Netstock vs. Valogix Inventory Planner

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

Valogix is a good tool for a mid to large sized business who has a lot of SKUs and much data that needs to be analyzed to determine supply. It is best used by savvy people, as there is quite a learning curve to it. It integrates well with NetSuite, though I cannot speak to how well it may integrate with other ERP systems.

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.

• Calculates how much it thinks you should have on-hand, based on demand and other factors.
• Integrates with NetSuite to include all your demand, supply, item and location data.
• Automatically determines seasonality for items.

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.

• The UI for their product (web application) is weak.
• Does not support multiple units of measure well.

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

Compared to NetSuite's default demand planning module, Valogix shines. NetSuite's product is very weak, very manually-driven, and does not provide the precise level of control that Valogix does. We used NetSuite's module for a while before realizing it wouldn't work for us whatsoever. It might work for you if you have a simple product setup, few SKUs and only one location. But in that case, you probably don't need demand planning software anyway.

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

• It has begun to reduce time for us taken up by running manual spreadsheet calculations.
• The training was time-consuming and difficult to onboard new users when we had turnover.

Incentivized