Optimise your Inventory Management
Building upon MYOB Exo’s standard stock functionality, NETSTOCK gives you access to advanced inventory management, forecasting, monitoring, reporting tools and more.
One of the most frustrating things for any business is seeing capital sitting in a warehouse unsold. But thanks to NETSTOCK, it doesn’t need to be that way any more. Release working capital and reduce excess inventory.
NETSTOCK provides you with a simple and effective means to reduce stock-outs and increase overall sales.
The Smart Way to Improve Stock Management
Affordable. Cloud-based. Intelligent. NETSTOCK is a simple yet sophisticated tool for optimising stock – taking EXO’s stock functionality to brand new heights.
With NETSTOCK, your business stock and sales data is fed directly from EXO, which means you can enjoy powerful new stock capabilities – from complex forecasting and monitoring, to advanced reporting tools. And with its series of sophisticated management tools, your business and stock are connected like never before. Reduce excess inventory, free up working capital, optimise order purchasing and increase revenue – all with NETSTOCK.
NETSTOCK’s intuitive dashboard design provides you with detailed insight into your inventory. Gain complete control of your stock: view and analyse, decide and act. See which areas require your attention and make informed business decisions. This results increased profits, reduced costs, and improved productivity. And being web-based means NETSTOCK is accessible from any internet-based device, anytime, anywhere.
Minimising Excess Inventory
Is your stock situation in chaos? Is your stock all over the place?
The last thing your business needs is a cash flow crisis, which is why you need to do everything in your power to stop one from occurring. And the best way to avoid one is by reducing excess stock or you could be left with all your working capital tied to dead stock.
Not only that, it’s also a major cost:
> Handling Costs
> Storage Costs
> Operations Administration Costs
> General Administration Costs
> Depreciation of Value
> And much more
Having the Right Inventory Matters.
When it comes to customers, keeping them is much easier and cheaper than finding new ones. This is always the case. And providing great service on items that they want is one of the best ways to keep customers happy and loyal. That’s why having the right inventory matters and that’s why having the items they want in stock will improve your sales dramatically.
Stock sitting in the warehouse simply ties up your cash and doesn’t help to generate any revenue. It actually costs to have stock. Optimising stock processes stops this by helping you order stock that actually sells. The impact this can have on your business is profound.
When someone wants to buy an item from your business and that item is out of stock, several negative things can happen:
- You miss out on a sales opportunity.
- The customer will purchase the item from your competition.
- If the customer has a positive experience with your competitor, you lose their loyalty towards you.
What NETSTOCK Customers Are Saying
“In the first 6 months, we had a 14% increase in stock availability and a 38% increase in sales with just a 16% increase in focused investment.”
Medshop (Medical Supplies)
“Having the right stock in the right place has enabled us at Total Eden to grow by over 16% per annum for the last 2 years!”
“I love working with NETSTOCK! The more I work with the product, the more I can see how we’ll be able to make better decisions and improve how we do business”
Find out more about NETSTOCK
Discover the advantages NETSTOCK can have on your business: