Topographic Audit of Fertiliser Silos with Inventory of Stores, Distribution Centres and Factories
Case Study
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Distribution centres
3
Auditors
64
Inventory
Weight
A company that provides consulting services and develops software for corporate asset management and appraisal required the support of RGIS. The company was founded in 1952 and comprises of companies operating in United States, Latin America and Europe.
THE CHALLENGE
An asset management company was completing their financial due diligence because a Brazilian food company had sold all their assets in Argentina. The asset management company needed a solution to count inventory at the food company, which comprised of meat, so it had to be weighed to give inventory accuracy.
The asset management company required RGIS to provide the following:
- National coverage
- Complete inventory of stock in three different distribution centres
- Cost of goods to be included in reporting
- As the assets were from a large butcher’s shop, meat needed to be counted
Why RGIS?
Customers rely on RGIS for Inventory by Weight because our trained teams use precise weighing methods and consistent processes to deliver accurate, verifiable results that improve stock control, reduce discrepancies, and support confident operational decisions.
Our Solutions
The asset management company partnered with RGIS to complete the due diligence project, and RGIS provided the following:
Scheduled a team of 64 experienced RGIS auditors
Teams were split over three distribution centers
Weighed meat products and counted all other inventory items
Included costings of the goods within the reporting
Results
The asset management company found by outsourcing the due diligence project to RGIS, the following results were achieved:
A list of all the products including the meat items were completed with the value in local currency and US dollars
Reports were presented to the customer to define the cost of goods as part of the due diligence project
Conclusion
The process was completed on time and the customer was very happy with the reporting received.
