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Stock IQ
Cost : Basic package – $ 750 per month
Stock IQ uses hierarchical forecasting , lead time calculations , and a vendor scorecard system to monitor and manage warehouse inventory . The development team promises 10-30 % reduction in inventory reduction , due to increased efficiency and automation . A large measure of this increase in efficiency is due , according to SoftwareAdvice , to “ StockIQ ’ s supplier management module is able to generate lead times calculated from actual receipt history , instead of simple fixed numbers or averages ”. www . stockiqtech . com
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