StockIQ Technologies
12 Case Studies
A StockIQ Technologies Case Study
Buddha Brands, a North American plant-based food and beverage company, faced significant challenges maintaining inventory service levels during extreme supply chain disruptions from 2021 to 2024. With demand volatility across retail and e-commerce channels and a reliance on manual spreadsheets, their lean team needed an automated solution to forecast demand and avoid stockouts. They turned to StockIQ for a supply chain planning solution.
Implementing StockIQ provided Buddha Brands with automated forecasting, inventory stratification, and stockout risk monitoring. This gave the team clear visibility and actionable plans to navigate material constraints and lead time variability. As a result, using StockIQ, Buddha Brands achieved 99% service levels, reduced stockouts to under 3%, and kept excess inventory below 15%, allowing them to adjust quickly to global disruptions while maintaining strong inventory turns.