Delivering value through Chartered Engineering Services
Chartered Engineering Service & PLI Scheme
Last year a reputed company approached us for Chartered Engineering services. Chartered Engineering services are often sought in, designing, planning, managing, and implementing engineering projects, conducting feasibility studies, performing technical analysis, ensuring compliance with regulations and standards, monitoring the implementation and operation of engineering systems and projects, certifying the fitness of machines and systems, certifying capexand many other areas. The client’s requirement was in relation to compliance with PLI scheme.
PLI scheme have been rolled out for identified products in various sectors. These sectors are, electronics manufacturing, pharmaceuticals, medical devices, automobiles, telecom equipment and textiles. The Indian Government by implementing PLI scheme aims to strengthen domestic industries in the specified sectors, so that the industry can be more competitive by reducing their production costs, promoting economies of scale, encouraging technology adoption and improving product quality. Under this scheme, the eligible manufacturing companies receive financial incentives based on their incremental production and investment. The incentives provided through this scheme can be in the form of cash subsidies, tax benefits, or a combination of both.
How do we deliver value
The client had several questions on, the experience of our team, ability to turnaround in a timely manner, ability to mobilize engineers across different locations almost at the same time, adoption of ethical values, retention, and retrieval of data for a longer tenure and of course the professional fee. The company is a leader in the pharmaceutical products manufacturing in India with presence in six states. Following ethical values in their business processes was of paramount importance. It was logical because the company protects information closely and a careful review of the consultants could protect them from information leakage.
After successful completion of a set of deliveries, we are now the most preferred vendor for the client. And this is not a standalone case. There are many other cases too, when our clients have come back to us repeatedly for their requirements. The reasons are many, but what the clients likes the most are,
- Being Open: Discussion and negotiation with the client starts with open exchange of information. We discuss our approach, methodology and our values at length, because we believe that keeping client in the dark in the initial stage causes future problems. Our clients respect us for the openness in our dealings.
- Advantage Location: Having presence in 28 locations helps us in bringing experienced resources on time. This, to some extent, helps in a quick turnaround.
- Experience counts: Our team comprising of more than 300 engineers helps us accessing experienced and skilled resources in a short span.
- Methodical in dealing: We set the approach and methodology in the beginning. All possible points are discussed and recorded. This approach is adopted although the execution of the project.
- Objectivity: Being objective is our way of working and we always remain focused on the discussed scope. Our objective assessment brings out important issues and this helps our clients in taking decisions quickly.
- Confidentiality & Professionalism: Our clients are comfortable with our approach for data / information protection mechanism. The professionalism exhibited by our project team enhances customer’s confidence.
Conclusion
In any consulting service, looking at the value that the consultant can bring in on the table is the primary objective and most often it is valued higher than the commercial terms. Chartered Engineering Services are essential for business competitiveness. Hence, selection of right consultant makes the difference.