Netstock vs. RELEX Solutions

Based on our experience qith Netstock, there is no more excuses to stick with old, inefficient methods to manage and optimize inventory and purchasing. For us, Netstock pays itself and then some with all the time and guesswork we save. Nowadays, technology solutions are a must to stay ahead of the competition.

Incentivized

Relex can provide accurate forecasting for products with a year or more of sales history. However, forecasts for new products tend to be inaccurate.

Incentivized

• 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.

• Forecasting
• Supplier selection
• Easy to use interface

Incentivized

• Supersession designation of item by region - Each market is different, having the ability to assign a supersession item specific to each mark would be nice feature
• User report creation, ability to create custom reports utilizing existing fields within the Netstock environment without the need to approach Netstock and have the ability to schedule the report creation. (Similar to Analytics functionality)
• Option to be able to view all "AI" opportunities for a given location with a single click, currently you need to click one by one to see all the opportunities.
• Ability to limit comment creation based on user permission, currently regardless of the read of write permission a user can apply their comments to all locations by selecting the "To all locations" check box.

• Feedback on reported issues
• Ease of making changes to business rules
• Promotions forecasting

Incentivized

Requests are always resolved, but it sometimes take long than it should take.

Incentivized

i didnt shop around because Netstock had what we needed and it was going to work well with our old and our new accounting systems.

Incentivized

The process is currently being evaluated and I'm unable to provide an accurate comparison at this stage.

Incentivized

• 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

• Positive - Reduced "bad" stock by reducing inventory
• Positive - Accurate supplier selection

Incentivized