Our Asset Assurance Services primarily address risk mitigation needs related to the front-end supply chain and our customers for these services include leading FMCG players, fertilizers and retailing companies
We offer these services across entire front-end supply chain, viz., manufacturing plants, depots / warehouses, dealers/ distributors and retail stores/ retail outlets
Key Capability Areas
We have the capability to execute the physical verification on PAN India basis in more than 150 cities in India. These include:
- STOCK AUDITS
- Stores Compliance audit
- Fixed assets verification
- Visual Merchandising Audits
- Mystery Shopping
- VENDOR RECONCILIATION
At Dealer/ Distributor level, we can help you with
- Pre-appointment due diligence on distributors
- Stock and sales validation
- Verification & Certification of damage claims
- Price Protection audit
- Accounts reconciliation
- Claims Verification and Processing
At manufacturing plants, we can help you with:
- Plant Audit
- Stock audit
- Operations audit
- Fixed Assets verification
- Concurrent stock audits
- Pre-appointment due diligence on C&F agents
- Stock audit
- Operations audit
- Fixed Assets verification
- Internal audits at branches / warehouses
Key highlights for our Approach constitutes:
PLANNING
- Establishing man-power requirement for all plants/warehouse/C&F agents visits
- Ensuring coverage at all the locations
- Assigning the right skill to respective regions/ locations and ensuring independence in the overall process
- Availability of accurate and updated stock listing
- Support from warehouse keepers/C&F agents for conducting detailed stock count
- Cost efficient logistic arrangements for reaching out remote locations
- Overcoming language barriers in different regions/ locations
Standardized documentation of stock counts performed for future reporting and reference
REPORTING
- Implementing a Management reporting framework for a real time and accurate reporting of stock variances with detailed root cause analysis
- Assigning responsibility and timelines for action on stock count variances
For a couple of customers, we have created dedicated teams to handle stock audits on a concurrent basis to enable better stock controls and minimize losses arising on account of shrinkages
For the growing Retailing Industry, we offer multiple valuable services like Designing of
Standard procedures for conducting Stock Audits across the regions, designing standardized Reporting documentations, for various categories of retailers that include grocery chains, eateries, clinics, garments, life style products and jewelers.