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Project Management

The document discusses the production and launching of a bathing soap in Missouri. It outlines the objectives, budgets, timelines, and requirements for both the production and marketing of the soap. The production budget is $8.5 lacs and the launching budget is $10 lacs. Production must be completed within 5 months and promotion within 3 months to recover costs of $18.5 lacs. Key requirements addressed for both production and launching include labor needs, infrastructure, suppliers, regulations, and strategies to manage challenges around coordination, budgets, competitors, and regulations.

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73 views6 pages

Project Management

The document discusses the production and launching of a bathing soap in Missouri. It outlines the objectives, budgets, timelines, and requirements for both the production and marketing of the soap. The production budget is $8.5 lacs and the launching budget is $10 lacs. Production must be completed within 5 months and promotion within 3 months to recover costs of $18.5 lacs. Key requirements addressed for both production and launching include labor needs, infrastructure, suppliers, regulations, and strategies to manage challenges around coordination, budgets, competitors, and regulations.

Uploaded by

vekeenteshwara
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Assignment

Of

Project Management

ON

Production and launching of Soap

Submitted to
Richa Singh Mam

Submitted by
Sakshi Chopra
10810856
R1814B27
The project is related to production and launching of the bathing
soap in Missouri with regards to manage the resources in given
budget and increase the sales.

It we have to take production and promotional separately then


it’s a functional project.

Need of the product


 To meet the demand of increase in anti ageing products and baby products in
Missouri with no compromise in quality in lesser price.

Objectives
 To make customer aware about the product’s purpose availability,
benefits to the user.
 To increase the sale of the product.
 To generate revenue and at last profits.
 To use the resources in an efficient manner and complete the project on
time in regards to production process.

BUDGET
The budget for
Production – The budget for the production is 8.5 lacs
Launching - The budget for the launching is 10 lacs

Cost to be recovered where in no profit no loss situation is Rs. 18.5 atleast.

Time Period
Time Span given to production department to complete production is 5months
Time Span given for the promotion of the soap is 3months

Requisites of a project in regards to both production and


marketing

1. What are they buying and Producing


In regards to launching
 The companies should make sure that the customers should be aware of qualities
of the products as many consumers have become more wary of using personal
care product containing harsh chemicals. In addition, the natural products
are perceived as being more environmentally friendly.
.
 The growing interest in wellness products, particularly herbal and other natural
items traditionally sold through health-food stores, has spilled over into consumer
preferences for personal care products containing many of the same ingredients.

1. Where are they buying


In regards to launching
 The major outlets for personal soaps are supermarkets,
 Salons and Beauty Parlors
 Medical Shops
 Local area markets
 Internet retailing

As a promotional activity
 give adds on TV,
 making a film star as a brand ambassador,
 giving advertisement on newspapers
 Door to door promotion \
 road side stalls

2. Labor, Skills, and Labor Market Conditions


In regards to Production

 Job Title Percent 1997 Annual Average Wages


 Packaging & Filling Machine Operators
 All Other Machine Operators
 First Line Production Supervisors
 Cleaning, Pickling Equipment Operators
 Hand Packers and Packagers
 Hand Material Movers, All Other

Machines are required for the production of the soap and machines for the
wrappers of the soap.

In regards to launching
 Distributers
 Suppliers
 Retailers
 Promoters
 Companies Market Operational Staff and equipments

Requirement of 24*7 labors. They will be incentives.


3. Physical Infrastructure Requirements
In regards to Production
Small and medium sized soap producers should require no special physical infrastructure.
They do need some of the basic services required by all businesses, such as good road
access for bringing in production inputs and sending out finished products. It is possible
that larger producers may need large amounts of utility services which, depending on the
chosen location of the production facility, may have to be constructed. And depending on
the types of inputs used (e.g., “hard” chemicals versus all natural ingredients), certain
kinds of environmental investments may be required.

5. Support Industries
In regards to Production
Suppliers
No industry operates in a vacuum; none is self-sufficient. All require inputs to their
production and marketing processes. This would include some ingredients, product
labels, containers, and shipping boxes. Not only we must have access to vital inputs, we
must also seek out low-cost suppliers as market forces lead them to cut costs. The rise of
global markets can help, and purchasing professionals at soap and detergents companies
are exploring foreign regions, including developing countries, for new sources of
materials.

 An important input for soap making is glycerine. Glycerine is used in a wide


range of markets (but not in some “all natural” formulations), and its largest
applications are in the pharmaceutical and personal care segments

 “Supplier consolidation,” as this trend is known, puts more business in the control
of fewer suppliers, thus giving the suppliers that remain a greater incentive to
provide superior service to their soap making customerImplementing a successful
supplier consolidation strategy therefore requires the buyer to carefully weigh the
tradeoffs that will arise.

In regards to launching
 Timely deliver to the customers when it comes to deliver when they order
through tele services
 Timely delivery to the retail shops, other local area shops.
 Hiring distributers and suppliers so that they can deliver the goods the local
area shops and malls

6. Regulatory Requirements
In regards to production
Although there appear to be no industry-specific regulatory issues affecting soap makers,
But our firm is aware of broader labor, occupational, and environmental regulations.
Because we know large companies typically have employees or entire departments
devoted to following new regulatory developments and devising compliance procedures.
As in many small businesses, however, such responsibilities cannot be assigned to special
experts.

As we are launching our soap in Missouri so in that state, our company is subject to have
regulations regarding a number of environmental issues:
 Wastewater: Pretreatment of wastewater may be required when it is discharged to
municipal sewers. Pretreatment of wastewater may also be required before its
discharge into lagoons specifically constructed for such disposal.
 Air Emissions: Firms that create air emissions (e.g., through spray-drying
methods or packaging processes) are subject to permitting standards.
 Storm Water Runoff: Because soap and detergent manufacturers are in the same
general industrial classification as chemical manufacturers, they must obtain a
permit for rain and snow melt that runs off of their facilities.
 Hazardous Wastes: Proper permitting is required for such waste
 One step that state and local governments can take to help us to attract and retain
businesses and to make sure that broadly written regulations do not have perverse
effects on small businesses that do not greatly resemble the majority of businesses in a
specific industry classification.

In regards to launching
Patent Right
It is must required thing because it makes sure they are sole proprietor for the production
of the soap

7. General Strategic
In regards to production
In order to achieve our target we made different strategies such as follow

 Cost leadership is a strategy of attempting to become the low-cost supplier in


the industry. Sources of cost leadership are varied but would include such things
as pursuit of scale economies, use of proprietary technology, preferential access
to raw materials and other inputs, and specific knowledge of customer needs

 In a differentiation strategy a business attempts to make itself unique in an


industry along dimensions that are considered valuable by buyers. Our business
needs to find attributes that buyers perceive as important and position itself to
meet those needs.

 When a firm focuses it aims to better serve a single or small number of buyer
segments in an industry. For some segments we will require a firm to be a low-
cost producer. In other segments a firm may compete by offering a differentiated product.
Firms that become very narrowly focused (specializing perhaps in as little as one segment
with a single product) are often said to be following a “niche strategy.”
8. Challenges (SWOT ANALYSIS)
 One important challenge is making a smooth transition to electronic commerce.
Even if a firm has no plans to sell directly to consumers over the Internet, it will
almostcertainly have an increasing volume of electronic transactions with its
suppliers and with the retailers to whom it sells.

 Another challenge is understanding and following environmental and labor


regulations. While many businesses, especially small ones, may view government
regulations as major distractions from the main line of business, it is important
understand that familiarization with the rules can pay off in the form of avoided legal fees
and fines.

 A challenge is both related to employee hiring and retention and is likely to


affect a variety of industries in addition to the soap industry. Small businesses
generally incur higher costs per employee for many of the benefit packages that, in
today’s tight labor market, must be offered to keep skilled employees.

 The challenge can be the budget as the company has to hire labour and has to train
them, which will be very expensive for them and can exceed the basic budget
limit.

 One of the challenges can be the competitors like other soap makers in the local
areas and bigger companies for example lux, santoor etc.

 Team Coordination can be the problem as different departments will be working


together as one team but they can have conflicts.

 The other conflicts can be the employees will be over burdened and will be in
dilemma that whom should they report to, whose order they should agree to.

 A drawback to supplier consolidation is that different suppliers have different


strengths. Some may be very good at timely deliveries of high quality inputs and
responding to direct requests of the buyer, while others may be better at
anticipating the buyer’s needs or at providing auxiliary services such as inventory
tracking.

OPPORTUNITIES
Best and latest Technology
No competitors so far in Missouri

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