Start producing your product or service

Assignment Help Operation Management

Reference no: EM133959493

Question

For these three things please answer these for these three products we are doing for a business plan.

Inventory- "Explain how you'll keep track of inventory."

Production- "Explain how long it takes to produce a unit and when you'll be able to start producing your product or service. Include factors that may affect the time frame of production and describe how you'll deal with potential challenges such as rush orders.

Supply chains- "An explanation of who your suppliers are and their prices, terms, and conditions. Describe what alternative arrangements you have made or will make if these suppliers let you down."

Our products:

Product A: Exercise equipment

Light weight
Collapsible
Portable
"Can slide under couch"
Attractive colors and contoured shape to match furniture
Interactive video game screen
Features safety gear stops (adjustable), to prevent overextension or make workout easier
Adaptions for those with disabilities, for ease of use

Service: App

Online fitness classes so you can work out from home
save money on gym membership
more likely to work out consistently with this convenience
Classes for teaching proper form, how to prevent sprains and strains, and how to treat them
Sessions with mental health specialist
App connects to exercise equipment and wearable devices
Provides healthy recipe ideas
Texts sleeping/eating advice and daily inspirational quotes
Teaches how to improve mental health through gardening
grow produce to put into app's healthy recipes
make manageable windowsill/patio garden (recommend which plants would grow best)
Create community by linking people with similar interests; offer virtual group activities
App is customizable; when setting up account individual chooses which features appear on homepage

Product B: Garden Irrigation System

Use phone to activate irrigation system
Company arranges plumber to be on standby for repairs
Satisfactory repairs are guaranteed - second plumber will be sent if customer was not satisfied

Product C: Smoothie Machine

Machine has refrigerated canisters filled with various smoothie ingredients
Use to market powdered fruit product
Use phone to tell machine what type of smoothie to make/what combo of ingredients each time.

Reference no: EM133959493

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