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Mine Save Mart Digital Transformation

Customer
Mine Save Mart
Project manager on the customer side
Muhammad Shafique
Head Of Information Technology | Project Management| MS Power BI| Dynamics 365 Retail , F&O
IT Provider
TMR Consulting Pvt Ltd (Tariq Mian Ramzan and Co)
Year of project completion
2024
Project timeline
November, 2023 - August, 2024
Project scope
1600 man-hours
Goals

These are the project's objectives.
Efficiency in Operations:

1. Boost logistics and supply chain management

2. Improve inventory control and cut down on stockouts.

3. Improve the scheduling and planning of production.

4. Simplify the delivery and distribution procedures

5. Cut down on waste and enhance quality assurance.


Growth in Revenue:

1. Boost market share and sales volume.

2. Introduce new products and broaden the product line.

3. Increase client loyalty and engagement.

4. Boost revenue management and pricing approach.

5. Expand into new regions and markets.

Customer-focused:

1. Enhance market research and customer insights.

2. Enhance customer experience through digital channels.

3. Develop targeted marketing campaigns.

4. Increase customer retention and loyalty.

5. Improve product customization and personalization.

6. Innovation and Digital Transformation:

7. Implement Industry 4.0 technologies (e.g., AI, IoT, blockchain).

8. Develop e-commerce and omnichannel strategies.

9. Enhance data analytics and business intelligence.

10. Implement digital supply chain management.

Project Results

The following are the outcomes of a project involving retail and commerce:

Quantitative Findings:

1. Sales Growth: Within six months, sales increased by 18%.

2. Inventory Reduction: Inventory expenses were cut by 22%.

3. Efficiency of the Supply Chain: 30% shorter cycle time.

4. Customer Satisfaction: scores for customer satisfaction have increased by 25%.

5. ROI (return on investment): 15% in a year.

Qualitative Findings:

Better Supply Chain Visibility:

1. Inventory and shipment tracking and monitoring in real time.

2. Improved Customer Experience: A smooth online and offline purchasing experience.

3. Enhanced Operational Efficiency: Streamlined workflows and automated procedures.

4. Improved Decision-Making: Analytics and insights based on data to make well-informed business choices.

Competitive Advantage: Distinguishing oneself with creative business solutions.

The uniqueness of the project

The following are some distinctive features of an FMCG project:
Business Goals:

1. Within six months, increase market share by 12%.

2. Reduce inventory expenses by 15%.

3. Increase supply chain visibility by thirty percent.

4. Increase client satisfaction scores by 20%.

5. Within nine months, introduce three new goods.

Project Extent:

1. Put Dynamics 365 for Finance and Operations into practice.

2. Connect to current CRM/ERP systems.

3. Set up the module for supply chain management.

4. Develop custom reports and dashboards.

5. Train users and ensure adoption.

Unique Features:

1. Integration with IoT devices for real-time inventory tracking.

2. Implementation of AI-powered demand forecasting.

3. Development of a mobile app for salesforce automation.

Utilization of blockchain for supply chain transparency.
Used software

Microsoft Dynamics 365 Retail & Commerce (Finance & Operation)

Difficulty of implementation

The following are some possible implementation challenges for Mine Save Mart (Retail and Commerce)

Technical Challenges:

1. Integration with current systems, such as POS, CRM, and ERP.

2. Data synchronization and migration.

3. The commerce platform's configuration and personalization.

Challenges in Business Processes:

1. Modifying workflows and business procedures.

2. Educating employees on new procedures and systems.

3. Handling supply chain interruptions and inventory.

Organizational Challenges:

1. Employee resistance to change.

2. Management of stakeholders and communication.

3. Adoption and management of change.

Challenges in Business Processes:

1. Modifying workflows and business procedures.

2. Staff training
Project Description

Overview of the Project:
One of the top FMCG (fast-moving consumer goods) companies, Mine Save Mart, wants to revolutionize its retail business by putting in place a complete digital solution. The project's objectives are to increase inventory control, streamline the supply chain, and offer a flawless online and offline client experience.

Business Goals:

1. Within a year, raise revenues by 15%.

2. Cut inventory expenses by 20%.

3. Increase supply chain visibility by thirty percent.

4. Increase client satisfaction scores by 25%.

5. Within nine months, introduce five new goods.

Range:

1. Put Dynamics 365 for Finance and Operations into practice.

2. Connect to current CRM/ERP systems.

3. Set up the modules for inventory control, order management, and supply chain management.

4. Create personalized reports

Deliverables:

1. Implemented Dynamics 365 solution.

2. Integrated supply chain and inventory management.

3. Configured order management and fulfillment.

4. Developed custom reports and dashboards.

5. Trained users and ensured adoption.

Timeline:

1. Project initiation: 3 weeks.

2. Requirements gathering: 5 weeks.

3. Configuration and development: 18 weeks.

4. Testing and quality assurance: 8 weeks.

5. Deployment and training: 6 weeks.

6. Go-live: 2 weeks.

Budget:

1. Software licenses: $.51480

2. Implementation services: $150652.

3. Training and support: $60000

Total budget: $262132.

Project geography

The summary of a Retail & Commerce (FMCG) project geography

Project Extent:South Asia is the region.
Country: Pakistan

Cities: Karachi, Islamabad, Rawalpindi, Wah, Abbottabad and Lahore

Project Sites:

1. Headquarters: Pakistan's Islamabad

2. Locations of distribution centers (Pakistan)

3. Retail Stores: more than 60 sites throughout The Pakistan

4. Warehouses: over ten sites throughout The Pakistan

5. Three locations (Islamabad) for logistics hubs

Geographical Factors:

1. Cultural and linguistic distinctions

2. Local laws and adherence

3. Diverse usage of technologies and infrastructure

4. Climate and environmental elements (temperature, humidity, etc.)

5. Closeness to vendors and clients

The Retail and Commerce Environment:

1. Online stores (like Save Mart)

2. Physical retail establishments, such as supermarkets and convenience stores

3. Digital payments and mobile commerce

4. Influencer marketing on social media

5. FMCG Market Trends for Omnichannel Retailing

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