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Management of Small Scale Enterprises

By:

Manoj Karkhanis
MBA (Mktg.), D. HRM., PGDIT

Principal Consultant

Multiknack

Through this presentation, we wish to

Explain the problems faced by the Small Scale Enterprises Suggest Management Techniques to solve the problems faced by the Small Scale Enterprises

Small Scale Entrepreneurs say… .

1  Suppliers supply raw materials at cheaper rate to large scale units but not to us because we buy in smaller quantities.Entrepreneurs’ Complaint No. .

.Entrepreneurs’ Complaint No. 2  We have lot of orders but we don’t have space that’s why we can’t take them up.

. We could have delivered on time but our workers are on leave due to summer vacation / festival season. Our employees leave the company frequently.Entrepreneurs’ Complaint No. 3   We do not get trained manpower.

Entrepreneurs’ Complaint No. 4  We could have delivered on time but one of our important machines failed and the repairs person took 7 days to rectify the problem. .

5  We could have delivered on time but one of our important machines failed and the repairs person took 7 days to rectify the problem. .Entrepreneurs’ Complaint No.

6  Our production planning goes for a toss because our customers are always in a hurry and come to us today when they wanted the things yesterday. .Entrepreneurs’ Complaint No.

How to Be A Successful Entrepreneur .

to measure the success of your day-to-day operations . prepare the Profit and Loss Account more frequently.Financial Management     Have a firm sense of direction. when and how to obtain finance and how to use it effectively. say every month. Loss is considered as an indicator of Business Failure. Know where. (Set Goals) Ensure that you run your business in profit.

Financial Management  Cont’d… In a situation of uncertainty. . anticipate no gains or revenue and provide for all possible losses or expenses.

Design and Development:    Market Research R & D Laboratory Innovation and Technology Upgradation .Production & Operations Management  Product Selection.

Servicing Ease of Production . Quality commensurate with cost and market sustainability.Production & Operations Management  Cont’d… Product Design based on:      Test effectiveness. Maintainability and Reliability.

Production & Operations Management  Cont’d… Plant Lay-out based on:   Flow-pattern Process Interactions Time Study Activity Sampling Predetermined Motion Time System Synthesis and Analytical Estimation  Industrial Engineering based on:     .

Production & Operations Management  Cont’d… Production Planning and Control    Allocation Routing Scheduling .

Production & Operations Management  Cont’d… Materials Management   VED Analysis ABC Analysis FIFO Method LIFO Method FEFO Method  Inventory Management    .

Hygiene and First Aid .Production & Operations Management  Cont’d… Plant Maintenance     Breakdown Maintenance Scheduled Maintenance Planned Maintenance Preventive Maintenance    Fire Fighting Accident Prevention Health.

Production & Operations Management  Cont’d… Plant Maintenance     Breakdown Maintenance Scheduled Maintenance Planned Maintenance Preventive Maintenance .

Production & Operations Management      Cont’d… Quality Management Energy Management Fire Fighting Accident Prevention Health. Hygiene and First Aid .

Marketing Management   Market Segmentation Market Marketing Mix:     and Target Product Price Promotion Place .

Q & A… We’ll be happy to clear your doubts… .

Principal Consultant Multiknack Consultancy Services Cell Nos.com  / .For Further Details Manoj Karkhanis.: 09821301203 09967447677 Email: karkhanis_m@hotmail.

Thank You!!! .