Case Study

Cut-n-Weld improves inventory KPIs with Netstock Professional Services

Cut-n-Weld improves inventory KPIs with Netstock Professional Services

Pages 5 Pages

Cut-n-Weld, a South African import and distribution company specializing in cutting and welding consumables, utilized Netstock Professional Services to enhance inventory management. Starting in October 2020, Cut-n-Weld faced challenges with fragmented forecasting, frequent stock-outs, and excess inventory. By engaging Netstock's Professional Services, they streamlined processes, improved supplier relationships, and optimized inventory management. As a result, they reduced excess inventory by over R1 million, decreased stock-outs by 39%, and boosted their fill rate from 77.7% to 86.6%. Forecasting accuracy improved significantly, cutting forecast preparation time from days to hours, and capital was unlocked for business expansion.

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