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    The five advantages of an effective ABC analysis [Updated]

    The five advantages of an effective ABC analysis [Updated]


     In the land of inventory, not all things are equal, and each stock item behaves differently. Determining the difference and classifying these accordingly is the starting point of any successful inventory management system. Let's first define what... Read More

    What your customers go through when you stock-out

    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. Read More

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

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


    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

    The Internet is killing my business


    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

    How to create an effective ABC analysis


    In an earlier post, we discovered that doing an ABC analysis on your inventory is probably a good idea. Not only will you be able to focus your energy on the items that have the biggest impact on your business, but you will also deploy your working... Read More

    The evolution of your inventory planning solution

    The evolution of your inventory planning solution


    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?

    Does your ERP handle inventory planning?


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

    Does your inventory need an ABC analysis?

    Does your inventory need an ABC analysis?


    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

    Your inventory spreadsheet is outdated


    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

    NETSTOCK at Sage Summit 2016


    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