The performance improvement services provided by Practus assisted the FMCG company in establishing a clear hierarchy for decision making.

Client ROIIndustryOwnershipManagementNo. of EmployeesSizeProject Duration
FMCG MNC 3.2xPackaged FoodsMNCProfessional250-500$100-$250 million2 months

About The Company

Nutriland is an $80 million FMCG multinational corporation that started operations in 2012 after acquiring Wockhardt Group’s nutrition division. 

Practus’ Role in Performance Improvement

  • Practus began by conducting a one-month diagnostic, followed by the model building phase:
  • Sessions with the HOD’s designated Single Point of Contact (SPOCs) to gain a thorough understanding of the present forecasting process and templates.
  • The “approach paper” was presented with timelines based on the preceding pointers.
  • Developing the Excel templates’ structure.
  • The SPOCs/HODs and the F&A team sign off on the structure model being built, utilizing the agreed-upon structure.
  • SPOCs and the F&A team conduct testing and interim reviews.
  • HODs and the CFO sign off on the final version.

Impact Delivered in Performance Improvement

  • Completed alignment on how the company performance will be budgeted and assessed (variables and business drivers), as well as establishing a clear decision-making structure.
  • The model with driver-based planning and scenario management provided improved visibility and monitoring capabilities.

See how Practus can assist you in improving your organization’s Performance