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TechGad Solutions

The document outlines the business plan for TechGad Solutions, an SME that sells smartphones and provides tech support services. It introduces the company and describes its product lines, target customers, industry trends, vision, values, and strategic plan. It also covers the company's production process, capacity, inventory management, vendor evaluation, aggregate planning, and scheduling. The references section lists sources on related topics.

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128 views16 pages

TechGad Solutions

The document outlines the business plan for TechGad Solutions, an SME that sells smartphones and provides tech support services. It introduces the company and describes its product lines, target customers, industry trends, vision, values, and strategic plan. It also covers the company's production process, capacity, inventory management, vendor evaluation, aggregate planning, and scheduling. The references section lists sources on related topics.

Uploaded by

sporadic writers
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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TECHGAD SOLUTIONS: SMALL &

MEDIUM BUSINESS PROJECT


Establishing a Thriving Electronics Enterprise
BUSINESS INTRODUCTION

Introducing TechGad Solutions: Our SME for electronic gadgets and tech
support.
Location: Situated for convenience with advanced tech facilities.
Product Lines: Smartphones and tech support services.
Targeting: Consumers, businesses, tech enthusiasts.
Industry Insights: Dynamic electronics sector, evolving global trends.
BUSINESS PRODUCTS

Smartphone Lineup: Diverse models for various consumer needs.


Tech Support Services: Expert assistance for device
troubleshooting (Alwabel, Zairi, & Gunasekaran, 2006).
Customer-Centric Solutions: Tailored products and support.
Quality Gadgets: High-quality electronics built to last.
Innovation in Every Product: Advancing technology for customer
satisfaction.
TA R G E T C U S TOM E R S

Consumer Segment: Individuals seeking affordable smartphones with


advanced features.
Small Businesses: Bulk smartphone purchases for employee use.
Tech Support Seekers: Individuals and businesses needing tech
assistance (Guo, & Li, 2014).
Cost-Conscious Shoppers: Budget-focused consumers looking for value.
Tech Enthusiasts: Customers interested in cutting-edge technology
products.
INDUSTRY TRENDS

Smartphone Demand Soaring: High demand for affordable


smartphones.
Tech Support Growth: Rising need for tech support services.
Eco-Friendly Manufacturing: Shift towards sustainable practices.
Swift Technological Advances: Rapid tech evolution.
Shorter Product Lifecycles: Products evolving quickly.
VISION & MISSION

Vision: Global tech leader through innovation.


Mission: Empower with cutting-edge tech.
Values: Innovation, service excellence, sustainability.
Purpose: Transforming lives with technology.
Commitment: Honesty, integrity, eco-conscious practices.
CORE VALUES

Integrity: Honest and ethical in all business dealings.


Innovation: Embrace and drive forward-thinking solutions.
Customer-Centric: Prioritize exceptional customer experiences
(Buxey, 2005).
Sustainability: Commitment to eco-friendly practices.
Collaboration: Foster teamwork and open communication.
SWOT ANALYSIS

Strengths: Internal advantages and capabilities.


Weaknesses: Internal limitations and challenges.
Opportunities: External growth prospects.
Threats: External risks and competition.
STRATEGIC PLAN OVERVIEW

"Three-year growth roadmap."


"Market expansion and product diversification."
"Enhanced brand recognition."
"Efficiency through sustainable practices."
"Online tech support platform launch."
PRODUCTION PROCESS FLOWCHART
CAPACITY & BREAK-EVEN POINT

Production capacity: 5,000 units/month for smartphones.


Tech support capacity: 100 requests/day.
Smartphone break-even: 2,000 units/month.
Service break-even: 30 requests/day.
Balancing capacity with demand (Gansterer, 2015). .
PRODUCTION LINE BALANCING

Improve production times and output quality to


meet consumer demand.
Target popular smartphone models.
Appointment-based service for technical help.
Keep your output adaptable to meet the ever-
evolving demands of the market (Kärkkäinen,
Ala-Risku, & Främling, 2003).
Maintain a steady pace of work for optimal
efficiency.
INVENTORY CONTROL & SUPPLY
CHAIN

Efficient inventory management minimizes holding


costs.
Local and international sourcing for cost-
effectiveness.
Close supplier relationships ensure timely deliveries.
Safety stock buffers for demand fluctuations.
Lean supply chain enhances competitiveness.
VENDOR EVALUATION

Assess vendor quality and reliability.


Monitor on-time delivery performance.
Evaluate responsiveness to supply chain issues (Mendoza,
& Ventura, 2010).
Ensure cost-effectiveness in supplier relationships.
Measure product quality and consistency.
AGGREGATE PLANNING &
SCHEDULING

Production strategy for the next quarter.


Manufacturing Production Schedule (MPS) details.
Bill of Materials (BOM) for each product.
Scheduling approach for optimizing efficiency.
Focus on meeting tech support service demands.
REFERENCE

 Alwabel, S. A., Zairi, M., & Gunasekaran, A. (2006). The Evolution of ERP and its Relationship with E-business. International Journal of
Enterprise Information Systems (IJEIS), 2(4), 58-76. https://www.igi-global.com/article/evolution-erp-its-relationship-business/2111
 Buxey, G. (2005). Aggregate planning for seasonal demand: reconciling theory with practice. International Journal of Operations &
Production Management, 25(11), 1083-1100.
https://www.emerald.com/insight/content/doi/10.1108/01443570510626907/full/html?mobileUi=0&fullSc=1&fullSc=1&fullSc=1&fullSc=
1&mbSc=1

 Gansterer, M. (2015). Aggregate planning and forecasting in make-to-order production systems. International journal of production
economics, 170, 521-528. https://www.sciencedirect.com/science/article/abs/pii/S0925527315002078
 Guo, C., & Li, X. (2014). A multi-echelon inventory system with supplier selection and order allocation under stochastic
demand. International Journal of Production Economics, 151, 37-47.
https://www.sciencedirect.com/science/article/abs/pii/S092552731400019X
 Kärkkäinen, M., Ala-Risku, T., & Främling, K. (2003). The product centric approach: a solution to supply network information
management problems?. Computers in industry, 52(2), 147-159.
https://www.sciencedirect.com/science/article/abs/pii/S0166361503000861
 Mendoza, A., & Ventura, J. A. (2010). A serial inventory system with supplier selection and order quantity allocation. European Journal of

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