- Lean Manufacturing
- Organization Restructuring & Turnaround
- New business identification & Technology backup
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Operations Turnaround is essentially revamping and improving overall manufacturing and supply chain operations based upon the issues faced by a company. This process is incomplete without getting over all costs and key financial KPIs under control. At Operations Excel we focus on these key elements of restructuring which are briefly described below.
Manufacturing Operations Restructuring:
Restructuring of manufacturing operations has a wide scope. It all depends upon what exactly a client would require. Operations Excel can offer complete restructuring solution for your manufacturing set ups, which includes below mentioned key projects:
|Revival of sick or non performing business units by setting effective restructuring strategies and working alongside the promoters in turning around the business unit|
|Setting up Manufacturing Strategy based upon current situation and long term strategic business plan|
|Reviewing and setting up IR strategy for effective employee relations|
|Leadership competency assessment and talent pipe line development|
|Reviewing and re-structuring organization structure based upon strategic business plan|
Over All Cost Reduction:
Product cost reduction is always a major focus for any plant manager. Also, one always needs to keep product cost to a minimum to stay in the market and generate enough money to invest in new technology and brand building. We do not just provide a report on cost reduction but implement the actions on the floor along with your team to achieve the committed cost targets during our engagement.
Some of the key cost reduction initiatives we undertake are in following areas:
|Scrap and rework Cost|
|Maintenance and MRO|
|Process Waste Reduction|
|Energy and Utilities Cost|
|Total Fixed and Variable Cost|
Supply Chain Optimization:
Healthy Supply Chain is often described as the backbone of any industry. Having right supply chain processes and resources is key to improve bottom line of any business. At Operations Excel we offer complete, end to end solutions to achieve Supply Chain rationalization objectives. Some of our key service areas are as follows:
|Supplier assessment and qualification|
|Supplier Quality Improvement|
|Non Moving inventory reduction|
|Over all Inventory reduction|
|Material movement and warehouse management|
|Setting up fully IT enabled Supply Chain Process|
|Setting up Procurement Policy and Procedures|
|Strengthening leakages and fraud avoidance|
|Production Micro Planning & Pull System of Manufacturing|
Financial Turn Around :
The result of all above actions results in improving the company bottom line , thus profitability. We have our own processes of carrying out financial turn around and the same are based upon following key activities :
- Finding and arresting the leakage of funds / finances thru strengthening purchasing and payment processes.
- 100% audit of all risk areas which could result in leakages
- Implementing systems and procedures to strengthen financial systems
- Analyzing and Improving cash flow for the co and putting a focus on cash , rather than just the top line numbers
- Improving Receivables through implementing effective sales strategy.
- Bringing in financial discipline into the organisation
- Looking at key financial issues and fixing the same on the floor , rather than just suggesting a solution
- Putting a proven financial KPI model to track weekly financial key parameters progress and implementing actions there off.
Technology Back up:
As India is growing to be a major world economy within next two decades , the same is possible only through implementing innovating new technologies and growing the existing ones. However developing new technology takes time and resources and we feel while India is capable of the same but in parallel if the available technologies world over are sourced and used efficiently by Indian Industry , the time for developing new products and getting into the market may be considerably reduced.
In keeping above in view , we have come up with a new vertical , dedicated towards sourcing new technologies and supporting Indian industry for setting up the projects on a complete turn key basis .
We at JCE in collaboration with our key partners world over have identified following support areas for Indian Industry :
- Technology sourcing from overseas partners by developing the needs and scanning the right match for the clients.
- Preparing Technology Road map
- Developing Client Profile and Information Memorandum.
- Providing a list of few key technologies in alignment with the client’s strategic business plan.
- Short listing the right ones
- Supporting negotiations and deal signing with the technology partner
- Complete Technology transfer to India
- Implementing complete project from scratch to final production stage on turnkey basis
- Developing improvement road map and KPIs to for the new project.
- Technology Sourcing areas :
- Medical Devices
- Auto Parts
- Injection Molding
- FMCG products
- Forging and die casting
- Industrial Products
- Railway equipments
- Solar and wind energy products
- Others as per specific Client need
- Fee and Charges :
- All services would be delivered at reasonable fee and nominal charges. However we may not take up any projects without a retainer or exclusive mandate.
JCE can be your one point contact of getting new technology projects delivered on turnkey basis without disturbing your existing resources from main stream businesses.