Streamlining Inventory Management

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

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Mackay address
10/46 Mulherin Dr, Mackay Harbour QLD 4740, Australia
Gold Coast
10 Krystle Court Upper Coomera QLD 4209
Contact With Us
Call us: 1300 763 833
stephen@vncaustralia.com.au
Working Time
Mon - Sat: 8.00am - 18.00pm
Holiday : Closed

Introduction

Utilizing Data Analytics and Inventory Optimization, VNC Australia streamlined inventory management for a global FMCG company, enhancing supply chain efficiency.

Client Background:

A multinational FMCG company faced challenges 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.

Challenge

Issues Faced by the Client

Manual inventory reconciliation and inconsistent supplier data led to discrepancies and inefficiencies.

Business Impact

Time-consuming manual processes affected inventory accuracy and operational efficiency.

Our Approach

Initial Assessment and Discovery

We conducted a detailed assessment of the company’s inventory management practices, identifying 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.
Data Integration: Consolidated supplier and inventory data 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 on the new automated systems.

Solution Deployed

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

Results Achieved

Efficiency
Reduced manual reconciliation time by 70%.
Accuracy
Increased inventory accuracy through automation.
Visibility
Enhanced visibility into inventory and supplier performance.
Cost Savings
Reduced operational costs through efficiency improvements
Strategic Planning
Enabled data-driven decisions in inventory management.

Conclusion

VNC Australia’s Inventory Management solutions improved the FMCG company’s supply chain efficiency, showcasing our expertise in optimizing inventory processes.

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Contact With Us!

Mackay address:

10/46 Mulherin Dr, Mackay Harbour QLD 4740, Australia

Call us:1300 763 833

Mon – Sat: 8.00am – 18.00pm / Holiday : Closed