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Netstock Reviews & Product Details

MR
Managing Partner
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
What do you like best about Netstock?

NETSTOCK quickly 'plugs' into your existing systems

NETSTOCK implementation is 100% remote

NETSTOCK training is fantastic. Combination of instructor-led with a repository of on-demand videos

NETSTOCK learning curve is significantly shorter than other forecasting tools

NETSTOCK is intuitive and graphic-rich, and the dashboards provide a tremendous amount of information while being easily digestable

NETSTOCK daily reports are automated and emailed each morning Review collected by and hosted on G2.com.

What do you dislike about Netstock?

Compared to other forecasting and demand planning systems, NETSTOCK implementation is *significantly* easier, so there is not much to dislike! Review collected by and hosted on G2.com.

Recommendations to others considering Netstock:

Do your homework. Compare to at least one other forecasting/demand planning tool. It's my experience that other tools can be far more complicated both in implementation and training. Review collected by and hosted on G2.com.

What problems is Netstock solving and how is that benefiting you?

NETSTOCK very quickly (and graphically) segments inventory and makes it easy to identify those products where inventory is "long" and cash is being needlessly tied up. Review collected by and hosted on G2.com.

Netstock Overview

What is Netstock?

Netstock is a leader in demand and supply planning software and is trusted by more than 2,400 customers globally. Integrating into the world's leading ERPs, Netstock empowers small and medium-sized businesses globally with robust inventory optimization and planning tools, helping you to reduce excess inventory, place quicker orders, minimize stock-outs, and forecast demand accurately. Key capabilities of Netstock include: - Inventory optimization - Supplier performance - Inventory ordering - Demand planning - Sales and operations planning - "What-if" scenario planning - Manufacturing and capacity planning

Netstock Details
Product Website
Languages Supported
German, English
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Product Description

Netstock is a Software as a Service company that lives in the cloud, and connects with your ERP system. It provides insights into your Excess Inventory, Surplus Purchase Orders, Fill Rate, Stock outs and Potential Stock outs

How do you position yourself against your competitors?

Netstock offers two products that address supply and demand planning, as well as capacity planning and S&OP.

Netstock's software is ISO27001 certified, meaning we've implemented controls to support the confidentiality, integrity, and availability of our customer’s information.

Netstock has the widest range of ERP integrations in the market. Our software integrates with leading global ERPs, automatically processing data to deliver smart supply and demand recommendations rapidly.

Our best-in-class Netstock Learning Academy means that as a customer, you'll have access to a learning center dedicated solely to you. Access learning paths, courses, videos, tutorials, articles, and so much more!

With over 2,400 customers across the globe and 20,000+ users, we offer 24/6 support! No matter where you are in the world, someone from our customer success team will be online to help you.


Seller Details
Seller
NETSTOCK
Company Website
Year Founded
2010
HQ Location
Boston, US
Twitter
@netstock
19 Twitter followers
LinkedIn® Page
www.linkedin.com
145 employees on LinkedIn®

SM
Overview Provided by:

Recent Netstock Reviews

Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
4.0 out of 5
"Pretty Advanced, Customizable Way to Manage Inventory"
Highly analytical approach to calculating and considering factors to ensure sufficient inventory. Makes it easier for inventory/ logistics team mem...
Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
4.0 out of 5
"Better way to Manage inventory"
Recomended orders created by Netstock and the Visibility of Potential stock outs
Verified User
U
Verified UserMid-Market (51-1000 emp.)
4.0 out of 5
"Muy práctico y rápido."
The complete analysis of my stock and the immediate needs to order new merchandise. It helps to detect those references where I have a lot of stock...
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Netstock Media

Netstock Demo - Easy-to-use dashboard
The Netstock dashboard gives you a clear picture of your inventory and helps you to focus on items that matter. Now you can keep delivering excellent customer service. The dashboard gives you complete visibility of your current stock holding and can help you action any potential inventory stock-o...
Netstock Demo - Sales and operations planning
Plans can be viewed and modified in price, cost, margin, and alternative units of measure. Future prices and costs can be adjusted at any level of aggregation, enabling tight alignment of sales, production, and finance. With the optional Finite Capacity Planning module, you can link material requ...
Netstock Demo - Demand Planning
World-class automatic statistical forecasting. Pivot Forecasting for flexible aggregation and disaggregation along any combination of attributes. Advanced functionality for new products, promotions, and events. Forecast performance monitoring and reporting
Netstock Demo - Classify your stock to focus on profits
Confidently classify your items. 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 Demo - Optimize your Supply Planning Process
Netstock Predictor IBP 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. Plan inventories through multi-tiered distributi...
Netstock Demo - Netstock's Executive Dashboard
The dashboard offers executive teams a high-level performance overview of inventory and ordering key performance indicators (KPIs) and overall sales.
Netstock solution overview
Play Netstock Video
Netstock solution overview
Case study: Eustralis' success with Netstock
Play Netstock Video
Case study: Eustralis' success with Netstock
Case study: TruAudio reduces its inventory value by $1Million!
Play Netstock Video
Case study: TruAudio reduces its inventory value by $1Million!
Case study: Pack Leader achieves a 99% fill rate!
Play Netstock Video
Case study: Pack Leader achieves a 99% fill rate!

Official Interactive Demo

Netstock demo available

Try an interactive demo created by the software seller (right here on G2).

Official Downloads

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123 out of 124 Total Reviews for Netstock

4.7 out of 5
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123 out of 124 Total Reviews for Netstock
4.7 out of 5
123 out of 124 Total Reviews for Netstock
4.7 out of 5

Netstock Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for NetstockQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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Keith W.
KW
Supply Chain Manager
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Netstock?

How pain free and easy the solution was to implement and intergrate. Guidane was provided on how to sanitise our data pre implemnentation, for a better experience. Customer Support team were excellent and onboarding was great and interactive. I use NetStock daily, it's my go to for reviewing inventory and looking at what POs need to be raised. NetStock has many features which can be utilized to improve the user experience. Review collected by and hosted on G2.com.

What do you dislike about Netstock?

I would like some slight customization on some dashboards - I'd like to include additional columns for SKU code and BRAND on the stocked out/potential stock out/stock holding etc. Also, SKU on the order page.

These can be viewed however from downloading a report and filtering from there.

Aside from that, I do not have bad things to say. Review collected by and hosted on G2.com.

What problems is Netstock solving and how is that benefiting you?

Conducing physical checks of stock within our warehouse is now a thing of the past. Analysizng sales data to see trends and seasonality is no longer a daunting task as NetStock looks after this for me for the most part. I can now spend more time on value add tasks as opposed to data entry and number cruncing.

The ability to see how much we will be likely to spend over the future with a vendor is excellent to see also and has justification behind it. Review collected by and hosted on G2.com.

Response from Ann Cumming of Netstock

Thanks so much for the great review Keith

Verified User in Automotive
UA
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Netstock?

Highly analytical approach to calculating and considering factors to ensure sufficient inventory. Makes it easier for inventory/ logistics team members to review and issue orders and plan for actions against stock outs and excess stocks. Easily integrates into our ERP system and ingests all of our data quickly. Review collected by and hosted on G2.com.

What do you dislike about Netstock?

Sometimes the recommendations for certain level of Safety stocks seem illogical and in excess. For some items only though and since the algorithim is not shared, we dont know how the calculation is arrived that way. Would be great if we could include more functions like In-transit inventory , as well as other metrics like months of inventory vs days of inventory. Review collected by and hosted on G2.com.

What problems is Netstock solving and how is that benefiting you?

Identifying stock out / excess stock items based on latest sales trend. Review collected by and hosted on G2.com.

Response from Ann Cumming of Netstock

Thanks for the great review !

Open Discussions in Netstock
Verified User
G2
Verified User in Automotive
UA
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
(Original )Information
What do you like best about Netstock?

The complete analysis of my stock and the immediate needs to order new merchandise. It helps to detect those references where I have a lot of stock and thus correct possible future overstock problems. Review collected by and hosted on G2.com.

What do you dislike about Netstock?

I would like to place orders for longer terms and for specific future periods.

It does not measure my actual sales by area but only the merchandise that has left a specific warehouse. Review collected by and hosted on G2.com.

What problems is Netstock solving and how is that benefiting you?

He is helping me identify all those references where I have a lot of stock and need to liquidate. It helps me see at a glance those references on which I need to act, whether to buy more stock or to liquidate them. Review collected by and hosted on G2.com.

Response from Ann Cumming of Netstock

Thanks for the review !

Zach K.
ZK
Director of Operations
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Netstock?

So far it has been a great forecasting and ordering tool for our Wholesale business. Review collected by and hosted on G2.com.

What do you dislike about Netstock?

The reporting is a bit tricky and a little high level, although there are ways to drill down it is hard to setup for the average user. Review collected by and hosted on G2.com.

What problems is Netstock solving and how is that benefiting you?

We were able to get away from using Excel to forecast and demand plan! Review collected by and hosted on G2.com.

SL
Supply Chain Analyst
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Netstock?

1, easy to nevigate system, if you need to go to a function, say, overstock inventory, very easy to find it

2. Clear structure dashboard with trend you can see directly and can see update in minute.

3. feel need to adjust the system to fit my need, they are very easy system policy adjustment with minute to be update and see the result immediately.

4. Good customer support, they reply in minute. Review collected by and hosted on G2.com.

What do you dislike about Netstock?

1. When the other user are updating the system policy, you can't use the system to check data, but that is not frequently happend. Review collected by and hosted on G2.com.

What problems is Netstock solving and how is that benefiting you?

1. It help track stock holding, stocked out and excess stock situation, you can see the map and trend anytime.

2. It help provide forecasting for company top tier products.

3. It help generate advance report, say for example, report for reordering. Review collected by and hosted on G2.com.

Response from Ann Cumming of Netstock

Thanks for the great review Shen!

BG
Purchasing Manager
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Netstock?

Netstock is very easu to use and fast to learn the basics. From there you can do just about anything in relation to stock management. The training videos and modules made it very accessible. I actually really enjoyed the learning experience which is rare in a lot of programs. Forecasting was always an issue at our organisation but since we switched to Netstock it has been a dream. The customer service they offer is extremely quick and insightful too so even if you are struggling, there is always help close by. Review collected by and hosted on G2.com.

What do you dislike about Netstock?

I honestly haven't found anything that bothers me about using Netstock yet and I am quite confident that this will remain unchanged. Review collected by and hosted on G2.com.

What problems is Netstock solving and how is that benefiting you?

Forecasting trends and particularly safety stock calculations have been dramatically improved in our organisation. Review collected by and hosted on G2.com.

Response from Ann Cumming of Netstock

Thanks for the great review Brad!.

JC
Product sourcing
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
(Original )Information
What do you like best about Netstock?

Visual graphic to use. Easy to read, and works great. Customer service is very helpful. Review collected by and hosted on G2.com.

What do you dislike about Netstock?

I don't see anything need to be improve right now. Review collected by and hosted on G2.com.

What problems is Netstock solving and how is that benefiting you?

Reduce many human error and labor. Review collected by and hosted on G2.com.

Response from Ann Cumming of Netstock

Thanks for the review Jason

NV
Branch Manager
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Netstock?

It gives me fast and accurate values that I must order, and good indication on my over stock. Review collected by and hosted on G2.com.

What do you dislike about Netstock?

I am overall happy with Netstock. Not really something that I don't like. Review collected by and hosted on G2.com.

What problems is Netstock solving and how is that benefiting you?

It helps me with planning my orders and calculate easy if I want to make forward orders. Review collected by and hosted on G2.com.

Response from Ann Cumming of Netstock

Thanks for the great review Neels

Verified User in Oil & Energy
UO
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Netstock?

The UI and navigation is great, I love being able to look up most, if not, all my inventory statuses, and things related, all in one place. Customer support is amazing and always quick to help. Review collected by and hosted on G2.com.

What do you dislike about Netstock?

The set up for the most part is simple, but it can be tedious when your business has very specific needs that can be difficult to translate, otherwise, it is a good tool. Review collected by and hosted on G2.com.

What problems is Netstock solving and how is that benefiting you?

Looking up stock statuses for items and optimal order quantity, saves a lot of time. Review collected by and hosted on G2.com.

Response from Ann Cumming of Netstock

Thanks for the review :-)

Subhashini J.
SJ
Demand Planning Manager
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Netstock?

We have both B2B and DTC business and various markets and how we manage inventory at multiple locations to multiple customers or their warehouses. We also do inhouse manufacturing; 3 rd party contract manuacturers and turn key items from overseas across the globe and multitude of lead times. We have 3 brands and Netstock has made it more manageable, improved visbility, improved stock availability and and improved OOS and at the same time positioned our inventory over the last 12 months to a much optimised position and we are on our target to achieve better stock turns & the integration between our ERP and Netstock is seamless. We had great support from the Netstock team to customise the tool and helped with smooth implementation. I use it everyday and the level of visibility our company has since the launch of Netstock is immeasurable. Review collected by and hosted on G2.com.

What do you dislike about Netstock?

Due to how our business is setup, we do have some areas of the dashboard and the newer AI recommendations which does not suit us. Also the subscription we use does not encompass customised and easy to build DIY reports which is difficult some times to having to modify existing reports to our needs. Review collected by and hosted on G2.com.

What problems is Netstock solving and how is that benefiting you?

Netstock is helping reduce OOS and maintain the right product inventory at multiple DC locations. It is aslo helping review channel level forward forecasts for upto 24 months ( customised for us) which is absolutely fantastic as our NPD teams work far ahead of 18 months for the upcoming product launches. It has resolved the manual errors and manual massive spreadsheets the company used in the past which resulted in excess buying due to incorrect forecasts and disposal of incorrectly purchased raws. It drives the frequency of our raws purchases to match with our lead times & that helps maintain better cash flow within the business. Review collected by and hosted on G2.com.

Response from Ann Cumming of Netstock

Thanks, Subhashini for the wonderful, and in-depth review