OVERVIEW OF INFRASTRUCTURE INDUSTRY

Over the years, the construction industry has experienced strong growth. Along with it, the challenges also get elevated in tandem with the increase in infrastructure demand. Rising material, labor costs, vendor tiffs are some conundrums the construction industry divulged in. Furthermore, there are state rules that vary from one state to another. With non-compliance with these regulations led by the state government, one may face heavy legal penalties. Infrastructure sector is the cornerstone of the Indian economy and plays an important role in accelerating the growth of India’s overall development.
The sector covers wide range of sub-groups namely:
  • Power
  • Roads & Highways
  • Ports
  • Railways & Metros
  • Telecommunication
  • Urban Infrastructures
Infrastructure

The following are some of the major challenges the Infrastructure industry is facing today:

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Project Manpower Deputation

Manpower plays a crucial role in any Projects, especially the blue-collared ones but feels hesitant when hiring it themselves as the requirement is in bulk. Reason: The long procedure of the recruitment process is quite challenging as it involves proper screening, background verification, on-boarding process, and ensuring labor law compliance. Hence, they prefer outsourcing manpower to an external agency instead of doing it all by themselves.

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Project Fixed Asset Management

Tracking and monitoring of industrial assets are of fundamental importance. It allows an enterprise to administer tools, machinery, equipment, etc. in order to strengthen its working condition. Through which an entity can reduce the risk of inventory losses, machines breakdown, and can increase the lifetime value of an asset. However, some enterprises still make use of traditional tracking and evaluating methods of their assets, ending up in inaccuracy, missing or erroneous information, ghost assets, and many such things.

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Warehouse Support Services

Project site industry possesses a colossal amount of raw materials and is often stored in a rural, secluded area. The chances of getting a spacious warehouse support system with proper security and storage system in such an area are minimal. Coming up with the complete solution from a small-sized to a large-sized warehouse for finished goods & raw materials. We take full responsibility for complete transactions involving receiving, issues and invoicing, and dispatch. Our Warehouse Support Services offers Order Handling, Warehouse Operations Management, Warehouse Software Implementation, Dispatch Verification, and POD Tracking.

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Additionally, We help this sector with below Offerings:

  • Implementation of Inventory Tool at Project Sites.
  • Project Site Audit
  • Site Stores Inventory Management Outsourcing
  • Receivables Management
  • H R Services – Placement, payroll, compliance
  • Facility Management
  • Fixed Assets – Capitalization, Numbering & Verification
  • Project Site Inventory Verification – Periodic / Perpetual
  • Reconciliation – Vendors / Contractors / Statutory
  • Site Stores Software Implementation
  • Project Manpower Deputation

Showroom Inventory Audit

We are one of the leading service providers for retail industry at PAN India level and we offer specific customised services which include showroom audit, compliance audits, warehouse audit, return / damaged stock audit, SOP audit, hygiene audit, dispatch audit, GRN audit, reconciliation and asset confirmation.