Case Study: Group III International Reclaims $2M in Dead Stock with StockIQ Technologies

Group III International recovers $2M in dead stock with StockIQ Technologies

Group III International, a Florida-based manufacturer and distributor of travel goods, faced significant challenges in forecasting unpredictable demand across its complex B2B and B2C channels. With high SKU turnover and constantly shifting sales patterns, their team struggled with accurate demand planning. To address this, they partnered with vendor StockIQ Technologies to implement its AI-powered inventory and forecasting platform.

The solution from StockIQ provided automated demand forecasting and inventory stratification, giving the team full visibility into product performance. This enabled them to proactively manage stock levels and prevent stockouts. As a result, Group III International identified and cleared $2 million in dead stock, reclaimed critical warehouse space, and gained the ability to confidently place reorders without overbuying.

Group III International