Enhance Stock Accuracy & Simplify Management
Difficulties managing stock are the cause of many retail operations headaches. Highly complex and with a lot of moving parts, keeping tabs on your stock and implementing effective processes can be a tall order but Stock IQ simplifies that challenge.
The impact of out-of-stock products alone on retailers is huge. 49% of customers leave stores disappointed and unable to buy the product they came for due to out-of-stock items and store colleagues have named out-of-stocks as their biggest frustration. This challenge is recognised by retail decision-makers too, with 80% stating that getting real-time visibility of out-of-stocks is difficult and declaring that they need better tools to deal with stock availability.
When we manage your devices, you can focus on your customers, confident that your tech is in safe hands.
Simplifying Stock Management Challenges
- Save significant time on labour-intensive stock-taking tasks
- Increase stock accuracy through regular stock takes
- Boost customer satisfaction and sales through increased stock availability
- Gain greater stock visibility, know exactly what stock you have available and where
- Quickly move stock between stores to have the right stock in the right stores
- Confidently link your in-store stock to your eCommerce channel to maximise online sales
- Reduce stock write-offs and therefore lost profits through better stock management
Stock IQ Applications
Stock Count
Cycle Count
Focus inventory checks on specific store areas, tailored to each store or issue
Shelf Replenishment
Store Transfer
Stock Recall