Arca, Xeleen Elizabeth N., Bello, Michelle Anne P., Carreon, Abigail D., Eleuterio, John Gabriel P., Gemeniano, Pamela Joy T., Mendoza, Realyn Ann S., Otial, Francheska S., Zaaria, Nor-Aylah S.
A Five-Year strategic financial plan for Wilcon Depot, Inc.
- Financial Plan: (BSBA major in Financial Management) - Pamantasan ng Lungsod ng Maynila, 2024
ABSTRACT: Wilcon Depot Inc., the Philippines' leading home improvement and construction supplies retailer, has long been recognized for its commitment to quality products and exceptional service. However, over the past five years, the company has faced significant challenges in sales performance and inventory management, particularly due to the misalignment of inventory levels with market demand. This strategic financial plan aims to address these issues by enhancing inventory efficiency through targeted sales growth, increased inventory turnover, and optimized operational practices. The plan involves a comprehensive financial analysis, competitive benchmarking, and the evaluation of innovative inventory management strategies to identify sustainable solutions. Proposed measures include implementing Activity-Based Costing (ABC) to refine pricing strategies, adopting Just-In-Time inventory systems to reduce overstocking, and leveraging a consignment model to align stock with customer demand. By integrating these strategies with Wilcon's existing Infor M3 ERP system, the company is poised to achieve a projected revenue growth of up to 15%, improve inventory turnover to 6.00x, and strengthen its market leadership. With a focus on enhancing demand forecasting, supplier coordination, and employee training, Wilcon Depot is well-positioned for sustained growth, operational efficiency, and competitiveness in the dynamic home improvement market.
ABSTRACT: Wilcon Depot Inc., the Philippines' leading home improvement and construction supplies retailer, has long been recognized for its commitment to quality products and exceptional service. However, over the past five years, the company has faced significant challenges in sales performance and inventory management, particularly due to the misalignment of inventory levels with market demand. This strategic financial plan aims to address these issues by enhancing inventory efficiency through targeted sales growth, increased inventory turnover, and optimized operational practices. The plan involves a comprehensive financial analysis, competitive benchmarking, and the evaluation of innovative inventory management strategies to identify sustainable solutions. Proposed measures include implementing Activity-Based Costing (ABC) to refine pricing strategies, adopting Just-In-Time inventory systems to reduce overstocking, and leveraging a consignment model to align stock with customer demand. By integrating these strategies with Wilcon's existing Infor M3 ERP system, the company is poised to achieve a projected revenue growth of up to 15%, improve inventory turnover to 6.00x, and strengthen its market leadership. With a focus on enhancing demand forecasting, supplier coordination, and employee training, Wilcon Depot is well-positioned for sustained growth, operational efficiency, and competitiveness in the dynamic home improvement market.