Case Study: Auveco reduces excess inventory and stockouts with StockIQ Technologies

Auveco cuts excess inventory 60% with StockIQ Technologies

Auveco, a U.S.-based manufacturer and distributor of automotive body hardware, faced significant challenges in managing thousands of SKUs across its North American operations. Their lean team struggled with demand volatility, irregular sales patterns, and a lack of visibility from their legacy ERP system, leading to a complex balancing act between stockouts and excess inventory. To address this, they turned to StockIQ Technologies for an automated inventory planning solution.

By implementing StockIQ's platform, Auveco automated key planning workflows and gained clear insights into demand and supplier performance. The solution provided by StockIQ enabled the company to achieve a 60% reduction in excess inventory, maintain service levels above 95%, and see a return on investment in under six months, all while significantly reducing their reliance on manual spreadsheets.

Auveco