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Operating on a just-in-time inventory model is a dream for any MSME, and Sagar Ispat is one example of an enterprise that is reaping its benefits.

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Sagar Ispat, a 35-year-old manufacturer of cans and drums used for paint, food, and other packaging utilities, was facing a lack of funds owing to more extended credit periods at the customer end, which delayed receiving the raw materials every month.

They suffered from rejecting customer orders beyond a point due to inadequate capital with their on-time order fulfillment rate heading southward.

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While still on the hunt for an appropriate solution, Bizongo reached out with its tech-first solutions.

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Bizongo made early payments to Sagar Ispat’s vendors. This reduced their lead time and they started receiving raw materials from their vendors “just in time”. With the regularization of the just-in-time model, they are no longer required to block factory space or increase inventory costs. Thus, we helped them make their production and order dispatching functions more efficient.

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After getting onboarded with Bizongo, their 𝐦𝐨𝐧𝐭𝐡𝐥𝐲 𝐬𝐚𝐥𝐞𝐬 𝐧𝐮𝐦𝐛𝐞𝐫𝐬 𝐠𝐫𝐞𝐰 𝐛𝐲 𝟒𝟑%!!

With stronger working capital, they were able to see surplus cash in the bank and channelized that toward building a new manufacturing unit.

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Download the file to know more about Sagar Ispat’s growth story here.