Industrial Consultancy

about

Industrial Consultancy

Operations consulting, ie advisory and/or implementation services that improve a company's internal operations and performance in the value chain, defines the success of the company. TECG’s operations management consulting projects create more effective client operations by advising on and supporting with the implementation of changes to target operating model, functional business processes, management systems, culture and other elements part of the value chain. Our Services includes the following

Technical Due Diligence

Our team of engineers analyse the condition, reliability, level of maintenance, suitability and other relevant technical aspects of plant, machinery, and equipment for the benefit of potential acquirers, investors and financiers.

Technical Due diligence is inevitable for transactions involving mergers, acquisitions, and project financing etc. Now a days companies are giving due weightage to technical due diligence along with financial and legal due diligence required for such transactions.

The typical scope of work for Technical Due Diligence is as follows
  • Condition analysis of plant & machiner
  • Assessment of condition of buildings and structures
  • Verification of production capacity
  • Technical capability of the facility to support the projected growth plan meaning to evaluate if the plant is capable enough to undertake the required increase in production as projected by the client
  • Overall plant metrics (operating condition/process flow, etc.) and proffer potential solutions, if applicable.
  • Assessment of the risk in view of the plant’s & its core assets suitability for future upgrades, improvements or potential expansion possibilities.
  • Assessment of level and quality of maintenance
  • Estimation of future maintenance and repair costs
  • Estimation of potential replacement costs of irreparable assets
  • Evaluating key risks to the production facility and/or building structures
  • Reviewing compliance with industry standards
  • Assessment of technology, project cost and defined implementation schedule
  • Evaluating Technical and / or Functional Obsolescence related to facility, plant, machinery and equipment
  • Claim Dispute Evaluation
Asset Advisory

TECG’s Industrial Consulting team brings forth innovative solutions combined with the latest tools to address the complex challenges being faced by various sectors and industries in developed and developing economies of scale

Residual Life Assessment

We undertake “Residual Life Assessment” study for various plant, machinery & equipment particularly important from IFRS Implementation perspective and supports in streamlining of organisational maintenance policies and procedures.

Condition Assessment

Our experience in the field and quality control process enables us to provide technically accurate property condition assessment reports, reliable recommendations and detailed budgeting, helping our clients to make appropriate business decisions. Our services combine pure condition assessments with analyses of facility improvements and modifications necessary to support client-specific operational or program requirements.

Asset Counting & Tagging

We provide asset verification and tagging services to organisations across all industries as the first step to implement Enterprise Asset Management. This helps clients in knowing exactly what assets they currently have, where these assets are located and how these assets are changing over time and allows a company to keep track of details of each fixed asset, ensuring control and preventing misappropriation of assets.

FAR (Fixed Asset Register) Preparation

Every industry from manufacturing to healthcare and non-profit to real estate has unique financial and compliance risks in addition to potential tax consequences. When you trust us with your fixed asset management, you can have peace of mind that your assets will be reported correctly, and we keep your records and equipment lists up to date so that you don’t have to. Our team performs floor-to-book reconciliation of the fixed asset register supporting financial reporting requirements.