StockIQ
About StockIQ
StockIQ is a supply chain management (SCM) solution that helps enterprises in manufacturing, logistics, healthcare and other industries manage suppliers, inventory, promotions, and more. It enables users to generate forecasts of upcoming events as well as unplanned demands such as promotions or natural disasters using predictive analytics to ensure stock availability.
StockIQ allows businesses to receive alerts/notifications on stock-outs, and automatically create daily order schedules to optimize quantity targets, weights or supplier minimums. It comes with an administrative dashboard, which lets users track organizational performance and monitor inventory statistics using charts. Plus, managers can store critical documents in a built-in database, and export data in various formats.
StockIQ facilitates integration with several third-party applications such as Oracle NetSuite, QuickBooks Online, Sage, and Eclipse. It can be deployed on-premise or hosted in the cloud. Users can utilize stratification capabilities to categorize available inventory and stock keeping units based on business requirements.
Key benefits of StockIQ
Software Solutions are only as good as what you get out of them. StockIQ Improves your bottom line, and gives you happier customers.
1. Reduce Stock outs: By accurately forecasting your items and setting statistically based safety stocks, stock outs are reduced.
2. Improve Service Level: By using StockIQ to stratify your inventory based on factors most important to you, you can ensure that you have the right parts in the right places to hit your service level goals
3. Reduce Planning Cycle Time: Gone are the days of only being able to do your purchasing once a month. StockIQ allows daily optimized purchasing for maximum responsiveness to a dynamic world.
4. Improve Operations: By providing standard tools with best practices built in, StockIQ helps get everybody working most efficiently towards optimizing your inventory. Eliminate Stock-outs, eliminate excess, and reclaim warehouse space for more products or clients.
5. Reduce Inventory: Experience has shown that distributors, manufacturers and 3PL's alike can enjoy 10-35% reduction in inventory levels, all the while improving service level.
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- Industry: Wholesale
- Company size: 51–200 Employees
- Used for 6-12 months
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- Likelihood to recommend 10.0 /10
StockIQ is a great product!
Reviewed on 12/10/2018
Pros
The web interface for StockIQ is slick. It is modern and very functional. They make very good use of graphs and visual indicators. The StockIQ team was excellent at working with us through the whole implementation.
Cons
Sometimes, as with a lot of web interfaces, the links between information are not as obvious as they could be. More documentation would also be good.
- Industry: Wholesale
- Company size: 51–200 Employees
- Used Daily for 2+ years
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- Likelihood to recommend 10.0 /10
StockIQ - A Great Partner
Reviewed on 11/03/2021
Overall, our experience with StockIQ has been fantastic. We implemented in just a few weeks; since...
Overall, our experience with StockIQ has been fantastic. We implemented in just a few weeks; since then Stock IQ has identified, recommend and implement changes to our hierarchy and settings which has improved our forecasts considerably. Their support is awesome.
Pros
The biggest Pro of StockIQ is their team; they are honest and they stand behind their product. It's rather refreshing. As for features, the product is intuitive and easy to navigate. A (new for me) favorite feature is ability to look at forecasts at various levels of the hierarchy, make major adjustments at any level with just a few clicks, and review and modify from there without having to spend hours adjusting individual forecasts. This has become an essential task due to the extreme swing in demand caused by the pandemic.
Cons
There really aren't any Cons. We run a pretty complicated machine here and StockIQ has worked with us to address our challenges.
- Industry: Wholesale
- Company size: 11–50 Employees
- Used Daily for 1+ year
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- Likelihood to recommend 7.0 /10
Good planning resource but still working on getting there
Reviewed on 4/10/2018
we have a good experience with the development team, we are still working on some forecast and data...
we have a good experience with the development team, we are still working on some forecast and data issues. Hope we can get better with time
Pros
data refresh button, easy to use and friendly software.. compatible with our ERP system
Cons
small spaces for read information, not flexible in the screen view
slow when updating the screens
- Industry: Wholesale
- Company size: 201–500 Employees
- Used Daily for 6-12 months
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- Likelihood to recommend 10.0 /10
StockIQ User
Reviewed on 21/06/2019
We are able to increase our service levels which has been a big focus for us in the last year to...
We are able to increase our service levels which has been a big focus for us in the last year to year and a half. We have realized an increase in service levels while we have decreased our overall inventory levels freeing up some capital to invest in other areas.
Pros
SIQ was a great addition to our current ERP system. SIQ is a great forecasting and purchasing tool for us. SIQ has brought us into the 21st century when it comes to forecasting our needs.
The personnel at StockIQ are so helpful and responsive when you have a question about the software or need clarity on an issue you are trying to resolve. Great group of people.
SIQ have helped us increase our service levels which has been something we have been focusing on and are able to help us reduce our overall inventory while increasing service levels.
Cons
Haven't had any cons yet. I guess my only negative comment might be that their software doesn't have everything we are looking for. However, we work closely with representative and he is developing some additional programs for us which is great as these are customized to our needs.
- Industry: Telecommunications
- Company size: 11–50 Employees
- Used Daily for 1+ year
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- Likelihood to recommend 9.0 /10
Demand Planning and much more
Reviewed on 20/12/2020
We are now able to project actual sales revenue based on the items they wish us to purchase or hold...
We are now able to project actual sales revenue based on the items they wish us to purchase or hold over & above the forecasted numbers. A very useful tool for cashflow and maintaining correct budgetary numbers.
Pros
The all-encompassing approach and the ways to produce data in a way that allows for simple alignment to your business strategy is just great.
The GUI is friendly with a great deal of info, the support team are just great.
Cons
The USA centre for the service causes issues around time-zone but the guys go out of their way to start really early and support us where possible.
There are times when the screens do take an age to update, typically if data navigation is paused for over 10 minutes.
StockIQ FAQs
Below are some frequently asked questions for StockIQ.Q. What type of pricing plans does StockIQ offer?
StockIQ offers the following pricing plans:
- Starting from: US$750.00/month
- Pricing model: Subscription
- Free Trial: Not Available
Contact StockIQ Technologies for pricing details.
Q. Who are the typical users of StockIQ?
StockIQ has the following typical customers:
2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000
Q. What languages does StockIQ support?
StockIQ supports the following languages:
English
Q. Does StockIQ support mobile devices?
StockIQ supports the following devices:
Q. What other apps does StockIQ integrate with?
StockIQ integrates with the following applications:
Dynamics 365 Business Central, Eclipse, Explorer Eclipse, NetSuite, Prelude, QuickBooks Online, Sage X3
Q. What level of support does StockIQ offer?
StockIQ offers the following support options:
Email/Help Desk, Knowledge Base, Phone Support
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