Client Overview

Our client, a large listed pharmaceutical company in the UAE, was facing significant challenges in managing inventory across its extensive warehouse network. With an inventory valued at over 200 million AED, maintaining accurate stock counts was critical for operational efficiency and financial reporting.

The Challenge

The client encountered several inventory management issues, including:

  • Discrepancies in stock records across multiple locations
  • Inconsistent inventory tracking methods
  • Operational inefficiencies leading to inaccurate inventory valuation
  • High risk of financial misstatements due to inventory mismanagement

Our Solution

Build Your Business deployed a dedicated team to conduct a thorough physical inventory count across the client’s 25+ warehouses. Our approach included:

  1. Comprehensive Planning & Execution – Developed a structured approach to counting inventory, ensuring minimal disruption to daily operations.
  2. Dedicated Inventory Team – Hired and trained a specialized team to efficiently perform the stock count with precision.
  3. Advanced Tracking & Validation – Implemented systematic checks and balances to ensure accuracy throughout the process.
  4. Detailed Reporting & Reconciliation – Provided the client with detailed reports highlighting variances and actionable insights for improved inventory control.

Results

  • 100% Inventory Count Completion – Successfully counted all inventory across 25+ warehouses in just 2 months.
  • Variance of Less Than 1% – Achieved exceptional accuracy in inventory reporting.
  • Improved Inventory Management – Enhanced the client’s ability to track and maintain accurate stock levels.
  • Operational Efficiency Gains – Streamlined processes for future inventory counts, reducing errors and saving time.