The client is a leading retail giant in the GCC with multiple stores and warehouses across geographies and a large product portfolio spanning departments like FMG, Electronics, Clothing, Household products, etc. To overcome opportunity loss due to stockouts and reduce excess inventory levels, the client sought an organized reporting framework to track their inventory, replacing their sub-optimal inventory management system. The client needed to design and develop an advanced BI dashboard with an exhaustive view of the current stock status of stores, warehouses, product categories, and SKUs. They also aimed to streamline inventory management using scientific techniques and improved methods to assess their stock levels.
TurnB comprehended the client’s inventory management methodologies involved in procurement, internal transfers, warehousing, etc., and incorporated an approach to develop a custom framework to optimize inventory management.
The shift to an advanced BI reporting framework enabled the client to better monitor their inventory and optimize it through improved tracking of stockouts, deadstock, slow-moving, and excess stock. This, in turn, reduced significant loss of sales and optimized inventory cost.