Case Study

Medshop Australia improves the health of their inventory with NETSTOCK

Medshop Australia improves the health of their inventory with NETSTOCK

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NETSTOCK www.netstock.co Medshop is a leading provider of medical supplies to the Australian and Pacific Island region. With a number of warehouses and thousands of products, ranging from low value consumables through to high-end hospital diagnostic equipment, Medshop strives to satisfy customer demands without overstocking. SAFETY STOCK IS THE KEY Achieving the holy grail of inventory management – the magical balance of minimal inventory while meeting variable customer demand in the face of unreliable supply – is only possible with optimal safety stock levels. “By monitoring how well we forecast a product and how reliable the supply is, NETSTOCK dynamically adjusts the level of safety stock required” explains Steven Cumper, director of Medshop Australia. “For items more likely t

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