Objective
Client wanted us to conduct stock audits across its pan India distributor network in order to evaluate the inventory levels which would act as a key input in formulation of production strategy, distribution strategy and incentive plan for these distributors.
Approach
Key activities in project execution involved:
- Profiling and sourcing of seasoned auditors confident to carry out large volume stock audits
- Auditor training on audit process and flow of activities to ensure fool proof stock evaluation
- Visit planning as per the dates and time frames provided by the client
- Visit validation and report validation with appropriate photographic and document proofs
Some of the challenges that we faced were:
- All audits across 100+ cities were to be completed in just 3 days
- All warehouses located in different cities under same distributor had to be covered on same day
- Actual warehouse count increased significantly from the list previously given
Outcome
- All the assigned warehouses spread across 100+ cities were successfully audited within the short window of 3 days
- Audit reports captured the individual IMEI number of the handsets (smart phone models, feature phone models and tablet models)
- Distributor-wise and item-wise count of inventory lying in the warehouse was reported to the client
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