Project Description
Client Overview:
A leading FMCG brand operating 24×7 city stores faced operational inefficiencies due to a rigid ERP system. Challenges included managing vendor payments, returnable stock, inventory allocation, and handling product expirations.
Key Challenges:
- Vendor Payment Delays:
The brand needed a WMS to record goods received against POs for timely vendor payments.
- Returnable Stock Management:
Quick return of non-performing stock to minimize risks and costs.
- Inventory Allocation:
Required automatic stock release and reallocation for efficient order fulfilment.
- UPC and Barcode Complexity:
Frequent UPC changes led to multiple EANs, complicating stock management.
- Cold Storage and Expiry Handling:
Temperature-sensitive products alerts for loading and for items to be expired soon to prevent stock wastage.
- Dark Store Replenishment:
Delays in replenishing dark stores resulted in stockouts and lost sales.
Holisol’s Customized Solution:
- Automated PO Management:
Enabled faster vendor payments by recording goods received against POs.
- Efficient Returnable Stock Management:
Quick return processing for non-performing stock to minimize holding costs.
- Dynamic Inventory Allocation:
Integrated SAP logic for automatic stock release and reallocation, ensuring timely order fulfilment.
- Multi-UPC Aliasing System:
Managed multiple barcodes for the same product, ensuring accurate stock tracking.
- Last-Pick Alerts for Temperature-Sensitive Products: Issued alerts for the final pick of temperature-sensitive items, ensuring product quality is maintained and shelf life is preserved.
- Expiry Management Alerts:
Prioritized near-expiry products for sale and blocked expired stock from being allocated to stores.
- Dark Store Replenishment:
Automated inventory replenishment for both dark stores and retail outlets, preventing stockouts.
Benefits:
- Cost Savings:
Customized and Delivered WMS at a competitive pricing.
- Faster Vendor Payments:
Improved vendor relationships and cash flow.
- Accurate Inventory Management:
Eliminated errors in stock tracking with multi-UPC management.
- Improved Order Fulfilment:
Faster stock reallocation, minimizing stockouts.
- Optimized Expiry Handling:
Prevented expired items from reaching stores, reducing waste.
- Seamless Dark Store Replenishment:
Ensured continuous stock availability, reducing sales disruptions.
Conclusion:
Holisol’s customized WMS streamlined the brand’s operations, reducing costs and improving performance across inventory management, vendor payments, and stock replenishment.
Interested in a tailored WMS solution for your FMCG Supply Chain? Contact [email protected].