Welcome to the world of revolutionized SMEs i.e. SME 4.0
Industry 4.0 in SME, SME 4.0, Grow to SME 4.0, Consulting for SME 4.0
Flexibility, cost, efficiency, quality, and competitive advantage are found to be the key benefits to Industry 4.0 adoption in SMEs. Whilst many SMEs show a desire to implement Industry 4.0 technologies, in the form of low-cost automation and digitalization, for these reasons, financial and knowledge constraints are found to be key challenges.
Large manufacturing companies in India are IT enabled and well on track to adapting Industry 4.0 standards and becoming globally competitive to achieve growth and profitability. However, the MSMEs (Micro, Small & Medium Enterprises) where information flow is driven mainly by excel sheets, are lagging behind and struggling to catch up to the Industry 4.0 revolution’s advantages. MSMEs typically collect data manually into Excel sheets forwarding them up the management chain of command through e-mails, SMS & WhatsApp messages for further manual compilation into desired reports for top management or to comply with their client’s or larger manufacturer’s requirements. This time and labour intensive process causes delays and inefficiency in production and supply chain.
Industry 4.0 or SME 4.0 technologies have the potential to create extraordinary growth opportunities and competitive advantages across the world with digitisation & analytics as its initial steps. Experts forecast that businesses will be able to increase their productivity by almost 30-50 percent adapting SME 4.0 standards.
> SME 4.0 benefits.
Imagine a real-time dashboard portal for MSMEs where information about pending orders, inventory, production schedule, and dispatch details is available in real-time at the management’s finger tips. This information further feeding into models and reports to provide analysis of production capacity usage, idle time, delays in production and delivery, alerts and notifications, and much more.
While this intuitive insight and knowledge is no news to the MSME, it remains on their wish list due to not knowing where to begin and the assumed cost. MSMEs will benefit from adapting early to business 4.0 process and automation, digitization and analytics of manufacturing and supply chain which will provide insightful real-time information for effective decision making.
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At BIGrowtec, we offer very all-in-one power pack of special growth strategy, technology & consulting services for growth aspirant MSMEs for their smooth & fast transition to SME 4.0 > industry 4.0, and to start smart manufacturing and supply chain.
SME 4.0
The name SME 4.0 indicates the applicable 4th industrial revolution in the SME sector i.e the ongoing big technological and strategical transformation and globalization in small and medium enterprises (SMEs). At its heart, this represents an unprecedented fusion between and across digital, physical, and biological technologies. Digital technologies such as cloud, automation, machine learning, virtual and augmented reality, robotics, artificial intelligence, etc, are vital enablers of this transformation.
> SME 4.0 benefits
SME 4.0 technology or transition to technology 4.0 helps enterprises manage and optimize all aspects of their manufacturing processes, supply chains, and marketing. It gives access to the real-time data and insights needed to make smarter, faster decisions about business, which can ultimately boost the efficiency and profitability of the entire operation.
Because business or industry 4.0 technology is the biggest structural change of the past 250 years — a transformation of scale, scope, and complexity, unlike anything humankind has experienced before. So, at BIGrowtec, how we do? and
Who we are?
In this 4th industrial revolution stage, we provide holistic consulting, technology, growth strategy, market, and professional business services for MSMEs "to grow to SME 4.0" at an affordable cost. We focused on shoulder-to-shoulder working with potential micro, small, and medium businesses (MSMBs) to transform them into SME 4.0- and push them to grow to the next big level and market internationally. Because no other option for SMEs other than an immediate change to SME 4.0 for survival- if they
think value, think people, and think future
What we do for growth aspirant MSMEs?
At BIGrowtec, we focused on providing a-z consulting, technology, and services for MSMEs on growing to business 4.0 > SME 4.0 > industry 4.0 and the next big level- whatever the manufacturing, service, logistic, retail, wholesale, or distribution. Because today no other option for small businesses than to change to business 4.0 > SME 4.0 > industry 4.0 to compete in this tough market and grow to the next big level- the industrial technology revolution is that fast. So, there are only two options for small enterprises, adopt business 4.0 strategy and grow, or close forever.do we do
BIGrowtec Consulting
We have been providing a-z support to growth aspirant MSMEs and startups for their smooth transition to SME 4.0 and smart manufacturing and supply chain.
Our strategy, technology, and consulting services are focused on how to grow a normal MSME to SME 4.0 for more faster and smarter productivity, value, and profitability.
The five factors > SME 4.0
1- Low-cost automation and digitization- in production, supply chain, and marketing- to improve integration and total efficiency.
2- Combined way of multi-channel fundraising- because fund or finance is the most crucial part of a business.
2- Alliances and cooperatives- in the purchasing, marketing, and logistics- a must tool to reduce purchase costs, impress customers by offering lowest prices, and increase sales.
3- Multi-channels and alliances or cooperatives- in marketing and distribution- to reduce marketing costs, so increases sales, create brand image, and improves diversification.
4- Part-time c-suite leadership- and professional business services- to enterprises- to ensure quality professional management and administration at affordable cost. And
5- 100% market- through local, interstate and international market- through export, e-commerce, and marketing alliances.
we provide a-z for growth to SME 4.0 > industry 4.0 because our approach is holistic.
You dream it big.
We build it for you.
welcome to www.bigrowtec.com
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