We streamline your purchase & manage store / inventory
We implement standard operating procedures and documents and physically audit your inventory at store/kitchen on a regular basis. We bring transparency regarding your weekly spend and drive approx. 10% cost saving within the first 3 months of engagement
Scope of engagement
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Review/define store policies & setup PDCA measures
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Ensure proper vendor/purchase contracting: prices & terms
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Analyze demand & redefine order levels & order frequency
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Streamline store demand estimation & stock request
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Reorganize inline to FIFO
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Automate stock reordering
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Train client & operational team
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Vendor price benchmarking & performance rating
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Manage & supervise stock issue, wastage & pilferage
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Regular inventory audit
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Weekly & monthly report
Basic package
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Onsite visit once a week
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Review/define store policies & set up PDCA measures
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Ensure proper vendor contracting: prices & terms
-
Analyze demand & redefine reorder levels & frequency
-
Streamline store demand estimation & stock request
-
Reorganize inline to FIFO
-
Automate stock reordering
-
Weekly & monthly reports
Advanced package
Monday - Friday 11:00 - 18:30
Saturday 11:00 - 17:00
Sunday 12:30 - 16:30
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Onsite visit thrice a week
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Review/define store policies & set up PDCA measures
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Ensure proper vendor contracting: prices & terms
-
Analyze demand & redefine reorder levels & frequency
-
Streamline store demand estimation & stock request
-
Reorganize inline to FIFO
-
Automate stock reordering
-
Weekly & monthly reports
-
Manage & supervise stock issue, wastage & pilferage
-
Vendor price benchmarking & performance rating
Expert package
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Onsite visit 6 times a week
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Review/define store policies & set up PDCA measures
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Ensure proper vendor contracting: prices & terms
-
Analyze demand & redefine reorder levels & frequency
-
Streamline store demand estimation & stock request
-
Reorganize inline to FIFO
-
Automate stock reordering
-
Weekly & monthly reports
-
Manage & supervise stock issue, wastage & pilferage
-
Vendor price benchmarking & performance rating
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Vendor & Purchase quality management
Weekly summary report
An operational report will be submitted at the end of each week
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Stock summary: Opening stock balance, arrivals, issues, closing stock balance
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Details of the purchase orders generated in the week
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Stock arrivals: By vendor as well as by category & item
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Stock issued during the week: by item & category
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Stock deviation/ wastage/pilferage
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Slow/dead/ soon to expire stock items
Monthly analytics report
An analytical report focusing on trends & insights with regards to store performance during the month will be submitted:
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Stock summary: Opening balance, new arrivals, issues, wastage, closing stock balance
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Stock arrivals: split by vendors, categories & items
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Service level by categories & A items
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Vendor performance & rating
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Vendor benchmark
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Expenses
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Vendor payments
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Unpaid vendor invoice
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Store expenses
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Improvements required