Most distributors make that call in a spreadsheet, on instinct, across hundreds of SKUs. StockIQ turns it into an explainable recommendation your procurement team still signs off on.
Demand from hospitals and labs shifts with season and contract. Shelf life is short. Bundles complicate every quantity. Get it wrong in either direction and it shows up in the P&L.
Reagents have a short shelf life. Order more than the lab will consume before expiry and the write-off is a direct cash loss — plus the disposal of physical medical stock.
Run short on a fast mover and you don't just miss the sale — a hospital can't run that test. Lost margin and a service gap your customer remembers.
Three things set StockIQ apart from a forecasting add-on bolted onto an ERP.
Every recommendation shows which rule fired and why — expiry risk, demand velocity, margin, bundle. Your team can defend the number, not just trust it.
It's decision support, not automation. The procurement manager can adjust, accept, or reject every line. The system advises; people decide.
Lot-level shelf life is treated as a hard constraint, not an afterthought. The engine pulls back quantity when a SKU is at risk of expiring before it sells.
It runs on data you already have. No live ERP surgery, no rip-and-replace.
Upload your sales and current-stock export. The system ingests it into a clean internal model.
Demand velocity, days of stock, seasonality, expiry risk and margin — per SKU, with the reasoning attached.
Recommendations land with full traceability. The depot analyst adds the floor knowledge the data can't see.
The manager adjusts, accepts or rejects, then exports the final order. Every decision is logged.
Qualitatively: in back-testing against a real month of procurement decisions, the engine matched the manager's intent on the SKUs that mattered and was more disciplined on the ones heading for write-off. It is an early-stage Phase 1 system, validated in pilot rather than a finished platform — which is exactly why we're selective about the first distributors we work with.
We're onboarding a small number of IVD and lab-supply distributors across the region. A discovery call is a 30-minute look at whether the fit is real — no deck-heavy pitch.