Bigger sales revenue with longer credit periods results less profit margins
By Edit Team | November 8, 2016 10:26 am SHARE
We follow rigorous checks and quality procedures while selecting the vendors and accepting the raw material at our factory.
Electromech Material Handling Systems India Pvt Ltd is a prominent name in the material handling industry. The vast product range makes Electromech a pertinent solution in almost every industry. Tushar Mehendale,Managing Director, ElectroMech Material Handling India Pvt Ltd,shares his take away on the procurement practices and the innovations in the Industry.
Contribution to construction industry
Electromech Material Handling offers hammer head tower cranes in India ranging from 5-tonne to 240-tonne capacity through JV partner Zoomlion. The tower cranes from this series satisfy diverse construction requirements of different users. Providing more information on the same, Tushar added, “Our heavy duty hammer head tower cranes are equipped with safety device, robust structure and specially developed PLC electronic control technology that enable the tower cranes to be safer and more reliable during the operations. Hammer head tower cranes offered by us not only have repute for their quality but also cost-effectiveness and high profitability. These cranes prove to be a good value for money to its users as they demonstrate maximum operational efficiency.”
The luffing jib tower cranes from Electromech range from 8 to 63-tonne capacity. Tushar claims that the technical parameters and performance of these cranes are ideal for special construction requirements. “Our Heavy duty luffing jib tower cranes are specially designed to suit the narrow spaces in urban areas and multiple tower project construction, they are the best choice for high rise projects in crowded cities,” he further adds.
In addition to this, ElectroMech is also in the driver’s seat, for infrastructure projects as it offers customised gantry cranes solutions, and tunnel mucking systems.
Salient features of ElectroMech
Speaking about what makes ElectroMech, a leading name and a magnet for those looking for some services in construction industry, Tushar says, “Our company has a strong experience of over 35 years in India. We offer advanced range of tower cranes to cater to the needs of dynamic construction and infrastructure industry with the help of our JV partner Zoomlion. Zoomlion is the world’s sixth largest construction equipment manufacturer. Reliability, safety and user friendliness are some of the key features of our cranes. The key differentiator parameter for us is our ability to understand the customer’s requirement in details and develop advanced customised crane solutions for the same. “
Electromech has been into developing innovative solutions for years. Tushar claims that the customised gantry crane solutions and tunnel mucking system provided by ElectroMech is a perfect answer for challenging requirements of infrastructure industry.
“We have supplied gantry cranes for several landmark infrastructure projects in India till date. Apart from just supplying cranes, we are actively engaged in providing crane maintenance services as well to ensure zero downtime of cranes and improve the productivity through Cranedge. Cranedge is a group company of ElectroMech which is dedicated for crane service business. Cranedge has strong service network across India, which comprises of trained sales and service engineers. The tremendous experience blended with the dedication of service is something that makes ElectroMech stand apart from the competition, is what Tushar believes.
Emerging trends
Upcoming trends such as the growing demand for fuel-efficient and advanced tower crane are rapidly gaining popularity due to their cost effective performance and high level of safety. As per Tushar’s experience, the trend to build next generation tower cranes, will have additional focus on key operational parameters like reliability, user-friendliness, easy to dismantle and reassemble and of course safety. The tower cranes provided by ElectroMech come with several innovative features such as parameter monitoring system, which ensures that all movements remain within the safe programmed limits. The self-climbing mechanism with anti-drop device ensures safe jacking operation. The climbing frame with platform is provided for easy and quick self-erection. Limit switches used in our cranes help for smooth hoisting, slewing and trolley movement. Anti-twist device used for wire rope prevents twisting of wire ropes and hence avoids any potential danger. Trolley is equipped with safety features such as wire rope breakage protection, axle breakage protection and wire rope guide. Load limiter as well as moment limiter provided ensures extra safety measures.
“Modular connections of the counter jib and main jib to the slewing module ensure quick assembly and disassembly, saving time and effort,”Tushar informs.
Procurement practices
Tushar believes that the procurement and supply chain is an integral part of several global businesses in recent times. “We believe that every part or component used in our crane is critical for the overall performance of our cranes and can’t be compromised with. We follow rigorous checks and quality procedures while selecting the vendors and accepting the raw material at our factory. At the same time, ability of our vendors to deliver on time is also extremely important. Delay in receiving components at our factory, may lead to delivering our cranes at the customer site, this can further lead to fatal production or project completion time loss at the customer’s end,” he expresses.
Payment concerns
Credit period is equally important to determine the overall profitability of any company. As per Tushar, the bigger sales revenue with longer credit periods may also result into less profit margins at the end of the year. The standard credit policy followed by ElectroMech is one month for our regular clients. For most of the new clients, we adapt policy of payment at the time of crane despatch. “Although credit policy may differ many times due to parameter like repeat business, relationships with clients, order value, previous track record of repayment etc,” Tushar concludes.
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