Case Study: GRPI improves inventory management with Netstock

GRPI Transforming raw material planning with Netstock’s Opportunity Engine feature

GRPI was looking for a better way to manage inventory across large product ranges, with challenges around classifying items, improving forecast accuracy, setting safety stock, and reducing excess stock-outs. Using Netstock’s inventory management guidance and tools, GRPI aimed to bring more structure and control to inventory planning and replenishment.

Netstock recommended a disciplined approach covering ABC and velocity-based classification, baseline forecasting, safety stock calculation, inventory policy setting, effective ordering, and exception-based management. The result was a clearer, more responsive inventory process designed to improve service levels, reduce cash tied up in stock, and help GRPI place better purchase orders with fewer costly errors.

GRPI

Tony

Lead