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.
Making stock counts quick and easy, with Stock IQ you’re empowered to keep on top of your stock.
Speed up the receiving of your deliveries and check for inaccuracies with an easy-to-follow delivery receipting process.
Quickly identify stock gaps and low-stock items in your stores to minimise lost sales opportunities due to out-of-stock products.
With a simple scan of a barcode or manual search, store colleagues can check the latest product information as well as verify a product by its image to deliver even better customer service.
Enabling inter-store transfers with a clear audit trail, with Stock IQ you can efficiently move your stock to where it’s needed.
Swiftly take care of stock recalls, providing clear guidance to store colleagues on what is to be returned.
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