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StockIQ Technologies

StockIQ Technologies

Overview

What is StockIQ Technologies?

StockIQ is a supply chain planning suite developed for distributors and manufacturers by industry practitioners, with the goal of helping users to improve forecast accuracy, and reduce inventory levels, while providing unmatched service to customers.

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Recent Reviews

TrustRadius Insights

StockIQ has proven to be an invaluable tool for businesses in solving various inventory management challenges. With its comprehensive …
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Reviewer Pros & Cons

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Pricing

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Entry-level set up fee?

  • Setup fee required
    Required

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

Starting price (does not include set up fee)

  • $575 per month
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Product Details

What is StockIQ Technologies?

StockIQ is a supply chain planning suite developed for distributors and manufacturers by industry practitioners, targeted at manufacturers and distributors, to help users improve forecast accuracy and reduce inventory levels.

Platform Agnostic
StockIQ is built into the browser so that it is available anywhere, anytime, and on any platform.

Choose the Cloud...
StockIQ is built from the ground up to live in the cloud.

...Or On Premise
StockIQ is also available for on-premise installations, where users can enjoy the security and control of a data center.

Mobile
As a modern web application, StockIQ is at home on any form factor - Desktop, Tablet, Phone, supporting the BYOD world.

Plug us In
Packaged with StockIQ are several WMS and ERP system connectors, to help get up and running.

Automatic Updates
StockIQ uses a cloud-style continuous deployment so that there is no load on the internal IT department to install or maintain StockIQ.

Alerts
StockIQ provides system-wide alerts, to know when any factors are getting out of control.

Advanced Security
Different users can be configured with different roles, as well as access to different sets of data. External users can be configured to see only the data that is appropriate for them to see.

Configuration
StockIQ is configured with sensible defaults and point-and-click configuration screens control all aspects of its behavior.


StockIQ Technologies Features

Supply Chain Planning Features

  • Supported: Custom alerts
  • Supported: Scenario-based planning
  • Supported: Resource optimization
  • Supported: Supply forecasting
  • Supported: Capacity estimation
  • Supported: Supply network coordination

Order Fulfillment Management Features

  • Supported: Purchase order generation
  • Supported: Supplier delivery scheduling

Logistics and Transportation Management Features

  • Supported: Shipping performance

Demand Management Features

  • Supported: Demand forecasting
  • Supported: Customer analytics
  • Supported: Inventory stock optimization
  • Supported: Sales and operations planning
  • Supported: Pricing and promotion tracking

Additional Features

  • Supported: Channel Forecasting
  • Supported: Customer Forecasting
  • Supported: Hierarchy Forecasting
  • Supported: ABC/SKU Rationalization
  • Supported: Customer Service Optimization
  • Supported: Inventory Projections
  • Supported: Container/Truck Loading
  • Supported: Rough Cut Capacity Planning
  • Supported: Inventory Balancing
  • Supported: Lead Time Calculations
  • Supported: Blanket Purchase Orders

StockIQ Technologies Videos

StockIQ Live Demo
StockIQ Supply Chain Planning Demonstration

StockIQ Technologies Technical Details

Deployment TypesOn-premise, Software as a Service (SaaS), Cloud, or Web-Based
Operating SystemsWindows
Mobile ApplicationNo
Supported CountriesUnited States, United Kingdom, South Africia, Australia, Canada, New Zealand, Mexico, and others
Supported LanguagesEnglish

Frequently Asked Questions

StockIQ is a supply chain planning suite developed for distributors and manufacturers by industry practitioners, with the goal of helping users to improve forecast accuracy, and reduce inventory levels, while providing unmatched service to customers.

StockIQ Technologies starts at $575.

Valogix Inventory Planner, Microsoft Excel, and Logility are common alternatives for StockIQ Technologies.

The most common users of StockIQ Technologies are from Mid-sized Companies (51-1,000 employees).

StockIQ Technologies Customer Size Distribution

Consumers0%
Small Businesses (1-50 employees)10%
Mid-Size Companies (51-500 employees)80%
Enterprises (more than 500 employees)10%
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Comparisons

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Reviews and Ratings

(2)

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

StockIQ has proven to be an invaluable tool for businesses in solving various inventory management challenges. With its comprehensive features and user-friendly interface, StockIQ has helped businesses optimize their stock levels and improve demand forecasting. Users have reported that the software has significantly reduced stockouts and inventory carrying costs, resulting in improved profitability.

One major business problem that StockIQ addresses is the need for accurate demand forecasting. By utilizing the software's advanced forecasting capabilities, users have been able to analyze historical data, identify trends, and accurately predict future demand. This has helped them make informed decisions regarding stock replenishment and avoid stockouts, ultimately leading to increased customer satisfaction and loyalty.

Another key challenge that StockIQ helps solve is efficient inventory planning. The software allows users to model different scenarios, plan promotions and seasonal lifts, and create events. This level of flexibility enables businesses to proactively manage their inventory levels, prevent excess or dead stock, and optimize supply chain operations. Additionally, StockIQ’s intuitive interface has streamlined inventory planning processes and eliminated the need for manual data entry using multiple Excel spreadsheets.

Furthermore, StockIQ has played a vital role in helping businesses navigate supply chain disruptions during the COVID-19 pandemic. Users have been able to adjust their ordering strategies based on real-time transit times and prioritize shipments accordingly. This adaptability ensures that businesses can maintain uninterrupted operations despite unpredictable market conditions.

Overall, StockIQ has proven to be an efficient and reliable solution for businesses seeking to improve their inventory management processes. With its accurate demand forecasting, streamlined inventory planning capabilities, and ability to mitigate supply chain disruptions, StockIQ empowers users to optimize their stock levels, reduce costs, and enhance customer satisfaction.

Responsive and Intuitive: Users have found StockIQ to be a responsive and intuitive supply chain planning software. The software's user-friendly interface has allowed for rapid adoption by the planning team, improving efficiency in launching purchase and transfer orders.

Accurate Forecasting: Multiple reviewers have praised StockIQ for its highly accurate forecasting capabilities. This feature enables users to make informed decisions based on reliable data, enhancing their ability to plan effectively.

Excellent Customer Support: Reviewers have consistently highlighted the excellent customer support provided by the StockIQ team. Users appreciate the quick response time and comprehensive assistance received when encountering issues or needing clarification. The proactive approach taken by the support team ensures that users are equipped with multiple options to solve problems efficiently.

Misleading Forecasts: Some users have found that the forecasts in StockIQ can be misleading when compared to previous demand. However, they acknowledge that these forecasts ultimately result in effective quantities and timing.

Slow Loading Times: Several users have experienced occasional slowness when loading the software. This delay can impact workflow efficiency and productivity.

Limited Custom Reporting: A common concern among users is the inability to create custom reports on their own. They feel that having more options for customization would be beneficial for their specific business needs.

Users have provided several recommendations for SIQ based on their experiences. Firstly, SIQ has received praise for its terrific customer service and user-friendly nature, with customers appreciating the assistance they receive and finding the software easy to navigate. Secondly, users suggest that cleaning data before using SIQ can lead to better system improvements. By ensuring that the data inputted is accurate and relevant, users can experience enhanced functionality and more accurate results from the software. Thirdly, reviewers advise potential users to listen to the experts and provide them with actual data for a meaningful demo. By supplying real-world data during demonstrations, users can get a more accurate understanding of how SIQ will perform in their specific business environment. Additionally, users believe that the cloud deployment option of SIQ is worth the extra investment as it provides consistent and fast speeds, ensuring a smooth user experience.

Reviews

(1-1 of 1)
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December 15, 2023

Intelligent forecasting

Score 10 out of 10
Vetted Review
Verified User
As a buyer we use StockIQ daily to create our purchase orders, the ease of use is fantastic. It provides us with tools to easily access unexpected demand, best qty breaks, lead times as well. We can easily access all open purchase orders, set up holiday schedules and update any changes needed with our vendor scheduling. SIQ's support response has been quick and informative, always willing to help with a solution.
  • The filters are so useful, drilling down for detail made easy
  • Order Wizard
  • search function is incredibly user friendly
We have year end buying goals discounts offered to us, StockIQ allows us to determine whether or not these are worthwhile to our company. It allows us to easily reach out several months to see what that would look like.
Supply Chain Planning (6)
45%
4.5
Custom alerts
90%
9.0
Scenario-based planning
N/A
N/A
Resource optimization
80%
8.0
Supply forecasting
100%
10.0
Capacity estimation
N/A
N/A
Supply network coordination
N/A
N/A
Procurement Management
N/A
N/A
Order Fulfillment Management (2)
95%
9.5
Purchase order generation
90%
9.0
Supplier delivery scheduling
100%
10.0
Logistics and Transportation Management (1)
60%
6.0
Shipping performance
60%
6.0
Warehouse & Inventory Management
N/A
N/A
Demand Management (5)
80%
8.0
Demand forecasting
100%
10.0
Customer analytics
100%
10.0
Inventory stock optimization
100%
10.0
Sales and operations planning
100%
10.0
Pricing and promotion tracking
N/A
N/A
  • Rebalancing and transferring inventory
  • Optimizing qty breaks
  • Home screen for a quick glance of our overall inventory
We previously used Rockysoft that has since become obsolete, SIQ has the options from that program that we enjoyed and so much more, ease of use and visibility of details have been a real game changer.
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