Question

I REALLY NEED REPLY AS SOON AS POSSIBLE: PLEASE PLEASE MAKE THE ASSIGNMENT ON THIS TASK OF Business Ideas

Purpose: Develop and formulate an idea for your own business. Money is not an issue for this assignment. Envision that you get all the funding you need to start it up.

Task: Write a short abstract (200-250 Words) describing your business idea in the discussion section of this assignment. What is the basic idea? What are your first steps to realize that idea? What is the long term goal?

Answer 1

Lets assume an organisation named DeliveryExpress.

The organisation uses best inclass leading technology to make possible 1day delivery from warehouses using macro hub and spoke model.

The organisation can be pioneer in logistics because of the entire value chain which was optimised using supply chain management. All the stores are operated using hub and spoke model and each store is electronically intevrated using ERP systems.. The moment product is bought and shipped the RFId tags keep live tracking of product and maximum product get shipped in batches so economies of scale is possible with least turnaround time in delivery.

Realization of Idea

Moreover Six sigma protocols can be implemented to define lean management practices where inventory is not piled up and is more or less cleared via stock clearance deals.

Long term strategy

The organisation focuses on scalability of production with heavy discounts model to attract maximum customer even in non peak and dry periods such that sales per square feet is highest. Even if product in retail markets get replenished then these get immediately made available from nearby stores using Just in Time Manufacturing processes from nearest synergised warehouses.