InventoryIQ
The Challenge
A mid-sized distributor was using spreadsheets to track inventory across three warehouses. Stock counts were often inaccurate, leading to overselling and emergency reorders. The finance team spent days each month reconciling inventory data with sales figures.
The Solution
We developed InventoryIQ, a custom inventory management system that provides real-time stock visibility across all locations. The system integrates with their existing sales platform via API, automatically updating stock levels with each transaction. Barcode scanning at warehouses ensures accurate counts, and predictive analytics help forecast reorder points.
The Outcome
Stock accuracy improved from 82% to 99.5%. Emergency reorders dropped by 90%, saving approximately £45,000 annually. Monthly reconciliation that took 3 days now completes automatically overnight.