Practus’ assisted Moch in implementing a standardized template for new store opening and communicating between Finance and BD teams.

Client NameIndustryOwnershipManagementNo. of EmployeesSizeProject Duration
Moch
Apparel

Family Owned

Family Managed

~1500

~$66 million
3 Months

About The Company

Moch is a one-stop brand for all your ethnic wear needs. The first exclusive Moch store was opened in 2005. Through its innovative use of traditional crafts, Moch celebrates Indian women with a contemporary lifestyle. Today, Moch has grown to retail through over 124 exclusive brand outlets across 45 cities.​

Practus’ Role

  • Conducted one on one interviews with process executives.​
  • Preparation of process flow charts and identified Gaps and suggested best practices for all the gaps.​
  • Identified issues and inefficiencies by a thorough analysis of data. ​
  • Identify and evaluate the opportunity for further improvement in specific areas like AP, Projects, Fixed assets, Dispatch, Gift vouchers, Sales, inventory, and treasury.​

Impact Delivered

  • Suggested Independent mechanism to validate rent payments, to ensure no landlord is missed out.​
  • Suggested to revisit rental agreements with Malls having Minimum Guarantee more than their revenue share to ensure cost reduction.​
  • Implemented standardized template for new store opening and communicating between Finance and BD teams, to eliminate multiple emails and to improve TAT.​
  • Streamlined dispatch planning to reduce transport costs.​
  • Suggested to automate LR data capture process, to save 1500-2000 man minutes per month.​
  • Suggested capturing Gift Voucher Card details in Genesis to ensure more robust control over GVs issued by stores.​
  • Suggested perpetual method of inventory control instead of shutting down stores during the stock audit to avoid loss of business.​
  • Recommended insisting on deposit by stores – 100% of cash sales to save a lot of money in interest outflow.​