YMS Medical Supplies (Pty) Ltd
| Business Location: | Urban |
| Province | Western Cape |
| Branch: | Cape Winelands |
| Business Start Date: | 2020-02-01 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
YMS offers an integrated service to industry, our vast experience, expertise, quality control and product knowledge has established YMS as a leading medical supply company.
Challenges/Needs:
The following challenges were identified:
• Expiring operational medical license, and
• No operational documentation.
Intervention Insights and Results
Intervention Details:
The client approached Seda Cape Winelands Branch to seek assistance with the growth of the business, where he was introduced to Mphumzi Mange, one of the Business Advisors who conducted a diagnostic assessment, the Critical Planning Exercise (CPE) on the business. The aim of the CPE is to plan and prepare financial projections for twelve months or more and simulates various “what if” scenarios. The assessment assisted the business to make accurate, realistic financial predictions and develop a plan which significantly contribute to the business viability and how best to improve competitiveness and grow the business. The following recommendations were implemented:
• QMS Certification (ISO 13485), and
• Facilitation of coaching and continuous business advice.
• QMS Certification (ISO 13485), and
• Facilitation of coaching and continuous business advice.
Outcome Details:
The following results were achieved:
• Turnover increased from R 6 962 337 to R 7 150 293, and
• Profits increased from -R 143 719 to R 369 448%.
• Turnover increased from R 6 962 337 to R 7 150 293, and
• Profits increased from -R 143 719 to R 369 448%.
Client Feedback
Client Comments:
“Thank you Sedfa for the assistance you provided for my business as it helped us a lot and we hope that you will continue in providing us with support”.
