Netstock Survey: 78% of US SMBs Are Not Using Purpose-Built Inventory Management Software
Summary
"Investing in the right inventory management software should be a top priority for SMBs so they can have the visibility to minimize excess stock, free up working capital, and remain agile to respond to market changes" Netstock CEO, Ara Ohanian. A substantial 92% of respondents surveyed reported significant supply chain disruptions over the past three years, leading to a notable increase in inventory. Furthermore, 80% of the executives expressed concerns about the rising costs of warehousing inventory over the past two years, adding to the pressure on their operations due to supply chain disruptions. Netstock is a leader in predictive supply chain planning software and trusted by more than 2,200 customers globally to place optimal orders, reduce stock-outs, and minimize excess stock. Netstocks AI-powered cloud-based solution synchronizes demand and supply insights with ERP platforms, providing small to medium-sized businesses with supply chain visibility to unlock cash, respond to change, and offer exceptional customer service, delivering ROI from day one.