IQR is quick to set up & easy to use
IQR is and effective Inventory Management tool. It enables an organization to meet or exceed customers' expectations of product availability while maximizing net profits and cash flow.
Installation & training in just 3 days
Training for IQR software is only twelve hours. IQR inventory reduction user training comes with every installation. Although IQR tools are very easy to use, we include training because of the motivation it provides planners and buyers to take charge and actually reduce inventories.
Works with your existing ERP system
IQR dose not replace your current ERP, MRP or inventory management software. IQR works with your existing suite of tools to provide actionable information required to make rapid improvements in your inventory position.
No additional data entry required
IQR is an analytical tool that provides the information you need to reduce excess inventory, increase working capital and improve cash flow. The IQR process starts with an extract from your existing inventory systems. IQR provides the actionable information you need. You take the recommended actions in the original system. There are no extra key strokes, no additional data entry work.
ROI in 3 months or less
IQR provides the actionable information that you need to make rapid improvements in the performance of your inventory. Many IQR customers report a return on their initial investment in as little as three months.
Certified IQR affiliate
An Inventory System for
Inventory Quality Ratio
IQR is a powerful, money saving tool
In business cash flow is crucial to survival. Having ample cash on hand will ensure that creditors, employees and others can be paid on time. If a business does not have enough cash to support its operations, it is a likely candidate for bankruptcy. IQR improves cash flow. It will:
· Quickly identify good, bad and excess inventories
· Drill down on problem areas and prioritize corrective action
· Avoid shortages of purchased parts and finished goods
· Rebalance inventory across locations
· Set realistic reduction objectives and track improvement over time
· Monitor inventory movement as requirements change
· Revise safety stocks, lot sizes and order quantities
· Enhance ERP effectiveness with a dollar focus
IQR is used by over 3,000 planners, buyers, operations managers, and controllers in a broad range of manufacturing and distribution environments.
IQR is an abbreviation for Inventory Quality Ratio. The ratio is a the percentage of your inventory that is active.
The IQR inventory system provides a complete framework to use and improve this performance metric. IQR provides unique analytical tools to effectively reduce your inventory levels and improve the quality of that inventory.