In: Operations Management
* In India due to the various current government's initiative to curb down the unemployement & to offer it the global digital platforms like Startup India , Make In India & Digital India etc, there are numerous opportunities has been emerged as a result. In India there are hundreds of small business opportunities that can be started with very less capital and a remarkable profit can be generated from them with the help of latest technology & good initiative. Some of these are Online Bakery, Event Organization & Online Fitness Instructor.
- Here I am choosing the Online Bakery as my business option which is also very popular nowdays.
- Online Bakery business is one of the most sought after business plan it involves an effective website describing the overall the bakery products portfolio and the monetary & nutritional benefits associated with them.
Also a good Marketing plan , a better sponsor and very effective market analysis or research can get you an upper hand in the competitive market.
- Mission of my company is to provide the best quality & healthy baked food that too at the very reasonable market rate at the ease of their being at home.
- The company goal & objective is to become the one of the best online bakery in India in upcoming 10 years and to make presence in all major cities of India in next 5 years.
- My target customers would be the young students, Employees residing outside of their home, Couples who love to explore new things.
- Yes it is a growth industry because you might know that all the major services are being digitalised in recent and in future also many of the remaining services shall be offered online.
E-commerce Industry has been growing in exponential year by year & one of the main reasons behind this is that the customer have vast portfolios of the products to choose from both of it's line & width , that too with no requirements to go outside of their home.
- The long term changes are such that it's growth is never going to stop, many customizations shall be done to the website & many latest service features are yet to come.
- The core competencies & strength which require to succeed in this industry are better supply chain management, effective fund relocation over the machinery & appliances, latest R&D , good market knowledge & analysis about the factors in locality which impact the sales of the company. SWOT analysis & ANOVA, on time services, skilled management , cost effective but efficient advertising & marketing platforms, sponsorship etc.
- My personal background of the management as well as the technical qualification can benefit the company in its own best way where I can apply my management skills i.e - Communication, leadership etc & technical skills - IT, analytical etc