me stay in stock and not over stocked

Cons: Reports Need more detailed reports in a simple format

Pros: 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.

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

Pros: Easy to use and dashboards are created to make this easier even more

Cons: I would say price is the only issue. It could be slighlty cheaper

Pros: 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.

Cons: 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.

Pros: Its very easy to deploy and use with very little downtime or risk.

Cons: There isn't much flexibility without extra costs.

Pros: The dashboard is a great first glance to see what should be prioritized!The online support for the platform is next level!Great educational software to build confidence and understanding of the platform!

Cons: That we don't have the IT team here to support the integration into our other platforms