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M B Ashtekar Jewellers Case Study

COMPANY

M B ASHTEKAR JEWELLERS

Having 5+ stores in Pune, India

Category:Jewelers (Gold, Silver, Diamond)

Presence : Across India

 

CHALLENGES

  • The Client has a rich legacy of more than 80 years.
  • The Client was managing business in a traditional way & was willing to adopt new techniques of operating business.
  • The Client was looking at expansion through Franchise as well as own stores model.
  • The Client was looking at a professional and experienced team, to streamline their operations and develop expansion strategies.

YRC SOLUTION

  • YRC analyzed their existing business operations and their team capability
  • Devised organization structure
  • YRC designed SOPs for the entire organization including Retail–Front Office, Head Office, Back Office and manufacturing
  • YRC also helped in Implementation of SOPs by imparting regular trainings to the middle as well as Top Level Management
  • As per SOPs, YRC developed their growth strategy & aligned the same with the entire organization.

IMPACT

  • When we started consulting, the brand had only 01 store.Within 03 years, the Client scaledupto03 own stores, 01franchise store and 01 Head Office.
  • CEO is not involved in day-to day operations & is able to invest maximum time in business development.
  • Turn Around Time :07Months
  • Testimonial: https://www.youtube.com/watch?v=tQCweoJIdD8

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