VGNC
Phone: +91 9810666554 , +91 7668010101
VGNC VGNC
  • Home
  • About us
    • Management
    • Career
  • Our Service
    • Risk & Assurence
      • Financial Accounting Advisory
      • Audit & Review of Financial Reporting
      • Internal Control Assurance
      • Third Party Assurance
      • Forensic Services
    • Tax & Regulatory
      • Direct Tax
      • Indirect Tax
    • Legal Services
      • Insolvency and Bankruptcy Law
      • Anti-Money Laundering
      • White Collar Crime
      • Serious Frauds & Investigation
      • Benami Property Law (PBPT)
      • Corporate Law 
      • LMA Services
      • Intellectual Property Rights
  • Clients
  • Industry
    • Retail & e-Commerce
    • Real Estate, Infrastructure & Construction
  • Blog
  • Contact Us
For Inquiry
VGNC
VGNC
  • Home
  • About us
    • Management
    • Career
  • Our Service
    • Risk & Assurence
      • Financial Accounting Advisory
      • Audit & Review of Financial Reporting
      • Internal Control Assurance
      • Third Party Assurance
      • Forensic Services
    • Tax & Regulatory
      • Direct Tax
      • Indirect Tax
    • Legal Services
      • Insolvency and Bankruptcy Law
      • Anti-Money Laundering
      • White Collar Crime
      • Serious Frauds & Investigation
      • Benami Property Law (PBPT)
      • Corporate Law 
      • LMA Services
      • Intellectual Property Rights
  • Clients
  • Industry
    • Retail & e-Commerce
    • Real Estate, Infrastructure & Construction
  • Blog
  • Contact Us

TURNING A DUMPED WAREHOUSE INTO ACTION

TURNING A DUMPED WAREHOUSE INTO ACTION

The need of situation

A reputed brand in retail asked us to streamline one of its inefficient warehouse of one lac square feet dumped with 20 lacs of slow moving inventory consuming huge warehouse space hardly supplying merchandise as retrieval of desired inventory from dump of stock was next to impossible. The unusual high level of inventory was recent closure of  other warehouses the stock from them being displaced and dumped to above warehouse put up for our task.

 The challenge we faced

The inventory at that warehouse was really a dump as all the stock with minor major repair requirements were being dispatched from all stores to that warehouse facility, apart from fresh stock which was also mixed up. Stocking and staking was in too bad a condition. Segregating and disposing off this huge inventory was an arduous task, which nobody was willing to undertake.

The solution we offered

Task which nobody is ready to undertake, VGNC gracefully accepts as its coveted job to help out its clients. We deployed a dedicated team with requisite patience. The warehouse was divided into 20 zones with 20 dedicated tams assigned to each zone. The entire inventory was physically counted, and segregated.  The defective stock for want of minor repair and refurbishment was sent for necessary job. The damaged stock beyond any correction was written off. The fresh stock was properly stacked and updated in system inventory ready for pick up by any selling store.

The results we achieved in 72 hours

The successful completion of task not only released the warehouse space, it released saleable stock into the fleet of moving inventory ready to occupy its space at stores shelf.

  • Financial Accounting Advisory
  • Audit & Review of Financial Reporting
  • Internal Control Assurance

Archives

  • October 2023
  • July 2022
  • June 2022

Categories

  • Uncategorized

“A Partner You Grow With” VGNC is a business advisory firm in India with its head office in Delhi.

Instagram Facebook Linkedin

Overview

  • Services
  • Industry
  • Who we are
  • Tax Notifications
  • FAQs

Quick Links

  • About Us
  • Privacy Policy
  • Terms of Use
  • Contact Us

Business Info

Flat No. 419, F 14 Competent House Fourth Floor, Connaught Place, New Delhi-110001

vgnc@vgnc.in
+(91) 9810666554

@2023 VGNC. All Rights Reserved