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Consultancy Services

SPONSORED RESEARCH AND INDUSTRIAL CONSULTANCY (SRIC)

India is one of the fast-developing economy and it offers huge opportunities for people to contribute and to economic development and increase the standard of livings. IIM Mumbai is trying to contribute its’ ‘squirrel role’ to bring industrial revolution in the country. The SRIC department at IIM Mumbai plays a vital role in the industry outreach activities.

Applied Research plays a significant role in creating knowledge and thus contribute to industry and society. With a wide diversity of research expertise available within the Institution, IIM Mumbai is geared to take up leadership through Sponsored Research and Industrial Consultancy (SRIC) across the domain of Industrial engineering and management.

Sponsored Research & Industrial Consultancy (SRIC) of IIM Mumbai has been undertaking the sponsored research activities, funded through various agencies along with the executive education & consultancies for the industry. The activities start from proposal submission, project management including accounting, recruitment of research personnel, interactions with the funding agency, protection of IPR and technology transfer. Additionally, SRIC plays a very vital role in new research initiatives of the Institute and implementation of various national initiatives such as NEP

SRIC provides the external linkages with industry, academia, and government bodies to strengthen the knowledge creation and dissemination.

Objective

India is one of the fast-developing economy and it offers huge opportunities for people to contribute and to economic development and increase the standard of livings. IIM Mumbai is trying to contribute its’ ‘squirrel role’ to bring industrial revolution in the country. The SRIC department at IIM Mumbai plays a vital role in the industry outreach activities.

Applied Research plays a significant role in creating knowledge and thus contribute to industry and society. With a wide diversity of research expertise available within the Institution, IIM Mumbai, Mumbai is geared to take up leadership through Sponsored Research and Industrial Consultancy (SRIC) across the domain of Industrial engineering and management.

Sponsored Research & Industrial Consultancy (SRIC) of IIM Mumbai, Mumbai has been undertaking the sponsored research activities, funded through various agencies along with the executive education & consultancies for the industry. The activities start from proposal submission, project management including accounting, recruitment of research personnel, interactions with the funding agency, protection of IPR and technology transfer. Additionally, SRIC plays a very vital role in new research initiatives of the Institute and implementation of various national initiatives such as NEP

SRIC provides the external linkages with industry, academia, and government bodies to strengthen the knowledge creation and dissemination.

Every organization periodically needs external consultancy when:

  • Need arises for expertise which is not AVAILABLE WITHIN THE ORGANIZATION.
  • Additional support necessary to broaden and update the experience available in the organization Is required.
  • A fresh, impartial, and holistic outlook may be more beneficial.
  • Experience of other organizations may be of great help.

IIM Mumbai’s Goals for Consultancy Services

Consultancy assignments are undertaken by IIM Mumbai through faculty members as individuals/ teams on a selective basis to meet the following goals:

  • Provide service to the industry by sharing expertise and competence of experienced IIM Mumbai faculty to diagnose and solve Industrial problems objectively in selected areas of Industrial engineering and management.
  • Provide services of inter- disciplinary team of IIM Mumbai faculty to apply latest concepts/ methodologies/ research validated approaches to solve real life problems in business and industry.
  • Help the faculty in developing case studies/ course material, which can be used, with permission from host-organization, for dissemination of knowledge to executives/ students.
  • Maintain close linkage and liaison with business and industry.

Our approach in Consultancy Services

IIM Mumbai’s faculty socialists (one or more) conduct PRE-CONSULTANCY SURVEY (PCS) on nominal charges for 1 or 2 days in the organization; meet key executives in order to identify and define the problem and develop a CONSULTANCY PROPOSAL with terms of reference, estimated consultancy fee and duration for completing the assignment.

100% of the Consultancy Fee is payable in advance, before commencement of the assignment. IIM Mumbai encourages a participative approach and joint study with executives, staff and employees of the organization during the detailed consultancy assignment. This provides as opportunity for client personnel to understand the nature of problem(s). approach to the solution (s) and have training on the job. This also helps in smoothly implementing the recommendations evolved as a result of joint study, particularly in the sensitive areas e.g. wage/ salary matters and workload studies, etc.

Pre-Consultancy Survey (PCS) Terms:

  1. A token Fee ₹ 10.000/- per consultant per day, to do the PCS.
  2. Travelling expenses of faculty members/s, (minimum 2 faculty), to and fro by air and local transportation at both ends.
  3. Boarding and Lodging expenses of the faculty member/s at destination.

CONSULTANCY ASSIGNMENT AREAS

01

Industrial Engineering/ Method Study and Work Measurement

  • Industrial Engineering Study
  • Method Study/ Methods Improvement and Work Measurement
  • Work study and Time Study
  • Business Process Re- engineering (BPR) Study Time and Motion Study
  • Operations Research Project Module
02

Productivity Improvement Studies

  • Productivity & Cost Effectiveness Productivity Study
  • Pilot Plant Efficiency Study
03

Manpower Assessment

  • Human Capital Assessment
  • Job Evaluation & Gradation
  • Manpower Assessment / Utilisation Study Manpower Optimization Study Manpower Systems & Renationalisation
  • Manpower Aeging Study
04

Incentive Measurement Studies

  • Developing Incentives Scheme
  • Establishing Productivity and Profitability Linked Incentive Scheme
  • Devising the Profitability and Productivity Linked Bonus (Incentive) Scheme
05

. Material Handling and Layout Planning

  • Assessing Area Requirement for Production of Manpower- Ergonomics Study
  • Evaluation of materials Handling Systems Facility Layout Upgradation
  • • Layout Study & Establishing Time Standards
06

Organisation Restructuring

  • Re-structuring of Non- Teaching Positions Staffing Norms & Organizations Structuring Study
  • Job Contract for Production & Maintenance Functions.
07

Operational Improvement Studies

  • Maintenance Management/ Total Productive Maintenance
  • Capacity Assessment
  • Cost Reduction
  • Value Engineering
  • Total Quality Management
08

Supply Chain Management Studies

  • Direct Port Delivery (DPD) & Dural Cycling of Loading/ unloading Activity
  • Materials Management System
  • Supply Chain Audit for Circulation Process
09

Ergonomic Studies

  • Ergonomics Audits
  • Ergonomic Study
10

Ergonomic Studies

  • Environmental Cost Benefit & Analysis Study Social Impact Evaluation for CSR-CD Activities Developing Sustainability Report
  • Energy Management
  • Waste Management
  • Safety and Welfare
11

Marketing Studies

  • Evaluation of Advertisement Campaign on Apprenticeship Training Scheme

List of Our Clients:

Adani Gas Limited Ahmedabad Adani Green Energy Ltd. Apcotex Industries Limited Air India
Ambuja Cements Ltd. All India Council for Technical Education A Infrastructures Ltd. Baerlochar India Additives Pvt. Ltd.
Bennett. Coleman & Co. Ltd. Mumbai Bharat Electronics Ltd. Bharat Petroleum Corp. Ltd. Biological E. Ltd.
Board od Apprenticeship Training (WR) Bombay Tyres International Ltd. Cargill India Pvt. Ltd. Pune CEAT Ltd.
Century Rayon Ltd. Central Warehousing Corporation Coromandel International Ltd. Diligent Media Corps. Ltd. (DMA)
Dork Ketal Chemical India Pvt. Ltd. Dredging Corpn. Of India Ltd. Dr. Reddy’s Laboratories Ltd. Hyderabad E- Merck (India) Ltd.
GAIL (India) Ltd. Godrej Aerospace Godrej & Boyce Mfg. Co. Ltd. Glaxo Smithkline Pharmaceutical Ltd.
Grasim Industries Ltd. Gujarat State Fertilizers & Chemical Ltd. Gujarat Alkalies & Chemicals Ltd. Vadodara Gujarat Narmada Valley Fertilizers & Chemicals
Limited, Gujarat. Haldia Petrochemicals Ltd. HEG. Ltd. Herdilia Chemicals
Hindalco Industries Ltd. Hindustan Petrochemicals Ltd. Hindustan Petroleum Corp. Pvt Ltd. Hindustan Unilever Ltd.
H & R Johnson IDBI IG Petrochemicals Ltd. Indian Oil Corporation Ltd.
Indian Rayon Industries IndofiI Industries Ltd. Indo- Gulf Fertilisers & Chem. Corpn. Ltd. IOT Infrastructure Energy Services Ltd.
ITC Limited Intas Pharmaceutical Ltd. Jawaharlal Nehru Port Trust JSW Jaigarth Port Ltd, Mumbai
Jindal Iron & Steel Co. Ltd. Jute Manufactures Development Council Kasturi and Sons Pvt. Ltd. Kochi Refi. neries Ltd.
KSB Pumps Ltd. Larsen & Toubro Limited. Bangalore Larsen & Toubro Limited, Mumbai L ‘Oreal India Pvt. Ltd.
Mahagenco Ltd. Maithon Power Ltd. Marpol India Pvt Ltd. MPF Ltd.
Mangalore Refinery & Petrochemical Ltd. Merind Ltd. Mundra Port & Special Economic Zone Ltd. NEFE Limited
NTPC Ltd. Oman Airways P.D. Hinduja Hospital & Medical Research Centre PEC University of Technology
Pidilite Industries Ltd. Privi Organics Ltd. Prism Cement Ltd. Ranbaxy Limited
Rashtriya Chemicals & Fertilizers Ltd. RMC Readymix (India) S.H. Kelkar & Co. Pvt. Ltd. SRF Ltd.
Sundaram Fasteners Ltd. Silica Ceramica Pvt. Ltd. Tata Electric Co. Ltd. Tata Power Co. Ltd.
Transformers & Rectifiers (India) Ltd. Ahmedabad TTK-LIG and SSL-TTK Transformers & Electricals Ltd
TVS Motor Company Limited, Hosur Viraj Group of Cos. Wanbury Ltd. Zee News Ltd.