The biggest challenge was that the FMCG company was not utilizing technology properly in their Accounting and Inventory management functions. Too much of the work was still being recorded manually, which meant that the numbers took a long time to be analyzed.

Live data was also not available and decisions can only be made after all the required data was received. They knew they could corner more of the market if they could be more automated.

The work addressed three critical issues relating to Accounting and Inventory management for the FMCG company

Improve sales and operations

The teams focused their efforts on a few of the highest-value SKUs to review the current planning process, identify gaps in the inventory management and analytically understand demand and supply variability for their FMCG products.

Determine the right inventory level

With hundreds of SKUs, the company needed a proper method to predict and manage their inventory. Using a bespoke inventory management system, the teams defined appropriate inventory levels by mapping actual versus forecast sales for the most important SKUs.

Optimize the supply chain for perfect order planning

The diagnostics determined the critical factors that affected sales and service levels. The teams focused on resolving issues related to higher-than-normal back-orders and lead times, which stressed the entire supply chain and led to delays in products reaching the consumers.

The solution Anup N. Amatya & Associates came up with combined cutting edge technology with real-world practicality. Everyone knew that the systems had to be updated, the real challenge was updating them without negatively disrupting the whole organization.

The solution was to introduce automated inventory management and accounting system while providing mobile platforms such as bar-code scanners for efficient inventory management.

This allowed the FMCG company staff to be involved in the job instead of feeling like they had been made redundant by technology.