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Mashroo3k Our Services Qualification and Application for the Future Factories Initiative

What is the qualification and application service for the Future Factories Initiative?

The qualification and application service for the Future Factories Initiative is a specialized consulting service provided by Mashroo3k Company to support factories in transitioning into smart factories. It includes assessing the factory’s readiness for digital transformation (SIRI), preparing a technical feasibility study, implementing an Enterprise Resource Planning (ERP) system, and preparing the complete application file to obtain financing from the Future Factories Program and competitive incentives from the Saudi Industrial Development Fund.
The service aims to help factories adopt automation and digital transformation technologies and improve operational efficiency, thereby enhancing their competitiveness in the market.

Objectives of the Qualification and Application Service for the Future Factories Initiative

  • Supporting factories in transitioning toward the Fourth Industrial Revolution.
  • Improving production process efficiency and reducing errors and waste.
  • Assisting factories in obtaining industrial financing and government incentives.
  • Improving productivity and reducing operational costs.
  • Enhancing the competitiveness of factories in local and global markets.
  • Preparing factories to adopt digital technologies and industrial automation systems.

Who benefits from the qualification and application service for the Future Factories Initiative?

  • Existing factories seeking to upgrade their production lines.
  • Industrial establishments seeking digital transformation.
  • Factories that aim to implement automation systems.
  • Industrial establishments seeking to obtain financing from the Future Factories Initiative.

Target decision-makers for the qualification and application service for the Future Factories Initiative:

  • Factory owners and shareholder partners.
  • Industrial investors.
  • Chief Executive Officers (CEOs).
  • Operations and production managers.
  • Quality and institutional excellence managers.
  • Industrial development consultants and implementation partners.
  • Digital transformation or development managers.
  • Chief Financial Officers (CFOs) / Finance Managers.

Why do existing factories need the qualification and application service for the Future Factories Initiative?

  • To improve operational efficiency and productivity by applying Fourth Industrial Revolution practices such as artificial intelligence and automation.
  • To assess the factory’s digital maturity level and identify development opportunities.
  • To benefit from available industrial financing and incentives.
  • To enhance production efficiency and reduce operational costs.
  • To increase competitiveness in the market.

Requirements to start the qualification and application service for the Future Factories Initiative:

  • A valid industrial license for the factory.
  • Financial statements for the last three years.
  • Availability of operational data for the factory.
  • The establishment must have a good credit standing.

Scope and Methodology of Work for the Qualification and Application Service for the Future Factories Initiative

  • Factory Readiness Assessment:
    A systematic evaluation is conducted using the global SIRI index to measure the factory’s digital maturity level. This includes analyzing the technical infrastructure and operational processes, identifying gaps, and defining industrial transformation priorities in alignment with the Future Factories Initiative standards.
  • Production Process Analysis:
    A detailed study of existing production lines and workflows is carried out to detect inefficiencies, bottlenecks, and areas of waste. Opportunities for automation and technical improvements are identified to enhance efficiency, increase productivity, and reduce operational costs.
  • Automation Project Development:
    Smart and customized technology solutions are designed to improve operational efficiency, such as ERP, MES, and SCADA systems. The project is documented through a technical proposal that clearly links technical requirements, execution timeline, and expected outcomes.
  • Technical and Financial Feasibility Study:
    A comprehensive feasibility study is prepared, including market gap analysis, technical evaluation of proposed solutions, and detailed financial analysis (costs, revenues, cash flows, break-even point, and ROI) to ensure the viability of the automation project.
  • Financing File Preparation:
    A complete and professional application package is developed, including all technical, financial, legal, and administrative documents. The file is structured to clearly demonstrate project value and economic impact, ensuring compliance with the Competitive Incentives Program requirements and maximizing approval chances.
  • Application Submission and Follow-up:
    The application is officially submitted through the designated platform, followed by continuous communication with relevant authorities. The process includes tracking application status, responding to inquiries, and completing all required procedures until final approval is obtained.

Benefits of the Qualification and Application Service for the Future Factories Initiative:

  • Access to financing of up to 75% of the project cost.
  • Flexible repayment periods of at least 7 years.
  • Grace periods of up to 24 months.

Risks of Not Professionally Implementing the Qualification and Application Service for the Future Factories Initiative:

  • Rejection or delay in financing approval applications.
  • Loss of available funding opportunities and incentives.
  • Misinvestment in unsuitable solutions.
  • Failure of technical integration and production disruption.
  • Failure to achieve the targeted return on investment (ROI).
  • Decline in competitiveness against market competitors.
  • Wasting time and overburdening the factory’s internal team.
  • Loss of confidence in the digital transformation process.

Why do factories rely on an external provider for the qualification and application service for the Future Factories Initiative?

  • Due to the need for specialized expertise in preparing industrial studies.
  • Due to a lack of familiarity with financing requirements and support programs.
  • To save time and effort for factory management.
  • To ensure a professionally prepared application and increase the chances of securing financing.
  • To obtain an objective analytical perspective that helps improve factory performance.

Why choose Mashroo3k for the qualification and application service for the Future Factories Initiative?

  • Extensive experience in preparing economic and industrial feasibility studies.
  • Deep understanding of industrial financing program requirements.
  • Ability to deliver an end-to-end service, from analysis to application submission and follow-up.
  • A specialized team in technical and financial studies for industrial projects.

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