Optimizing Resources for Banking Operations

Background

A private bank was planning large scale increase in the number of branches across the country. This increase in operations would require the bank to recruit on a large scale and then undertake a training exercise for these new employees. Senior management at the bank wanted to understand if it would be possible to re-deploy existing staff across new branches thus optimizing the need for new manpower.

Improving Forward Contracts for a Bank

Background

A large private bank was experiencing many issues in the Foreign Exchange Business. Identified improvement areas included: Reduction in process hand-offs, Creation of a robust process and Reduction in Operational, Financial, Market and Regulatory Risks. The market for foreign exchange being very competitive, the bank had a need to critically review its current process in order to scale the business in a way that minimized errors and resultant risks.

Business Process Management for an Education Services Provider

Background

A leading skill development organization partnering with the National Skill Development Corporation (NSDC) in India engaged Parikar to create and maintain a Business Process Management System (BPMS). The organization has a mandate to train a very large number of job seekers by providing skill development training and placement; the target population being educated but unemployable people and talented unskilled workers.

Process Audit of Automated systems for an Educational Institution.

Background

In accordance to the E-Governance initiative by the Government of India, India's foremost educational institution in the field of Engineering and Technology had migrated all of it's legacy processes to a new web-based Workflow Tool developed by a IT service provider. Even after following a strict SDLC (Systems Development Life Cycle) procedure, conducting User Acceptance Testing (UAT) and full production implementation of the Workflow tool, the IT project team was receiving a large number of bugs reported by the end users on a daily basis.

Improving Profitability in Manufacturing

Background

An automobile manufacturer was finding itself becoming progressively uncompetitive and unprofitable as the cost of operations spiraled upward uncontrollably. The manufacturer engaged Parikar at one of its production facilities in order to help improve its profitability. The brief given to Parikar was that material costs needed to be aggressively reduced followed by improvement in overall operational effectiveness of manufacturing.

Business Process Optimization for a Pharmaceuticals Manufacturer

Background

A leading pharmaceutical company had centralized processes related to Finance and Accounting, Supply Chain Management, Travel Management, Export Incentives and Payroll Processing and created a Shared Services Center (SSC) to execute them. Although the SSC had been operational for about a year since its inception, the lack of clarity on how each business process had to be executed resulted in various operational challenges.