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Reorganised, checked and certified inventory
Challenge
For several years, the existence of spare parts stock could not be properly tested due to poor warehouse organisation and improper stocktaking procedures, which lead to qualified audit reports. Poor warehouse organisation also impacted the performance of repairs and maintenance.
Solution
The Mazars team proposed a series of actions to improve warehouse organisation that allowed the client to more quickly identify and locate items. In addition, new stocktaking procedures were drafted and, following a training organised for the client's employees on the new stocktaking procedures, an inventory was taken by mixed teams – Mazars and client employees.
Impact
Warehouse organisation improved significantly and allowed the client to increase the stocktaking performance for two consecutive years.