Digital solutions for optimizing business management

UAB “Geralda” actively seeks uniqueness in competitiveness by using the least resources, providing smooth business process and communication with clients and business partners. Furthermore, all of this is achieved in a professional and timely manner. It is crucial to manage these processes well and to make effective and well-timed decisions when the demand and number of clients grows.

The goal of UAB “Geralda” to make processes inside and outside of the company more effective has pushed it to implement e-business solutions. These solutions help bring all the business’ processes into one system and in this way empower the company to increase work efficiency and created value. Creation and inclusion of such a system required some additional funding.

The project “optimization of UAB “Geralda” activities by implementing digital business solutions” was initiated to ensure an effective manufacturing process. The funding was provided by European regional development fund, … The project which aimed at increasing the company‘s effectiviness was in total funded 62733 EUR of which 31366 EUR were from the European regional development fund, and the rest from the company itself.

European union’s funds help maintaining the high quality of projects, thus allowing to fully implement and adapt digital solutions for UAB “Geralda”. Throughout the project, specially modified solution was installed to integrate most important managing processes.

Finishing the project will ensure the main goals and aims of the company are accomplished – optimized business’ management process will not only guarantee the manufacturing, but also all of company’s processes’ effectiveness.

New horizons in 2016

In November 15^th of 2017, our company finished a project named “UAB “GERALDA” – making the business more competitive by participation in international exhibitions”. Partly financed by European structural and investment funds, it was achieved with the tool “New Horizons”. The aim of the project was to increase the company’s competitiveness by exhibiting the firm and its produce in fairs and exhibitions held abroad. This, in turn, was predicted to result in improved export sales. According to the contract and excluding taxes, the company had to invest 42.947,00 EUR or less of its own money, whereas the sum of the assistance had to reach 42.947,00 EUR. The total value of the project based on the contract with Lithuania’s business support agency was 85.894,00 EUR.

While carrying out the project, the company participated in the most important fairs in its market. Innovative products, modern technological decisions, flexible business managing methods and skilled workers make for a great way to expand abroad. Exporting would enable us to eliminate seasonal influence on the company, maintain the already existing employment and create new workplaces. UAB “Geralda” actively conducts consistent export development and has successful experience of participating in international exhibitions. In these fairs, a number of productive business connections were created with partners in many different countries. The project will not only strengthen the position in the world market, but will also represent Lithuania as an exporter of high-quality mass-produced goods.