Finale Inventory vs Netstock Comparison

Before using Inventory Advisor, we did not have a proper way of analyzing our inventory minimums and maximums. Inventory Advisor made it possible to do so overnight.

I cannot think of any. I am sure we are not using the product to it's full potential but it is working fantastically for us.

Thanks very much for the great review Darrell. It's great to hear about the success you are having with the solution.

It's Dash Board is the best thing ever, as it first gives the user a bird's eye view which gives the option on drilling into detail without hassle. You can access all information horizontally and vertically so easy.

Maybe, if I could customize reports that are available on "CSV Reports" Option, it would have added some convenience as I would not have to bother Netstock Team.

Thanks for the great review Prasad. We are very proud of our Dashboard which seems to be a big hit with our customers

Makes daily order processing more efficient with all Data supplied to view on order screen

Program will only let you export reports with 10,000 sku's therefore sometimes reporting has to be filtered and added together to get correct reporting.

Thanks for your review Brad

The simplicity of the layout of the dashboards, and the ease to navigate for information. CSV files are easy to understand and downloadable to Excel where editing can be done to provide management & stakeholders reports on inventory. Demand planning is a breeze with customer forecasts as one of the drivers for replenishment.

none at this time. I have had no reason to point out a negative as the system is an amazing tool.

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.

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.

Thanks for the review Justin - we will definitely look into your suggestion for continual improvement to the system

Ability to focus on products and suppliers and reduce stock-outs.

We like every aspect of the Netstock tool.

Thanks for the great review Stephen!

Simple, straight forward, all the information you need to manage your inventory!

Making sure all history is a bit of challenge

Thanks, John for your review of our solution. It makes us at NETSTOCk even more determined to continue to provide superior solutions to help companies such as yours with your inventory management needs and challenges

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.

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.

Thanks for the review Shonika

The software is user friendly with strong online help. Great low risk adoption commercial model. All the sophistication that you need to make informed inventory management decisions. Visual and strong graphical representation of the health of the inventory

The configurability of the software is more restrictive than some of the server based alternatives. The forecasting functionality meets the requirement but does not continue into hierarchical demand management

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

Not completely customizable like I wanted it to be.

Best features of Inventory advisor; Great data at your fingertips driving better decisions and action, Easy to process inventory plans and order what you need, when you need it, Ability to add new data and customize to get the needs views of your business, Very easy to use, Saving a lot of time.

Some of the "pay extra" features are not as high value for the money as the main system.

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

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.

Very easy to use Implementation process was very thorough and enjoyable Has helped us to reduce our inventory whilst still preventing Out of Stocks

Occasionally there have been issues with the algorithms - but they have been explainable and then fixable

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.

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.

Thanks you Stephen for such a great, in-depth review. Pleased to see that you are seeing good results

Visibility on the dashboard it makes so easy to manage the inventory, especially for top management as they do not have time to look at the details

not yet able to give me the batch reports with the expiry dates

The layout of the dashboard gives an immediate snapshot of all points of interest for inventory management i.e Value of stock on hand, excess stock, out of stocks

Initial exposure was a bit overwhelming with all the information presented but that is nothing some training couldn't fix

Thanks for the great review Nathan.

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.

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

Thanks for the great review Frederic! Pleased to hear that you enjoy working with the app and you are seeing success

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.

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.

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.

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

So pleased to hear that you are also seeing such great results with our app. Thanks for the great review!

So easy to use and quickly highlights orders that must be placed well within leadtime to maintain very high fill rates. In the hospitality game seasonality is key and the algorithms used by Netstock are invariably spot on with little massaging needed to forecasts to maintain exceptional fill rates in a very busy and unforgiving industry.

No real flaws that come to mind. Any issues that arise are quickly dealt with by Netstock staff so that's very reassuring when you rely on such an important tool that is used daily.

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

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).