Case Studies

Completion of 7 lakhs Apparel stock in warehouse in 48 hours

  • Category :Financial Planning
  • Client :Banking
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Challenge

A reputed Group required complete warehouse audit of Apparels of more than 7 Lakhs Qty in just 48 hours, to avoid any loss due to audit like store movement to stores and store sale loss due to stock shortage at stores. As per current process, this much Qty gets audited between 7 to 10 days. This results more cost to client and it also affect to business.

  • Some new Process and strategy was needed.

  • Need to plan something different to minimise the cost and time both.

Solution

NHBS LLP leaders started thinking and planning to fulfil the client requirement and they have planned to achieve this goal accordingly and experienced staff made this new plan succeeded and accomplished the new target with accuracy and timeline.

NHBS LLP Inventory team completed 5 Lakhs Qty in just 24 hours with approx 70% reconciliation and posting of reconciled stock, and other pending activity is completed on other 24 hours. So all the targets has been achieved within 48 hours.

Results

With the new Plan and Strategy and NHBS LLP Skilled and experienced auditors, the retailor now completes their Inventory within 48 hours for more than 7 Lakhs Qty.

Accurate inventory results are now possible within 4 time less duration.

Business is not more affected due to inventory audit.