Company Overview
A leading Indian furniture brand known for offering international-style furniture at affordable prices. The company operates many retail stores across India along with a strong online presence, catering to a diverse customer base.
Despite its expansive operations, the company faced significant challenges in inventory management due to excessive stock accumulation in their warehouses and retail stores. This inefficiency led to space constraints and logistical issues, impacting overall operational efficiency.
Challenges
- Unregulated stock accumulation leading to storage constraints.
- Lack of automated controls in transfer orders, causing inefficiencies.
- Overstocking in stores without restriction, leading to wasted resources.
- Manual processes delaying stock movement and decision-making.
Our Team’s Approach & Solution Implemented
Our team analyzed the inventory challenges, collaborated with the client, and implemented a customized inventory management solution using Microsoft Dynamics 365 Finance & Operations (D365 F&O). The solution set stock limits, automated transfer orders, and optimized stock distribution.
Key Customizations in D365 F&O:
1. Automated Inventory Control
- Set minimum and maximum stock limits per store.
- Restricted overstocking by enforcing predefined transfer quantities.
2. Optimized Transfer Orders
- Custom rules ensured stock limits were followed.
- Automatic validation prevented excess stock allocation.
3. Improved Supply Chain Efficiency
- Streamlined stock distribution from the central warehouse.
- Reduced delays and manual intervention in transfers.
4. Error Reduction & Compliance
- Custom error messages prevented stock threshold breaches.
- Standardized inventory processes improved compliance.
Implementation Outcome
- Eliminated overstocking, optimizing warehouse space utilization.
- Automation of transfer orders, reducing manual errors.
- Enhanced inventory forecasting, improving supply chain responsiveness.
- Reduced workload on inventory teams, allowing better resource allocation.
Conclusion
By leveraging D365 F&O, the company successfully optimized its inventory management processes. The automated stock control system, efficient transfer order mechanism, and real-time validation streamlined operations, minimized waste, and improved decision-making. This case study highlights the power of Microsoft Dynamics 365 Finance & Operations in revolutionizing inventory management for large-scale retail businesses.