“Working with Stockm and interacting with the system developers, the stock management module PROMO2 has been improved and released, taking into account our suggestions. The system has become more flexible, with new system capabilities emerging in addition to the former useful features. Various problems and uncertainties arose at the beginning of the work with the Promo module. It was quite difficult to switch to another management style because previously, we were used to working the old-fashioned way. It was difficult to master the Promo and Period modules – we had to change the work style, thinking and learn to trust the system, although we were used to checking the data regularly. Of course, we still have a lot of work to do, “there is no limit to perfection.” But now the direction of movement is clear because the algorithms are obvious indeed. We are very grateful to the StockM team for constantly sharing information, updates, quick answers and expert advice. The StockM team not only passes on experience, but also constantly monitors our workflow responsibly.”

“StockM has normalised the needs for items in stock available for sale, quantities of raw materials in the warehouse for production, and reduced “emergencies” due to shortages or surpluses of goods. The turnover of goods, especially raw materials, has increased, helping to significantly “release” the working capital. The team is professional, always at the heart of the problems we face, dedicating time to consulting as much as we need it, in order to clarify all issues, without unnecessary costly specialised software improvements/changes.”

“Because we used our common system for both sales and stock management before the implementation of StockM, we felt a lot of support in the speed, accuracy and implementation of order management after the introduction of StockM. We currently have 5 divisions and I think it would be difficult to imagine our operations without StockM. The surplus of goods in the warehouse has decreased significantly, which also saves money for the company. And, most importantly, we have reduced the amount of lost sales to the limit that is most acceptable to us. During the installation, we had excellent training, the information was presented in a clear and understandable manner, and all issues we had were discussed. The work was done professionally. The StockM team also responds quickly to questions that arise to us.”

“Stock planning has become much simpler due to the functionality of the StockM tool. Information accessed conveniently, clearly and promptly, proposals are provided in accordance with the established normative information. With the help of StockM, the process of internal stock distribution from the warehouse to divisions has become much faster, more transparent and more accurate. The stock was successfully managed already in the first year, although we were expanding our range and the sales were growing.”

“There are IT companies that develop specialised stock management solutions without getting a deeper insight into the customer’s situation, but only by doing what the customer comes up with while improvising. Meanwhile, exceptionally rarely does a customer (often a stock manager rather than a process analyst or a senior manager) simply seeks to automate the existing procedures and has no deeper analysis of what could be more appropriate for the company (what concept would be more efficient, what would create more value in the supply chain). Some IT companies are trying to copy StockM innovations, and there are few experts in this field (but without automation solutions in their “portfolio”), but certainly no one – at least in the Baltic States – can ever offer a better integrated stock management solution. Especially when it comes to the commerce business with a wide (multi-thousand) range of goods and at least several remote warehouses or retail outlets.”