What is production planning? definition and meaning - chaplcets.cf

 

production plan in business plan

The production plan provides a foundation to schedule the actual work and plan the details of day-to-day activities. As sales orders come in, you will need to address them individually based on their priority. The importance of the sales order will determine the work flow and when it should be scheduled. PRODUCTION PROCESS. The production process is a component appearing under the operating plan of the overall business plan. The production process is the process a product or service takes in order for it to become ready for customers to buy. Production will certainly depend on the type and nature of your proposed business. Dec 24,  · Production Process Section. Include legal descriptions and the worth of each asset. Special requirements: If your business has any special requirements, such as water or power needs, ventilation, drainage, etc., provide the details in your operating plan - as well as what you've done to secure the necessary permissions, such as zoning approvals.


Production Process | Business Plan Hut


Are you about starting a sachet water production company? Okay, so we have considered all the requirements for starting a sachet water production company. You may not find a sachet water company in developed countries because production plan in business plan may not welcome the idea of a sachet water business. However, in developing countries like Nigeria, production plan in business plan, it has become a thriving industry.

Although a sachet water production company is easy to set up, but you would need to do proper ground work if you must make headway in this line of business.

This is because there are loads of sachet water production and distribution companies scattered all across Nigeria and you are expected to compete with them for the available market. It is important to state that starting a sachet water production business comes with its own share of challenges, but that does not rule out the fact that it is a profitable business venture.

An aspiring entrepreneur can either choose to start the sachet water production business on a small scale or on large scale producing bottled water as well, but this is dependent on their financial status. So, if you have decided to go into the sachet water production business, then you should ensure that you carry out thorough feasibility studies and market survey. Business plan is yet another very important business document that you should not take for granted when launching your sachet water production business.

Below is a sample sachet water production business plan template that can help you to successfully write your own with little or no difficulty. Sachet or bottled water as the case maybe is one commodity that is consumed in all parts of the world and of course those that are in the business of producing sachet or bottled water, are known to generate sales production plan in business plan in year out if the business is well managed.

As a matter of fact, economic downturn hardly affects the consumption of sachet or bottled water because water is as important as the air we breathe. Production companies in the sachet and bottled water industry basically purify and bottle water into plastic and glass bottles for consumption.

The bottled and sachet water are properly packaged sealed or capped and labeled accordingly before being sold to the general public. Companies in this industry usually have an assortment of water offerings such as spring water, mineral water, sparkling water and flavored water in a range of sizes and prizes. Players in this industry are also involved in ice manufacturing.

It is common to find big corporations who are into production of soft drinks, food and beverages engage in the production of bottled water. Research conducted by IBISWorld shows that in the United States of America, the level of concentration in the Bottled Water Production industry is modest, as the top four players are expected to generate Given the heavy bulk weight of industry products and the relatively low value per unit sold, bottled water production is generally taken on by large companies with major economies of scale and heavy investments in transportation.

The industry is responsible for the employment of well over 14, people. Experts project the bottle water production industry to grow at a 4. The Coca Cola Company, Nestle and Pepsi Co are the world leaders in the bottled water industry; they have the lion market share in the United States of America and in most countries of the world.

Despite the fact that there are big corporations who are into the production of bottled water, the fact remains that starting a small — scale sachet water production business has minimal barriers to entry, with low startup capital.

Most players in the sachet water production industry are small to medium size establishments that cater to the production plan in business plan community. With this kind of business, if you want to start on a small scale, production plan in business plan, you can choose to start servicing your local community.

All you would need are contacts, packaging, networking and good marketing and customer service skills. However, if you intend starting it on a large scale, then you should consider spreading beyond your local community to the state and even national level.

Over and above, the bottled water production industry that sachet water is a part of is indeed a profitable industry and it is open for any aspiring entrepreneur to come in and establish his or her business. The facility has government approval for the kind of business we want to run, it is easily accessible and we are deliberate about that to facilitate easy production plan in business plan of raw materials and finished products.

We are in the sachet water production business to engage in purifying and packaging sachet water. We are aware that there are several large and small scale sachet and bottled water production companies whose products can be found everywhere in Nigeria, which is why we spent time and resources to conduct our feasibility studies and market survey so as to enable us locate the business in an area that will support the growth of the business.

We ensured that our facility is easy to locate and we have mapped out plans to develop a wide distribution network for wholesalers all around Ikeja and environs. We have a CRM software that will enable us manage a one on one relationship with our customers wholesale distributors no matter how large the number of our customer base may grow to. We will ensure that we get our customers involved when making some business decisions that will directly or indirectly affect them.

He will be working with a team of professionals to build the business and grow it to enviable height. We are in the sachet water production business to make profits and also to give our customers value for their money, production plan in business plan. These are some of the products that we will be offering. Our vision is to establish a standard sachet water Production Company whose products will be sold not only in Ikeja, but also throughout Nigeria.

Our mission is to establish a standard and world class sachet water Production Company that in our own capacity will favorably compete with leaders in the industry such as Nestle Foods, production plan in business plan, Coca Cola Company, and Pepsi Co et al.

This is why we will put the right structure in place that will support the kind of growth that we have in mind while setting up the business. We will ensure that we only hire people that are qualified, honest, hardworking, customer centric and are ready to work to help us build a prosperous business that will benefit all our stakeholders.

As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff and it will be based on their performance for a period of five years or more depending how fast we meet our set target.

In view of that, we have decided to hire qualified and competent hands to occupy the following positions. We are not unaware that there are several sachet and bottled water production companies both large and small all-around Lagos State which is why we are following the due process of establishing a business so as to compete favorable with them. We know that if a proper SWOT analysis is conducted for our business, we will be able to position our business to maximize our strength, leverage on the opportunities that will be available to us, mitigate our production plan in business plan and be welled equipped to confront our threats.

So also, production plan in business plan, our large distribution network and of course our excellent customer service culture will definitely count as a strong strength for the business. The opportunities for sachet water production companies are enormous.

This is due to the fact that sachet water is far cheaper than bottled water and people can easily afford it, production plan in business plan. As a result of that, we were able to conduct a thorough market survey and feasibility studies so as to position our business to take advantage of the production plan in business plan market for sachet water and also to create our own new market.

We know that it is going to require hard work, but we are determined to achieve it. We are quite aware that just like any other business, one of the major threats that we are likely going to face is economic downturn and unfavorable government policies. Another threat that may likely confront us is the arrival of a new sachet or bottled water production company in same location where ours is located, production plan in business plan.

That is competitions amongst bigger corporations such as Pepsi Co, Coca Cola Company and Nestle et al; and also competitions amongst smaller and medium scale bottled water production companies. Most bottled water companies are leveraging on creativity in terms of packaging and marketing to continue to stay afloat in the industry. One creativity approach that is common is ensuring that their bottled water conforms to the appropriate PH — level.

As a matter of fact, it is common to find sachet or bottled water production companies especially medium scale and small scale bottled water companies labeling their sachet or bottled water for specific occasions to meet the demand of their clients. For example, a client that is celebrating his or her birthday may strike an agreement with a bottled water company to specially label the bottled water that will production plan in business plan served in the occasion to conform with the occasion.

Lastly, another trend in the bottled water production industry is the adoption of eco — friendly approach towards the production and packaging of sachet and bottled water. Production plan in business plan it comes to selling sachet or bottled water, there is indeed a wide range of available customers. In view of that, we have conducted our market research and we have ideas of what our target market would be expecting from us, production plan in business plan.

We are in business to engage in wholesale distribution and to retail sachet water to the following groups of people. A close study of the sachet cum bottled water production industry reveals that the market has become much more competitive over the last decade.

As a matter of fact, you have to be highly creative, customer centric and proactive if you must survive in this industry, production plan in business plan. We are aware of the stiff competition and we are prepared to compete favorably with other sachet and bottled water production companies in Ikeja and throughout Lagos — Nigeria.

So also, our large national distribution network and of course our excellent customer service culture will definitely count as a strong strength for the business. Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category in the bottled water industry, meaning that they will be more than willing to build the business with us and help deliver our set goals and achieve all our aims and objectives.

We will also give good working conditions and commissions to freelance sales agents that we will recruit from time to time. One thing is certain when it comes to the sachet and bottled water production business, if your water is well packaged and branded and if your production plant is centrally positioned and easily accessible, you will always attract sales and that will sure translate to increase in revenue for the business.

We are well positioned to take on the available market in Ikeja — Lagos State and every city where our sachet water will be sold and we are quite optimistic that we will meet our set target of generating enough profits from the first six months of operation and grow the business and our clientele base.

We have been able to critically examine the sachet and bottled water production industry and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast, production plan in business plan.

The sales projection production plan in business plan based on information gathered on the field and some assumptions that are peculiar to startups in Ikeja — Lagos State. Please note that the above projection might be lower and at the same time it might be higher. We have detailed information and data that we were able to utilize to structure our business to attract the number of customers we want to attract per time and also for our products to favorable compete with other leading brands in Lagos State.

We hired experts who have good understanding of the sachet and bottled water production industry to help us develop marketing strategies that will help us achieve our business goal of winning a larger percentage of the available market in Ikeja and other locations in Lagos State.

In other to continue to be in business and grow, we must continue to sell our sachet water to the available market which is why we will go all out to empower our sales and marketing team to deliver our corporate sales goals.

Despite the fact that our sachet water production plant is a standard one that can favorably compete with other leading brands, we will still go ahead to intensify publicity for our product.

As a matter of fact, our publicity and advertising strategy is not solely for selling our products but to also effectively communicate our brand. When it comes to pricing for sachet water, there are two sides to the coin. We are aware of the pricing trend in the sachet and bottled water production industry which is why we have decided to produce various sizes of sachet water. In view of that, our prices will conform to what is obtainable in the industry but we will ensure that within the first 6 to 12 months our products are sold a little bit below the average price.

We have put in place business strategies that will help us run on low profits for a period of 6 months; it is a way of encouraging people to buy into our water brand. In view of the above, we have chosen banking platforms that will enable our clients pay us without any difficulty.

Our bank account numbers will be made available on our website and promotional materials so that it will production plan in business plan easier for members to pay for products purchased. Starting a standard sachet water production company is capital intensive. The bulk of the startup capital will be spent on leasing or acquiring a facility and also in purchasing water purifying and packaging equipment. Asides from that, you are expected to purchase distribution trucks, pay of your employees and also pay utility bills, production plan in business plan.

We would need an estimate of N2. Finance is a very important factor when it comes to starting a standard sachet water production business, production plan in business plan. Bassey Hector and his immediate family members.

They do not intend to welcome any external business partners which is why he has decided to restrict the sourcing of the startup capital to 3 major sources. B: We have been able to generate about N, Personal savings N, and soft loan from family members N, and we are at production plan in business plan final stages of obtaining a loan facility of N2 Million from our bank micro — finance bank.

All the papers and documents have been signed and submitted, the loan has been approved and any moment from now our account will be credited with the amount. The future of a business lies in the number of loyal customers they have, the capacity and competence of the employees, their investment strategy and their business structure.

We know that one of the ways of gaining approval and winning customers over is to retail our sachet water and other products a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while. As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it production plan in business plan be based on their performance for a period of three years or more.

We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams. Toggle navigation Menu.

 

Food Production and Manufacturing Business: Example Business Plan - Futurpreneur Canada

 

production plan in business plan

 

The production plan provides a foundation to schedule the actual work and plan the details of day-to-day activities. As sales orders come in, you will need to address them individually based on their priority. The importance of the sales order will determine the work flow and when it should be scheduled. Definition of production planning: The administrative process that takes place within a manufacturing business and which involves making sure that sufficient raw materials, staff and other necessary items are procured and ready to. Egg production is an area of business that continues to attract tremendous interest from investors. These investors may or may not have the required expertise to handle the writing of a comprehensive business plan. This article will seek to provide a guide on how to write a small scale egg production business plan.