About SKU IQ

Category: Inventory Management
SKU IQ is an inventory management solution. It is a multi-channel retailing system used by offline and online businesses that connect point-of-sale data to marketplaces,eCommerce and applications. The solution offers cross-channel analytics and helps to reduce overselling with robotic quantity adjustments between eCommerce and POS.

Company: SKU IQ

Sku IQ has different inventory plans for retail and large businesses to help with online business management. This digital solution aids companies like Credo Beauty and UNTUCKit shirts to improve scalability and grow their businesses. Companies pick SkuIQ due to the omnichannel retail system for customers that provides connectivity, whether small or big.

In-Depth Analysis

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Pros

  • User friendly
  • Complete retail integrations
  • Automated system
  • Synchronisation of all data

Cons

  • Focuses on small or retail businesses
Plans & Pricing
Basic
$35
/mo
Free Trial
Plus
$69
/mo
Free Trial
Growth
$129
/mo
Free Trial
Premium
$279
/mo
Free Trial

Basic

This is for beginners of small businesses. It is $35 monthly and is billed annually. Orders are 400 per month, and this package also allows for one location and custom configuration.

Plus

This plan is $69 monthly and is paid annually. It comes with the permission of 1,200 orders and customized configuration. The number of supported locations is 2; quantity and orders are synced in this package. This fits medium-sized businesses that need synchronization.

Growth

Growing businesses need this plan, and the monthly payment is $129. It is billed annually. It also offers order, quantity sync, and configuration. You can make up to 2,500 orders; it offers numerous locations of up to 5.

Premium

This is for super-charged businesses with unlimited locations. Per month, there are 10,000 orders, and payment is $279 plus annual payment. It also comes with an omnichannel and customized configuration.

Ease of Use

It is an easy to use, on the go solution for retailers and has easy access to inventories and customer databases.

Features & Functionality
General Features

Dashboard

The  SkuIQ dashboard gives you in-depth information on occurrences behind the scenes. You can choose which items to be shared through your dashboard and share them automatically.

Analytics

Omnichannel analytics helps you monitor commercial activities and gives you insight into your business.

Customer-friendly

You get to offer your customers features like Reserve In-Store and Same-Day Delivery. SkuIQ keeps your online orders in harmony with your in-store inventory to enable you to provide curbside pickup for customers. A unified customer channel profile puts sales from online and your physical store(s) together.

Eliminate double data entry

With synced inventory data, dual information entry is easily prevented across all sales channels, and you can also reduce overselling. You can also manage all your points of sale, across offline store locations and eCommerce, through one retail platform. You can connect your square POS and online payments for uninterrupted data input.

Synchronization

Features like auto-sync of new products, quantify syncing, advanced syncing are available to achieve easy management and control of the business.

Flexibility

SkuIQ’s flexible software supports various configurations. For instance, when you reverse the usual workflow to create products in Magento, Shopify, WooCommerce, BigCommerce, Wix, Square, Lightspeed retail, Vend, and so on and automatically add them to the POS, you could sync price change, product title apart from inventory. When you sync your store with any of these integrations, manual work decreases. You can also manage on and off-line stores together from the same software.

Multi-store syncing

It is possible to combine inventory counts across multiple physical locations and access the aggregated quantity on your website. Select a location to distribute from SKU IQ as you sell items online.

Customers

The synchronized customer channel profile combines sales and visibility from online and your physical store(s)

Portability

You can effortlessly integrate your  Clover or Magneto, or Shopify store’s products and orders across numerous retail platforms in good time.

Inventory and stock management

This feature lets you have a complete view of your inventory across all your retail offline and online stores. Eliminate double data entry and reduce overselling. As you sell items online, your physical inventory quantity will auto-adjust or not, depending on the situation of sales. There is no need for cumbersome last-hour reconciliations of daily sales.

Management of product catalog

With this solution, product catalog information is easier to manage from one retail platform to another, saving the time to copy and keep up product titles and descriptions between  SKU’s global platforms.

Retail Platforms

Your data will be connected and portable. SKU IQ works hand in hand with many leading retail platforms globally.

Features
  • Accounting Integration
  • Activity Dashboard
  • Alerts/Notifications
  • API
  • Auditing
  • Barcode Recognition
  • Barcode/Ticket Scanning
  • Billing & Invoicing
  • Cloud Infrastructure
  • Control Software
  • Cost Tracking
  • Customer Database
  • Data Synchronization
  • Forecasting
  • Kitting
  • Machine Learning & AI
  • Mobile-device access
  • Multi-Channel Management
  • Optimization
  • Purchase Order Management
  • Replenishment
  • Returns Handling
  • Search/Filter
  • Tracking
Advanced Inventory Features
Features
  • eCommerce Management
  • Invoice Management
  • Manufacturing Inventory Management Software
  • Multi-Currency
  • Multi-Location
  • Order Tracking
  • Product Identification
  • Purchasing & Receiving
  • Real-time Updates
  • Reorder Management
  • Status Tracking
  • Stock Management
  • Supplier Management
  • Vendor Managed Inventory
Reporting/Analytics

Whether small, medium or big, different companies use SkuIQ reports. Your dashboard automatically gives you useful reports compiled in real-time from your data sources and thus helps to save time and energy. SkuIQ may also send customized reports for those enterprising customers who have an idea of what they want.

Features
  • Customizable Reports
  • Real Time Analytics
  • Real Time Reporting
  • Real-Time Data
  • Sales Reports
Integrations & Add-ons

Sku IQ has fully integrated retails like; Shopify, Magento, Bigcommerce, Wix, Square, Clover, Lightspeed Retail, Vend, WooCommerce to help improve merchant and customer service experience.

Point of Sale

This solution allows you to connect your point-of-sale with your eCommerce through reliability, ease of use, and intuition.

Features
  • Accounting Integration
  • Advertising credits
  • Mailing lists
  • Point of Sale (POS)
  • Search engine submission
  • Third Party Integrations
Verdict

SkuIQ was built locally, is used worldwide, and is a trusted and reliable solution to help grow your business and work with an automated imputed inventory. Stanford engineers designed SkuIQ. It was designed just for retailers’ needs with moderate simplicity and easy accessibility.

Maxmillian Agbakwuru
Author: Maxmillian Agbakwuru
Maxmilian Agbakwuru is a content and creative writer, with over 2 years of working experience. His niche spans across different industries, with over 200 jobs done within this time. As a writer, Max puts his client's satisfaction as no 1 priority, with a 5 star on almost all jobs, 83% clients that want to rehire and 42% of long-term clients. In his spare time, Max likes spending time in the gym and meeting new people.
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