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Harnessing our Accounts Management and Supply Chain Solutions, VNC delivered comprehensive financial and supply chain solutions for a leading Australian plumbing and water harvesting products company. This partnership, lasting 13 years, has supported their expansion and financial growth across multiple countries.
Client Background
An enterprise client based in Australia, specializing in plumbing and water harvesting products. As VNC’s first client, they have been with us for 13 years. They have expanded their operations from Australia to India, USA, NZ, Netherlands, UK, South Africa, and have worked on multiple projects with the UN.
To transform the client’s disorganized financial and supply chain processes into streamlined operations, enabling accurate financial reporting, effective accounts management, and optimized inventory levels.
Initially, the client faced significant challenges with broken processes, inaccurate financials, ineffective accounts management, and excessive inventory levels leading to financial strain.
Disorganized accounts and high inventory levels resulted in financial instability, the need for multiple business loans, and inefficient business operations.
Our Business Consulting and Strategy phase involved evaluating the client’s financial and supply chain processes, identifying inefficiencies, and developing a comprehensive improvement plan.
Our Financial Experts and Supply Chain Specialists designed strategies to streamline accounts management, reduce inventory levels, and implement new technologies for inventory planning and financial forecasting.
1. Accounts and Finances: A dedicated team of four handles day-to-day AP, AR, bank and credit
card management, payroll, fixed assets management, month-end closing, financial reports,
budgets, cash flow forecasting, and financial planning.
2. Supply Chain Management: A dedicated team of two manages inventory planning, forecasting,
budgeting, supplier portal implementation, and landed cost improvements.
3. Automation and Integration: Implemented new technologies for efficient inventory planning
and financial forecasting.
Transformed disorganized accounts into accurate, timely financial reporting and effective accounts management.
Reduced inventory from 9-10 months to 5.5 months, improving financial stability.
Achieved surplus funds of $2 million in the bank.
Expansion: Supported the client’s expansion into multiple countries and diversified sales channels (e-commerce and physical sales).
Enabled business owners to focus on growth while the dedicated team managed day-to-day operations and process improvements.
Through our comprehensive financial operations and supply chain solutions, VNC Global has supported this plumbing and water harvesting products company for 13 years. Our partnership has driven their financial efficiency, reduced inventory levels, and supported their global expansion. The client now benefits from accurate financial reporting, optimized inventory management, and strategic decision- making, solidifying VNC Global as key business partner in their growth journey.
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