BUSINESS ADVISORY
SERVICES



BUSINESS ADVISORY SERVICES

HMC Advisory experts work with tyou to settle down the complexity of current and upcoming rapidly changing marketplace. We leverage the knowledge and skills across our global network of firms to develop practical recommendations designed to help you work smarter, transform digitally, grow faster and compete stronger.

We are trusted advisors to the world’s leading organizations. They choose us because we are known for our talented people, technical expertise, deep industry insights and our ability to get the job done.

PLANNING,BUDGETING & FORECASTING

SUPPLY CHAIN MANAGEMENT & IMPLEMENTATION

ORGANIZATIONAL RESTRUCTURING

ASSET VERIFICATION

MERGERS, ACQISITION & BUSINESS SALE

PLANNING BUDGETING AND FORECASTING




PLANNING

A top-down strategic plan that defines the strategic aims of the enterprise and high-level activities required to achieve the goals of the organization. Developing a strategic business plan can help to identify business entities where they are today, and where they want to be tomorrow, steps to be taken to remain on the course and to ensure the future success of business entities.


BUDGETING

Budget is the detailed representation of the future results and financial targets that an organization expects to achieve during a certain period of time. Budget forces business entities to consider problems before they arise. It enables resource allocation to be aligned to strategic goals and targets set across the entire organization. A good budget is a necessity in a good business plan. It is one of the best business tools, how decisions are made, how responses are formulated to steer the organization and how to measure future performance.


FORECASTING

A forecast that tracks the expected performance of the business, so that timely decisions can be taken to address shortfalls against target or maximize an emerging opportunity. In addition to goal setting value, budgets will often improve your chances of acquiring funding. Financers often require budgets as a prerequisite for funding approval. We work closely with our clients to create annual budgets with the highest level of detail and supporting data. In addition, our forecasting tools allow for anticipated variances that keep the budgets in line.



BENEFITS WITH US

Optimized business budgets

An increase in forecast accuracy

Increased business responsiveness

More accurate operational strategy for business plans

Improved decision making leading to optimize use of resources

More competitive advantage while preparing for unexpected costs

Recommendations for the most suitable remedial steps to bring actual results bank into line with the budget.

OUR BUDGET & FORECASTING SERVICES INCLUDE:

Trend Analysis

Industry Benchmarking

Budget Modeling

Cash Flow Projections

Monthly Reporting and Budget Comparison



SUPPLY CHAIN MANAGEMENT AND IMPLEMENTATION

Supply chain management is the streamlining of a business' supply-side activities to maximize customer value and to gain a competitive advantage in the marketplace. Supply chain management (SCM) represents an effort by suppliers to develop and implement supply chains that are as efficient and economical as possible. Supply chains cover everything from production, to product development, to the information systems needed to direct these undertakings.

The supply chain management processes typically include the following:

Customer Relationship Management

Supplier Relationship Management

Customer Service Management

Demand Management

Order Fulfillment

Manufacturing Flow Management

Product Development and Commercialization

Returns Management

Logistic Management



Disruptions

Natural disaster

Labour dispute

Supplier Bankruptcy

War and terrorism

Dependency on a single source of supply as well as the capacity and responsiveness of alternative suppliers

Delays

High capacity utilization at supply source

Inflexibility of supply source

Poor quality or yield at supply source

Excessive handling due to border crossings or to change in transportation modes

Systems

Information infrastructure breakdown

System integration or extensive systems networking

E-commerce


Forecast

Inaccurate forecasts due to long lead times, seasonality, product variety, short life cycles, small customer base

Bullwhip effect" or information distortion due to sales promotions, incentives, lack of supply-chain visibility and exaggeration of demand in times of product shortage


Intellectual Property

Vertical integration of supply chain

Global outsourcing and markets

Procurement

Exchange rate risk

Industry wide capacity utilization

Long-term versus short-term contracts

Percentage of a key component or raw material procured from a single source

Receivables

Number of customers

Financial strength of customers


Inventory

Rate of product obsolescence

Inventory holding cost

Product value

Demand and supply uncertainty

Capacity

Cost of capacity

Capacity flexibility

SCM

Typically, SCM will attempt to centrally control or link the production, shipment and distribution of a product. By managing the supply chain, companies are able to cut excess fat and provide products faster. This is done by keeping tighter control of internal inventories, internal production, distribution, sales and the inventories of the company's product purchasers. SCM is based on the idea that nearly every product that comes to market results from the efforts of various organizations called the supply chain. Although these supply chains have existed for ages, until recently most companies have paid only scant attention to them. We use best-in-class processes, cutting-edge tools and our deep understanding of market-leading supply chain organizations to help enterprises move beyond cost savings and make supply chain their competitive advantage.



ORGANIZATIONAL RESTRUCTURING

Organizational restructuring may involve increasing or decreasing the layers of manpower between the top and the bottom of an organization, or reassigning roles and responsibilities. The objective of restructuring is to align organizational structure with business strategy. The process optimizes and improves corporate governance, management systems, business process efficiencies and human resource performance, upgrades cost and operational efficiency. We conduct a series of detailed assessments and identify the areas that require change and recommend a plan of action that facilitates perpetual growth.

We provide a full range of restructuring services and solutions that range from initial organizational diagnosis and performance assessments to the realization of business process re-engineering

We assess existing processes to determine the impact of change on the business entity which will define the gaps in the existing structure and make changes effective. After that, we assign and align organization components and develop and execute a change management plan to define the drivers of the intended structural change and its overall impact on the business. We work in very close cooperation with our clients and implement our services through a predetermined and pre-agreed change management process.

We provide comprehensive re-structuring process services including the following:

Management system restructuring

Operation restructuring

Sales and services process restructuring

Organizational and HR policy restructuring


ASSET VERIFICATION

A physical verification of assets is a process conducted by external consultants to make sure that the assets of a company actually exist. It is of immense importance for every business entity to carry out this process at the end of every financial year. Our approach to verification is to conduct a line-by-line reconciliation of fixed assets accounting records to assets found during the physical inventory taking process. We have a team of associates and supervisors to work on. In order to serve in remote locations, we have a special team adjustable to local location.

Objective of Physical Verification of Assets:

Statutory Compliances

Verify Existence of Assets

Valuation - Accounting for any discrepancy

Internal Compliances

Critical for Continuous Customer Service



This requires objective assessment of the ledger contents and the business rules (internal controls) that support internal asset management. The process includes:

Automated Comparison of Asset Tag and Serial Numbers

Automated and Manual Comparison of Manufacturer Model Numbers

Comparison of Additional Available Information such as Description, Location and Department are taken into consideration

Additional effort is also made to address potential matches by description, manufacturer, model and serial number that may appear elsewhere in each record entry

Bulk Entries and Grouped Assets are allocated to the Individual Assets (computer equipment, furniture, manufacturing equipment, etc.)

Follow-up visits with departments are conducted as necessary to verify any residual assets and/or gather additional information



A consistent audit trail is created and used to link the reconciled inventory file with the existing fixed asset accounting records. At the conclusion of the effort, we provide the audit trail (MS Excel file) and several specific reconciliations reports.


MERGER, ACQUISITION AND BUSINESS SALE

Business sales, mergers and acquisitions should be carefully planned and assessed to ensure the right commercial, strategic and cultural fit. The process can be complex, with operational, financial and regulatory factors affecting the final outcome. We can help you through the complexities of these transactions and identify the true value of the business, tax merits of the transaction, benefits of all possible tax concessions and best option of the business transaction.

We can complete all the necessary steps of a transactions including:

Coordinating with all parties involved in the transaction

Reviewing legal documentation to ensure that it properly encapsulates the parameters of the transaction

Managing tax liabilities and ensuring that tax concessions are optimized where available

Making sure that objectives are realized

Getting the business structure right

Due diligence



BUSINESS PROCESS AUTOMATION

Improving productivity is about improving business processes. We focus on understanding processes and business requirements and identify areas of improvement based on best practices.

Our Business Process Improvement Consulting is based on the following critical elements:

Reviewing legal documentation to ensure that it properly encapsulates the parameters of the transaction

Strategic assessment identifies goals and objectives; defines current business processes, and highlights needs and areas to improve

Improvement solutions design new more efficient business processes and strategies and present implementation recommendations

Technology support defines required technology upgrades or changes necessary to implement the new processes and approaches

Change management support provides guidance on managing the impact of change and easing the transition to new processes

Operational performance support designs and delivers education to support employees impacted by the change