Use Case – Inventory Planning
The Company
A multinational company of Gems, specializes in manufacturing and retailing fashion jewelry and lifestyle accessories. Its products are distributed through home shopping channels named Shop LC in the United States and TJC in the United Kingdom. The company's headquarters are located in Jaipur, India.
- ~$250M Revenues
- 30+ Sourcing Countries
- ~3k+ Workforce
- 10 units and consolidated report for Accounting and submission to FI
- 3 DB Systems for each unit
- Extensive manual working on excel
- Multiple valuation methods at item level for Quantity and Value
- Drill down information unavailability
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Inventory Planning
Mitigating potential challenges in sales and fulfillment while maintaining elevated levels of customer satisfaction.
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Reporting
Internal reports used to run the organization, make business decisions, and monitor progress to make more accurate, data-driven decisions.
- Unit level reporting for each DB
- Consolidated report
- Store level valuation available
- Integrated with all DB
- Periodic reporting
- Trend analysis
- Identification of High stock items
- 10 units & Consolidated report
- 200+ Store level report
- Automated and controlled process
- Integrated
- Real time stock value
- Inventory management
- Maker checker & User based access
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