stocktaking case study

Hypermarket Fixed Asset Tagging and Asset Count

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Customer

  • Sector

    update existing asset register

    One of Mexico’s leading hypermarket chains, operate a total of 65 retail outlets, required the support of RGIS. The hypermarket chain sells general grocery products, fresh fruit and vegetables, meat and fish, soft drinks, alcohol, as well as pet food and accessories, among others.

    THE CHALLENGE

    The hypermarket chain required RGIS to provide the following:

    • Verify assets in 34 hypermarket stores
    • Count all assets on the sales floor, in the back room, offices and the maintenance area
    • Update the existing asset register with correct assets and locations
    • Tag new assets

    Why RGIS?

    The hypermarket chain needed a solution to update the existing hypermarket asset register and tag new assets which were not on the asset register.

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    Our Solutions

    The hypermarket chain partnered with RGIS to complete the hypermarket asset count project, and provided the following:

    • Scheduled two experienced RGIS auditors per store

    • Assets checked against existing asset register, provided by the customer

    • Verified locations were correct on the existing asset register, and updated where applicable

    • Accurately tagged all new assets and added to the asset register

    Results

    The hypermarket chain found by outsourcing the hypermarket asset count project to RGIS, the following results were achieved:

    • Reporting output included all assets that were found, missing and new assets

    • Verified the asset detail and location on the asset register

    • Identified assets the customer were unaware they had, which could be moved to other stores

    Conclusion

    Identified old assets that had not been removed from the asset register, and new assets had not previously been added to the asset register and required tagging.

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