Middlebank Consulting Group adds Netstock to list of supply chain software partners
International supply chain consultancy Middlebank Consulting Group has become a partner of Netstock, an American company that provides software for inventory management and demand planning.
The strategic alliance between the Asia Pacific-based consulting firm and Netstock brings together the consulting expertise of Middlebank Consulting Group and Netstock’s platform to help companies in the region optimise their supply chain operations and grow their resilience to supply chain shocks.
Founded in 1998, Middlebank Consulting Group has offices in New Zealand, Australia, Singapore and India. The 26-year-old company specialises in supply chain management topics, helping its clients drive efficiency, reduce costs, and improve overall performance.
US-headquartered Netstock is a leader in demand and supply planning software, trusted by 2,400+ customers globally to optimise their planning. Its platform manages over $26 billion in inventory.
“We are excited to have Netstock in our portfolio,” said Alan Win, Founder and CEO of Middlebank Consulting Group “Through this partnership, we will enable organisations to fully harness Netstock’s capabilities and create agile, future-ready supply chains that respond to both current and emerging business needs.”
“We’re excited to work with Middlebank Consulting Group to extend the benefits of Netstock’s platform to a wider audience,” added Mark Hopkins, Vice President Global Accounts at Netstock. “Together, we can help more businesses optimise their inventory management and make better strategic decisions.”
According to data from Netstock, companies that use its software can improve fill rates by 15%, reduce inventory levels by up to 25%, and improve demand forecasting accuracy by 50%. As an advisory and implementation partners, Middlebank Consulting Group will support companies with the design and implementation of the system, and with getting maximum value out of its adoption.
“Netstock’s solutions offer businesses a more efficient way to manage inventory. By replacing manual, error-prone processes with an automated, data-driven approach, companies using Netstock have achieved improved stock visibility, reduced manual workload by up to 70%, and have more streamlined decision-making. These benefits free up valuable time and resources, allowing businesses to focus on growth and enhancing service levels,” said Hopkins.
Middlebank Consulting Group has similar partnerships with SimPPLY (procurement), Kinaxis (integrated business planning and supply chain) and Freterium (transport management).
