Founded in 2007,
“We can now test the impact of our decisions on a granular level which no other software can do that we have found. It has enabled us to reduce risk, increase sales and lower our inventory substantially in less than a year while sustaining our industry-leading fill rates. StockIQ is one of my best employees!” - Rob Chadwell, Co-Founder and Director of Operations
Rob Chadwell, Co-Founder and Director of Operations for Chadwell Supply reached out to
The company provides the best service levels and fill rates in the multi-family industry and manages a complex supply chain across 14 locations. Sustaining this level of excellence required real-time visibility and robust planning capabilities their current model could not handle.
“I actually wrote our old program myself and it was time for me to get out of the software business,” says Rob. “We looked at a lot of different popular solutions and had tried Microsoft’s Advanced Inventory Replenishment, but it just didn’t fit our business or handle fast growth.”
When Rob demoed the
StockIQ spent many hours working closely with Chadwell Supply leadership and training their team for a smooth transition to their new solution. They implemented the solution in the Microsoft Azure Cloud, configured it to their planning requirements, migrated nearly 100,000 item SKUs, and built a seamless integration to Dynamics GP.
28% Increase in Sales While Lowering Inventory
Rob reports StockIQ has facilitated a large increase in sales while saving a substantial amount of money on
99.9% Fill Rate for AAA Item SKUs
Chadwell Supply offers several priority AAA items that must always be in stock. StockIQ helps them calculate and plan for the expected investment required to achieve the high service levels they are looking for. They can continue to provide customers with the best fill rates in the industry at a lower cost than before.
Proactive Planning with Real-time Visibility
StockIQ has revolutionized how Chadwell Supply can
The benefits delivered by StockIQ have transformed Chadwell Supply’s inventory planning and outcomes, including:
- 28% Increase in Sales While Lowering Inventory
- 99% Fill Rate for AAA Item SKUs
- Smart, Proactive Planning with Real-time Visibility
- Empowered Employees
- Integration, Automation with Dynamics GP
- Reduced Risk and Errors
- Experienced Partner, Superior Support
Before StockIQ, Rob was hyper-focused on
“Forecast Manager allowed one of our buyers to visually identify a forecasting mistake made by an employee in another location. We avoided buying $60,000 of excess inventory as a result. We never had that ease of visibility before StockIQ.” Additionally, Rob reports an added benefit he thought they would never be able to do. “We’ve been able to create career paths and promote employees to buyers which we couldn’t have done before. We are literally able to change lives because StockIQ is so easy to learn and use.”
Integration, Automation with Dynamics GP
StockIQ pulls in data from several sources to give Chadwell Supply a consolidated view of their operations and inventory. They also created a seamless integration that automatically creates purchase orders and transfers in Dynamics GP, saving a lot of time and errors. “ StockIQ made sure we are feeding the system the right data, so we get the insight and results we need,” says Rob.
Reduced Risk and Errors
In addition to reducing human errors from manual entry and calculations, StockIQ enables Chadwell Supply to make profitable decisions based on factual, contextual data. They can adjust on the fly and understand exactly what they need to do to maintain their service levels without increasing risk or inventory.
Trusted Partner with Industry Expertise
Rob has nothing but praise for StockIQ. He is a strong advocate for the
What is StockIQ?
StockIQ is an