MCG & Netstock partner to boost supply chain resilience

Middlebank Consulting Group (MCG) has announced an expanded strategic partnership with Netstock, aimed at enhancing supply chain resilience and optimising business performance in Australia and New Zealand.

Businesses are facing increasing challenges in the management of their inventories, adapting quickly to changes in demand, and handling supplier uncertainties, all while maintaining competitive operations. The need for solutions that provide real-time insights and support rapid decision-making has never been more crucial. With this backdrop, the collaboration between MCG and Netstock seeks to address these issues by leveraging MCG's consulting expertise along with Netstock's advanced inventory optimisation platform with AI capabilities.

Through this partnership, MCG plans to integrate Netstock's platform, designed to boost inventory management and demand forecasting, into its consulting services. The software has demonstrated its potential globally by increasing fill rates, reducing inventory levels, and enhancing demand forecasting accuracy, thus promising sustainable growth for client organisations.

Alan Win, Founder and CEO of Middlebank Consulting Group, remarked on the significance of the collaboration, 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, VP Global Accounts at Netstock, shared his enthusiasm for the collaboration, saying, "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 solutions, enhanced by artificial intelligence, provide an efficient method for inventory management by replacing manual processes with automated, data-driven approaches. This shift not only improves stock visibility but also reduces the manual workload significantly, enabling companies to allocate resources towards growth efforts and service improvements.

A key feature of Netstock's offering is its commitment to data security. Its ISO 27001 certification guarantees high standards of data protection, which is coupled with customised onboarding and a premier Learning Academy to support long-term client success.

MCG, which has been operational since 1998, has a distinguished history of improving logistics and supply chain operations for over 150 client organisations across multiple industries around the globe. The company typically delivers a 15% reduction in operational costs through its strategic interventions and technological implementations aimed at enhancing supply chain efficiency.