Download - Be1st Profile 2006 Management
Be1st Advisors Pvt. Ltd.Be1st Advisors Pvt. Ltd.
ProfileProfile
About Be1st AdvisorsAbout Be1st Advisors
Be1st AdvisorsBe1st Advisors is a unique organization focused entirely on is a unique organization focused entirely on providing knowledge based services and solutions to leading providing knowledge based services and solutions to leading companies in the textile industry. Be1st Advisor's services are companies in the textile industry. Be1st Advisor's services are built around offering integrated strategy, process and built around offering integrated strategy, process and technology deployment solutions to its clients. Our key sectors technology deployment solutions to its clients. Our key sectors of focus is lifestyle , Retail.of focus is lifestyle , Retail.
Since our inception in 2006, as a Management Consulting firm Since our inception in 2006, as a Management Consulting firm across diverse industries, we have offered services to have far across diverse industries, we have offered services to have far reaching impact on client businesses.reaching impact on client businesses.
Founded on the principle of "concept to commissioning", we Founded on the principle of "concept to commissioning", we are strategic advisors to our clients during the ideation phase, are strategic advisors to our clients during the ideation phase, implementation guides through start-up and a trusted advisor implementation guides through start-up and a trusted advisor overall. Many of our projects come from repeat clientsoverall. Many of our projects come from repeat clients
Our team currently comprises 20+ skilled professionals from Our team currently comprises 20+ skilled professionals from
leading international and Indian engineering and management leading international and Indian engineering and management institutes. Most of our consultants have hands-on industry institutes. Most of our consultants have hands-on industry experience in their fields of specialization and represent a wide experience in their fields of specialization and represent a wide variety of functional backgrounds. This enormous knowledge variety of functional backgrounds. This enormous knowledge and talent pool enables Be1st to create special customized and talent pool enables Be1st to create special customized teams for each project depending upon the client teams for each project depending upon the client requirements. requirements.
About Be1st AdvisorsAbout Be1st Advisors
Consultants, with over 70% of our Consultants, with over 70% of our business involving implementation work business involving implementation work with clients. Our team comprises 20+ with clients. Our team comprises 20+ skilled professionals in our two offices in skilled professionals in our two offices in Mumbai & Jaipur. From these offices, we Mumbai & Jaipur. From these offices, we consult with clients all over India.consult with clients all over India.
Be1st Advisor's consulting services Be1st Advisor's consulting services traverse from strategy to implementation, traverse from strategy to implementation, from fiber to retail. Be1st Advisors has an from fiber to retail. Be1st Advisors has an impressive track record of helping clients impressive track record of helping clients improve their performance in tandem with improve their performance in tandem with their mission, values, objectives and their mission, values, objectives and market realities of their industries. Our market realities of their industries. Our clients are leaders in their market sectors. clients are leaders in their market sectors.
Mission StatementMission Statement
To Provide leading edge consulting and To Provide leading edge consulting and implementation expertise to lifestyle implementation expertise to lifestyle Sector.Sector.
We help customers build and grow retail We help customers build and grow retail
businesses based on expertise and in-businesses based on expertise and in-depth research and analysis.depth research and analysis.
To enable our clients to develop and To enable our clients to develop and sustain outstanding performance by sustain outstanding performance by delivering innovative high value service.delivering innovative high value service.
Mission StatementMission Statement
To provide our Associates with To provide our Associates with superior rewards and the superior rewards and the opportunities to fully develop their opportunities to fully develop their capabilities.capabilities.
To provide our shareholders with a To provide our shareholders with a superior return on their investment. superior return on their investment.
VisionVision
To be the To be the most most preferred Management Consulting Management Consulting
firm producing high value firm producing high value results for its clients in the results for its clients in the retail and fashion industry. retail and fashion industry.
ServicesServices
Be1st Advisor's services spanBe1st Advisor's services span Fast Fast and Flexible Operations, Global and Flexible Operations, Global Sourcing, Business Strategy, Sourcing, Business Strategy, Marketing and Customer targeting, Marketing and Customer targeting, Improved Product Development, Improved Product Development, Cost Reduction, Supply Chain, Cost Reduction, Supply Chain, Property, Logistics, Inventory Property, Logistics, Inventory Management and IT. Management and IT.
About Be1st AdvisorsAbout Be1st Advisors
Specialist management consulting firm with focus on retail, textile and apparel sectors
Started in 2006 - currently in its 4th year of operation
Two office locations (Mumbai and Jaipur)
Provided implementation, not just reports
Conducted 25 cases in less than 3 years
Be1st Advisors ExpertsBe1st Advisors Experts From premier engineering and institutes -
including IIM, IIT, IIFT, NIFT, …to name a few Average age ~ 32 years Represent a wide variety of functional
backgrounds – including Finance, Engineering, Marketing, Merchandising and Textiles
Most have hands-on industry experience in their field of specialization
Availability of this enormous talent and knowledge pool enables Growth Scenario to create special and customized teams for each project depending on the requirements
Plan to grow to a 50+ team by Dec 2015
Our ServicesOur Services - - Strategy Strategy PracticePractice
GROWTH STRATEGYGROWTH STRATEGY MARKET STRATEGYMARKET STRATEGY BUSINESS PLANSBUSINESS PLANS GLOBAL EXPANSION STRATEGYGLOBAL EXPANSION STRATEGY INNOVATION STRATEGYINNOVATION STRATEGY INDIA ENTRY STRATEGYINDIA ENTRY STRATEGY
GROWTH STRATEGYGROWTH STRATEGY
Our Growth Strategy Practice will assist Our Growth Strategy Practice will assist you inyou in
envisioning and defining a strategic envisioning and defining a strategic direction direction
for your organizations.for your organizations.
We help you blueprint a strategy for We help you blueprint a strategy for growth to capitalize on market growth to capitalize on market opportunities by leveraging on your opportunities by leveraging on your existing capabilities, or recommending existing capabilities, or recommending new competencies that you should build. new competencies that you should build.
MARKET STRATEGYMARKET STRATEGY
We can develop a strategy to help you We can develop a strategy to help you attack attack
and capture a particular market segment and capture a particular market segment based based
on an in-depth study of market on an in-depth study of market intermediaries, competition and intermediaries, competition and distribution. We identify the right product distribution. We identify the right product customization strategies, determine an customization strategies, determine an appropriate pricing strategy and formulate appropriate pricing strategy and formulate sales, promotion and distribution plans. sales, promotion and distribution plans.
BUSINESS PLANSBUSINESS PLANS
We help you diversify your revenue We help you diversify your revenue streams and manage business streams and manage business risks by identifying new market risks by identifying new market opportunities for you to explore, opportunities for you to explore, based on your capabilities and based on your capabilities and resources. We then help you resources. We then help you prepare detailed plans for new prepare detailed plans for new ventures and assess their ventures and assess their feasibility, with specific focus on feasibility, with specific focus on implementation planning.implementation planning.
GLOBAL EXPANSION GLOBAL EXPANSION STRATEGYSTRATEGY
Through our network of Associate Through our network of Associate Firms in markets around the world, Firms in markets around the world, we can help you develop and we can help you develop and implement global strategies that implement global strategies that will power your organization’s will power your organization’s growth. We combine our strategy growth. We combine our strategy expertise with our Associate Firms' expertise with our Associate Firms' local market knowledge to local market knowledge to facilitate your access to new facilitate your access to new markets.markets.
INNOVATION STRATEGYINNOVATION STRATEGY Innovation is the biggest challenge and Innovation is the biggest challenge and
opportunity faced by business today, on opportunity faced by business today, on the path to look beyond the horizon. the path to look beyond the horizon. Innovation requires jumping out of the Innovation requires jumping out of the current contextual framework into a current contextual framework into a new paradigm, not easily visible from new paradigm, not easily visible from the existing position. We use a the existing position. We use a combination of workshops and combination of workshops and consulting, to coax your organization consulting, to coax your organization out of its inertia and transit you into a out of its inertia and transit you into a discomfort zone that is more conducive discomfort zone that is more conducive for innovative ideas to flourish.for innovative ideas to flourish.
INDIA ENTRY STRATEGYINDIA ENTRY STRATEGY
As India rapidly emerges into a major As India rapidly emerges into a major market for global businesses, most market for global businesses, most firms need to explore the Indian firms need to explore the Indian business landscape to tap the business landscape to tap the growing market, or to seek resources. growing market, or to seek resources. We develop a strategy for Global We develop a strategy for Global Clients to enter the Indian market by Clients to enter the Indian market by leveraging our extensive knowledge leveraging our extensive knowledge of the Indian business environment.of the Indian business environment.
Transaction Services Transaction Services PracticePractice
PARTNER SELECTIONPARTNER SELECTION STRATEGIC DILIGENCESTRATEGIC DILIGENCE POST-MERGER INTEGRATIONPOST-MERGER INTEGRATION NEGOTIATION STRATEGYNEGOTIATION STRATEGY ALLIANCE STRATEGYALLIANCE STRATEGY
PARTNER SELECTIONPARTNER SELECTIONThe search for growth and the need to complementThe search for growth and the need to complementcapabilities often results in organizations seeking to capabilities often results in organizations seeking to
workworkwith partners around the world. Working with the rightwith partners around the world. Working with the rightpartner, however, is critical for success. We helppartner, however, is critical for success. We helporganizations to clearly establish the drivers, objectivesorganizations to clearly establish the drivers, objectivesand outcomes of a robust partnering strategy. We and outcomes of a robust partnering strategy. We
researchresearchthe market for interested partners, seek expressions ofthe market for interested partners, seek expressions ofinterest and assist in the short listing 2-3 ideal partners,interest and assist in the short listing 2-3 ideal partners,based on clearly defined selection criteria. based on clearly defined selection criteria.
STRATEGIC DILIGENCESTRATEGIC DILIGENCE
We conduct this service for Private Equity / We conduct this service for Private Equity / M&A Firms and for Clients considering M&A Firms and for Clients considering strategic partnerships, acquisitions, strategic partnerships, acquisitions, mergers, or investments as an avenue to mergers, or investments as an avenue to growth. We screen and select potential growth. We screen and select potential targets for you and assess the strategic targets for you and assess the strategic and operational fit between both entities, and operational fit between both entities, prior to the transaction. Our goal is to help prior to the transaction. Our goal is to help you understand how you can really create you understand how you can really create value through the proposed partnership value through the proposed partnership and minimize the risk of failure.and minimize the risk of failure.
POST-MERGER POST-MERGER INTEGRATIONINTEGRATION
A majority of mergers and acquisitions fail A majority of mergers and acquisitions fail because of poor planning for integration because of poor planning for integration between the two entities. Our PMI service between the two entities. Our PMI service assesses the variance between the assesses the variance between the strategies, people, processes and culture strategies, people, processes and culture of the two organizations and develops a of the two organizations and develops a risk mitigation strategy tonsure that a risk mitigation strategy tonsure that a time bound integration happens. This time bound integration happens. This service is targeted to mid-sized businesses service is targeted to mid-sized businesses considering acquisitive growth.considering acquisitive growth.
NEGOTIATION STRATEGYNEGOTIATION STRATEGYHow do you create an alliance with a partner that createsHow do you create an alliance with a partner that createssubstantially more value for both parties and does notsubstantially more value for both parties and does notleave too much money on the table? How do you,leave too much money on the table? How do you,together, negotiate to a point where you create greatertogether, negotiate to a point where you create greatervalue jointly, rather than simply claiming value from eachvalue jointly, rather than simply claiming value from eachother? We can assist you to develop a winning negotiatingother? We can assist you to develop a winning negotiatingstrategy with your new Partner, that can serve as an inputstrategy with your new Partner, that can serve as an inputto other professionals supporting you, like lawyers,to other professionals supporting you, like lawyers,investment bankers and accountants, so that yourinvestment bankers and accountants, so that yournegotiation outcomes are the best they can possibly be.negotiation outcomes are the best they can possibly be.
ALLIANCE STRATEGYALLIANCE STRATEGY
Once you have selected a Partner to Once you have selected a Partner to ally with, the next crucial stage is to ally with, the next crucial stage is to analyse the areas where your analyse the areas where your capabilities can be complemented capabilities can be complemented with your Partner’s capabilities. We with your Partner’s capabilities. We will define the most suitable mode will define the most suitable mode of alliance that meets your needs; of alliance that meets your needs; whether an equity alliance, non-whether an equity alliance, non-equity alliance or an arms-length equity alliance or an arms-length partnership.partnership.
Supply Chain PracticeSupply Chain Practice
DISTRIBUTION & LOGISTICSDISTRIBUTION & LOGISTICS
PROCESS EXCELLENCEPROCESS EXCELLENCE
Organization Design PracticeOrganization Design Practice
PERFORMANCE MANAGEMENT PERFORMANCE MANAGEMENT
ORGANISATION STRUCTURINGORGANISATION STRUCTURING
DISTRIBUTION & DISTRIBUTION & LOGISTICSLOGISTICS
We work closely with you to optimize your distributionWe work closely with you to optimize your distribution
chain and logistics costs, by examining the channel andchain and logistics costs, by examining the channel and
aligning your channel usage to the product-market mixaligning your channel usage to the product-market mix
most suited to it. We will develop a strategy to most suited to it. We will develop a strategy to transformtransform
your supply chain performance by integrating andyour supply chain performance by integrating and
improving the end- to- end proc e s s tha t involve splimproving the end- to- end proc e s s tha t involve spl
anning, sourcing, manufacturing, and distribution. Weanning, sourcing, manufacturing, and distribution. We
identify opportunities to reduce in-bound, in-plant andidentify opportunities to reduce in-bound, in-plant and
outbound inventory based on demand and supply outbound inventory based on demand and supply constraints.constraints.
PROCESS EXCELLENCEPROCESS EXCELLENCE
Our process excellence practice improves Our process excellence practice improves your processes to establish a competitive your processes to establish a competitive edge. We adopt a “processview” of your edge. We adopt a “processview” of your business, as opposed to a functional view, business, as opposed to a functional view, allowing you to see your organization as a allowing you to see your organization as a whole rather than as departments or whole rather than as departments or functions. We will work closely with you to functions. We will work closely with you to analyse each business process and target analyse each business process and target where improvements can be made by where improvements can be made by compressing time, reducing cost and compressing time, reducing cost and increasing quality.increasing quality.
Organization Design PracticeOrganization Design Practice ORGANISATION STRUCTURINGORGANISATION STRUCTURING
Our Organization Design Practice service will assist youOur Organization Design Practice service will assist youin managing and retaining your talent pool, to achievein managing and retaining your talent pool, to achieveyour strategic agenda. In these times when competitiveyour strategic agenda. In these times when competitivestrategies are easily imitable, your people remain the strategies are easily imitable, your people remain the
mostmostsignificant and sustainable competitive advantage of yoursignificant and sustainable competitive advantage of yourorganization. We will work closely with you to design anorganization. We will work closely with you to design an““Adaptive Organization” that will mould to the needs ofAdaptive Organization” that will mould to the needs ofyour business, with job descriptions and profiles for eachyour business, with job descriptions and profiles for eachposition. We can build a score card system that links theposition. We can build a score card system that links theperformance of every employee, to your overall strategyperformance of every employee, to your overall strategyand define a compensation strategy.and define a compensation strategy.
Organization Design PracticeOrganization Design Practice
PERFORMANCE MANAGEMENTPERFORMANCE MANAGEMENT
Performance management remains one of the Performance management remains one of the biggest challenges of CEOs irrespective of the size biggest challenges of CEOs irrespective of the size of the organization and the industry they operate of the organization and the industry they operate in: the challenge is to align performance measures in: the challenge is to align performance measures with the business agenda. We help organizations with the business agenda. We help organizations create a dashboard of indicators that are crucial create a dashboard of indicators that are crucial to measure in the context of the overall business to measure in the context of the overall business strategy and align individual's and team goals strategy and align individual's and team goals around these measures. Measures are carefully around these measures. Measures are carefully designed and balanced, not only to drive designed and balanced, not only to drive performance but also to drive the right behavior performance but also to drive the right behavior and values. We also define an overall process of and values. We also define an overall process of managing performance including frequency of managing performance including frequency of reporting on crucial Parameters, governance and reporting on crucial Parameters, governance and feedback mechanisms. The performance feedback mechanisms. The performance management framework is integrated with reward management framework is integrated with reward mechanisms to create a high performance culture.mechanisms to create a high performance culture.
Fashion Consulting SnapshotFashion Consulting Snapshot
Fashion Consulting OfferingsFashion Consulting Offerings
Total Solution ProviderTotal Solution Provider
Retail – End to EndRetail – End to End
End to End - CapabilitiesEnd to End - Capabilities
The Be1st AdvantageThe Be1st Advantage
Amit Dahima - Founder Director
Be1st Advisors Pvt. Ltd.74, Laxmi Bldg., 4th Floor, Sir. P. M. Road, Fort,Mumbai –
400001. 305, Jaipur Stock Exchange, Malviya Nagar, JLN Marg,
Jaipur. Tel: +91. 99288 24550, +91. 94133 65848, +91.
88907 12121E: [email protected]