How We Helped A Client With Efficient Inventory Management and Stock Clarification

Challenges

Our client, an Electronics Importer, was facing issues in identifying damaged stocks within their inventory.

They were failing to find the discrepancies within their stock and did not know how to resolve them. This led to delays in production schedules and other business processes.

Due to this, they faced an overall loss in revenue generation, making it more difficult for them to operate their business seamlessly. They needed to find a solution to identify discrepancies faster, and to recover their loss as soon as possible.

Solutions

Our team of professionals provided assistance to the client in the following ways:

1: Our team conducted detailed stock audits to check for discrepancies.

2: We helped identify damaged inventory immediately.

3: We streamlined stock records through automated tools.

4: Our professionals assisted in clarifying discrepancies with suppliers.

5: We ensured there were no more errors in the management of stocks.

Results

With NextGen’s expertise, this is what our client accomplished:

1: The client reduced the stock losses by 30%

2: We helped improve overall inventory accuracy.

3: There were no more discrepancies in the stocks.

4: We helped to greatly enhance their profitability.

5: Our client was free from worries about compliance issues.