D&B Risk Analytics vs. Netstock

Great for vendor risk management and running financial health reports on our supplier base. In addition, our transactional banking team uses the platform (more specifically the Paydex score) to assess obligors and clients for financial health. I think the ESG component of the platform still needs more work. I don't think there's enough data in the industry to really make good predictive scores.

Netstock is brilliant for organizing your data in a readable, visual layout that's easy to understand and use to base decision-making on. For individual items, it's excellent, and there is loads of functionality to manage safety stock and lead times. Where I've seen it struggle a bit is with families of items that share an MOQ; it calculates demand at the individual SKU level and isn't as good at managing it at the family level.

Incentivized

Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

• Robust insight on financial health.
• Continuous monitoring & alerts.
• Predictive measurers that are quantifiable.

• Global visibility , added value for stock assisstance
• Areas that need attention are displayed on the dashboard with option to drill down if required
• With more than 5000 different SKU it is difficult to keep track of all activities related to each SKU, the process is simplified with the help of this tool, everyone has access to the right information.

• Finding the correct entity in D&B. There are usually tons of D&B #s for one entity.
• ESG ratings still need work.
• We are still determining internally what the best practice is for these financial health ratings. What does it mean for us?

• The Family MOQ is not taken into account with the look-forward days within the container builder, so this add-on does not work very well.
• It's not possible to build your own CSV export of reports that you regularly run. The report builder doesn't let you save a set of filters or parameters; it's too basic.

Incentivized

Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

This is one of their strength, Netstock is very easy to use and although it is rigid in its functionalities, that is what is good about it, we could not customise it the way you used to work, it forced us to adapt our processes and the way we work

Incentivized

Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

D&B Risk Analytics contains all information I need to do my job well and has a daily updated scores to reflect the financial situation.

I only used D&B Risk Analytics.

Netstock was much easier to use and that was important for our team as this was a significant digital change in our processes. We had a list of features we wanted and Netstock had more than 90% of them which contributed to the decision to go with this plug and play solution rather than a fully bespoke platform. We also liked that Netstock already had an API with Cin7

Incentivized

Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

• We have had the solution for less than a year, so it is tough to say how much positive/negative impact it has had.
• We are now able to continuously monitor some entities in our supplier base. We were not able to do this before.

• We have vastly reduced the amount of safety stock that we used to hold
• Our stock holding value is within a manageable figure for the size of our business
• We can monitor our poor performing suppliers so we are confident when placing purchase orders

Incentivized

Invited by the Vendor

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info