Reducing Store Planning and Implementation Costs with SmartSpace® Solution
Case Study
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An international snack product manufacturer produces snacks for over 150 countries around the world with iconic global and local brands, required the support of RGIS. One of the largest snack companies in the world with global net revenues of $25.9 billion and net earnings of $3.4 billion in 2018. With operations in more than 80 countries and employing around 80,000 in factories, offices, research and development facilities and distribution activities around the world.
THE CHALLENGE
The customer required RGIS to provide the following:
- Stock count of all products
- Reduce the existing time taken to conduct an in-house stock count of 12 hours
- Stock count to take place out of hours so not to disrupt manufacturing or distribution
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Why RGIS?
The snack product manufacturer wanted to replace the current in-house stocktaking with an experienced stocktaking company.
Our Solutions
The snack product manufacturer partnered with RGIS to complete the change from in-house stock count project, and provided the following:
Utilised tablet technology
Scheduled the stock count to take place on a Sunday
Used lifting platforms to access high levels that stock was held on
Results
The snack product manufacturer found that by outsourcing the change from in-house stock count project to RGIS, the following was achieved:
By having the stock count on a Sunday there was no disruption to manufacturing or distribution
Reduced the time the stock count took, from 12 hours in-house to 7 hours with RGIS
Accurately reported exactly what stock was held
Conclusion
By transitioning from an in-house process to RGIS, the snack product manufacturer significantly improved efficiency, accuracy and operational continuity. The stocktake was completed out of hours with no disruption to manufacturing or distribution, while reducing count time from 12 hours to just 7 hours. Through the use of technology and experienced auditors, the manufacturer gained precise, reliable visibility of all stock holdings, delivering a faster, more controlled and professionally managed inventory process.
