StockIQ is a supply chain management (SCM) suite for 3PL's and distributors of all sizes. The solution is available in cloud-based or on-premise deployments. Key features include supply chain planning, demand planning, supplier management and procurement.
StockIQ offers a proprietary demand forecasting algorithm that enables users to generate forecasts for individual customers or channels. The purchasing module enables users to generate purchase orders, transfer orders and work orders. StockIQ can automatically adjust for real world factors like order cycle intervals, holidays and delivery schedules from suppliers.
StockIQ's supplier management module is able to generate lead times calculated from actual receipt history, instead of simple fixed numbers or averages. The promotion management module tracks performance of all sales and promotions. Inventory management can identify excess, define service level targets, monitor inventory turns, handle backorders, generate expiration forecasts and track new item performance.
Ra from JOFRAN Inc.
Actual inventory control, with insanely accurate predictive analytics!
HTML5 user-friendly interface.
Highly configurable WITHOUT customization.
Customization still an option.
SQL database backbone for easy integration.
The only very minor detraction is that the software does not e-mail alerts. It would be a great feature to have, in my opinion.
Jamie from National Business Furniture
Employees number: 201-500 employees
Better forecasts, better service level goals, better reporting
The first screen upon signing in is a Dashboard with all the metrics we need to quickly review; this has been a huge improvement for our purchasing program! We have access to so many more tools, reports, and analytics than we did with our previous replenishment program. Stock IQ is very easy to navigate through (very user-friendly!) I also feel much more confident on the service level goal settings as assigned by Stock IQ than I did with our previous program.
We previoulsy reviewed items based on vendor, but Stock IQ is set up to review forecasts by "item class." This has been the biggest adjustment and one that I'm not quite sold on. It's also different (and not quite as simple) to change a forecast as it was in our previous program, but I'm confident that with additional practice and months of using the system, this will become much simpler.
Karl from PlatinumCode
Employees number: 11-50 employees
Much better control over inventory amounts as well as a much more efficient ordering/manufacturing quantities from this system!
Fast and accurate order planning based off of very accurate forecasting. Allows us to go in and simply order/create bill-of -materials without having to manually double check each item for quantities, the system is very accurate on how it suggests order/manufacturing quantities!!
The only thing I found challenging was getting used to navigating within StockIQ, it is completely different than any other system we had. But fortunately they provided teleconference training for us users and got us up to speed. Thanks tons!