NETSTOCK - the best planning system I have ever worked with in my 20+ years of SCM
What do you like best?
We wanted more visibility up and down the product value chain, and that is what we got. NETSTOCK also addressed our most important challenge, namely BOM demand drill-downs, especially when different unit of measures are in play.
What do you dislike?
Our past demand is a bit difficult to figure out, so NETSTOCK has a tendency to give us a flat forecast. They are coming up with new and better ideas as to how to have this be less manual intervention for us - but, I feel that if we were able to manually override past demand, this will allow for manual intervention of the future forecasts.
Also, I wish that they had a capacity planning module (though I do understand that this is a very tall order).
Recommendations to others considering the product:
We have found a lot of value in the available add on modules, especially the stock projections module. This module has proven valuable, especially in the current COVID climate, where there is a lot of instability in demand and supply.
And the cherry on top, NETSTOCK does not charge on a per-user basis, and this definitely encouraged adoption and process improvements across the business. They encourage and allow everyone in the business to either use the tool or have it as a resource, if needed.
In addition - it is clear that the NETSTOCK coders have a strong understanding of supply chain needs and technical expertise and consequently can address issues more efficiently.
What problems are you solving with the product? What benefits have you realized?
NETSTOCK recognizes that you can't look at every single item every day, so it focuses on the most important items. The dashboard gives you that high-level view of total stock holding, excess stock, stock-outs, and potential stock-outs. We can quickly see where the pain points are and what action we need to take.
