Case Study: Annaghmore Agencies achieves 30% stock reduction and 50% employee processing time savings with Netstock

Annaghmore furnishes its inventory division with a new inventory optimisation tool

Annaghmore Agencies, an Irish importer and wholesaler of domestic furniture with over 2,000 SKUs (running on Microsoft Dynamics NAV), faced inaccurate forecasts and ordering while relying on Power BI and spreadsheets. With no meaningful data, visibility into lead times or ideal stock levels, the business repeatedly overstocked or understocked and incurred extra warehousing costs, so they engaged Netstock’s inventory optimisation tool.

Netstock implemented a “management by exception” approach—providing forecast and order recommendations, Min/Max calculations, safety stock, minimum order quantities, accurate lead times and a dashboard to monitor stock and supplier performance. After five months using Netstock, Annaghmore Agencies has reduced stock by 30%, expects about a 13% increase in fill rate within six months, and reports roughly a 50% saving on employee processing time, improving turnover and cash position.

Annaghmore Agencies

Conor McKeown

Managing Director