Discussion Pointers !
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Key cost components every Manufacturing unit needs to check
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How to make your recurring procurement profitable
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Better Inventory management using Just-in-Time method
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Adopting right technology & processes
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Managing cost centres with better utilization of Working Capital
Speaker Profile: Mr. Sudhir Jha
Vice President, MSME Development Forum
Owner McChem & Co and Member (National Governing Council) All India Manufacturers Organization (AIMO)
With core strengths of Conceiving ideas leading to development of projects in the value chain and Ideation, Implementation, Augmentation and Value Creation. He is a Strategic planner to work out ‘complete Socio-Economic & Business Models.
He has been in the leadership role in various business and NGO bodies including MSME Development Forum, Rise Foundation, All India Manufacturers Organization (AIMO), All India Confederation of Small & Micro Industries Associations (AICOSMIA), Delhi Productivity Council, etc.
Speaker Profile: Dr. H.P. Kumar
Former CMD, NSIC & Director, External Affairs, Power2SME Pvt. Ltd.
Dr. H.P. Kumar is Director External Affairs at Power2SME and he is spearheading the organization’s objective of building alliance network in the industry. Dr. Kumar will design innovative programmes and framework to enhance Power2SME’s value proposition for SMEs, Suppliers and financial institutions. With rich experience in leading successful and profitable campaigns to benefit SMEs, Dr. Kumar comes with deep knowledge of SME market. Dr. Kumar has extensive experience in dealing with promotion, development and financing of MSMEs, exports and other small & large projects. Prior to joining Power2SME. He was the Chairman-cum-Managing Director of NSIC (National Small Industries Corporation), a govt. of India enterprise engaged in development and financing of SMEs in India. Under his leadership, NSIC was able to achieve a turnover of 17400 crores and became a dividend paying entity with an excellent MOU rating continuously for 7 years, a spectacular shift, from a loss making CPSU prior to his successful tenure.
Speaker Profile: Mr .Nitin Kapoor
Co-Founder & CEO, IBA CRAFTS PVT. LTD.
IBA Crafts has created a unique concept in the field of Garments Manufacturing i.e Just In Time Garments Manufacturing – JITGM (A Copyright Process with Government Of India)
JIT is revolutionizing the Garment Industry, addressing the biggest persistent industry problem of ‘Stocking / Inventory’ or warehousing and stock keeping. The technology uses ‘demand-oriented production’ to produce what the market demands. It thus has complete control of the utilization of resources with no wastage of fabric or garment. Moreover, there is no warehousing cost involved as Just In Time Garments Manufacturing produces only those garments for which the customer receives the order. IBA’s JIT tech has eliminated the need for stock-keeping in all its product sales with the help of Ar/Vr Technologies & Process automation in Smart Manufacturing.
IBA has won several awards for solving the problem in the Manufacturing space; one of them is from ISB in association with Niti Ayog in the category Smart manufacturing.