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Last updated: 23 Jan, 2025  

ims.png The IMS Shift: Supporting MSMEs Through a Challenging Transition

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Bikky Khosla | 23 Jan, 2025

The new IMS is indeed a step towards efficiency, simplification and global standards. But as someone who knows the reality of Micro, Small and Medium Enterprises (MSMEs), it is clear that the transition to this system is more daunting for smaller businesses than for bigger companies. Big companies have the resources to manage this change, while, MSMEs on the other hand with limited budget, expertise and manpower are overwhelmed.

We need more time – not because we are not willing to change but because our reality demands it.

Moreover,  transition to IMS requires big investments, including, training employees, hiring consultants, upgrading systems and reworking processes. For businesses already struggling with increasing costs, supply chain issues etc. these additional expenses can be crippling.

Implementing IMS is not easy. It integrates multiple management systems for quality, environmental and occupational safety standards into one framework. While this promises long-term benefits, the adoption process is complex and time consuming, to say the least. And for smaller businesses with limited staff, dedicating time and resources to this transition while managing day to day operations will be a tall order.

The risks of sudden transition are high. Missing compliance deadlines can lead to penalties, loss of contracts or exclusion from supply chains. For some, this means shutting down. It’s frustrating to think that a system designed to make us more efficient and competitive may end up driving many MSMEs on the edge of survival. So the question here is: 'are we being asked to make a giant leap without being given the tools or time to make sure we land on solid ground.'

I strongly believe that at this point, what we need is more time and targeted support. A phased approach to adoption will allow MSMEs to plan and implement changes without putting their survival at risk. Financial incentives such as subsidies or tax breaks can also help offset the cost of compliance while accessible training programs can equip them with the knowledge we need to succeed. This is not about resisting change, it is about having the time to adapt at their own pace

I support IMS but I want to see it done right. With more time and support, MSMEs will flourish and IMS will benefit all businesses, not just the big ones.

 
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