IBM Planning Analytics vs. Netstock

Ideal for large organization with complex multi-dimensional data, large budgets and dedicated administrator support. The performance of the TM1 data base is unmatched. The PAW and PAX options providing planners to work in both Excel and workspace environment. Higher Implementation efforts due to the greenfield implementations. Visualization features are not up to the mark.

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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.

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• Handle very large data volumes.
• Scale to a large number of users.
• Not having to compromise on business complexity.
• It can be run by business users.
• Availability of highly qualified consultants to support businesses.
• REST API allows for an open eco system and a variety of solutions to extend the product.
• Vast integration possibilities.
• AI-infused engine with IBM Watson.

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• 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.

• sometimes it is hard to produce pixel perfect reports from the Web UI. I know it is not made for this, but still, it'll be great
• getting in e.g. an Excel file just by drag and drop, and the AI should "understand" what the data is all around

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• 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.

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Since IBM Cognos Express is suitable only for medium data warehouse environment, we are not sure if this tool solves the long term need as the business keeps growing rapidly. So its a 50/50 ratio to renew Express license. But having said that, the components of IBM Cognos Express are also available in other Cognos BI suites like Cognos 10.x version. So we will probably upgrade our environment to IBM Cognos 10.x which comes with more new features.

IBM Planning Analytics is generally good in terms of functionalities. It can be used reduce time for budget planning, resource planning, demand forecasting, etc. The performance of IBM Planning Analytics is acceptable, but user interface can be improved. It would be good to see new features that allow users to customise the dashboard.

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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

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Independently Invited by TrustRadius

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IBM support has been very quick to respond and handle the very few issues we've had. We've had a third-party who partners with IBM to be our consulting team which has helped greatly reduce the need for us to contact IBM directly. I highly recommend researching and selecting a well-respected partner to help with an implementation as well as ongoing support as needed.

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For strong technical teams and flexibility IBM Planning Analytics is the way to go. For quicker adoption and less technical teams Anaplan is the best option. If consolidation, financials, and moving from legacy tools are main focus than OneStream will be a really good choice. If deeply invested into SAP already than the SAP BPC will be the best fit to maintain the investment.

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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

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Independently Invited by TrustRadius

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• Automate direct data connections to multiple data sources
• One secured version of the the truth (for data and formulas)
• Ability to scale to much more detailed planning with option to create predictive forecasts at detail
• Business user friendly with powerful Excel integration
• Very flexible and powerful modeling, can handle custom modeling needs at scale
• Can make the same data available across finance and ops, but at the level of details and timeline that makes sense for them

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• 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

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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