Inventory iQ
Pharmaceutical ManufacturingAlabama, United States2-10 Employees
Inventory iQ offers inventory management guidance and the implementation of perpetual inventory systems for independent pharmacies in the pharmaceutical sector. Based in Bessemer, Alabama, the company deploys a small team of specialists to physically count drugs and update the pharmacy's computer records, enabling a transition from non-perpetual to perpetual inventory. For pharmacies already using perpetual inventory, Inventory iQ provides forecasting to help optimize stock levels. It also trains staff to use electronic ordering within the pharmacy software and to make smarter purchases from wholesalers. Clients have reported substantial savings, with more than $10.6 million saved across pharmacies and over $2.7 million attributed to MatchRx.