An intelligent inventory strategy for your distribution channel puts you in the best position to secure every sales opportunity. However, with visibility only into their own business, distributors don’t always know what additional items or product lines they could be selling if they were stocked.
InventoryGPS is a platform that helps manufacturers and their distribution partners optimize stock levels in ways that maximize both sales conversion and profitability.
Know when order patterns are not aligned with true demand, creating costly operational inefficiency.
Determine what products to add to inventory in order to grow sales.
Discover opportunities for reducing stock levels to free up cash to add sales-boosting SKUs.
Confidently return or remove products from stock that are poorly aligned with market needs.
To provide tailored stock recommendations for each distributor through InventoryGPS, SPARXiQ gathers and analyzes select transactional data using proprietary algorithms. The system accounts for all the key drivers of demand: anticipated customer demand, market trends, product life cycle, and product gaps in a distributor’s stock portfolio.
Improved stock levels result in happier end-customers, more profitable distributors, and stronger manufacturer sales. InventoryGPS predictably increases sales by 10-20 percent on under-sold product families. In addition, it provides ongoing reporting on the operational efficiency of your distributors, both individually and collectively.
By leveraging data that only you have access to as the manufacturer, you can build a robust channel engagement strategy to drive profitable growth for both you and your distributors.
Download the brochure for more information
Predictably increase sales by 10-20 percent on under-sold product families. Gain better visibility into your inventory.