StockIQ Technologies clients recently had the opportunity to attend his learning sessions Jeff Woodmansy And Jeffrey Porter, highlighting new and improved StockIQ features for 2021. We polled our customers to reveal new favorites.
2021 StockIQ Favorite Features
StockIQ Guide StockIQ guide outlining key strategies, best practices and ‘red flags’ to be aware of.
improve service level – New and updated in the Inventory module, the Service Level Improvement module allows you to improve service level targets on a part by part basis, using a specific budget for the safety stock level in your warehouse.
Auto-request filters – You can now set up filters for each auto-order group to include and exclude items for a specific supplier location request schedule, to automatically customize what you’re ordering.
Vendor load balancing – Select the target percentage of the order you want to plan and split between suppliers. StockIQ will plan and recommend as per the required segmentation on a specific – site – resource basis.
Affiliate open order details– When looking at your open orders for an item, as well as direct orders on your item, you can now see any open orders from the original items, along with details about them such as when they were opened, quantity, etc.
Choosing a UoM Forecast Chart – New in StockIQ’s forecast manager is the ability to display your graph in any unit of measure you choose, using the forecast manager display options.
Exceeding expectations from top to bottom – When saving forecasts from a level of your forecast hierarchy that is higher than your bottom level, StockIQ will now warn you of any sub-overflows that may exist and give you the option to either override them or keep existing sub-overflows and be aware of them.
Multi-Axis capabilities Fulfilled by Amazon (FBA) – We’ve added the ability for a specific speaker to have multiple hubs, which helps satisfy the requirement where a logical “FBA” location represents multiple achievable physical locations from many separate DCs owned by your organization. Allowing this segmentation based on customer activity allows you to plan the appropriate DC inventory levels for the level of demand you serve.
2021 has been a big year for companies and there are many demands coming in the future which may create equal challenges. StockIQ We are here to help your business meet your supply chain planning and forecasting needs. At StockIQ, we believe it is our responsibility to help you get the most out of StockIQ, so we strive to work as a new member of your team. call us Today for a personal demo to see how our new features can help your business.