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  • GST Cost Optimisation - Upload

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    nitya roongta
    7 views2 pages
    The document outlines an audit program to optimize costs after the implementation of GST in India. It discusses reviewing warehouse operations and logistics networks to shift to fewer facilities. It also recommends evaluating lead times, inventory levels, sourcing strategies and vendor relationships to improve efficiency. Additionally, it suggests revisiting financial contracts, product pricing, and ERP systems to maximize benefits and leverage of the new GST system.

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    GST Cost Optimization

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    The document outlines an audit program to optimize costs after the implementation of GST in India. It discusses reviewing warehouse operations and logistics networks to shift to fewer facilities. It also recommends evaluating lead times, inventory levels, sourcing strategies and vendor relationships to improve efficiency. Additionally, it suggests revisiting financial contracts, product pricing, and ERP systems to maximize benefits and leverage of the new GST system.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    7 views2 pages

    GST Cost Optimisation - Upload

    Uploaded by

    nitya roongta
    The document outlines an audit program to optimize costs after the implementation of GST in India. It discusses reviewing warehouse operations and logistics networks to shift to fewer facilities. It also recommends evaluating lead times, inventory levels, sourcing strategies and vendor relationships to improve efficiency. Additionally, it suggests revisiting financial contracts, product pricing, and ERP systems to maximize benefits and leverage of the new GST system.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    GST Cost Optimisation - Audit Program

    S.no. Process Sub- Process


    - Re-design of warehouse management
    - Consolidation or relocation of warehouses
    1 Shift to Fewer Facilities - Re-framing of logistics network
    - Sales and Distribution Network
    - GST advantage/leverage
    - Review of transportation routes
    - Re-calculation of inventory holding period
    2 Lead Time Efficiency
    - Re-calculation of lead time
    - Re-calculation of EOQ (if appilicable)
    - Revisiting vendor management
    3 Sourcing and Procurment - Rationalising vendor base
    - Re-visiting contract manufacturing
    - Re-visiting distribution Stratergies
    4 Impact on Finance & Working Capital - Re-visiting of contracts and negotiation
    - Revision of Product costing/pricing
    - Re-configuring the ERP system
    5 Technology
    - IT/ERP capabilities
    Documents Requested

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