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Go lean to grow big
ECONOMY & POLICY

Go lean to grow big

Construction having a major impact on civic life has only been minimally digitized. As per a recent study published by McKinsey, the construction industry ranks the second least in terms of digitization, after agriculture. “Tactive is a construction ERP software that is built from the ground ...

Construction having a major impact on civic life has only been minimally digitized. As per a recent study published by McKinsey, the construction industry ranks the second least in terms of digitization, after agriculture. “Tactive is a construction ERP software that is built from the ground up using real-time experience in construction and infrastructure activities that offers a suite of construction software products that directly addresses the prominent “hard to ignore” pain points faced in the company by every individual office-bearer right from the CEO to the site or field engineer,” says Devarajan Chinnusamy, Chairman & Managing Director, Tactive Software System, as he shares more…Managing 5 M’s and enhancing communicationTactive as a construction ERP seeks to streamline all the operations of a construction company and manage all the 5 M’s of construction; Man, Material, Machinery, Money, and Minutes and utilise or channelise them properly and eliminates wastage, pilferage, duplication of work and overlapping of decisions, etc. Tactive very precisely enhances the communication between site to regional and head offices and this has helped people to overcome the fear of ERP or other such software adoptions. The Tactive Construction Management Software provides the best comprehensive SOP (Standard Operating Procedure) in a digitized form to help construction companies grow and scale up their project sizes. Equipped with the latest technologiesTactive is a cloud and mobile-based product using the latest technologies and the domain expertise gathered over the last six decades from the parent entity operating in the infrastructure sector. Tactive has employed principles of lean construction in the product as well. Tactive has been separated into modules such as tendering and estimation, budgeting and scheduling, project management, procurement management, inventory management, equipment management, finance and accounts, HR and payroll, health safety and quality with a roadmap for PMC, MEP, BIM and IoT integration. TactiveSoft Construction ERP is custom made for builders, contractors and construction companies and can be customised as per the individual needs of the project managers. Key Features: Monthly job cost reports and project-wise zero-based budgets, schedules and actuals Tender bids using inbuilt rate-analysis templates through BOQ imports Client bills, subcontractor work orders, payments and material reconciliations Capture hindrances, work order amendments and billings Project wise client receivables, vendor payable, cash flow and overhead projections Centralised procurement, vendor portal, yard or warehouse operationsMachinery and equipment usage logs, maintenance and internal or external hires Tactive construction mobile app enables the following for project sites (android and ios) DPR, DLR and labour out-turn entry and tracking in Tactive construction mobile appProject wise reports and dashboards Employee self-serve HR apps, approval requests, tasks and messages Padma Bhushan Dr A RamaKrishna (Former DMD of L&T) helped form Tactive’s product in the early stages by providing his expertise. The product has only been a huge success and keeps exceeding its real-time performance expectations of its users across India and the Middle East. Tactive now has at its disposal a committed, and highly experienced team of people on standby to support the clients in the implementation of Tactive and oversee the operational activities without a hassle. (Communication by the management of the company)

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Resources

Pankaja Munde Lauds CREDAI-MCHI for Tree Plantation in Beed

CREDAI-MCHI has received a second letter of appreciation from Smt. Pankaja Gopinath Munde, Maharashtra’s Minister of Environment & Climate Change, for planting 2,000 tree saplings at Bhagvan Bhaktigad, Sawargaon Ghat in Patoda, Beed. The initiative aligns with the state’s Green Maharashtra Mission and Van Mahotsav drive. In her letter, the Minister commended CREDAI-MCHI’s environmental contribution as a step towards long-term ecological balance and climate resilience. Domnic Romell, President, CREDAI-MCHI, said: “We are deeply honoured to receive this recognition... The p..

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Technology

Rodic Launches Advisory Arm for Data-Driven Governance Reform

Rodic Consultants has announced the launch of Rodic Advisory & Technology, a strategic new vertical aimed at strengthening data-led governance, institutional reform, and infrastructure strategy. The move marks a key milestone in the company’s evolution from engineering consultancy to governance enabler. Positioned as a dedicated public sector think tank, the vertical will partner with government bodies, multilateral institutions, and public agencies to deliver advisory services rooted in real-time operational data, engineering intelligence, and implementation expertise. Service..

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Infrastructure Urban

IndoSpace Launches Largest Industrial Park in Pune Region

IndoSpace, India’s leading supply chain infrastructure platform, has launched IndoSpace Chakan V, its largest industrial and logistics park in the country. Spread across 188 acres in MIDC Chakan near Pune, the project involves an investment of USD 120 million and marks the company’s eighth park in the region, bringing IndoSpace’s Pune footprint to 525 acres. Strategically located along major highways—including the Mumbai-Pune Expressway, Pune-Nashik Highway, and Bengaluru-Mumbai Industrial Corridor—the park ensures seamless connectivity to key industrial hubs and ports across we..

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