ENTREPRENEURSHIP DEVELOPMENT PPT BUSINESS PLAN OF INNOVATIVE SOLUTIONS PVT. LTD . Name : Rahul Nair Enr : 50114903922 MBA B, SEMESTER 3
INTRODUCTION Welcome to Innovative Solutions Inc. Solving Real-world Problems keeping in mind the Innovative trends. Focus area- Food supply chain
PROBLEM IDENTIFICATION Problem Statement: Wasted Resources in Food Industry Identification: Extensive research and market analysis revealed massive food waste due to inefficient supply chain management.
NOVEL SOLUTIONS Smart Supply Chain Platform: Utilizing IoT and AI to optimize food supply chains. Three Steps: Real-time Monitoring: Track and analyze supply chain data. Predictive Analytics: Forecast demand and optimize logistics. Automated Actions: Implement data-driven decisions to minimize waste.
TARGET AUDIENCE Primary Users: Food manufacturers, distributors, and retailers. First Customer: Large-scale supermarkets and grocery chains. Beneficiaries: Not-for-profit food banks and charities addressing food insecurity.
MINIMUM VIABLE PRODUCT Goal: Streamline inventory management and reduce waste by 20%. Features: Real-time tracking and analytics dashboard. Demand forecasting module. Automated alerts and recommendations.
BUSINESS PLAN Executive Summary: - Company Overview. - Problem and Solution Overview. Market Analysis: Addressable market size and growth. Competitive landscape. Revenue Model: Subscription-based pricing for the Smart Supply Chain Platform. Tiered pricing based on business size.
BUSINESS PLAN (Contd.) Marketing and Sales Strategy: Targeted marketing campaigns. Strategic partnerships with key industry players. Operational Plan: Development of the Smart Supply Chain Platform. Establishing partnerships with IoT and AI technology providers. Financial Projections: Three-year revenue and expense forecasts. Break-even analysis.
CONCLUSION Thank you for considering Innovative Solutions Inc. Together, let's revolutionize the food supply chain with innovative solutions