How BigHaat increased their inventory efficiency by 90%

Procuzy optimized BigHaat’s by streamlining their procurement and inventory management processes, resulting in 90% improved efficiency, 85% decrease in inventory leakages, and 4% increase in profits.

About BigHaat

BigHaat is an online marketplace for agricultural products. They connect farmers with buyers from all over India.

BigHaat has been growing rapidly in recent years, and they were facing some challenges in managing their inventory and streamlining their procurement processes.

Industry: Agriculture

Company Size : 250 Employees

Location : Bangalore, India

Founded In : 2015

Features Used : Procure To Pay, Inventory Management, Sales

Main Challenges

Inventory leakage : Before procuzy, Bighaat had to coordinate multiple inventory management softwares which lead to discrepancies and difficult to track leakages.

Procurement and Warehouse management : Bighaat’s old procurement and warehouse management systems were not up to the task of handling the company's increasing volume of orders. eading to errors and delays, which was increasing the company's costs.

“Excellent product for P2P, for a complex solution, we went live with minimum changes." - BigHaat

Solution

Purchase Dashboard -

• A centralized platform for procurement processes, enabling better control and visibility.
• Features include order tracking, vendor management, and analytics for informed decision-making.

Inventory Management -

• A unified module for managing products across business units, improving tracking and control.
• Includes real-time visibility, forecasting, and automated replenishment to optimize inventory levels.

Ease of Use and Implementation -

• Emphasis on user-friendly interfaces and easy adoption across different locations.
• Intuitive navigation and customizable features facilitate collaboration and minimize training needs.

Shopify Integration

The combined efficiency of Procuzy integration with Shopify's user-friendly platform resulted in a significant 20% increase in daily orders.

Inventory and order syncing with Realtime Sales Order and Fulfilment Sync BigHaat was able to streamline their internal processes and eliminated stockouts and delays.

Automated returns and refunds kept customers happy. Plus, Bighaat managed product listings directly from Procuzy, ensuring accurate information and a dynamic catalog. This frictionless system fueled a 20% daily order surge, propelling Bighaat to e-commerce success.

Benefits

The implementation of Procuzy has simplified Bighaat’s procurement , Inventory management and sales processes :

Enhanced efficiency : By centralizing all of BigHaat’s processes on a single platform significantly improved procurement efficiency, leading to time and cost savings.

Streamlined Procurement : procuzy’s robust sourcing capabilities provides access to an extensive supplier database, streamlining the supplier selection process.

AI powered demand forecasting : it predicts demand patterns by analyzing data points, market trends and external factors. Which enables Bighaat optimize their inventory levels reducing both stock and shortages.

Conclusion

Procuzy has helped BigHaat completely revamp and streamline their procurement and inventory management processes. The insights provided by procuzy led to decrease in inventory leakages and increased efficiency ultimately leading to increase in profits .