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What your customers go through when you stock-out

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The general rule of thumb is gaining a new customer is more expensive than keeping an existing customer. Losing a customer hurts sales today while shrinking the company’s growth potential going forward. Read More

What is a stock-out and what happens when it occurs? [Updated]

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Having excess inventory robs you from investing cash in other areas of your business, but a stock-out of inventory is even a more significant issue. In today's instant economy, instant gratification is expected and customer loyalty is hard to get... Read More

The Internet is killing my business

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The traditional supply chain setup 20 years ago was so much easier to understand. Businesses had connections that supplied goods and they had customers that wanted to buy their stuff. The main duty of inventory planner was relatively simple: buy the... Read More

How to create an effective ABC analysis to optimally manage inventory

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Classifying stock items will allow demand planners to focus their efforts and allocate resources on the most significant items in their inventory. Read More

The evolution of your inventory planning solution

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We regularly meet inventory planners who have created their own solution for inventory planning in their business. Most commonly, planners use some combination of data extracts, spreadsheets, and a form of calculations or pivots. Read More

Does your ERP handle inventory planning?

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When talking inventory planning, we often get some version of this basic question: Read More

Does your inventory need an ABC analysis?

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Every day, we talk to people who manage inventory or are a C-level executive in their company who don’t know how to better manage their inventory. They frequently don’t even know where to start. Read More

Your inventory spreadsheet is outdated

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One of the daily can’t-miss shows in American media is Marketplace. It’s an absolute staple for both macro and micro analysis of the current financial and business climate, thanks in part to its likeable host, Kai Ryssdal -- who has a great name, by... Read More

NETSTOCK at Sage Summit 2016

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Our crew here at NETSTOCK just wrapped up a successful and busy Sage Summit 2016. As many of you know, we go to market as Sage Inventory Advisor in the Sage Software world, delivering affordable inventory optimization by coupling with a wide variety... Read More

Moving on from your inventory spreadsheet

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We’ve covered the hidden costs, the data issues, the unforeseen complexities, and the workplace challenges that are directly related to managing your inventory on a spreadsheet. But the question remains: what are the other options? Read More