HomeShape Furniture & Home Decor: Enterprise-Scale Operations

Overview

HomeSphere is a large furniture and home décor chain operating across multiple cities with a mix of premium furniture, décor accessories, and custom solutions. As the network expanded, operational visibility became increasingly difficult.

The challenges they faced before RanceLab

The network carried ₹7.2 Cr worth of slow-moving inventory with no clear visibility into which items were stagnant. Vendor settlement discrepancies occurred across warehouses, creating reconciliation nightmares. Custom order tracking had gaps between showrooms and warehouses, leading to customer service issues. Pricing inconsistencies during negotiations eroded margin discipline. Leadership remained dependent on delayed reports from multiple locations, hampering decision-making.

The solution provided by RanceLab

RanceLab implemented an enterprise-wide inventory intelligence system providing real-time visibility across all locations. Order lifecycle tracking from enquiry to installation ensured nothing fell through the cracks. Vendor settlement automation eliminated manual reconciliation errors. Margin analysis by category and showroom enabled data-driven decisions. An executive command dashboard across all locations gave leadership instant operational clarity.

The outcome the customer got

Slow-moving inventory was reduced by ₹2.1 Cr through targeted action and better purchasing decisions. Warehouse stock variance reduced by 39%, improving operational efficiency. Margin visibility improved across all categories, enabling better pricing strategies. Order tracking accuracy improved significantly, enhancing customer satisfaction. The company opened 4 additional showrooms without expanding the finance team, demonstrating true operational leverage.

Customer Testimonial

"Before ERP we had reports. Now we have control." - Mr. Arjun Batra, Group CFO, HomeShape Furniture & Home Decor