Streamlining Inventory Management

Through our bespoke Data Analysis Services and Business Intelligence Solutions, VNC Global empowered a small business owner to overcome accounting complexities and achieve real-time, customized reporting.

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Australia
VNC Australia PTY LTD. 10, Krystle Court, Upper Commera, QLD 4209
India
406, Ozone Complex, Nr. Genda Circle, Dr. Vikram Sarabhai Marg, Subhanpura, Vadodara – 390023 Gujarat, India
India
The Ruby - 23rd, The Ruby, 29 Senapati Bapat Marg, Dadar, West, Dadar, Mumbai - 400028, Maharashtra
Contact Us
Call us: +91 9825479444
bd@vncglobalgroup.com hiring@vncglobalgroup.com
Working Time
Mon - Sat: 8.00am - 18.00pm
Holiday : Closed

Client Background

A multinational FMCG company faced challenges in managing a large supplier base and diverse inventory across multiple regions.

Objectives and Goals

To automate inventory reconciliation and optimize supplier statement management, improving accuracy and efficiency in inventory tracking

Challenge

Issues Faced by the Client

The company struggled with manual inventory reconciliation and inconsistent supplier data, leading to discrepancies and inefficiencies.

Business Impact

Manual processes were time-consuming and error-prone, impacting inventory accuracy and operational efficiency.

Our Approach

Initial Assessment and Discovery

We conducted a detailed assessment of the company’s existing inventory management practices, identifying key areas for automation and improvement.

Strategy and Planning

Our Supply Chain Analytics and Inventory Management Experts devised a plan to automate inventory and supplier statement reconciliation processes.

Implementation Details

Automation: Implemented automated processes for inventory reconciliation across multiple regions.
Data Integration: Consolidated supplier data and inventory information into a unified system.
Dashboard Creation: Developed dashboards to monitor inventory levels, discrepancies, and supplier performance.
Error Reduction: Applied data validation techniques to minimize discrepancies.
Training and Support: Provided training to staff on the new automated systems and dashboards

Solution Deployed

Tools and Technologies
Power BI
Excel
Services Offered
Inventory Reconciliation Automation
Supplier Data Integration
Supply Chain Analytics

Results Achieved

Efficiency
Reduced time spent on manual reconciliation by 70%
Visibility
Enhanced visibility into inventory levels and supplier performance
Accuracy
Increased inventory accuracy through automated data validation
Cost Savings
Reduced operational costs associated with manual processes.
Strategic Planning
Enabled data-driven decisions in inventory management and procurement.

Conclusion

VNC Global’s Inventory Management solutions significantly improved the FMCG company’s supply chain efficiency, demonstrating our capability to deliver tailored analytics and automation services.

Vadodara, India
406, Ozone Complex, Nr. Genda Circle, Dr. Vikram Sarabhai Marg, Subhanpura, Vadodara – 390023 Gujarat, India
Contact With Us
Call : +91 9825479444
Mail: bd@vncglobalgroup.com
Working Time
Mon - Sat: 8.00am - 18.00pm
Holiday : Closed