Oem Stock Audit
Given the slump in vehicle sales, dealers often resist offtake, citing high inventory levels. However, given the status of the dealer network (it is not as organised as that of other industries), there has traditionally been a gap between stock levels on the ground and the system, thus necessitating the assessment of stock levels on ground.
How do we help vehicle manufacturers
We can help you in conducting dealer stock audits for your dealer network across the country by leveraging our ‘scanning and physical verification’ application, which is designed to serve the automotive sector. The key action steps of the program are:
Customising the scanning and physical verification application to suit your requirements, thus helping you with:
- Physical verification of dealer stock;
- Capturing of dealer outlet images;
- Generating real-time dashboards and audit reports.
Deploying a team across the dealer network to execute field audits
- Pan-India network is split into zones and each zone is project managed to ensure all locations of a dealer are covered simultaneously, as stock audit is conducted without halting operations, thereby necessitating the need to minimize the audit days at a dealer level
Conduct inventory reconciliation with details of stock available, stock transfers, pre-reported retails, etc.
Our scanning and physical verification application
Scanning
- Recording of audit results offline and uploading data on the server based on Internet connectivity
- Ability to capture pictures of exteriors and interiors of dealer outlets
- Dealer-/location-wise physical verification and stock reconciliation
- Compatible with both QR code and bar code
- Manual entry option for tampered labels (with mandatory photographs)
SYSTEM CONTROLS
- OTP-based authentication for user login thereby negating the possibility of unauthorized access
- Recording of user’s geographical location and timestamp for each vehicle scanned thereby negating the possibility of scanning remotely without physically verifying the vehicle
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Customized data validation controls for
OEM
REPORTing
- Real-time report generation for dealer sign-off
- Real-time dashboards for:
- Results of physical verification at the dealer / location level;
- Status of physical verification across the dealer network;
- Images of all dealer locations;
- Geo-coordinates of each scanned vehicle
Value Differentiators
- Customised development of an inventory verification tool to fit your requirements
- Our extensive knowledge of best practices for dealer stock audits based on similar engagements with multiple clients across different sectors
- Dedicated team of technology, auditing and sector professionals
- Ability to execute the mandate across India with support from local associate firms - trained professionals spread across major cities in India to verify the stock at your dealer outlets