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📦 Inventory IQ

Inventory IQ

Unifies on-hand data across every ERP, models statistical safety stock and reorder points, and surfaces exceptions before they become stockouts or overstock.

Reference
Metrics & Glossary
Every metric in the workbench — what it measures, how it's calculated, and when to use it.
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Rules
Exception Rules
How overstock, low supply, and service-risk exceptions are triggered and what to do about them.
Open
Scenarios
Business Scenarios
Step-by-step walkthroughs for common inventory analysis tasks — reducing excess, fixing stockouts, running ABC reviews.
Open
Setup
Configuration Guide
Set service level tiers, supplier reliability factors, and scenario date ranges for your organization.
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What Inventory IQ covers

Inventory IQ pulls on-hand quantities, ERP safety stock settings, lead times, and transaction history from every connected ERP and presents them in a single unified workbench. From that baseline it computes statistical safety stock and reorder points using actual demand variability — not rules-of-thumb — and classifies every part with an ABC/XYZ segment and an Exception flag.

Key concepts

  • Recommended Safety Stock (Rec SS) — the variability buffer Marquis IQ calculates; compare to your ERP SS to find gaps.
  • Recommended Reorder Point (Rec ROP) — the quantity at which replenishment should fire; some ERPs call this field "Safety Stock."
  • Scenario — the date window used for all demand calculations. Default is Last 12 Months. Change it in the Filter Panel.
  • Inventory Exception — a rule-based flag (Overstock, Low Supply, Stock-Out Risk) automatically evaluated for every part.
  • ABC / XYZ — two-dimensional segment combining cumulative value rank (ABC) with demand predictability (XYZ).
ℹ️
Marquis IQ reports on sub-ledger and operational data — gross margin, inventory value, working capital. It does not produce P&L statements, income statements, or COA-mapped financial reports.

In this section

  • Metrics & Glossary — complete term-by-term reference with deep links for every metric
  • Exception Rules — full logic for each exception type with threshold details
  • Business Scenarios — guided walkthroughs: reduce overstock, fix chronic stockouts, run an ABC review
  • Configuration Guide — service level tiers, supplier reliability settings, scenario configuration