Client Background
The client is a prominent player in the retail trading sector and faced challenges managing a diverse inventory, spanning from retail products to warehouse operations.
The need for a unified system to streamline inventory and warehouse management processes became crucial to optimize operations and enhance decision-making capabilities.
Challenges
- Facing challenges to manage Inventory levels to meet demand.
- Lack of accurate tracking of inventory across multiple locations.
- Managing carrying costs, storage expenses, and optimize inventory-related expense.
- Impacting brand reputation and customer loyalty due to inconsistent availability of products & system.
Strategic Approach
- Developed a customized solution for efficient inventory management of retail products and warehouse operations.
- Integrated cutting-edge technologies like GPS, Barcode, RFID and, sensor technologies for real-time inventory tracking and warehouse monitoring.
- Implemente scalable architecture, ensuring seamless expansion without compromising data integrity or system performance.
- Role-based access control and encryption protocols for comprehensive data security.
- Seamless integration with existing systems through API interfaces.
Impact
- Reduced processing time by 19%
- Saving of working capital cost by 3-4%
- increase in operational efficiency by 20%
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