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The Inventory Mentor

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NETSTOCK Inventory Replenishment App

Visit NETSTOCK at SuiteWorld17 this week!

The NETSTOCK team is excited to be at SuiteWorld17, the annual NetSuite user conference for customers, partners, media and industry analysts. We’re on the show floor at the Sands Expo & Convention Center in Las... Read More

Inventory management tools increase productivity

Fighting lagging productivity? Try better inventory management tools

American businesses received some harsh news recently. After continued growth following the worst of the recession, American workers saw a decrease in productivity in 2016, the first such decrease since 2009. Even with increased automation,... Read More

Learn more about NETSTOCK at Acumatica Summit 2017

The NETSTOCK team is proud to announce we are a Gold Sponsor at Acumatica Summit 2017. We’ll be at the event talking to users, prospects, and VARs about our cloud-based inventory optimization app, which seamlessly... Read More

Tips for inventory optimization and ERP implementation

The team here at NETSTOCK has decades of combined experience in the ERP space. And because our inventory optimization app connects with a multitude of the best ERPs on the market, we sometimes do some... Read More

I have an ABC analysis. Now what?

In our previous blog posts, we looked why you should classify your products into ABC and how exactly to do that. So now that you’ve learned more about the benefits of classification, the next logical... Read More

Seven reasons why stock-outs are hurting your profitability

Are you aware of how lost sales impact the profitability of your business? Is this issue apparent to the whole team? Your profitability is influenced by more than just the very obvious loss of the... Read More

My forecasting formula keeps getting it wrong

We often meet inventory planners who have tried other inventory technologies and forecast engines. Despite the bold claims these other applications tout, many planners have found them to be unhelpful and even downright incorrect. Given... Read More

The five advantages of an effective ABC analysis

In the previous post in this series, we showed you what you can do with an effective ABC analysis. In this post, we will show you the five most important advantages of using a good... Read More

What your customers go through when you stock-out

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. A customer’s expectations... Read More

What is a stock-out, and what happens when it occurs?

Stock-outs are commonly reported as the biggest single concern to businesses that supply customers with stock. Every time a customer requests to buy a product that’s stocked-out, there’s a good chance they’ll end up unhappy... Read More