WHY INDIA? India is emerging as one of the fastest growing economies. It is one of the most attractive destinations not only for investments but also for doing business in the recent years. Many reasons make India such a favourable destination,
A Paper & Stationery making company was dealing with 1000+ SKUs and 800+ customers. Sales was all over the place. Receivables management was in disarray. Sales often cited stock out as reason of doing less sales.
A comprehensive study was done of their SKU wise costing, detailed sales analysis with product level & client level profitability taking into account the cost of carry. Some SKUs were under-priced. Sales process was brought in order with profitable clients being sold more often. Cross-selling was increased. Receivables management system was put in place to bring optimise working capital use. Many SKUs were stopped. Management reporting was streamlined.
Immediate benefit of Rs.4.0mn was brought in the system within 2 months
Products & Services
While starting up a new business in India, a business owner has to face many challenges & take many decisions. They know their product, the technology but do not know the rules & regulations of starting up in India. They don't know what all