**Australia and New Zealand**: Middlebank Consulting Group has formed a strategic alliance with Netstock to enhance supply chain resilience and improve business performance. The partnership leverages AI-driven inventory management solutions to address challenges in inventory control and demand forecasting for client organisations.
Middlebank Consulting Group (MCG) has introduced an expanded strategic partnership with Netstock, a move designed to bolster supply chain resilience and optimise business performance within Australia and New Zealand. This collaboration is timely, as businesses increasingly confront challenges in inventory management, demand fluctuations, and supplier inconsistencies, all while striving to maintain a competitive edge.
The industry’s pressing need for solutions that offer real-time insights and facilitate rapid decision-making is the cornerstone of the partnership between MCG and Netstock. By combining MCG’s consultancy expertise with Netstock’s advanced inventory optimisation platform, which incorporates artificial intelligence capabilities, the two entities aim to provide robust support to businesses navigating the complexities of modern supply chains.
In practical terms, MCG plans to incorporate Netstock’s inventory management and demand forecasting solutions into its consulting services, allowing client organisations to leverage enhanced technology to streamline their operations. Globally, Netstock’s software has proven effective in improving fill rates, minimising inventory levels, and enhancing forecasting accuracy, thereby positioning client organisations for sustainable growth.
Alan Win, Founder and CEO of MCG, highlighted the importance of this partnership, stating, “Having built a strong reputation for providing businesses with strategic guidance on the latest supply chain solutions which ultimately drive efficiency and cost savings, we are excited to have Netstock in our portfolio. 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.”
Mark Hopkins, Vice President of Global Accounts at Netstock, echoed this sentiment, expressing enthusiasm for the collaborative efforts ahead. He noted, “We’re excited to work with Middlebank Consulting Group to extend the benefits of Netstock’s platform to a wider audience. Together, we can help more businesses optimise their inventory management and make better strategic decisions.”
Netstock’s offerings are characterised by their ability to automate inventory processes, thus moving away from manual methods towards a more efficient, data-driven approach. This transformation not only enhances stock visibility but also significantly reduces the manual workload for companies, allowing them to redirect resources toward growth initiatives and improving service delivery.
Data security remains a critical component of Netstock’s promise, evidenced by its ISO 27001 certification, which underscores high standards of data protection. Furthermore, MCG and Netstock offer tailored onboarding experiences and access to a premier Learning Academy, ensuring client organisations achieve long-term success with the integration.
Operating since 1998, MCG has a notable history that includes improving logistics and supply chain operations for over 150 client organisations across various industries worldwide. The consulting firm is known for its ability to deliver an average reduction of 15% in operational costs through strategic interventions and technological enhancements aimed at optimising supply chain efficiency.
Source: Noah Wire Services
