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.
To automate inventory reconciliation and optimize supplier statement management, improving accuracy and efficiency.
Manual inventory reconciliation and inconsistent supplier data led to discrepancies and inefficiencies.
Time-consuming manual processes affected inventory accuracy and operational efficiency.
We conducted a detailed assessment of the company’s inventory management practices, identifying areas for automation and improvement.
Our Supply Chain Analytics and Inventory Management Experts devised a plan to automate inventory and supplier statement reconciliation processes.
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.
Reduced manual reconciliation time by 70%.
Increased inventory accuracy through automation.
Enhanced visibility into inventory and supplier performance.
Reduced operational costs through efficiency improvements
Enabled data-driven decisions in inventory management.
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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