Get 5% Higher Profits
with PKC ProMIS

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What we offer in PKC ProMIS?

Team of Retail Sector Experts Assigned for 1-2 Weeks to deliver results

Step 1: Detailed Study of your business - Sales, Margin, Inventory & Costs

Step 2: Benchmarking with industry competitors

Step 3: Analysis of performance & identify core areas of improvement

Step 4: Multi-level discussions with Management

Step 5: Easy-to-implement recommendations

Results

1: Better Purchase Planning

2: Reduce Stock Holding


Who we are

PKC Management Consulting is a distinctive business and financial advisory firm. Our experienced advisors provide management consulting, audit & assurance and taxation services to numerous satisfied clients across India.

Clients

1500+

Clients

Engagements

2000+

Engagements

Sectors

8+

Sectors

Years of experience

35+

Years of experience

Professionals

100+

Professionals

Client retention

98 %

Client retention

Clients

3

Service Verticals

Services

100+

Services

Awards and Recognition



Entrepreneur of the Year 2020

Entrepreneur.com

2020

Women Achiever's Award

WeLEED

2020

Excellence in Bank Funding

HDFC Limited

2012


Our Expertise in Retail

Purchase to vendor payment process consulting

  • Defining procedures to raise PO, track pending orders, GRN & barcoding for proper maintenance of inventory records
  • Raising red flags for time delays, quantity deviations, price differences etc.
  • Automated inventory processing system to avoid manual errors or delays
  • Training employees for fast & optimum utilization of software/other tech tools

Sales process automation & standardization

  • Defining procedures to handle customer sales, discounts, returns, refunds, unclaimed parcels, missing barcodes, product exchanges etc.
  • Placing controls to curb revenue leakages during the sales process
  • Analysing customer footfall , feedback etc. to improve the shopping experience
  • Ensuring that the amount received is matching with sales amount across the locations

Setting up of real-time accounting systems.

  • Restructuring accounts tree to empower & simplify the finance reports
  • Automating statutory compliances such as GST filing, TDS filing to avoid interest, Penalties etc.
  • Placing controls to mitigate revenue leakages like double/excess payments etc.
  • Real time tracking of revenue, expenses, profitability, assets, liabilities etc.
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BPR
  • Real time matching of physical stock with the software stock.
  • Placing controls to ensure only required stock is purchased.
  • Fixing the SKUs wise reorder level & automating the refilling process.
  • Easy generation of reports such as stock rotation, stock aging, dead stock etc.
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Stock Optimization
  • 100% hand-holding from store layout planning until the store opening.
  • Providing initial stock & manpower requirement planning.
  • Implementing ERP & processes to improve operational efficiency & avoid excess cost.
  • Effective MIS reports are available from T-1 day for performance analysis.
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New Store Launch Assistance

Few samples of our Achievements in the Retail sector

MANUFACTURING

Saved time taken for processing 1.5 lakh invoices for a apparel retail market leader

MANUFACTURING

12% reduction in Purchase cost & 18% reduction in inventory holding cost was achieved

MANUFACTURING

Reduction in 82.5% penal charges from brand owners after tracking back end and financial schemes

MANUFACTURING

Complete hand-holding for opening a retail store size of 50,000 Sq. ft. within 7 days

MANUFACTURING

Helped a large retail client reduce stock by ~35% along with an increase in revenue by ~30%

MANUFACTURING

100% on-time claim of supplier schemes saved revenue leakage of 27 lakhs in the 1st year for an electronics franchisee chain

MANUFACTURING

Product replenishment lead time reduced from 30 hours to 2 hours for a hypermarket player resulting in 80% reduction of stock out situations

MANUFACTURING

Increase in overall bottom-line by ~17% for a garment retailer in Tamil Nadu

MANUFACTURING

Strategically advised a garment manufacturer to expand EBO presence from 27 stores to 42 stores


We serve all Retail segments

Electronics

Electronics

Grocery

Grocery

Textile

Textile

F&B

F&B

Beauty & Cosmetics

Beauty & Cosmetics

Super & Hypermarkets

Super & Hypermarkets

Departmental Stores

Departmental Stores

Pharma

Pharma


Our Clients

vijay-electronics
chennai-silks
iplanet
MLP
pachaiyappa
pothys
otto
khivraj
viveks
madras
venfield
sks
params
chudidhaar-park

Testimonials




Contact



Locations

Chennai

27/7, Alagappa Rd
Purasaiwakkam
Chennai, Tamil Nadu 600084

Bangalore

310A & 310B Third Floor
Sigma Central Mall, Cunningham road
Bengaluru, Karnataka 560052

Bhopal

33, Geet bungalows, Phase - 1
JK Road, Near Minal Mall
Bhopal, Madhya Pradesh 462023

Vijayawada

No. 2, Wahad Towers
Masjid Street. Bhavanipuram
Vijayawada, Andhra Pradesh 520012

Drop us a note


FAQ’s

We have a standard man-day pricing for our services. Depending on the size of the business & scope of process consulting work, we estimate the number of days and number of team members required on-site to successfully deliver the project, based on which we share a quotation. You can be assured of a project pay-back within 1 month to 12 months.

Yes and that’s where our major strengths come from. We understand small businesses do not have enough resources or expertise to implement the organisation wide changes to get the desired results. For that reason, we provide end to end support for implementing each solution we have given at the ground level. We train your employees and handhold them till they get accustomed to the new systems and processes. We sign off only after we stabilise the new systems at your place and all of the employees involved are comfortable with the new systems.

We design our solutions considering the dynamic environment in which businesses operate. We keep them simple, flexible and comprehensive to cover all of the current and potential future business changes. Our clients are still following the same processes which we implemented 10 years back.

No. You need not invest in any software or change your employees. We design simple yet powerful solutions which can be implemented using the software and people you have. If there are few automation requirements which your existing software can’t accommodate, we use free tools available in the market such as Google suite, data studio, zoho analytics free edition etc to derive the desired output.

Yes. We provide our consulting services to clients across India in any city – Tier-1 and Tier-2. Our team travels to your place and works on a hybrid model of off-site and on-site to deliver the project. Our teams speak English and Hindi as well as local languages (Tamil, Telugu, Gujarati, etc.). Our central project management team closely monitors the project and ensures desired results are delivered to the client.

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