Tapping into the burgeoning BFSI market
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The Consumer & Retail sector is growing rapidly and is extremely dynamic. Due to constant disruption, managing business has become complicated and cumbersome.
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Our healthcare and life sciences advisory team brings together a combined experience of over 50 years to help businesses navigate through changes, new...
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At Grant Thornton in India, our automotive team works with a wide variety of clients to help them achieve their goals and increase shareholder wealth. Our...
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M&E practice encompasses team of dynamic professionals with deep technical knowledge and extensive experience of working across segments say television, print,...
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Tailored service offerings to Not for Profit organisations and CSR compliance services for dynamic businesses
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At Grant Thornton, we assist dynamic Indian businesses in the Real Estate & Construction sector throughout their business life cycle by offering robust...
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The COVID-19 crisis has caused significant impact on how businesses are being run. As a result, businesses need to consider supply chain implications to ensure minimal impact on operations led by curtailed manufacturing and weaker demand.
Here’s how you can HALT and review your supply chain function and strategy
As supply chain strategy is directly linked to business value chains and market forces, it is critical for organisations to revisit their supply chain function.
- Conduct risk assessment across your current supplier portfolio: Identify key suppliers to understand their ability to meet your requirements
- Identify alternative suppliers and raw material: Consolidate your suppliers, analyse similar businesses and plan sourcing of alternative raw materials
- Track production planning through scenario building: Assess key products and plan a strategy to source raw material for producing these products
- Estimate available inventory across the value chain: Estimate value and volume of existing inventory and leverage the data to accordingly plan your production
- Estimate for unavailable workforce: Take real-time stock with mandatory health check-ups for the entire on ground workforce and assess impact of affected workforce
… and many more.
Grant Thornton’s business consulting team can help you navigate your key supply chain implications
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