Overview
How to manage minimum inventory level, System of ZERO Inventory, Storage of raw material for easy identification and easy accessibility, Development of Strategic Sourcing, Making sourcing with reverse engineering, Inhouse Lab for checking quality of incoming material, Vendors’ Development and registration Process, Terms and conditions and agreement with vendors
Manage the Production Process like – How to minimise channel of process of production for speedy outcome and with minimum labour, System of production planning for timely delivery of material in the market, Research and Development for continuous improvement in quality, Maximum production with minimum wastage, Planning of best usage of wastage, Developing Packaging Material and packaging Standards, How to minimise cost of packaging material and packaging process at economical way with speedy production and ready for despatch, Management of maintaining finished material, Maintenance of plant and machinery, Safety measures of labour and other staff in the factory along with keeping good ambience for a better work environment. Stores and Logistic Management: Efficient arrangement of maintaining finished outgoing material, Contracts and agreement with logistic companies/transporter considering safety of material for timely delivery of the material, Coordination with Procurement – production and marketing department, Minimum inventory of finished material based on various aspects, FIFO based order processing system, Hands on Stock statement for booking the orders and committed deliveries to the customers.
What Problem Are You Trying To Solve?
What We Provide ?
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Supply Chain Management
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Warehouse Management
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Logistic Management
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Vendor Management
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Inventory Management
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Production Management
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Administration Management
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Account & Finance Management
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Legal Compliance Management
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Product Packaging
Supply Chain Management
Right from generating genuine enquiries, follow ups , converting enquiries into business is the need of today. Considering uncertainties of the market and political situation, short term and long term plans are required and to monitor the same. A marketing plan is a strategic roadmap that businesses use to organize, execute, and track their marketing strategy over a given time period. Marketing plans can include separate marketing strategies for the various marketing teams across the company, but all of them work toward the same business goals.
Warehouse Management
Nothing is constant in the market except change. Need to be alert in the market considering SWOT analysis of the competitors and self. M.R and M.A is a continuous process. Market research blends consumer behavior and economic trends to confirm and improve your business idea. It’s crucial to understand your consumer base from the outset. Market research lets you reduce risks even while your business is still just a gleam in your eye. Gather demographic information to better understand opportunities and limitations for gaining customers.
Logistic Management
Gone were the days when salesmen used to visit door to door to book the orders. Unless technology is not used, volume business is not possible. nowadays we can’t depend on a specific market. Digital strategy focuses on using technology to improve business performance, whether that means creating new products or reimagining current processes. It specifies the direction an organization will take to create new competitive advantages with technology, as well as the tactics it will use to achieve these changes.
Vendor Management
Cost is forgotten but quality is remembered forever. Along with expansion of business, You need to take care of the brand and goodwill building to PULL SELL from the market. Without a brand, only PUSH sale is possible which does not fetch the extra value addition. Brand Building is generating awareness, establishing and promoting companies using strategies and tactics. In other words brand building is enhancing brand equity using advertising campaigns and promotional strategies. Branding is a crucial aspect of a company because it is the visual voice of the company.
Inventory Management
Right media at the right time to be used for advertisement. Traditional advertising outlets include newspapers, magazines, TV and radio stations. Today, however, advertisements are placed on websites. People are spending more time on their mobiles and laptops so we advertise through digital marketing, social media marketing and doing it through more digital ways. By more precisely defining who your target customer is, you can better choose advertising vehicles that will reach more of your target customers for less money.
Production Management
With marketing technology, getting leads from the market is not challenging but how to handle and manage genuine enquiries is more challenging and requires possessive followup to close deals. Lead management is the process of tracking and managing prospective customers. The process of managing leads helps businesses understand which tactics are bringing in the best leads, so you can optimize your sales strategy to be both effective and efficient. Instead of waiting for a customer to find your website and buy your product or service, you can initiate a sales funnel by yourself. Lead generation allows you to control the number of clients and gives you predictive and stable sales growth.
Administration Management
A system for monitoring cash flow system, Accounting system for books of accounts and to see into it their all finance related transactions are properly done and to be audited through internal auditors, To see any other subsidy or availability of finance aid by government for the respective industry, Timely submission of all legal returns to all government department in coordination with legal department. With fierce competitive pressure and an ever-increasing need to do more with less, organizations must accelerate the pace of transformation. Based on our years of operational experience we find there are six key transformational levers all organizations need to balance to help achieve the greatest results.
Account & Finance Management
Administering benefits can be challenging, especially in today’s ever-changing environment. From how your participants and members feel when they contact you to how easily they can access their information, your benefits administration should connect seamlessly with every other aspect of your organization. We’ll work with you to improve your benefits administration processes, operations, technology and service delivery from the ground up and help you achieve your short and long-term goals.
Legal Compliance Management
Legal Compliance continues to be complex business challenges. As new laws and regulations are introduced, their requirements challenge boards to greater levels of transparency, objectivity and professionalism. Increased accountability and potential exposure to liability means directors need to ensure that corporate governance standards are adhered to and robust compliance management systems are in place. Farol can assist directors and management to identify the applicable laws and regulations to better understand the regulatory environment.
Product Packaging
Over a period of time, it has been observed that suppliers target packaging to save their cost but it is also found that in totality it becomes costly when rejection or damage of material occurs. We provide following service as Product Packaging Consulting Firm: Identifying right packaging material for right product to avoid damage of material, Continuous improving by introducing innovative packaging product that increases the value addition of the product, To develop test method of the right quality for the right kind of shipment, Considering day by day increase in freight cost, developing material accordingly and making the cost of material very competitive, Environment friendly and human safety packaging products to be developed for inhouse storage and export.
Expected Key Benefits Of Supply Chain ManagementWarehouse Management Logistic Management Vendor Management Inventory ManagementProduction ManagementAdministration ManagementAccount & Finance ManagementLegal Compliance ManagementProduction Management
Better Collaboration
Improved Quality Control
Higher Efficiency Rate
Reduced Overhead Costs
Improved Cash Flow
Improved Data Visibility
Enhanced Financial Practice
Distributed Footprint
Vendor Relations
Customer Retention and Experience
Inventory Visibility
Enhanced Customer Service
Improved Labour Productivity
Optimized Supply Chain
Internal Automation Benefit
Better Stock Control
Optimised Warehouse Space
Warehouse Personnel Reduced
Vendor Relations
Improves Demand Forecasts
Increase Revenue
Improve Operating Cost Structure
Reduce Overall Transportation Costs
Improve Customer Service
Better Customer Satisfaction
Better Stock Control
Better Order Organizing
Improve Network Strength
Ensure Safety Measures
Organizing Order Preparation
Advanced Reporting and Analytics
Increase Efficiencies
Reduce Process Life Cycles
Reduce Operational Costs
Maintain Corporate Compliance
Improve Vendor Onboarding Process
Measurable Results
Corporate Compliance
Monitor and Track Performance
Document Management
Cost Saving
Improves Cash Flow
Satisfied Customers
Better Inventory Accuracy
Reduced Risk of Overselling
Avoiding Stock Outs
Greater Insights
More Productivity
Increased Profits
A More Organized Warehouse
Increasing Your Profitability
Increased Product Quality
Increased Customer Satisfaction
Helps in Waste Reduction
Increased Teamwork
Higher Product Quality
Lower Operating Costs
Investor Confidence
Reduces Risk of Product Failure
Aligns Market Needs
Saving of Valuable Time
Tax Efficiency
Improve Cash Flow
Minimizes Risk
Financial Opportunities
Improve Taxation
Increases Flexibility
Reduction in Mental Stress
Clarity to Goal
Better Financial Research
Identify Issues
Improve Processes
Implement Solutions
Develop New Ideas
Business Process Improvement
Flexibility and Scalability
Improve Efficiency
Utilize Resources
Faster Progress
Target Achievements
Less Hesitance-More Confidence
Reduces Legal Problems
Solving Problem
Develop New Ideas
Assist With Contracts
Reduces Organizational Risk
Result Oriented Focus
Get Fresh Ideas
Save Time & Money
Preventing The Hassle
Time Saving
Packaging Cost Saving
Product Damage Reduction
Freight Cost Reduction
Get More Customers
Increased Brand Recognition
More Profitability
Attractive Packaging
Customer Experience
Better Customer Retention
Our Consulting Process
Business introduction
First, we deeply understand your business, process, product, market segments, challenges, existing infrastructure and manpower, finance availability, your vision, and mission, which helps us to provide the possible relevant solutions. By understanding the primary business we discuss some standard procedures or methods that are usually used in the market. This stage of consulting is very valuable for both because in this stage we’ll understand how you grew up or how the company grew up. We understand all the basic information about your business and go to the second stage of the process.
Understand Existing Problems
This is the stage of secondary diagnosis. Our focus is on analyzing the problem and the purpose. Cooperation between us and the business blooms at this stage. We have to find out the performance patterns of the organization and an assessment of the requirements and resources related to the business transformation should be carried out. We spent time with directors, managers, and the team, for understanding the current situation & the existing problems of the organization. Data collection is a primary task at this stage since it relates to the quality of the prospective solutions.
Find The Solution
By understanding the problems, our team will continue working on it and find the best solution for your organization. We strictly believe that, Just about any problem you have to deal with has more solutions to it than the one that you think of first. So, it is best to develop a list of alternate solutions that you and your team can assess and decide which one will be the best for the particular problem.Then we rank those solutions based on efficiency, cost, long-term value, what resources you have and that you can commit to the solution of the problem. Then, look at every one of those solutions carefully and decide what you believe to be the best solution to this problem at this time.
Executions
At this stage we have proper planning and have a solution to the existing problems & challenges. We put this solution into the process. Our team constantly monitors the execution, and constantly with you. Implementing the solution you decide on can include creating an implementation plan. It could also include planning on what happens next if something goes wrong with the solution if it doesn’t work out the way you thought it would. Implementation means that everyone on your team knows and understands their part in making the solution work, that there are timelines for execution, and also that you have a system in place to track whether or not the solution has corrected the problem.
Getting Feedback
Direction is more important than speed. Based on the above points a detailed step by step planning is required for the action to be taken within a time limit with a specific budget without affecting ROI. First we identify the problem then plan the best solution to overcome the problem and we execute the planned solution. During this process we need feedback from everyone who is involved in this process, so we’ll know the effectiveness of the solution and where the improvement is needed. So we can plan accordingly and apply it to the next solution.
Apply Changes & Execute Again
According to the received feedback, we’ll do the necessary changes in the decided process and implement with the new changes. It helps to overcome the existing challenges. We develop a system that helps you and your organization to follow the standard procedure and make your work easy. After the implementation of the problem we periodically do a system audit to see that the organisation is system oriented and not man oriented. Also find the new challenges or problems that you faced and find their reliable solutions and implement it as the same.
Who can get Counseling ?
- Small & Medium Enterprises
- Individuals & Team
- Industries
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is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions
is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions
is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions
is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions
is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions
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Business Owners
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Sales & Marketing Leaders
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Sales & Marketing Executives
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Independent
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Consultants
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Students
is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions
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Pharmaceutical Industry
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FMCG Industry
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Metal Industry
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Textile Industry
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Plastic Industry
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Ceramic Industry
is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions
Mode of Counseling
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Individual Consulting
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Group
Consulting -
Seminars
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Webinar
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Workshops
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Keynote Speaking
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Tele Consulting
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Guest Speach
Individual Consulting
These sessions are targeted to focus on understanding the current problems & opportunities and find out the best possible solutions. These are individual sessions of 60 minutes each covering all the important topics. The number of sessions may vary on the requirement and understanding of the individuals. The whole consulting is divided into certain segments, so we can properly understand your situation and get a plan accordingly to raise up.
Group Counseling
Group Counselling sessions are conducted with a minimum of 10 personalities. These sessions will be taken in a collective atmosphere where all the topics will be explained in different sessions in one day. The number of sessions may vary on the requirement and understanding of the team. In Group Consulting we also want specific attention from your side so that we can understand better and offer specific solutions.
Seminars
This will be of two hours at the time and venue convenient to the organizer and to the speaker. This will cover the overview, need & benefits, current challenges and way of the implementation of pre-selected topics. The speaker shall speak for one and half hour and the rest half an hour will be dedicated to the audience for question and answer session.
Webinars
This will be of two hours conducted ‘online’ from the comfort of the homes of the audience on the date and time fixed. This will cover the overview, need & benefits, current challenges and way of the implementation of pre-selected topics. The speaker shall speak for one and half hour and the rest half an hour will be dedicated to the audience for question and answer session.
Workshops
This will be of a duration of one day with breakfast, lunch included and with full of activities. This will be conducted for a minimum of 10 personalities. The entire sessions of consulting will be covered in one day. These Workshops can address common problems or issues that business professionals may face on a regular basis. All the participants can share their insights and thoughts on how to resolve the problem, which can offer a fresh perspective when dealing with the problem.
Tele Consulting
This will be the same as individual consulting sessions. There shall be sessions of 60 minutes each. The number of sessions may vary on the requirement and understanding of the individuals. The individual and the counselor will have a conference through video/audio call and conduct the sessions.
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