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Our Process: How We Plan Your Inventory

Where as traditional way is to hire a demand planner, we do the similar job in much more effective way at a far lesser cost. Dive deep into our systematic approach to bring profitability into your business through inventory techniques

01

Data Validation

Whether its on you ERP or any transactional system, we first ensure we have the RIGHT number. More the numbers, its critically important to understand where and when the data was recorded and is it authenticated.

02

Data Adjustment

Numbers can be skewed and may be a reflection of various causes. We dig deeply into your number and sources of collection and do a root cause analysis over two to three years of historical consumption depending upon the nature of the business.

03

Model Development

The nature of products and at what stage of its total life s a critical element before modelling starts. Some extra drivers like cannibalization due to the new products developements are taken into account before a basic mathematical model is applied to develop unconstrained forecast

04

Constrained Sales Forecast Plan

This is final stage before we submit you the revenue projections for your business for the next 6 to 12 to 24 months depending upon your business. All necessary drivers such as promotional, sales and marketing are taken into considerations before we prepare final sales outlook. This process involves closed collaborations with various departments and stakeholders

05

On Hand Inventory Analysis

This is vital planning phase. A business may have inventories at various locations which  sometimes go unnoticed plus there may be any inbound stock with a varying arrival dates . A good purchase plan cannot be complete without an accurate inventory analysis and taking into account any allocated stock that may affect the final quantities to a great level

06

Purchase Requirement Plan

We shall develop a preliminary purchase plan that will focus on meeting optimal service level in order to attain highest return on your inventory investment withput compromising on customer service

03

Containerization & Palletization

Whether you import, or you procure locally, the final purchase plan is pivoted on your arrangements with the suppliers and MOQs. It is the final stage where we take into account the financial, logistical and supply constraints to come up with detailed Purchase Requisitions Summary ( PRS) that will give you an action plan you need the most to stay ahead of your inventory game

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