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Concentric Consulting is a leading business consulting firm based in Chennai, Tamil Nadu, specializing in Data Analytics, Business Process Reengineering, Performance Transformation, and Market Research. We not only provide solutions but ensure their sustainable implementation to drive business success.

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Portfolio Details

Inventory Optimization for Palaniappa Silks

We optimized inventory from 4 crores to 2 crores over 8 months, improving cash flow and enabling timely supplier payments.

  • Client: Palaniappa Silks
  • Categories: Business Process Reengineering

The Challenge

Palaniappa Silks faced a significant challenge with excess inventory, which was tying up capital and affecting their cash flow, leading to delayed supplier payments and operational inefficiencies.

The Solution

To address this challenge, we implemented the following solutions:

  • Comprehensive inventory audit to identify slow-moving and obsolete stock.
  • Optimization of reorder points and quantities based on sales data and forecasts.
  • Implementation of an inventory management system to monitor stock levels in real-time.
  • Regular training for staff on inventory control best practices.
These measures led to a significant reduction in inventory levels, freeing up capital and improving cash flow, allowing for timely supplier payments and better overall financial health.

Popular Questions

Explore the most asked and answered queries about our BISA process. Satiate your curiosity with insightful responses here!

BISA (Business Insights and Strategic Actions) is a comprehensive assessment process designed to identify quick wins and areas for improvement in your business operations. It provides a roadmap to business excellence by uncovering immediate opportunities for enhancement.
BISA can help your business by increasing efficiency, reducing costs, enhancing productivity, improving customer satisfaction, and enabling data-driven decision-making. It provides actionable insights and recommendations to drive business improvement.
The BISA process involves initial consultation, data collection and analysis, preliminary findings and recommendations, detailed diagnosis (upon greenlight), and solution implementation and monitoring. Each step is designed to uncover the potential of your business and provide actionable insights.
We ensure the success of BISA initiatives by involving all stakeholders, conducting thorough analysis and planning, and providing the necessary training and support. Our approach is focused on delivering measurable improvements and sustainable results.
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