Title: Manufacturing Plants - Where Passions Turn Into Products
1- Manufacturing Plants - Where Passions Turn Into
Products - The success of a dream project hinges on, besides
other parameters, the quality of the finished
products. On the other hand, profitability
depends on the overall efficacy of the
production unit. - As a business owner, one has the option of
outsourcing the production of goods or producing
them at ones own factory as per the desired
specifications. Alternatively, one could be in
the contract manufacturing business in which
case production is carried out for orders
received across the globe according to the
desired quality and specifications. In either
scenario, the manufacturing unit has a vital role
to play. A manufacturing plant setup
consultant has the expertise to help
set up such manufacturing units. You in this
regard. - What Does The Consulting Industry In India Look
Like? - Consulting as an industry has come a long
way since Mckinsey set up shop in the
country back in the 90s. - Associated Chambers of Commerce and Industry
estimated the overall revenue to be around INR
27000 crores in 2020. Some research data
indicate that high-value consulting deals of
over 250 million are awarded by Indian
companies annually. There are 30 odd projects
worth more than 2 million each. - Key Considerations While Setting Up A
Manufacturing Plant Feasibility Studies and
Detailed Project Report - It is said that Well begun is half done. The
Feasibility Studies and the Project Report is
one such activity that makes a very
concerted effort to put the whole project
in proper perspective and details out all
requirements as also the activities and
their time lines. It must be understood
that adherence to time and cost budgets
are extremely critical in the success of any
venture. - Location One of the most critical factors is the
location of your production unit. This primarily
entails three sub-factors - Transport facility in the vicinity. The general
topography may have an implication. - Availability of labour unskilled, semi
skilled and skilled - in and around the
vicinity of the project location that is relevant
to the manufacturing needs. - Size of the land parcels available are
important and must be optimum for the
installation of the required machinery and
movement of goods and operating personnel
besides future expansion if required.
2Procurement of Capital goods are a critical
factor in terms of costs, quality and
maintenance reuirements. Similarly vendor
selection and logistics of raw materials
are equally important Erection and
Commissioning Partner Erection and
Commissioning of plant and machinery is
critical for smooth operations thereafter.
Engaging the services of professionals are
well advised.. Setting realistic goals in terms
of setup time and other factors. Awareness of the
government rules regulations .
An efficient and trustworthy team from the
promoters to supervise the process.
entire
- What should you look for in a manufacturing
industry setup consultant? - Since the consultant plays a significant
role in the execution of the project within
time and costs budget and consequently its
business success, it is relevant therefore to
undertstand the requirements of relevant and
specific attributes - Local market knowledge and connections
- Ready access to a large bank of lands suitable
for factory setup - Ability to liaison with financial institutions
for your funding needs - Experience and enough knowhow in your area of
business - An innovative approach to design and technology
solutions pertinent to your factory requirements - Cost optimizing mindset
- Risk mitigation abilities
3- Global connection to get the best
manufacturing equipment and technology at
competitive costs - A competent manufacturing business setup
consultant may well be the answer to a successful
manufacturing plant set up. - Industry Experts, has the necessary resources
to have the entrepreneur covered through
the entire process commencing from the
feasibility study, approvals licenses to
construction , erection and commissioning as also
operations support.