Utilizing the combined Netstock and Acumatica solutions can significantly reduce excess inventory and help SMBs navigate supply chain disruptions, as demonstrated by a customer that cut their excess inventory from $2.7 million to $1.4 million over two years.
More Small- and medium-sized businesses (SMBs) can now access Acumatica’s Marketplace after the company expanded its partnership with predictive supply chain planning software provider Netstock.
Under the expanded partnership, around 10,000 SMBs can access Netstock’s Predictor IBP, an integrated business planning solution now live on the Acumatica Marketplace.
This addition gives SMBs access to supply chain planning features like advanced demand planning and streamlines a business’ coordination through its Sales and Operations Planning (S&OP) feature. It also optimizes inventory and capacity planning for SMB supply chains.
“The addition of Netstock’s IBP solution reflects our commitment to offering customers the most comprehensive and cutting-edge technologies, enabling them to unlock greater value and efficiency across their operations,” said Louisa Gooding, senior business development manager at Acumatica.
This solution can save costs and help SMBs overcome supply chain disruptions. It also helps companies using Acumatica ERP data make smart decisions for supply-chain planning. For example, a customer that adopted the combined Netstock and Acumatica solution reduced excess inventory to $1.4 million from $2.7 million over two years.
“This partnership allows Netstock to extend our reach and deliver seamless, integrated demand and supply planning solutions that empower SMBs to optimize their operations like never before,” said Don Martin, senior vice president of partnerships for Netstock.