Resources | Customer Stories
$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.
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.
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Inventory
$10M
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Active SKUs (+450 DI items)
650+
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Sourcing
Multi-country
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Central supply chain team
The Results
Cleared $2M in Dead Stock and Reclaimed Warehouse Space
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- Identified SKUs with minimal demand
- Prioritized clearance to make room for faster-moving items
- Redirected warehouse space to profitable inventory
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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
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.
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Constantly shifting demand patterns
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No consistent sales volumes across SKUs
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Rapid onboarding of new customers and products
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A growing number of SKUs with unclear sell-through performance
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.
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Service-level forecasting alerts
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Inventory stratification (A/B/C classification)
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Demand risk visibility by SKU
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Stockout prevention notifications
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.
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“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.