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APPROACH

Collated data and integrated discrete systems to collect actionable information in a dashboard.

Identified underperforming inventory using various KPIs such as inventory turns, sales velocity etc.

Recommended right mix of SKUs based on ABC analysis and suggested the inventory norms.

Created a single platform for all users which is capable to:

  • Track underperforming inventory across different stakeholders (Network/warehouse)
  • Track whether corrective actions are taken to rationalize the underperformers across all departments

KEY BENEFITS

  • The warehouse inventory was stocked with the correct mix of SKUs in the right quantity
  • With the redistributed inventory, the underperforming stock was reduced for better utilization of the storage space and capital
  • Dashboard integration of data provided better visibility of the inventory state and gave actionable insights

RESULTS

  • The client was able to fix 30% of the total leakage in revenue by optimizing the movement of inventory and addressing the underperforming inventory

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