Manufacturing Plants - Where Passions Turn Into Products PowerPoint PPT Presentation

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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.

2
Procurement 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.
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