1. Suggested Improvement on F & V Operations
S
No
Process Present Method Proposed Method
1 Purchase Request
Creation
 Completely Manual.
 Planning Horizon – 1 day
 Accurate projections only for Top
SKUs as based on memory
 System Generated –
Automated process.
 Planning horizon increased
to 1 week.
2 Purchase Order
Creation
 No consolidation of PRs from
various stores.
 Automatic consolidation of
PRs into single PO.
 Auto mail from System to
Vendors on SKU and Reqd
Qty and Delivery Date
3 Price Updating in
System
 Manually calculated and updated
in System.
 Criteria like Wastage % &
Margin % fixed in System.
 Automatic calculation by
System based on pre-
defined Pricing Rule.
 Automatic updating in
System (protocol based)
4 Goods Receiving in
Stores
 Goods are weighed at the time of
receipt and weights manually
noted down.
 Weighing machine
integrated with live terminal.
 Automatic transfer of weight
from weighing machine to
System.
5 Goods Receipt Note  Vendor Bills are verified and
updated in System
 No Change proposed.
6 Issue to Sales Counter  No separate process  New process introduced.
7 Issues to Internal
Consumption and
Dumping
 No Separate process  New Process introduced.
8 Price Tag Printing  Manual Slips written and stuck on
the Crates
 Price Tag Printer
introduced.
9 Markdown Sales  No separate process for 2nd
grade
/ Discount sales
 New Process introduced.
10 Store Returns to back
Stores
 No separate Process  New Process Introduced
11 Stock / Inventory
Management
 No such process.  New Process introduced.
 Complete visibility of stocks
brought in by the new
process.
12 EOD Process  No such process  New Process.
 Complete check & Balance
introduced in system
Investment Proposal
 Capital Investment of ₹ 12 Million proposed both for ERP and WH set up.
 Process Blue printing of ERP processes will be taken up once ERP vendor is finalized.
 Payback period is just 22 months.