All Netstock Reviews
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Steve
Verified reviewer
Wholesale, 11-50 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed March 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.
PROSNetstock 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.
CONSWhilst 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.
Reasons for switching to Netstock
Netstock had a great visual interface that allowed me to quickly see our stock overview, and interrogate the reasons for excesses or shortages. It was evident that it had been designed to make the job of managing stock and building orders simple for users.
Stephen
Consumer Goods, 51-200 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed August 2023
NetStock Review
Experience has been really good. Service is outstanding and it was a really good business fit for our company. It has changed the way we manage, maintain and forecast inventory going forward and critical to our business success.
PROSNetStock 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.
CONSLike 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.
Reason for choosing Netstock
good value for money along with the integration and reporting capabilities made the decision to go with NetStock easier.
Reasons for switching to Netstock
NetStock offered a better solution and more reporting capabilities which was a requirement for us along with seamless integration into our ERP system
Vendor Response
Thanks you Stephen for such a great, in-depth review. Pleased to see that you are seeing good results
Replied August 2023
Tyler
Packaging and Containers, 11-50 employees
Used daily for less than 12 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
3
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed July 2023
Netstock after 9 months
Overall experience is good.
PROSIts very easy to deploy and use with very little downtime or risk.
CONSThere isn't much flexibility without extra costs.
richard
Cosmetics, 11-50 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
3
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed January 2024
Demand Planning Reveiw
Easy to use now i'm very experience. Good layout easy to read quickly
PROSits help me stay in stock and not over stocked
CONSReports Need more detailed reports in a simple format
Anonymous
2-10 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed September 2020
Netstock S&OP
I have deployed netstock in small ($5m turnover) to medium/ large ($450m turnover) organisations. Benefits include re baselining the reality of current performance, controlling/ optimising procurement, focussing on problem stock areas and improving working capital outcomes and customer service.
PROSDemand and forecast inputs/ outputs and key planning attributes are all in one convenient UI; dashboard easily highlights demand planners priorities every day; suggested order ui takes the guesswork out of replenishment. For CFO/ Chief Supply Officer the projection modules are invaluable for working cap & capacity planning. Supplier performance and projection take procurement from the mechanical to the strategic over extended time frames.
CONSThere were no shortcoming worth mentioning; all perceived issues were dealt with by optimising use of our core ERP and work practices.
Reason for choosing Netstock
Implementation & recurring costs; speed of implementation; flexibility; "future proof" vis a vis ERP upgrades.
Reasons for switching to Netstock
Netsuite is a great ERP but it's S&OP functionality was not capable of optimising our situations.
Vendor Response
Thanks for the great review - and so pleased to see you are seeing the benefits that our solution is designed to provide
Replied September 2020
Justin
Consumer Electronics, 11-50 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed September 2022
Soundvision Technologies
Overall experience has been great. It has been an immense asset to our company and my personal workflow.
PROSIt 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.
CONSI 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.
Reason for choosing 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.
Vendor Response
Thanks for the review Justin - we will definitely look into your suggestion for continual improvement to the system
Replied September 2022
Prasad
Wholesale, 11-50 employees
Used daily for less than 12 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed November 2020
Excellent Solution for Inventory Management
An excellent Inventory Management solution!!!
PROSIt'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.
CONSMaybe, 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.
Reason for choosing Netstock
As Netstock was more focused on Inventory Management than Phocas did.
Vendor Response
Thanks for the great review Prasad. We are very proud of our Dashboard which seems to be a big hit with our customers
Replied November 2020
James
Consumer Goods, 51-200 employees
Used daily for more than 2 years
OVERALL RATING:
4
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
4
FUNCTIONALITY
5
Reviewed October 2022
Netstock Review
The customizable policy overrides and ease-of-use for configuration settings have been valuable in getting us towards where we want to be.
CONSThere 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).
Reason for choosing Netstock
Data visibility
Reasons for switching to Netstock
Customer service issues, outdated software
Marius
Business Supplies and Equipment, 51-200 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed August 2023
A Game-Changer in Demand Planning: Four Years with an Exceptional Software
One of the most impressive outcomes of using NetStock has been the remarkable improvement in our fill rates. By having a clear understanding of demand patterns and leveraging the software's insights, we've been able to consistently meet customer demands and exceed their expectations.
PROSFor 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.
CONSThe main drawback encountered when utilizing NetStock revolves around the extended duration required for refreshing and importing data from our primary ERP software.
Vendor Response
So pleased to hear that you are also seeing such great results with our app. Thanks for the great review!
Replied August 2023
Katarzyna
Wholesale, 11-50 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed August 2023
Netstock 08.23
I am amazed actaully how helpful Netstock is
PROSEasy to use and dashboards are created to make this easier even more
CONSI would say price is the only issue. It could be slighlty cheaper
Reason for choosing Netstock
n/a
Vendor Response
Thanks for the review Katarzyna! Our dashboards are definitely a big hit with our customers
Replied August 2023
Christopher
Food & Beverages, 51-200 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed February 2020
An Absolute Must
We now have a robust inventory management process that does not rely on excel, and we have confidence in the recommended order output. We have automated the process and are saving time. We have reduced our working capital by trusting their safety stock formula and maintain exceptional levels of product availability.
PROSThe 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
CONSThe 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
Thomas
Tobacco, 201-500 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed March 2023
Ordering would be much more stressful if it wasn't for SIA!
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!
CONSThat we don't have the IT team here to support the integration into our other platforms
Vendor Response
Thanks for the great review Thomas!
Replied March 2023
Johann
Retail, 1,001-5,000 employees
Used weekly for more than 2 years
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
3
FUNCTIONALITY
4
Reviewed April 2020
Netstock Forecasting Tool
The biggest output that I resolve is to determine the following: 1. Orders for the suppliers. 2. Stock holding levels - Excess stock 3. Identifying the critical stock not available. 4. Last nut not the least - is visibility.
PROS1. The Dash Boards is the best as you van get a quick overview of the current status. 2. It is easy to use the product and show it to a total stranger to the product. 3. The integration into the business was extremely easy.
CONSNot really anything that comes to mind. There is still functionality that I do not use after more than 3 years.
Reason for choosing Netstock
Yes - Always
Vendor Response
Thanks, Johann for the awesome review. It's great to see that you are seeing such great benefits from our App. Regards Ann
Replied April 2020