Netstock Reviews
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62 Reviews
- Industry: Wholesale
- Company size: 11–50 Employees
- Used Daily for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Was exactly what I was after...
Reviewed on 2020/03/31
The implementation of Netstock was seamless and the online support has been nothing but suburb. It...
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.
- Industry: Consumer Goods
- Company size: 51–200 Employees
- Used Daily for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
NetStock Review
Reviewed on 2023/08/07
Experience has been really good. Service is outstanding and it was a really good business fit for...
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.
Reasons for Choosing Netstock
NetStock offered a better solution and more reporting capabilities which was a requirement for us along with seamless integration into our ERP systemReasons for Switching to Netstock
good value for money along with the integration and reporting capabilities made the decision to go with NetStock easier.Response from Netstock
Thanks you Stephen for such a great, in-depth review. Pleased to see that you are seeing good results
- Industry: Wholesale
- Company size: 11–50 Employees
- Used Daily for 6-12 months
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Review Source
Overall rating
- Ease of Use
- Customer Support
- Likelihood to recommend 6.0 /10
Netstock Review
Reviewed on 2024/05/29
So far, it's been pretty good. [sensitive content hidden] was great with my onboarding and the...
So far, it's been pretty good. [sensitive content hidden] was great with my onboarding and the learning modules were good too.
Easy integration with Sage.
Pros
Forecasting, purchase order creation, data quality checks, enquiry screen, lead time calculation, safety stock calculation
I also like that I could add vendors at my pace - so I started small and increased as my confidences and knowledge increased
Cons
Inability to move from one item to the next (with like an arrow) function. Not being able to add days to the policy overrides. Vendor report cards would also be nice. More learning modules after the on boarding would be nice.
Response from Netstock
Thanks for the review Paula and for the feedback - this all helps us to improve our product functionality
- Industry: Building Materials
- Company size: 201–500 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Netstock Review
Reviewed on 2024/06/14
Overall, great/valuable enhancement to our ERP system.
Overall, great/valuable enhancement to our ERP system.
Pros
The ease of the exports is great. We use much of the Netstock info in combination with our regular ERP to create early buy presentations.
Cons
I really wish the TTM month sales data could be viewed at item level when exporting a particular Warehouses data in excel. Currently, the only way I know how to view TTM month sales data is click on each individual item and view it on the item's tile.
Response from Netstock
Thanks for the review Nate
- Industry: Retail
- Company size: 501–1,000 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Netstock Overview
Reviewed on 2024/07/14
Overall, my experience with Netstock was largely positive, with significant improvements in...
Overall, my experience with Netstock was largely positive, with significant improvements in inventory management and operational efficiency. Despite a few challenges, the benefits and features of the software made it a valuable tool for managing inventory effectively.
Pros
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.
Cons
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.
Response from Netstock
Thanks for the review Shonika
- Industry: Retail
- Company size: 501–1,000 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Streamlining Inventory through Demand Planning & Forecasting
Reviewed on 2024/07/26
The experience with Netstock is transformative for the company. What began as a quest to improve...
The experience with Netstock is transformative for the company. What began as a quest to improve inventory management quickly becomes a catalyst for operational excellence, cost savings, and enhanced customer satisfaction. By harnessing the power of data and advanced forecasting techniques, the business not only achieves its immediate goals but also lays a solid foundation for sustainable growth in a competitive market.
Pros
More accurate forecasts, optimized inventory levels, cost savings, improved customer service, and streamlined operations, ultimately contributing to overall business efficiency and profitability.
Cons
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.
- Industry: Consumer Goods
- Company size: 51–200 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
The benefits of using Netstock
Reviewed on 2024/07/12
Netstock helps us in having the right amount of stock in place, on the required dates.
Whenever...
Netstock helps us in having the right amount of stock in place, on the required dates.
Whenever questions are raised, the consultants answer rapidly, which is really appreciated.
Pros
Netstock provides a customer friendly lay-out, delivers a great job on forecasting, taking all kinds of factors into account, like seasonality.
It also has a dynamic daily safety stock calculation.
Furthermore, our assortment is analysed in the Classification Matrix, which offers a clinical possibility to de-range products that don't contribute that well to velocity and margin.
Cons
In our situation it's not possible to have a correction in place regarding out-of-stock positions (I'm not sure if this is Netstock related or the way Netstock has been implemented for us).
Response from Netstock
Thanks for the grat review Frank. Someone from our CS team will reach out to look into your settings and see if we can assist with your query
- Industry: Farming
- Company size: 11–50 Employees
- Used Daily for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Best way to manage buying!
Reviewed on 2024/05/28
Amazing setup from the Netstock team. Clear communication and a great product
Amazing setup from the Netstock team. Clear communication and a great product
Pros
Being able to manage buying and keep stock of the right things. We don't overbuy things we don't need anymore!
Cons
Some complicated things to learn up front. The need to get other members of the company on the same page.
Response from Netstock
Thanks for the review John - much appreciated. And if you want a hand in getting all your members on the same page please do not hesitate to contact your Customer Success Consultant
- Industry: Security & Investigations
- Company size: 51–200 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Ease of Use
- Likelihood to recommend 10.0 /10
Helpful Tool for Supply Chain Management
Reviewed on 2024/07/15
Pros
Makes our daily ordering easier than what is previously was
Cons
Our back end team is based in a different time zone, making it difficult when the reporting doesn't refresh overnight
- Industry: Wholesale
- Company size: 11–50 Employees
- Used Daily for 1+ year
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Simple and just getting better over time
Reviewed on 2024/07/12
I've really enjoyed working with Netstock to date since it puts key metrics for demand and...
I've really enjoyed working with Netstock to date since it puts key metrics for demand and inventory planing at your fingerttips, whether you are in the office or on the road.
Pros
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.
Cons
There is little customization possible and the support documentation can be basic at times.
Response from Netstock
Thanks for the great review Frederic! Pleased to hear that you enjoy working with the app and you are seeing success
- Industry: Maritime
- Company size: 51–200 Employees
- Used Daily for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 7.0 /10
Purchasings best friend
Reviewed on 2024/06/13
Overall Netstock has been a useful tool to help with the purchasing process.
Overall Netstock has been a useful tool to help with the purchasing process.
Pros
My favorite tool on Netstock is the BOM. This helps me see where the part goes and what part has the greatest demand. I also like seeing the recommended order amounts and the model stock holdings.
Cons
I dislike that it doesn't take blank orders into effect.
- Industry: Business Supplies & Equipment
- Company size: 51–200 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
A Game-Changer in Demand Planning: Four Years with an Exceptional Software
Reviewed on 2023/08/23
One of the most impressive outcomes of using NetStock has been the remarkable improvement in our...
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.
Pros
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.
Cons
The main drawback encountered when utilizing NetStock revolves around the extended duration required for refreshing and importing data from our primary ERP software.
Response from Netstock
So pleased to hear that you are also seeing such great results with our app. Thanks for the great review!
- Industry: Consumer Goods
- Company size: 11–50 Employees
- Used Daily for 1+ year
-
Review Source
Overall rating
- Ease of Use
- Customer Support
- Likelihood to recommend 7.0 /10
Why Choose Netstock?
Reviewed on 2024/05/28
Pros
Overall, layout is great, I can see everything on dashboard at once for easy inventory management. Many very helpful features.
Cons
Not completely customizable like I wanted it to be.
- Industry: Chemicals
- Company size: 51–200 Employees
- Used Daily for 1+ year
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Review Source
Overall rating
- Ease of Use
- Likelihood to recommend 10.0 /10
Netstock - Demand Planning
Reviewed on 2024/07/12
Pros
Best demand planning software that I've used to date.
Cons
Some of the users have voiced their preferences for live updates
Response from Netstock
Thanks for the review Jonathan - ive asked our CS team to reach out to discuss the live updates that you refer to
- Industry: Cosmetics
- Company size: 11–50 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Demand Planning Reveiw
Reviewed on 2024/01/31
Easy to use now i'm very experience.
Good layout easy to read quickly
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
- Industry: Wholesale
- Company size: 11–50 Employees
- Used Daily for 1+ year
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Netstock 08.23
Reviewed on 2023/08/09
I am amazed actaully how helpful Netstock is
I am amazed actaully how helpful Netstock is
Pros
Easy to use and dashboards are created to make this easier even more
Cons
I would say price is the only issue. It could be slighlty cheaper
Response from Netstock
Thanks for the review Katarzyna! Our dashboards are definitely a big hit with our customers
- Industry: Packaging & Containers
- Company size: 11–50 Employees
- Used Daily for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 5.0 /10
Netstock after 9 months
Reviewed on 2023/07/26
Overall experience is good.
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.
- Industry: Information Technology & Services
- Company size: 201–500 Employees
- Used Monthly for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Clear instructions and interface
Reviewed on 2024/05/28
Pros
The ease of access with in-app walk-throughs of the various functions. It made learning and mastering its uses very intuitive.
Cons
UI on the homepage is a bit crowded but you get used to it quickly.
Response from Netstock
Thanks for the review and feedback Sarah
- Industry: Tobacco
- Company size: 201–500 Employees
- Used Daily for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Ordering would be much more stressful if it wasn't for SIA!
Reviewed on 2023/03/24
Pros
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!
Cons
That we don't have the IT team here to support the integration into our other platforms
Response from Netstock
Thanks for the great review Thomas!
- Industry: Sporting Goods
- Company size: 11–50 Employees
- Used Daily for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Excellent software with great support
Reviewed on 2023/02/24
Pros
Setup process was very quick and easy and the onboarding period was very helpful Creates a robust demand/supply process without need for spreadsheetsSaves lots of timeSupport staff are excellent, quick to respond and always find good solutions to different situations that arise
Cons
Some more advance features seen in other software not present
Response from Netstock
Thanks for the review James. In terms of adding more advanced features have you seen our new Pivot Forecasting module? - I think you will be super impressed :-)
- Industry: Construction
- Company size: 51–200 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Amazing software
Reviewed on 2023/02/24
It is very easy now to predict sales levels based on the previous year's data.
It is very easy now to predict sales levels based on the previous year's data.
Pros
Easy access and a very good training program.
Cons
The integration passed as smoothly as possible. No issues
Response from Netstock
Thanks for the great review Darren
- Industry: Wholesale
- Company size: 11–50 Employees
- Used Daily for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
netstock 2023 review
Reviewed on 2023/01/24
With supplier performance, we work with them to find the issues, if any, to better plan our needs....
With supplier performance, we work with them to find the issues, if any, to better plan our needs. This is a win win sitsution for both of us. Nestock has been a valuable tool to ensure we are able to meet the imediate and future clients needs. This is key for any business to survive and grow .
Pros
The Dashboard addresses, at one glance the most important tasks to address . The downloadable reports are easily shared with suppliers for open po, future orders. This helps supplier to ensure goods are available at needed time line.
Cons
Sometimes the future forecasts are off but we have noted that this happens for slower movers and seasonal needs. We monitor needs closer when this happens and with time and past data,NETSTOCK learn better.
- Industry: Construction
- Company size: 51–200 Employees
- Used Daily for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
Netstock Review
Reviewed on 2023/02/24
A very useful system, cant imagine what work would be like without it
A very useful system, cant imagine what work would be like without it
Pros
Ease of useClear forecasting functionalityEasy to amend forecasts and tailor to suit own needs
Cons
The search function needs to be able to find items without being so accurate
- Industry: Consumer Goods
- Company size: 1,001–5,000 Employees
- Used Daily for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
FMCG(Fast Moving Consumer Goods) Industry User experience
Reviewed on 2023/02/17
Very happy, as someone looking to further my career more into procurement. Would recommend to peers
Very happy, as someone looking to further my career more into procurement. Would recommend to peers
Pros
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
Cons
Initial exposure was a bit overwhelming with all the information presented but that is nothing some training couldn't fix
Response from Netstock
Thanks for the great review Nathan.
- Industry: Construction
- Company size: 51–200 Employees
- Used Daily for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Netstock review
Reviewed on 2023/02/17
Pros
I love the ability to forecasting and set up safety stock numbers. The ability of leaving comments under each item
Cons
Can't see the customer name only a code number.
Response from Netstock
Thanks for the review Ana. Your customer success person will be in touch regarding visibility of the Customer name