Client Challenges
- Need for improving the bottom line by increasing own brand products sales.
- Improper control over SKUs/EBO wise profitability.
- Need for inventory control with purchasing, receiving & tracking methodology
- Non-maintenance of stock as per customer needs and expectations.
- Time wastage owing to inefficient process.
PKC Solutions
- Introduced reorder levels and safety stock concept
- Implemented production planning, warehouse management and batch management system
- Strengthened the product replenishment process
- Enabled SKU-wise margin tracking
- Designed customised MIS reporting
Results
- ~12% increase in overall profitability
- Rs.1 MILLION Capital Investment savings
- 100% Tracking of scrap and repacking items
- ~93% Reduction in Product replenishment time
- 10% to 2% Reduction in stock out situation