In the days ahead, Small and Medium Enterprises (SME) will be the key to transform India into a manufacturing hub. "In India, MSMEs contribute nearly 8% of the country’s GDP, around 45% of the manufacturing output, and approximately 40% of the country’s exports. It won’t be wrong to refer them as the ‘Backbone of the country." However, production inefficiencies, higher process turnarounds, idle capacities have been the key impediments halting the growth of SME manufacturing companies in the country. With the increasing costs and competition, it is becoming extremely critical for SMEs to operationally transform themselves and improve on these aspects and consultants, like PKC, playing a key role in assisting SMEs go through this transformation.
With more than 35 years of experience, PKC consulting specializes in delivering end-to-end operational consultancy services to its clientele. The firm also integrates new-age tech like ERP, traceability systems into its solutions to bring in greater efficiencies. Today, PKC is one of the very few consulting firms, which assumes responsibility of implementing their solutions and bringing change at ground level. Currently, the firm has over 100 consultants, comprising a mix of MBAs, Chartered Accountants (with Four All India Rank holders) and engineers. Furthermore, PKC has a dedicated Knowledge & Research team that helps the firm to deliver the most updated solution.
Prakash Kochar, Founder and Managing Partner at PKC Consulting, mentions, We've consistently provided the highest quality of financial, operational and technology services to clients - aiming to propel their growth and multiply their joy of doing business.
360 Degree Customized Solutions
PKC Consulting excels in delivering 360-degree solutions with an undivided attention in delivering a dedicated customized solutions to target the specific problem statement of the clients. Moreover, in all of its projects, PKC consulting applies a hands-on approach to ensure project objectives are achieved without fail.
“Usually consultants do not get involved in implementation of their services but we are different. We believe SMEs require handheld assistance to implement the solutions for long term sustenance. So, we have a dedicated change management teams who implement solutions at ground level and bring visible change.” points out Swetha Kochar, Partner, PKC consulting.
We've consistently provided the highest quality of financial, operational & technology services to clients - aiming to propel their growth & multiply their joy of doing business
The range of solutions delivered by the firm includes – End to end operations streamlining and standardization to scale the business, Technology integration for work automation and enhanced customer experience, Production efficiency improvement, Production capacity utilization and process turnaround improvement, Lean systems development, Finance consulting services like CFO Outsourcing, Tax advisory & Audit.
The Future Outlook
Over 35 years of its presence, PKC consulting have catered to more than 200 firms and worked on 2000+ successful engagements.
“Few of our success stories include improved production efficiency by 20 percent, Made production processes lean by 30 percent, 10-20 percent savings in various cost heads and reduced average inventory holding by 20-30 percent,” shared Swetha.
To develop a more robust team, PKC Consulting is bringing more manufacturing experts into its advisory committee. In the future the firm is set to expand its geographical presence in India as well as abroad. It already has four branches in Chennai, Bangalore, Bhopal, and Vijayawada and is gearing up for opening branches in Hyderabad, Mumbai and Dubai. Moreover, the firm is creating more tech enabled products to expand service lines and improve quality.
