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$2M in Dead Stock Identified and Recovered — Without Spreadsheet

With StockIQ, Group III International optimized inventory, automated demand forecasting, and freed up critical warehouse space. All while scaling across multiple SKUs, channels, and regions.

Snapshot

About the Company

Group III International is a Florida-based manufacturer and distributor of travel goods, including SwissGear luggage, backpacks, and accessories. With over $10 million in inventory, three distribution centers, and hundreds of active SKUs, their supply chain spans Asia and Latin America, serving both retail partners and end consumers.

$10M in inventory

650+ active SKUs (+450 DI items)

Multi-country sourcing

Central supply chain team

The Challenge

Forecasting Unpredictable Demand Across Complex Channels

Group III’s inventory profile is dynamic. With volatile B2B and B2C demand, high SKU turnover, and varying order volumes by customer, accurate demand planning was critical, but difficult to achieve.

Constantly shifting demand patterns

No consistent sales volumes across SKUs

Rapid onboarding of new customers and products

A growing number of SKUs with unclear sell-through performance

Challenge Illustration

The StockIQ Solution

Automated Forecasting and Inventory Visibility in One Platform

StockIQ helped Group III automate core planning workflows and get full visibility into what was selling. By leveraging StockIQ’s AI-powered forecasting and inventory stratification, the team could proactively plan for demand and reduce unnecessary inventory.

Service-level forecasting alerts

Inventory stratification (A/B/C classification)

Demand risk visibility by SKU

Stockout prevention notifications

User Interface screen of stratfication

The Results

Cleared $2M in Dead Stock and Reclaimed Warehouse Space

And with StockIQ’s forecasting tools, the team can now:

Identified SKUs with minimal demand

Prioritized clearance to make room for faster-moving items

Redirected warehouse space to profitable inventory

And with StockIQ’s forecasting tools, the team can now:

Anticipate stockouts based on real-time demand patterns

React faster to demand surges

Confidently place reorders without overbuying

Technology + Team Fit

Built for Analysts. Backed by Experts.

StockIQ’s ease of use and expert-led support made the difference. From onboarding to daily planning, Delmi and her team had everything they needed to succeed.

“StockIQ makes my life easier. I can forecast faster, make smarter decisions, and stop wasting time on spreadsheets.”

See How StockIQ Can Help You Optimize Inventory and Forecast Smarter

Whether you’re managing thousands of SKUs or scaling a lean team, StockIQ helps you plan with clarity and deliver results.

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