Netstock vs Oracle SCM Cloud

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Our analysts compared Netstock vs Oracle SCM Cloud based on data from our 400+ point analysis of Supply Chain Management Software, user reviews and our own crowdsourced data from our free software selection platform.

Product Basics

Netstock is a sophisticated software solution designed to streamline Supply Chain Management tasks, including inventory optimization, demand forecasting, and order planning. It is particularly well-suited for small to medium-sized enterprises seeking to enhance their inventory management efficiency without the complexity of larger, more cumbersome systems. The software offers significant benefits such as reduced stockouts, improved cash flow, and minimized excess inventory, which collectively contribute to a more agile and responsive supply chain.

Popular features include intuitive dashboards, real-time analytics, and automated replenishment recommendations, all of which empower users to make data-driven decisions. Users often praise its user-friendly interface and seamless integration with existing ERP systems, which simplifies the implementation process. Compared to similar products, Netstock is frequently noted for its affordability and ease of use, making it an attractive option for businesses looking to optimize their supply chain operations without a steep learning curve.

Pricing details for Netstock are not readily available, and it is recommended that users contact SelectHub for a customized pricing quote based on their specific requirements. This ensures that businesses receive a tailored solution that aligns with their unique operational needs and budget constraints.

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Oracle SCM Cloud is a cloud-based supply chain management (SCM) solution designed to help businesses manage their inventories, orders, and logistics more efficiently. It offers a comprehensive suite of features, including procurement, inventory management, warehouse management, order management, and transportation management. Oracle SCM Cloud is best suited for mid-size to large businesses with complex supply chains. It is a scalable and flexible solution that can be customized to meet the specific needs of each business. Some of the important benefits of using Oracle SCM Cloud include improved visibility into supply chain operations, increased agility, reduced costs, and improved customer service. Popular features of Oracle SCM Cloud include its advanced analytics capabilities, its ability to integrate with other Oracle applications, and its user-friendly interface. User reviews of Oracle SCM Cloud are generally positive, with users praising its comprehensive feature set, scalability, and ease of use. However, some users have reported that the solution can be expensive and complex to implement. Pricing for Oracle SCM Cloud is based on a subscription model, with the cost per user per month depending on the specific features and modules that are required.

Pros
  • Comprehensive features
  • Scalable and flexible
  • Improved visibility
  • Increased agility
  • Reduced costs
Cons
  • Expensive
  • Complex to implement
  • Steep learning curve
  • Limited customization
  • Integration issues
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$400 Monthly, Quote-based
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$350 Monthly
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Product Assistance

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Product Insights

  • Improved Inventory Accuracy: Netstock reduces the risk of stockouts and overstocking by providing precise inventory forecasts based on historical data and trends.
  • Enhanced Supplier Management: The software streamlines communication with suppliers, ensuring timely deliveries and better negotiation leverage through data-driven insights.
  • Cost Reduction: By optimizing inventory levels, Netstock helps businesses minimize carrying costs and reduce excess inventory, leading to significant cost savings.
  • Increased Efficiency: Automating routine supply chain tasks allows staff to focus on strategic activities, improving overall operational efficiency.
  • Data-Driven Decision Making: Netstock provides actionable analytics and reports, enabling informed decision-making and strategic planning.
  • Demand Forecasting: The software uses advanced algorithms to predict future demand, helping businesses prepare for market fluctuations and seasonal trends.
  • Enhanced Customer Satisfaction: By ensuring product availability and timely delivery, Netstock helps improve customer satisfaction and loyalty.
  • Scalability: Netstock can grow with your business, accommodating increased inventory and more complex supply chain needs as your company expands.
  • Risk Mitigation: The software identifies potential supply chain disruptions and provides contingency plans to mitigate risks.
  • Time Savings: Automating inventory management processes saves time for employees, allowing them to focus on higher-value tasks.
  • Improved Cash Flow: By optimizing inventory levels, Netstock helps free up capital that can be reinvested into other areas of the business.
  • Better Collaboration: The platform facilitates better collaboration between different departments, ensuring everyone is aligned with the supply chain strategy.
  • Environmental Impact: Reducing excess inventory and waste contributes to more sustainable business practices.
  • Real-Time Visibility: Netstock provides real-time insights into inventory levels and supply chain performance, allowing for quick adjustments and proactive management.
  • Compliance and Reporting: The software helps ensure compliance with industry regulations and provides detailed reporting for audits and reviews.
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  • Flexbile Installation: Allows users to choose the components to be installed and the modules required to integrate the full-system into operations to improve supply chain functions. Each component is supported by Oracle’s support guarantee, which provides access to all the support needed, regardless of the selected integration. 
  • Leverage the Cloud: Offers mobile access to important supply chain data to safely back-up critical information while having access from anywhere at any time. 
  • Surpass Goals: Delivers a suite of tools to move supply chain planning and other management practices to a new level. Cut costs, boost productivity throughout the supply chain and gain visibility into important customer service metrics. 
  • Incorportate New Technologies: Includes modern technology like machine learning, AI and blockchain support into regular supply chain operations to get ahead of the curve. 
  • Digitize Supply Chain: Supports digital data exchange to decrease daily operational costs. The supply chain can function quicker with fewer costs without on-site maintenance and older analog file organization systems. 
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  • Inventory Optimization: Advanced algorithms to balance stock levels, reducing excess inventory and avoiding stockouts.
  • Demand Forecasting: Utilizes historical data and trends to predict future demand, helping businesses plan more effectively.
  • Supplier Management: Tracks supplier performance and lead times, ensuring timely replenishment and better supplier relationships.
  • Order Management: Streamlines the ordering process with automated purchase order generation and tracking.
  • Multi-location Support: Manages inventory across multiple warehouses and locations, providing a consolidated view of stock levels.
  • Integration Capabilities: Seamlessly integrates with popular ERP systems like SAP, Oracle, and Microsoft Dynamics for a unified workflow.
  • Customizable Dashboards: Offers user-friendly dashboards that can be tailored to display key metrics and KPIs relevant to your business.
  • Exception Reporting: Identifies and highlights anomalies in inventory data, allowing for quick corrective actions.
  • ABC Analysis: Classifies inventory into categories (A, B, C) based on importance and value, aiding in prioritization and resource allocation.
  • Lead Time Analysis: Analyzes and optimizes lead times to improve order accuracy and reduce delays.
  • Stock Alerts: Provides real-time alerts for critical stock levels, ensuring timely replenishment and avoiding disruptions.
  • Scenario Planning: Allows users to simulate different inventory scenarios to assess potential impacts and make informed decisions.
  • Mobile Access: Offers mobile-friendly access, enabling users to manage inventory on-the-go from any device.
  • Data Security: Ensures robust data protection with advanced security measures and compliance with industry standards.
  • Training and Support: Provides comprehensive training resources and customer support to help users maximize the software's potential.
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  • Collaboration and Visibility: Increased data visibility allows managers to plan and forecast efficiently. Maintain contact with clients and partners with a messaging system that links businesses. Better collaboration between employees enforces better collaborative planning for the entire supply chain. 
  • Distribution Planning: Gain access to world-class planning tools and quickly respond to demand changes. Plan ahead to reduce inventory and prevent detrimental issues with manufacturing. 
  • Manage Demand: Enables users to forecast the products needed using its demand management toolset, helping companies stay ahead of market changes and become driven by it. 
  • Promotion Management: Its data-mining capabilities can help discover successful promotion tactics for various operations to maximize ROI. Data from sales points can be measured and used to predict strong promotion strategies. 
  • Transportation Management: Optimize shipments across all methods, regardless of the transport mode through its transportation management. Reduces the complexity of fleet management while boosting carrier sourcing. 
  • Warehouse Management: Real-time visibility into warehousing processes strengthens accuracy and reduces daily costs. Automates several time-intensive operations and helps task employees with more essential duties. 
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Product Ranking

#125

among all
Supply Chain Management Software

#4

among all
Supply Chain Management Software

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Analyst Rating Summary

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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Netstock
Oracle SCM Cloud
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Inventory Management Logistics And Transportation Mobile Capabilites Procurement And Supplier Management Purchase Order Management Supply Chain Analytics Supply Chain Planning Warehouse Labor Management Warehouse Management 100 91 78 100 100 100 98 75 89 0 25 50 75 100
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User Sentiment Summary

Excellent User Sentiment 59 reviews
Good User Sentiment 157 reviews
98%
of users recommend this product

Netstock has a 'excellent' User Satisfaction Rating of 98% when considering 59 user reviews from 2 recognized software review sites.

79%
of users recommend this product

Oracle SCM Cloud has a 'good' User Satisfaction Rating of 79% when considering 157 user reviews from 4 recognized software review sites.

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4.0 (65)
4.9 (30)
3.9 (8)
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4.4 (35)
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3.6 (49)

Awards

Netstock stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

SelectHub research analysts have evaluated Oracle SCM Cloud and concluded it deserves the award for the Best Overall Supply Chain Management Software available today and earns best-in-class honors for Inventory Management, Procurement and Supplier Management, Purchase Order Management, Supply Chain Analytics, Supply Chain Planning and Integrations and Extensibility.

Analysts' Pick Award
Inventory Management Award
Procurement and Supplier Management Award
Purchase Order Management Award
Supply Chain Analytics Award
Supply Chain Planning Award
Integrations and Extensibility Award

Synopsis of User Ratings and Reviews

Improved Visibility: See exactly what inventory you have and where it is located within your supply chain.
Enhanced Forecasting: Uses sophisticated algorithms to improve demand planning and forecasting accuracy.
Seamless Integration: Integrates with a variety of ERP systems, improving data accuracy and operational efficiency.
User-Friendly Interface: An intuitive interface that makes it easy for team members to learn and use the software.
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User-Friendly Interface: It offers an easy to use, intuitive and configurable user-interface, as noted by around 92% of reviewers who mention UI.
Navigation: It is easy to navigate throughout the application, as stated by 100% of the users.
Latest Upgrades: It keeps the cloud updated through seamless upgrades, as observed by more than 71% of the users specifying upgrades.
Security: All users who refer to security report that it offers an enhanced security architecture.
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Limited Customization: Users have reported an inability to customize reports available in the "CSV Reports" section, leading to reliance on the Netstock team for assistance.
Demand Forecasting Limitations: While Netstock offers options to mitigate the effects of seasonality and demand spikes, it lacks the capability to directly edit past one-off spikes in demand, potentially impacting the accuracy of future forecasts.
Learning Curve: New users might encounter a learning curve due to the software's complexity and the time required to become proficient with its features.
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Integration: The integration process is cumbersome, as stated by more than 55% of reviewers who specify integration.
Reporting: Over 57% of reviewers who refer to reporting note that it lacks flexible reporting capabilities.
Speed: Its slow speed is unable to handle large volumes of data, as noted by 80% of the users mentioning speed.
Customization: It has limited scope for customization, as specified by around 87% of reviewers who refer to customization.
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Is Netstock worth its weight in gold, or does it just add more links to the supply chain? Netstock is a cloud-based inventory management software that has garnered largely positive feedback from users over the past year. Customers rave about its user-friendly interface, making it refreshingly simple to navigate and comprehend, even for team members who are new to supply chain management software. This ease of use is a key differentiating factor, as many competing products are bogged down with clunky interfaces and steep learning curves. One user even reported that onboarding new team members was a breeze thanks to Netstock's intuitive design. However, some users have pointed out that the initial setup can be a bit complicated and may require some hand-holding for those unfamiliar with the software. While Netstock excels in providing a streamlined experience for everyday tasks, digging into more advanced features and customizations might require additional effort. Think of it like learning to drive a car – getting the hang of the basics is a piece of cake, but mastering parallel parking takes a bit more practice. This slight learning curve is a minor drawback compared to the software's overall strengths. Netstock is best suited for small to mid-sized businesses that are looking to gain better control over their inventory without the headache of a complicated system. Its intuitive design and powerful features make it an ideal choice for companies that are ready to ditch spreadsheets and upgrade to a more sophisticated, yet user-friendly, solution.

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Users of Oracle SCM Cloud express overall satisfaction with its comprehensive capabilities and robust features. Many praise its ability to provide end-to-end visibility and control over their supply chain operations, citing improved efficiency and cost savings. One user commented, "Oracle SCM Cloud has revolutionized our supply chain management, streamlining processes and increasing visibility into critical data. We've seen a significant reduction in lead times and inventory levels, leading to substantial cost savings." However, some users noted the platform's complexity, particularly for small and medium-sized businesses with limited resources. "The initial learning curve can be steep, and customization requires specialized expertise," remarked one user. "However, the long-term benefits outweigh the initial challenges." One of Oracle SCM Cloud's key strengths compared to competitors like SAP S/4HANA and Microsoft Dynamics 365 Supply Chain Management is its scalability and global reach. "Oracle SCM Cloud seamlessly scales with our business, accommodating our growth and expansion into new markets," stated another user. "The multi-language and currency support is invaluable for our international operations." While competitors offer similar features, Oracle SCM Cloud stands out with its advanced analytics and machine learning capabilities. "The platform's ability to predict future demand and optimize inventory levels has been a game-changer for our business," commented one user. "We are now able to anticipate customer needs and react quickly to market changes, ensuring on-time deliveries and improved customer satisfaction." Overall, user reviews paint a positive picture of Oracle SCM Cloud as a powerful and comprehensive solution for optimizing supply chain operations. While its complexity might require additional support for smaller businesses, its scalability, global reach, and advanced analytics capabilities make it a compelling choice for large enterprises seeking to gain a competitive edge in today's dynamic business environment.

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Top Alternatives in Supply Chain Management Software


Blue Yonder

Coupa

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Epicor SCM

IFS

iM3 SCM

Infor Supply Chain Management

Logility

Manhattan Supply Chain

NetSuite

NEXXE

Oracle SCM Cloud

Sage X3

SAP Supply Chain

SYSPRO

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