Articles By: StockIQ Technologies

StockIQ Technologies's Logo 7 Disadvantages of Poor Inventory Forecasting

Businesses with physical goods on hand face stock and inventory management challenges. While they tie up staggering amounts of capital in inventory, most fail to track their merchandise or leverage …

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StockIQ Technologies's Logo How to Minimize Forecasting Errors

Inventory-based businesses are constantly faced with forecasting errors. They may fail to predict the high demand for inventory, causing missed sales. Or they may fail to accurately predict a decline …

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StockIQ Technologies's Logo 5 Reasons to Diversify Your Suppliers

Does your supply chain rely on multiple factors to keep up a steady stream of goods you need for your business? To keep your business flowing smoothly you need to …

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StockIQ Technologies's Logo The Do's and Don’ts of Demand Forecasting

As an inventory-based business, one of the most important things you can do is engage in successful demand forecasting. Demand forecasting is an essential tool that helps you make sure …

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StockIQ Technologies's Logo How is your Inventory-Based Business Performing? 5 Measurements of Success

Inventory-based businesses may assume that their bottom line is one of the most critical measures of success. It is certainly a metric to consider, but there are other measurements of …

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StockIQ Technologies's Logo The Importance of Classifying Inventory

Classifying inventory is one of the most basic, yet essential and strategic parts of inventory management. Classifying inventory allows business owners to focus on items that make the most impact …

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StockIQ Technologies's Logo 6 Tips To Cut Your Supply Chain Cost

It appears the price of everything is going up dramatically. It has become important for businesses to find ways to reduce costs and manage expenses. You may not think of …

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StockIQ Technologies's Logo Are You Ready to Embrace the Omnichannel Revolution?

Inventory management is a challenging enigma, with customer demands, fulfillment speeds, and omnichannel shopping gateways has put immense pressure on distributors. It is hard to predict and react to demand-side inventory in an …

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StockIQ Technologies's Logo 7 Strategies to Minimize the Bullwhip Effect

The bullwhip effect occurs when small changes in demand at the retail level, like a shift in overall consumer buying habits, lead to larger-scale changes as it moves up the supply chain …

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StockIQ Technologies's Logo 7 Benefits of Shifting Inventory Risk to Manufacturers

Manufacturers have carried little of the risk that goes along with maintaining inventory. Manufacturers may produce large product lots, then pass them on to the sellers. Once they leave the …

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