Bridging the technology gap: ERP and Netstock

Today it is harder to predict dynamic demand and keep ahead of supply chain disruptions. Netstock provides the inventory optimisation tools and predictive intelligence on top of your ERP solution.Netstock can help you with these common inventory challenges:

• Too much of the wrong inventory.
• Too little of the right inventory.
• Difficult and time-consuming line item forecasting
• Risks associated with manual spreadsheets.

What is Netstock?

Netstock is your AI-powered inventory expert, cloud-based and trusted by over 2,400 customers globally. It optimises inventory management and demand planning by turning complex data into clear, actionable steps. What's more, it can help you solve specific problems and improve results, which in turn saves you time to focus on what matters most. 

ERP software such as Sage 200 and Sage X3 can tell you how much inventory you have, where it’s located, what’s inbound, what’s outbound, and what’s being manufactured.

With Netstock added, you can visually see the predictive insights and advanced notifications of potential issues. 

Quickly see an overview of the capabilities in action in this short video. 

How does Netstock go beyond your ERP? 

• ERPs are not designed to track, measure, or report on item-level fill rate; however, with Netstock you can set the desired service level/fill rates.
• Dynamically, it will increase the safety stock for items with unreliable supply and volatile demand profiles.
• It will automatically generate a rolling 365-day future projection for each item in each location. So, as a user, you know how to order and when to order.
• Uses an inventory-specific forecasting method to auto-fit the best model for each item, as well as providing visibility for seasonality and slow-moving items. 
• With a built-in exception management dashboard, it helps you find those hard-to-plan items and enables you to implement a unique rule for how those items should be treated again.
• It imports the BOM structures from the ERP, and demand for components is planned based on the sales forecast of the finished goods.
• Your existing Sage ERP will not have built-in targets; however, Netstock provides the key supply chain metrics for your business.
• From item-level stock projection to group-level margin projection, all the key metrics are standard within Predictor IA and available when you need them. Helping you to get ahead of your competitors. 

Find out more

View the Netstock brochure to see a breakdown of the key features and benefits. Contact CPiO if you are looking to find out how to get started with your Sage X3 or Sage 200 ERP software.