26% – Reduced Attrition of Employees
34% – An increase in the productivity of business
42% – Improvements in Operational Efficiency
How Our Management Consultants Are Able to help you?
MSMEs, in a nation like India with more than a billion inhabitants and a significant yield from demographics, have a significant part in boosting the economy. According to the Ministry of MSME, there are more than the 63 million MSME units in India. MSMEs offer employment opportunities to millions of people skilled and non-skilled across the nation. MSME is the second largest job creator in India following agriculture. MSMEs are also annexes to larger scale industries and assist in the development of the entire industrial ecosystem.
MSMEs make up 30 percent of India’s GDP, as well as 40% of the total exports. The proportion of MSMEs in manufacturing output in India is higher than 45 percent. In light of the importance of MSMEs in the development of the economy and boosting the economy, the government has taken a decision to increase the proportion in this MSME sector in GDP to over 50 percent. It is believed that the Government of India recently revised the definition of MSMEs within the country, which allows MSMEs to benefit more by the federal government. The contributions from MSMEs to the MSME sector is essential to creating India an one of the biggest economies and superpowers of economics around the world.
In India among the MSMEs More than 99percent are micro-enterprises. This indicates the inability of these micro-enterprises into medium or small industries. All of this boils down to a lack instructions to the MSMEs in their expansion plans and management. In addition they are also faced with a variety of problems, like the lack of access to finance resources slow technological adoption, inadequate infrastructure, inefficient cash flows capacity building, lack of skilled labor, changes in the availability and price of materials.
The management services we offer will help you to solve these problems while managing your business . We enable you to grow your business with the help of the management of change. Through collaboration with your team members Our expert management consultants will help you improve the productivity of your employees.
Different types of certified management Consultants We Provide
Management is a vast field that primarily consists of product and change management. We therefore do not offer one consultant, but a variety of accredited Management consultants that are specialists in their fields of expertise.
Change Management Consultant
Product management covers a variety of aspects of the product, its analysis and design of products Prototyping, development of products and planning, production costing, release of the product marketing, and so on.
Our expert consultants in product management assist you throughout all stages of the product’s lifecycle. The process of launching a new product onto the market is a challenge that involves a number of technological and business issues in addition to social, economic environmental and other concerns. Our consultants for product management assist you in dealing with the numerous obstacles in launching your product on the market.
Additionally, different regions need different strategies to market when making the launch of the item. This is even more important, especially in a country with a variety of regions such as India. Our experts in product management help you develop various strategies for different regions depending on the local environment and other factors.
Consultant for Product Management
Change management refers to the methods that a business uses to implement changes to its internal and external processes which includes all aspects of the company like people, process technology, structure, collaboration and budget. A company must be aware of a multitude of elements when implementing the change as well as dealing with the management of change, for example, the people and processes that are that are involved in the process and the resources needed to implement the change, and more.
Our consultants in change management assist you to successfully bring about changes to your company and help you perform better by analysing all the variables to be considered. Professional change management experts assist you in the preparation of the employees and management, and in determining the required steps to implement the change, and monitoring the actions prior to and following the change and more. They can assist you with various procedures, including crisis management and risk management, which allows you to make the transition more efficient and seamless.
10 Reasons to Use Management Consulting Services?
There are a variety of areas where a manager consultant can assist you, by boosting productivity, developing the infrastructure needed as well as identifying the channels of vendors methods of outsourcing, building capacity workplace management, employee education as well as other areas. Here are a few areas in which our management consultants could be useful to your business:
Review and assess the Product’s Design and Offer suggestions for improvement
Business owners use their knowledge and thoughts to create the concept for the product. While the concept may appear acceptable based on the ideas of the business owner but there could be some elements that have not been thought of. It is always recommended to have the design or the production schedule examined by an professional in the area. The project management consultants have many years of experience in the industry and bring their expertise on the scene. Owners of businesses can have their plans and product designs evaluated by management consultants, who might be capable of providing suggestions for improvement , if needed.
Contribute to the creation of the appropriate Infrastructure to support Manufacturing
A manufacturing facility requires the infrastructure in place before production can begin. The process of acquiring the infrastructure needed can be a challenge, particularly for those who are not experts in the field. Technology is continually evolving, and there are a variety of choices available to a specific business need. Evaluation of the different options may not be something business owners are skilled in. This is why management consulting can assist in bringing the experts in the advisory capacity to suggest and evaluate the different options that are available, thereby reducing expenses for businesses. Management consultants who are certified and have years of experience in the industry aid businesses in making the right decisions when it comes down to setting up the proper infrastructure for production.
Locate Vendor Channels for Raw Materials as well as to manufacture Components
Raw materials are the vital ingredient of manufacturing. The quality of the raw materials is a major factor in the quality of your final product. Finding good quality raw materials at an affordable cost is a major challenge in all industries, especially those who are just beginning to enter the marketplace. This is why a dependable business management expert can assist you in identifying the best vendors and partners that are both affordable and reliable. Making sure you’re not paying for higher quality raw materials is crucial to ensure profitability over the long term. Expert consultants can assist business owners in identifying the most suitable suppliers to manufacture the components needed in the manufacturing process.
Help to Determine if Any Manufacturing Processes can be Outsourced
One of the most challenging issues for any manufacturing company is making a decision between Buy vs Build. Although manufacturing all the components of the product could not be economically viable or profitable for the company It is essential that the business owner determines which components that will have to be manufactured at-home and which components can be outsourced. While this is challenging, having a knowledgeable and trusted advisor in form of a project management expert will help the owner of the business to evaluate the advantages and disadvantages of all possible options before deciding. Making the right choice in this phase can have an important difference in the profitability of your business.
Develop Quality Control Specifications for different components/ assembly
Before establishing the production schedule It is essential that the manufacturing industry creates quality control requirements and acceptable tolerances for each of the components and the whole product. Without quality specifications that are in place, it’s impossible to know if products that are produced by the manufacturing process are in line with the standards of quality demanded by the buyers. If the producer isn’t convinced that the product is in line with the quality standards specified the product is nearly impossible to compete on the marketplace, unless there is an absolute monopoly. Business management experts with experience can help new businesses identify and define the specifications for quality control for all the components of the manufacturing process. They also help in the establishment of quality control procedures to ensure that the quality of the product is monitored continuously.
Plan for problems to be anticipated during the production Phase and offer Solutions
Have you ever come across an issue in the production process? These interruptions can be devastating particularly if you do not have previous experience dealing with such problems. Production issues can throw an obstacle in your way because the entire process is halted and you face loss of money and time. Experienced project management consulting can anticipate these interruptions in the production process due to their expertise and knowledge of the field. Apart from anticipating problems that are frequently encountered they also assist entrepreneurs by offering viable solutions for managing these challenging circumstances. They may also aid with the creation of preventive maintenance plans to avoid the unintentional interruptions.
Help determine the right Distribution and Warehouse Distribution Centers
In the business world, it’s not enough to just produce high-quality products. Business owners must make sure that their products are delivered to the correct market at the right date and arrive in perfect shape particularly if they’re perishable. It is essential for the business to identify the best distribution centers that are close to the customer, and employing top-quality logistics. When it comes to perishable goods, it is crucial that they find the appropriate warehouse that will offer the best conditions for storage to ensure their preservation. Business management experts with a wealth of knowledge in this specific sector are aware of the facilities available and can assist entrepreneurs find the best solution for their products for a reasonable price.
Examine of the Manufacturing Process and Suggest Improvements to ensure long-term gains
Many established manufacturing processes also have inherent inefficiencies. Some might have slipped into over time. Inviting an expert in the capacity of a manufacturing consultant to examine the established procedures of the industry could uncover some of these weaknesses. In addition to identifying areas for improvement in production, the expert could be able to offer suggestions for technological improvements based on their prior experience in similar industries. These suggestions can aid the company in achieving significant growth over the long run. The new players in the industry will greatly benefit from the knowledge and expertise offered by these skilled professionals.
Assistance with In-House Training for employees
In the case of a new manufacturing facility it is essential that the workers are properly educated on the machinery and the assembly process. The level of skill of the employees directly impacts the effectiveness in the production process and ultimately determines what the final finished product. The process of training the workforce can be a daunting endeavor for anyone in the business, particularly when they’re not hands-on or if the process is new and not familiar. This is where a knowledgeable as well as a certified manager could be of assistance. Being a part of the planning and setting up of infrastructure management consultants are able to help in the development of an internal training program for employees of the factory. The majority of certified management consultant have a lot of experience in training employees and can help to scale up the workforce quite quickly.
Develop Growth Strategies and Implement Lean Operations
Companies are always seeking to increase their profit. Lean operations can be an easy way to do this. Many businesses employ strategy consultants to assist them implement lean processes to cut operating costs, boost efficiency and boost profit. Strategy consultants, through their knowledge and expertise are also able to assist entrepreneurs develop key strategies to drive growth. An effective and well-thought-out growth strategy can boost revenues, increase customer satisfaction and create savings for your company. This is crucial for businesses that are looking to grow their the revenue of their business over time. This vision is only achievable when the growth strategy is flexible and allows scaling.
About SolutionBuggy
SolutionBuggy is the largest Indian management consulting platform devoted to MSMEs with over 800 management consultants. Our experts can help you tackle the technical and business issues improve processes, and help you achieve growth through the implementation of methods for managing change.
We want to build an integrated digital ecosystem for MSMEs across the country, which will allow them to overcome their obstacles and boost productivity by achieving higher ROI. We have so far had completed more than 300 projects of management consulting for our clients across the nation.