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Precision in Motion: Inventory Audit Transformation for a Leading Textile Manufacturer

Ensuring accuracy, transparency, and operational efficiency across a 150,000 sq. ft. warehouse.

A leading corporate entity in the textile manufacturing sector—known for its premium products and large-scale distribution network wanted to strengthen its inventory accuracy and bring complete visibility into warehouse operations. Managing a vast inventory across a 150,000 sq. ft. facility posed challenges that directly impacted operational efficiency and financial reporting. To address these concerns, the company partnered with Wisecor to conduct a comprehensive inventory audit designed to deliver clarity, control, and confidence.

Dedicated 26-member expert audit team

150,000 sq. ft. warehouse coverage in 5 days

Advanced audit tools and methodology

Client

The client is a leading, publicly listed textile manufacturing company recognized for its premium-quality products and robust nationwide distribution network. With large-scale operations and extensive warehousing facilities, the company maintains a diverse inventory that requires accurate and timely audits.

Scope of work

Wisecor deployed a specialized team to execute a structured 5-day audit program: Full physical inventory verification Reconciliation of system records vs. physical counts Identification of discrepancies and stock mismatches Documentation of findings and corrective insights Coordination with client teams for validation Recommendations for future process optimization

Geography Serviced

Bhiwandi, Maharashtra (India) Inventory Auditing Warehouse Process Optimization Inventory Reconciliation Internal Controls Strengthening Data Validation & Compliance

Industry Serviced

1. Inventory Audit & Verification Services For validating stock accuracy, reconciling discrepancies, and ensuring proper documentation. 2. Warehouse Management & Optimization Services Supports large warehouses in streamlining operations, storage, tracking, and controls. 3. Supply Chain & Logistics Audit Services Ensures transparency, accuracy, and efficiency across distribution networks. 4. Operational Audit Services Identifies gaps in processes, controls, and inventory management practices. 5. Internal Audit & Compliance Services Ensures adherence to accounting standards, operational policies, and regulatory norms. 6. Process Improvement & Efficiency Enhancement Services Targets end-to-end operational improvements using Lean, Kaizen, Six Sigma, etc. 7. Risk Assessment & Control Review Services Addresses financial risks, stock losses, pilferage, and process failures.

Client Challenges

The textile manufacturer needed support in conducting a detailed, end-to-end inventory audit across a massive warehouse facility. Their key challenges included:

  • Managing high SKU volumes across multiple product categories

  • Ensuring complete accuracy in physical inventory counts

  • Identifying and reconciling discrepancies in stock records

  • Maintaining operational efficiency while auditing a large area

  • Strengthening internal controls for future inventory cycles

These challenges impacted transparency, operational trust, and financial accuracy

Wisecor’s Solution

To meet the client’s expectations and timeline, Wisecor implemented a customized, high-efficiency audit framework:

  • Deployed a team of 1 Chartered Accountant (CA), 5 Senior Executives & 20 Executives

  • Conducted meticulous coverage of all inventory items across the 150,000 sq. ft. warehouse

  • Applied advanced auditing techniques for accuracy and time efficiency

  • Verified inventory counts and reconciled mismatches

  • Documented findings with clarity, enabling the client to take immediate corrective action

  • Strengthened internal controls to reduce future discrepancies

  • Ensured seamless collaboration with warehouse staff to maintain operations without disruption

This structured approach helped uncover issues quickly and provided actionable insights for long-term improvements.

Impact Generated

  • Improved accuracy in financial reporting

  • Enhanced visibility across product categories

  • Stronger operational efficiency

  • Reduced potential losses due to discrepancies

  • Faster decision-making supported by reliable data

  • Reinforced trust in inventory processes

Outcome

Wisecor’s comprehensive audit delivered significant operational value:

  • 100% clarity in inventory counts

  • Full reconciliation of physical vs. system records

  • Identified and rectified discrepancies, enhancing financial accuracy

  • Strengthened internal controls for future audits

  • Improved transparency across the warehouse

  • Reduced risks, delays, and inaccuracies

  • Enhanced overall inventory management compliance

The client now operates with greater confidence, backed by cleaner records and a more reliable inventory management structure.

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