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StockIQ Reviews

Reviews summary

Pros

They make very good use of graphs and visual indicators. The StockIQ team was excellent at working with us through the whole implementation.

Anonymous Reviewer

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The user interface is great and the usability is easy. System downtime is basically non-existent and the customer support is top notch.

Bret S.

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Stock IQ has been a pleasure to work with. Both the staff and software are user friendly and give us all of the tools we need to do our jobs.

Robert K.

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Cons

It’s leaps and bounds above our previous system. Any complaints I have are caused by our internal data structure and not StockIQ.

Andrew C.

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Haven't had any cons yet. I guess my only negative comment might be that their software doesn't have everything we are looking for.

Fred L.

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Can be difficult to implement some of our niche business practices if not in line with industry standards.

Salam E.

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Overall rating

4.8

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32 reviews

recommended

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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ERP Agnostic Tech with top-tier support

Reviewed a year ago

Extremely positive product experience. We consistently hit fill rate targets, and when we struggled StockIQ worked along with us to tweak our settings to get where we needed to be.

Pros

We are on a custom ERP, so most out of the box solutions wouldn’t work. We also have a somewhat complicated ordering system with lots of specific parameters. StockIQ was able to handle all of our needs, even when a few required so slight tweaks. The implementation team was committed to our success and continued to help us optimize our settings, and regularly listens to feedback and adds functionality.

Cons

Not much not to like. It’s leaps and bounds above our previous system. Any complaints I have are caused by our internal data structure and not StockIQ.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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A complete solution for demand management

Reviewed 4 months ago

Couldn't be happier. It has increased our inventory visibility and we have more levers that we know how to use to get our levels right.

Pros

The onboarding process was focused on us. With other solutions we talked to, we were going to have to fit their mold. With StockIQ, [SENSITIVE CONTENT HIDDEN] and the team took time to understand our ERP (custom) and determine the best fit. It's always being updated and user feature requests are taken seriously. At least half a dozen new features were added because we requested them to make things easier.

Cons

We as a company like to use a lot of "uploads" to adjust things. At launch, not a ton of those were supported but more and more have been added. I would also argue that we're a bit uncommon in that request.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Stock IQ Forecasting Solution

Reviewed 2 months ago

Stock IQ is a great software and their team engages actively to understand how your business operates. You aren't buying software, you adding a partner who is working with you to reach your goals. They are a trusted partner of ours.

Pros

The platform's functionality expands across our full supply chain for multiple users across different sectors of our business. The platform offers additional tools to help in other departments, they are more than just forecasting. Here are some great features that separate Stock IQ from it's competitors. 1- The team at StockIQ is a big part of the success for us. As a partner, they are always available...

Cons

There is a great deal of data to users in Stock IQ that will benefit other departments with in your business. Collaborate within your organization and allow them to be part of the implementation process. Stock IQ is very supportive in adapting the platform based on new requirements. We are reorganizing our data structure to make this tool even more powerful for the whole organization and not just "Forecasting".

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

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StockIQ Review

Reviewed 3 years ago
Pros

The interface on this software is quite simplistic and is very easy for someone new to jump in and understand/navigate. Run times for this software compared to our previous system are also much faster and much more analytical based so you are able to do a deep dive analysis on most everything should you need to. In addition, our inventory levels have become much more effective and in line since the implementation of the software.

Cons

I feel like there is so much to learn about StockIQ and the training we received was not as indepth as we would have liked. Though tutorial videos are now getting posted online, there are probably some features we are not taking advantage of only for the sole fact we may not even know they exist. Because of this, it would be nice if a Handbook or StockIQ Bible was created that went into each nut...

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  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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StockIQ - A Great Partner

Reviewed a month ago

Overall, our experience with StockIQ has been fantastic. We implemented in just a few weeks; since then Stock IQ has identified, recommend and implement changes to our hierarchy and settings which has improved our forecasts considerably. Their support is awesome.

Pros

The biggest Pro of StockIQ is their team; they are honest and they stand behind their product. It's rather refreshing. As for features, the product is intuitive and easy to navigate. A (new for me) favorite feature is ability to look at forecasts at various levels of the hierarchy, make major adjustments at any level with just a few clicks, and review and modify from there without having to spend hours adjusting individual forecasts. This has become an essential task due to the extreme swing in demand caused by the pandemic.

Cons

There really aren't any Cons. We run a pretty complicated machine here and StockIQ has worked with us to address our challenges.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Demand Forecasting that works and a great team to support it

Reviewed 2 years ago

Team has been exceptional to work with and had been extremely responsive.

Pros

Primarily chose the product due to the team behind the software and their responsiveness/willingness to address our needs. Software is highly scale able and user base has companies in similar industries. The team is a pleasure to work with and have the experience to develop highly advanced solutions to complex problems.

Cons

The batch nature of this type of software implementation (not unique to StockIQ) made internal process changes necessary. The large SKU count that we presented has introduced some performance issues that were unforeseen and had to be addressed early.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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Demand Planning and much more

Reviewed 4 months ago

We are now able to project actual sales revenue based on the items they wish us to purchase or hold over & above the forecasted numbers. A very useful tool for cashflow and maintaining correct budgetary numbers.

Pros

The all-encompassing approach and the ways to produce data in a way that allows for simple alignment to your business strategy is just great. The GUI is friendly with a great deal of info, the support team are just great.

Cons

The USA centre for the service causes issues around time-zone but the guys go out of their way to start really early and support us where possible. There are times when the screens do take an age to update, typically if data navigation is paused for over 10 minutes.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Great product for the market!

Reviewed 2 months ago
Pros

I like that the software works to fit your needs, rather than us having to change our processes to fit the software's needs. Customer support and training are amazing, and the team truly wants you to have the best experience with their software. I cannot sing enough praises about the people behind Stock IQ!

Cons

Nothing! This software exceeded our expectations.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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SIQ for a Hardware Distributor

Reviewed 2 years ago

Our major concerns were forecasting by Customer Group on a weekly basis. Check Secondly being able to plan ahead for major events, either a promotion or change in the product offering at a major customer. Check We do have products that transition from A to B, this works in SIQ but could be better. We need it work in the future so we can plan to it, but it currently only works on the activity date; which is too late for planning.

Pros

We looked at several packages before selecting SIQ. SIQ was able to cover nearly all of our requirements, and performed in a similar manner to our old forecasting software. The people were very engaged in getting us up and running.

Cons

Lack a training materials to refer back to for processes used as needed. I watched the same video several times over while learning to use SIQ.

Overall Rating
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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StockIQ - A great tool for demand planning and inventory management

Reviewed 4 months ago

StcokIQ has been a great addition to our business. It has automated what was a very manual process - determining appropriate demand requirements and cutting POs to vendors. StockIQ literally tells you what to buy and when to buy it.

Pros

Integration with existing business systems was straightforward. The system has numerous dashboards that provide real time insights on demand and supply and provides the tools to be able to optimize inventory based on the service levels you are trying to achieve or maintain. All the dashboards have a stock set-up with ability to drag and drop additional fields to give you the view that makes sense for your bsuiness.

Cons

The software is very logical and easy to use. The only challenge has been setting and fine tuning criteria which ultimately drives the demand calculation (i.e. service level, excess inventory definition, finish goods processing lead times). You ultimately control several of the variables that drive the algorithm but it takes some iterations to get them dialed to where you need them to achieve your goals.

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  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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StockIQ - making forecasting make sense!

Reviewed 2 years ago

Our experience with StockIQ has been tremendous. We have an opportunity to influence some enhancements and add-ons and the response time from their support team is outstanding. Our planners can now spend more time assessing odd demands and make better forecasting decisions rather than hours creating them in spreadsheets. Visually, the graphs have been wonderful in creating dialogue between our inventory planning team and the sales team.

Pros

The user interface is great and the usability is easy. System downtime is basically non-existent and the customer support is top notch. The development team at StockIQ listens to and values the feedback they get from users and often implement suggested changes...sometimes quite rapidly. StockIQ is a great planning software for companies of all sizes and the implementation was quick and painless.

Cons

Not much to say from a negative standpoint. Refresh time is a little longer than we'd like, but not excessive.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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StockIQ User

Reviewed 2 years ago

We are able to increase our service levels which has been a big focus for us in the last year to year and a half. We have realized an increase in service levels while we have decreased our overall inventory levels freeing up some capital to invest in other areas.

Pros

SIQ was a great addition to our current ERP system. SIQ is a great forecasting and purchasing tool for us. SIQ has brought us into the 21st century when it comes to forecasting our needs. The personnel at StockIQ are so helpful and responsive when you have a question about the software or need clarity on an issue you are trying to resolve. Great group of people. SIQ have helped us increase our service levels which has been something we have been focusing on and are able to help us reduce our overall inventory while increasing service levels.

Cons

Haven't had any cons yet. I guess my only negative comment might be that their software doesn't have everything we are looking for. However, we work closely with representative and he is developing some additional programs for us which is great as these are customized to our needs.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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PlatinumCode Review

Reviewed 3 years ago

Very good! Their team is overly responsive and super down to earth - very friendly, intelligent, and don't let anything stand in the way of finding a solution for whatever comes up. We were used to working with IT companies in the past who were charging us for every request and this company has not ever done that - have even enabled features we've requested as part of their routine system upgrade at no charge to us, very impressive!

Pros

Without question it's the ability to take the tremendous amount of manual review of stock activity and have a system evaluating your levels of demand virtually real-time and giving you suggestions that you can depend on without having to second-guess. This saves us a tremendous amount of time and also ofcourse reduces the amount of inventory on hand.

Cons

We have a hub/spoke relationship with our own central location here re-supplying the spokes which are 3PL warehouses around the country. We've had a few issues with understanding the demand coming from these "spokes" - just definitely a learning curve to understand how the system is interpreting the data.

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  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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This is an awesome inventory management platform!

Reviewed 3 years ago

Seriously streamlined our inventory management. Took us from a wide array of Excel spreadsheets and manual lookups to an electronic way to simply print out necessary PO's and Assemblies. I definitely would recommend this to anyone warehousing or manufacturing goods.

Pros

This software will automatically recommend reorder/manufacturing quantities based off of actual usage, lead time and your level of service you put on the item. I can prevent stock-outs on all your sku's at the same time prevent you from overstocking and tying up cash flow. This system will literally replace an employee by digitizing your inventory analysis. Awesome software.

Cons

This software is so great it is hard to come up with any Cons. The only thing I would say is that it is somewhat difficult to learn all the functions of it, however with StockIQ's excellent customer service and training they will help you thru all this....

Overall Rating
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  • Ease of use
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  • Likelihood to recommend10/10

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SIQ = less Invt $ / more turns

Reviewed 3 years ago

I have Been Using SIQ for almost 2 full years now and this is the best inventory management software hands down. Best off the shelf solution that can be customized for individual needs

Pros

Siq really has so many ways to look at your items you are managing. From forecast manager to inventory stratification modules. Best part though is how easy it is to use and move around the app.

Cons

There really isn’t any Cons about SIQ. We are working very closely with the team and constantly improving the app.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Functionality and Usage of StockIQ

Reviewed 2 years ago
Pros

My favorite is the Inventory Stratification Summary and Detail. I used to have to run reports in the access data base and then bring them into Excel and do the sorting and filtering. StockIQ does this in 2 clicks of the mouse. I also like the feature in Forecast Manager where we are able to click on tabs to see additional features about the item. In other MRP systems, I had to leave the area you were in and go somewhere else to find the information.

Cons

I can't say that there was anything that I liked the least. Learning and navigating around the software is probably the most difficult and also understanding the algorithms that are being used.

Overall Rating
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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All in one Decision Maker

Reviewed 2 years ago
Pros

I love that this software gives you lots of information at your fingertips. I'm a new user but the data is easy to validate against my ERP by using the lists they provide in your dashboard. It's so easy to see the health of your inventory at a glance. The columns available in the reporting and ordering sections provide enough information so that you don't have to go back to your ERP to look up details, which I've had to do with other forecasting programs. Support is always there and they really understand your needs.

Cons

One feature I've experienced in other softwares that wasn't available here is the ability to pull data from an external spreadsheet into the forecasting program. It seems we often run out of fields in our ERP so we had to do a little re-working in order to provide Stock IQ with this data.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Stock IQ

Reviewed 4 months ago

I am satisfied with using this item as it allows me o do my job as needed on a day to day basis

Pros

1. Able to export date to excel for use in reports. 2. SIQ team has been able to make custom reports as well when we request info needed 3. Able to upload data from excel as needed for pricing, item change replacements, lead time over rides, etc. 4. Quick response by IT team when issues arise.

Cons

Having to have refresh at daily times to get updated data refresh versus our system real time.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Tailored Inventory Management & Forecasting Software

Reviewed 3 years ago

Reduced overall inventory in year 1 by 18% - sales in the same period were up 13% ($50,000,000 growth in sales, $12,000,000 reduction in inventory). That speaks volumes.

Pros

Responsiveness to user feedback and suggested improvements Full suite of features from demand planning and forecasting to purchasing to reporting/analysis Managing by exception - alert system works very well Viewing sales and forecasts at various levels of product heirarchy from category to family to SKU

Cons

That we didn't find it and get it implemented sooner!

Overall Rating
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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StockIQ Review

Reviewed 4 months ago

Overall the most enjoyable MRP software to use. Wonderful support team always willing to help resolve issues and answer questions with fast response time.

Pros

The visual interface is very user friendly. Reports are customizable for each user and there are many features to assist in forecasting/purchasing.

Cons

No major complaints. Can be difficult to implement some of our niche business practices if not in line with industry standards.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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Excellent training and support team, easy to use, easy to understand

Reviewed 3 years ago

Better forecasts, better service level goals, better reporting

Pros

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.

Cons

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.

Overall Rating
  • Ease of use
  • Features
  • Likelihood to recommend8/10

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StockIQ is a great product to help making purchasing decisions

Reviewed 4 months ago
Pros

The software is user friendly. It pulls data directly from our MRP system. Smooth implementation. Its easy to refresh data.

Cons

The software is mostly designed for using forecast from StockIQ. If we import our forecast in StockIQ, it somewhat limited the function on other parts without import forecast. I would also like to see more report functions on StockIQ.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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Great Software, Even Better Service

Reviewed 2 years ago
Pros

The transition to Stock IQ has been pretty seamless with the help of team. This software makes ordering tires much more efficent. We've been able to identify trends and increase our supply to meet demands and increase sales. Anytime we've had a question or issue, it has been quickly resolved.

Cons

We would like to see more customizable reports.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

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Good planning resource but still working on getting there

Reviewed 3 years ago

we have a good experience with the development team, we are still working on some forecast and data issues. Hope we can get better with time

Pros

data refresh button, easy to use and friendly software.. compatible with our ERP system

Cons

small spaces for read information, not flexible in the screen view slow when updating the screens

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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The most enjoyable software vendor experience I have had in all my years in IT.

Reviewed 3 years ago

Actual inventory control, with insanely accurate predictive analytics!

Pros

HTML5 user-friendly interface. Highly configurable WITHOUT customization. Customization still an option. Fantastic training. SQL database backbone for easy integration.

Cons

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.

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