Netstock

RATING:

4.9

(51)

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 cu...

Awards and Recognition

FrontRunner 2021
Software Advice's FrontRunners report ranks top products based on user reviews, which helps businesses find the right software.

Netstock Pricing

Netstock is available to companies on a monthly subscription and our pricing is based on your inventory value.

Free trial: 

Not Available

Free version: 

Not Available

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.
Slide 1 of 6

Netstock Reviews

Overall Rating

4.9

Ratings Breakdown

Secondary Ratings

Ease-of-use

5

Customer Support

5

Value for money

5

Functionality

4.5

Most Helpful Reviews for Netstock

1 - 5 of 51 Reviews

User Profile

Steve

Verified reviewer

Wholesale, 11-50 employees

Used daily for less than 2 years

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

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.

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.

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

Review Source: Capterra

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.

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.

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

Review Source: Capterra

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.

PROS

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

CONS

There isn't much flexibility without extra costs.

richard

Cosmetics, 11-50 employees

Used daily for more than 2 years

Review Source: Capterra

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

PROS

its help me stay in stock and not over stocked

CONS

Reports Need more detailed reports in a simple format

Anonymous

2-10 employees

Used daily for more than 2 years

Review Source: Capterra

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.

PROS

Demand 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.

CONS

There 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