Netstock Predictor IA (Inventory Advisor)
Dashboard
Customers gain full visibility into their inventory KPIs on a single dashboard. Allowing them to focus on business-critical items and align demand and supply.
KPIs on the dashboard include:
- Stock holding
- Excess stock
- Surplus stock
- Fill rate
- Stock-outs
- Potential stock-outs
Forecasting
Our robust ML-based Pivot Forecasting® engine provides the same forecasting power as inventory planning systems built for enterprise organizations. Pivot Forecasting injects predictability into your planning process, helping to predict future scenarios and outcomes around supply and demand.
You can forecast by:
- Product, group, sales channel, and by key customer
- Top-down, bottom-up, and middle-out
- Weekly or monthly
- Adjust forecasts based on past and future promotions and events
Inventory classification and optimization
Automatically classify items, to order the right quantities of the right products Inventory policy modeling & risk analysis Scenario comparisons Advance forecasting capability to reduce stock-outs Generate recommended purchase orders, production work orders, and distribution plans to resupply and restock inventory across your network
Executive Dashboard
The Executive dashboard offers executive teams a high-level performance overview of inventory and ordering key performance indicators (KPIs) and overall sales. View overall business performance across multiple or all locations. View inventory, sales, and ordering KPIs individually and in a summary view. Visibility of historical KPI data compared to current KPI summary to understand current performance vs. past performance
Netstock’s AI driven digital assistant - Opportunity Engine
The Opportunity Engine is an intelligent value-add within Netstock that leverages the power of artificial intelligence and machine learning algorithms. By analyzing historical data, and other relevant factors, the Opportunity Engine provides demand planners with actionable insights and recommendations to optimize inventory levels and drive operational excellence.
Predictive Demand Insights: Forecasts future demand, enabling proactive inventory management to prevent stock-outs or excess inventory. Smart Recommendations allow you to optimize inventory for the right products in the right quantities at the right time.
Automated Replenishment: The Opportunity Engine eliminates manual calculations and time-consuming processes by automating replenishment recommendations in real-time. This ensures optimized inventory, smooth supply chain operations, and improved customer satisfaction through AI and predictive analytics.
Custom Report Builder
Easily create custom reports in just four simple steps! This additional functionality allows users to generate tailored .xlsx reports quickly, delivering essential insights for your business's day-to-day operations. The Report Builder will empower users to create instance-specific or private reports (ad-hoc or batch scheduled), add filters, and define sorting criteria.
The five report types available:
- Stock by location
- Open sales orders
- Open purchase orders
- Closed purchase orders
- Projected orders
Netstock Excess Redistribution
Multidimensional approach 1 to many & many to 1 Prioritise source & destination locations for improved transfer efficiency Order transactions can be updated to transfers in the ERP system