Saturday, May 2, 2020

Case Study & Lecture Notes For Business Canvas Model Of A Business Pla

Question: Make business canvas model of a business plan. Answer: Problem Solution Value Propositions Unfair Advantage Customer Segments Fluctuations in the prices of chemicals affect the prices of bio diesel Difficulties in collecting the waste or used oil Extra cost of transportation With the increased demand, waste oil cannot be accumulated In short run, conversion of bio diesel is expensive Proper channel can be designed to collect the waste oil from sources Municipal corporations arrange transportation facilities to collect waste oil from households The above option can meet with the increased demand of oil in future too Biodiesel offers triplet benefits i.e. environmental benefits, waste management and economic benefits. It will sustain the environment by reducing the emission that can cause Asthma. Can be used without using conversion method in or technologies in their engines. Most economical substitute fuel It meets most clean standardcriteria Increasing lubricity, high cetane and oxygen content ata high level Extend the life of engines Can use low quality used oil Increase price with market demand Household Transporters Industrialists Farmers Early Adopters Households Transporters Key Partners Key Activities Channels The restaurants, hotels,snack bars, cafeterias and lunch trucks Transporters and logistics Vendors or Equipments suppliers Chemical Suppliers To concentrate that while using the advance technology to extract the oil, itshould be costefficient to compete with other fuel alternatives. Quality maintenance so that after using this alternative,customersmay not switch to another product again. A companyshould focus on efficient supply chain and smooth flow oftransportationand distribution channel. Continuous RD will improve the functionality, quality and cost efficiency of it. Further, searching for efficient professional staff and complying all the legal laws are also other key activities for this business. Marketing and promotions through websites Create awareness through Newspaper Articles through Magazines Hoardings at public places and pump stations Environmental committees and NGOs Key Resources Somebio diesel processing units for heating and mixing Drum forkeepingthe unrefined oil, finished fuel, glycerin and other chemicals Some container of various sizes for chemical pouring and waste glycerin and oil emulsion somesafety Equipmentslike face shield, gloves and apron For smooth distribution and collection of oil, transportation facilities Cost Structure Revenue Streams Under direct cost, Material, Labor and Plant Hire involves $111 The total of Recurrent Overheads is $203 ( involving site facilities, Plant Equipment site maintenance, Project management costs, Commercial expenses and QA and Safety expenses) Non-recurrent overheads will be Establishment and mobilisation exp., Disestablishment and demobilisation exp, Project insurances exp, Professional fees that will cost $202 Owner cost will be $301 Contractors fees is $101 The byproduct while producing the bio diesel may be used as the secondary revenue stream like glycerin is used for making small soaps. Methyl esters is another by product and revenue stream for biodiesel production Instant payment from local sale Reference Asia Pacific Economic Corporation, 2009, Successful Business Models for New and Renewable Energy Technology Implementation in APEC. APEC Energy Working Group, New Zeland Benefits | Region 9: Biodiesel | US EPA. 2015.Benefits | Region 9: Biodiesel | US EPA. [ONLINE] Available at:https://www.epa.gov/region9/waste/biodiesel/benefits.html#eco. [Accessed 25 January 2015]. ElSolh, N.E.M, 2011. The Manufacture of Biodiesel from the used vegetable oil, Kassel. Gerhard Knothe, J. Krahl, J. Van Gerpen , 2010 , Biodiesel Handbook (2nd Edition) by. Urbana IL: AOCS press Mind of marketing: What is customer segmentation?. 2015.mind of marketing: What is customer segmentation?. [ONLINE] Available at:https://www.mindofmarketing.net/2007/05/customer-segmentation-why-exactly-does.html#.VMURoqGUc8o. [Accessed 25 January 2015]. Osterlander Pigneur (2010), Business Model Generation. Wiley: NY Sawhney,M., Wolcott, R.C. and Arroniz, I. 2006, The 12 Different Ways for companies to Innovate,MIT Sloan management review, vol.6, no.3

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