Success Story

Non-core Back-Office Support in India

Jumo Success STory - Maier Vidorno Altios
Jumo Success STory - Maier Vidorno Altios

Germany

Headquarter

$326mn+

Turnover

Industrial Automation

Sector

Backoffice support to expand in India

Challenge

Key Points

Smooth strategy for new markets

The cooperation of JUMO and M+V Altios is a success story in India since 2008. Our sales, market presence and profitability in India shows constant growth. M+V knows about the challenges foreign companies face while doing business in India - and provides hands-on solutions.

Bjรถrn Becker

Managing Director JUMO India Pvt. Ltd.

Challenges

JUMO GmbH & Co. KG aimed to build up a focused India-wide sales and service team in 2008. For all non-core back-office processes the client needed a professional outsourcing solution: finance and accounting, sales order management and logistics, human resources and legal compliances. Distribution of materials/goods that are very small in size and having decent order value but with less margins.

Services Provided

  • M+V Altios supported JUMO in India since 2008 with recruitment, company formation and Backoffice operations and services.
  • We also handled logistics and distribution of materials and goods.

Delivered Value

M+V Altios made regular business performance reports in the areas of finance, order management, and human resources helped improve profitability, margins, and delivery quality of JUMOโ€™s business in India. We successfully optimised for cost and time in logistics and distribution by clubbing the material with other goods both for international as well as local movement. As a result, JUMO was able to 100% on business development and sales of technological products in Indiaโ€™s competitive business environment.

Tips and Best Practices

  1. Optimize Supply Chain & Logistics โ€“ Minimize costs by leveraging efficient distribution networks and strategic warehousing.
  2. Leverage Outsourced Services โ€“ Use back-office and recruitment support to reduce operational burdens and focus on growth.
  3. Implement Strong Reporting Structures โ€“ Timely insights can help adjust strategies for better profit margins.
  4. Compliance & Cost Efficiency โ€“ Ensure cost-effective company formation and legal compliance to avoid unnecessary expenses.
  5. Focus on Core Business Areas โ€“ Delegate administrative tasks to maximize focus on sales, partnerships, and market expansion.

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