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Business Plan For Robotics Company

Business Structure Plan On Electronic Personnel Robot  

Introduction:

For the business structure we have developed the “Robot” that could be known as the robot workersBusiness Plan For Robotics Company because they can proved to be helpful for human beings as work could be done faster, however, the growing intelligence in the new industrial revolution are focused on the robots because benefits could be taken in industries from robot. The marketing plans could be focused for the best manufacturing facility and profitability.

With the competitive prices and cost efficiency our product or electronic device can increasing manufacturing productivity by enhancing the accuracy, as there is the heated competition, so thin-margined product or commodity pricing is focused with efficient the innovations within the industry. Accordingly, we can implement strategies to provide the wide range of products in the robot segment and can satisfy the demand for our electronic robot in the market.

Our Mission:

  • Developed the “Robot” workers
  • Helpful for human beings
  • Growing intelligence in the new industrial revolution

Our Vision:

  • The strategies of innovation because there is domestic market for the robotics industry
  • Willingness in order to meet the demanding delivery schedules at the fair prices
  • Better chances for the robotic segment to grow in the industry

The Market:

In the Robot Market, there is the increase in the demand of robots because marketers known that investing one time can give those benefits and it will reduce the labor costs, as there is the increase in the more burdensome. The industry of robot market is demanding demand for the robotics solutions and it is seen that robotics market has grown in the recent years and expected to grow in future. However, the domestic market for the robotics industry is seen to grow faster and there is the growth because of the market as, competition among manufacturers is increasing.

There will be the wide range of products in the robot segment as it is important for retaining workers and it will serve as the capital equipment, which help to reduced labor costs. In the market, there is need to introduce the our robot in the proper way, as there is the need to enable the company in the market, with the best products, however, the product line can be better serve on the market and through implement aggressive sales. Thus, there could be marketing plans for the best manufacturing facility and profitability. Consequently, there is the competition in the market can be seen, which is surrounded by the electronic component (Nikhar & Shahare, 2013).

Also Study: Robots Research Paper Example

However, pricing pressures can be there, but our robots can serves in order to give efficiency in the industries and market, as human resource can feel comfortable with working it, for the market there will be the manufacturing flexibility, so that robots can be created on demands of the people. With the competitive prices and cost efficiency our product or electronic device can increasing manufacturing productivity by enhancing the accuracy.

Thus, it would also increase the profit margins and the volume production so that there could be effective marketing and product design plans, thus, high quality of the product involving the innovative products can give the additional capital equipment with the help of most attractive prospects. Moreover, there can be the growing trade protectionism steps and the currency exposure in the market, so that the products could be assembling according to the needs and demands of the customer. The competition of robots, in the market can be seen, which is enclosed by the electronic component in consequence, the industrial robot can be important in the future.

Industry Trends:

In the robotics industry, there is seen a competitive pressures because the competition has arises from the domestic and international market, however, the manager of the companies are continue to rise the technologies and in the robotics segments and they are focused on the closely scrutinize  of the product cost. Thus, in the electronics, industry there is effective and efficient, volume of production and there is the heated competition, which is extremely focused on the thin-margined product or commodity pricing.

The Industry managers are increasing the productivity in order to maintain or improve the quality, the better focus is on the reducing the labor costs. US manufacturers are known as the industrial experts in the robotics market because they feel the competitive realities and they are designing the robots in the efficient ways. Moreover, the manufacturers of robotics market are giving values to the near-explosive growth so that there could be the advancement until the next decade(Nikhar & Shahare, NEED TO DEVELOP ROBOT FOR ELECTRONICS WARFARE—A REVIEW, 2014).

The expected growth of the industry is giving the values to increase productivity the productivity, so that there could be profitability, regarding focused on the innovative method of the robotic designs and to maintain or improve the quality for the long-term strategies. Thus, the companies or US manufacturers are performing or showing the efforts for the foreign competitors, so that there could be the cost effectively and there could be the innovations within the industry.

In order to reduce labor costs, the US industrial are focused on robotics productivity for the reduction of the labor cost, there were increase in the demand of the robots in the past decade and seems to be increases in future for the foreign productivity. Therefore, the electronics industry is taking initiative in order to get the utmostor the maximum market share from the country and the foreign competition. Based on the reasons there will be the demand for our electronic robot in the market.

In the robotics industry, there are industrial robots, as Japan had 50,000 workers in US had about 15,500 robots for the industrial work; the robots are serving as the workforce. However, the companies are striving for the market shares and electronic products are there which focused on the long-term strategy. Moreover, the robotics production in the robotics industry is seen as priority.

Market Segments:

In the market segment there is need of the robot because the need have been analyzed in the recent years, however, in the domestic market there will be the largest consumer of robotics products and the industries are already using the robots in foundry and heavy manufacturing. Thus, our human robot can be helpful in reducing the workforce and there will no less or no wages in the industries. Electronic assemblies are using the robotics applications consumer products so that there could be efficiencies in the company tasks, the companies are using robots in aerospace, etc.

However, the market and customers have demands for our product because the companies are focused on the impressive growth and other growth segments for the future. The market segment has the robotics products in the U.S because the companies are becoming apparent and have the substantially higher value. Consequently, the other robot of our companies is according to the need of the market as there is technical or technological product design focused on the high growth and big target market, thus, the driven demand of market is considered.

Marketing Strategies:

For the effective marketing strategy the robot we design or our electronic products is focused on the innovative management because it has the relatively high labor costs, there are engineers and the foreign competitors in the market, thus, the products need to be competitive. Moreover, the main focus is on the quality, simplicity, accuracy, reliability in order to have the maximum market share from the country and the foreign competitors.

In order, to get the targeted market share innovation and service is our main strategy so that there could be the foster innovation, the close communication is necessary with the customers so that product presentation with competitors will be there with the greater flexibility. Our human robots are based on the innovative designs and will focus to give the mid-range pricing in the market.

Sales Plans:

For the effective sales plan of the new technological products, we need to focus on the sales personnel so that there could be the efficient sales. Thus, continuously focused on the needs of the customers is important for the extensive product training. In the domestic market for the robotics, industry is seen to grow faster so there is the need to introduce the robot in the proper way.

The sales departments of the company can prove to be helpful for the selling of our product, if customers are deal in the effective and efficient ways. Consequently, for the effective sales, the customer need to focused and recognized so that there could be profit and market appreciate our efforts to make the prototype human robot, there is the need to establishing contact with target customers in the first few year s so that they could like and give reviews about the products.

The sales personnel need to make the weekly call reports so that the designs and customer reviews could be taken for the effective and long-term relationship, in this way, we can contact the agencies who need to do effective sales in the market, as a result, the initial contacts could be developed with the proper follow ups session. The marketing and sales departments of the company need to be trained so that there can be the monthly sales meetings and the marketers of the company can have the knowledge of customer needs.

Future Robots:

For the future products, we can stay focus on the intentions, in order to develop a full line regarding the robotics products however, the robots could be made in order to satisfy the future needs, thus to meet the market needs in the manufacturing industries and the other related industries better robots can be made after it success. However, the second product and the third product can be made in order to satisfy the market developmental needs the future concentrations can be made for the market(Nikhar & Shahare, FABRICATION OF ROBOT FOR ELECTRONICS WARFARE, 2014).

Thus, the growing intelligence in the new industrial revolution in the robotic segments for the flexible programming of the future robots can be made so that the better function, as there can be helps to the human brain that how to function according to the need of the time. Consequently, in future, we can make the robotics products that have the vision capability and the artificial intelligence software could be installed so that there could be the better performance of the robots and new way of innovation.

Innovation is the key in the technological industry. The industry of robot market needs to have the product with the best technology, which could satisfy the marketing demands. However, the marketing strategy need to be made in the way, where there can be better chances for the robotic segment to grow in the industry and customers could get the better understanding regarding the electronic products.

Development Plan:

Our electronic product can grow in the market because the managers are trained and increasing the productivity in order to maintain or improve the eminence and efforts are there to reach the expected growth of the industry. The developmental plans can be focused after the success of few products, as increase of robot productivity could be maintain or improve, while stay focused on the long-term strategies.

Implementation Plan:

For the implementation plans, above discussed strategies and plans need to be implemented as the new industrial revolution are focused on the robots because benefits could be taken in industries from robot. The industry of robot market is demanding demand for the robotics solutions. For the implementation plans, there are the needs to reduce the risks in the development stage so that our company can focus on the proximity, reliability, quality, reputation and the prices.

There is the need to focus on the each point, so that the people of the projects have the individual capabilities and they need to have the willingness in order to meet the demanding delivery schedules at the fair prices. Therefore, the strategies of innovation need to be consider in the domestic market for the robotics industry is seen there is the growth because manufacturers competition.

Thus, we can implement to provide the wide range of products in the robot segment and Designs will made according to the needs of industries. There is the need to focus on the reduction of the risks and to satisfy the demand for our electronic robot in the market. Thus, the robotics production in the robotics industry can be implementing for the innovative designs as priority (Dhanasekar, 2015).

An Overall Project Plan (Developed using an appropriate software package)

Advanced Structural Engineering Software:

An overall project plan will focus on the advanced structural engineering software. The robot would be made by the professional structural software so that there could be effectiveness in the design. Therefore, for the robots, company will buy a perpetual license so that there could be no issues in the market and will use the direct analysis method so that there could be the efficiency in the process.

Direct Analysis Method:

There will be the direct analysis method so that there could be the stability design, which is made up of the steel structures and have the customizable tools. The device or the electronic robot will be easy-to-use and focus will on the reliable results. With the help of the direct analysis, method analysis here can be the assessment of the capabilities in the wide range and the demand of the market and the customers can be predicted.

Design and Steel Design:

The electronic robot will be made up of the steel, concrete, and timber the design and steel design will focused on the structural loads, as it could be then operated in both manual and automatic way and have the national standards with the built-in design codes. The shapes and the robot structural analysis can be design according to the industries and the market needs; however, there will be the collaboration between designers in making the open and flexible design of the robots.

Manufacturing Plan:

Business Plan For Robotic Company

This is a directional chart that represents the overall direction that starts from operation system loading and ends in ending operations of the product.

Operations for Creating a Robot:

  • Load Operating System
  • Create a Project
  • Write a Robot Program
  • Teach operating grounds
  • Check syntax
  • Confirm Robot Motion
  • Send Robot controller data
  • Debug the operations
  • Back up the data
  • Exit Operations

Credible Costing:

Load Operating System
2500
Create a Project
3520
Write a Robot Program
1540
Teach operating grounds
2532
Check syntax
1588
Confirm Robot Motion
1212
Send Robot controller data
325
Debug the operations
215
Back up the data
548
Exit Operations
325
Total Costs
14305

It can be seen that the overall budget that has to be consumed in the robotics alone makes up its mind to fluctuate the data and the total costs incurred is 14,305.

Graphical Costing:

Business Plan For Robotic Company

It can be seen that the most part that consumes most of the budget, it can also be seen that the Creation of the project consumes most of the budget. It is also elaborated that the Project is based on the values of the costing. This is the potential basis of division.

Cash Flows:

Y1Y2Y3
Cash Received
Cash from Operations
Cash Sales$632,590$5,488,000$8,624,000
SUBTOTAL CASH FROM OPERATIONS$632,590$5,488,000$8,624,000
Additional Cash Received
Sales Tax, VAT, HST/GST Received$0$0$0
New Current Borrowing$0$0$0
New Other Liabilities (interest-free)$0$0$0
New Long-term Liabilities$0$0$0
Sales of Other Current Assets$0$0$0
Sales of Long-term Assets$0$0$0
New Investment Received$0$0$0
SUBTOTAL CASH RECEIVED$632,590$5,488,000$8,624,000
Expenditures
Expenditures from Operations
Cash Spending$1,370,236$1,623,860$1,732,640
Bill Payments$944,647$2,025,174$2,976,179
SUBTOTAL SPENT ON OPERATIONS$2,314,883$3,649,034$4,708,819
Additional Cash Spent
Sales Tax, VAT, HST/GST Paid Out$0$0$0
Principal Repayment of Current Borrowing$0$0$0
Other Liabilities Principal Repayment$0$0$0
Long-term Liabilities Principal Repayment$0$0$0
Purchase Other Current Assets$0$0$0
Purchase Long-term Assets$0$0$0
Dividends$0$0$0
SUBTOTAL CASH SPENT$2,314,883$3,649,034$4,708,819
Net Cash Flow($1,682,293)$1,838,966$3,915,181
Cash Balance$1,322,388$3,161,353$7,076,534
References:
  • Dhanasekar, J. (2015). Smart Manoeuvring in Mobile Robot for Anti-Personnel IED Detection. Indian Journal of Science and Technology , 8 (31), 1-6.
  • Nikhar, S., & Shahare, A. (2013). DESIGN AND DEVELOPMENT OF ROBOT FOR ELECTRONICS WARFARE. International Journal of Scientific Research and Management Studies , 1 (5), 177-182.
  • Nikhar, S., & Shahare, A. (2014). NEED TO DEVELOP ROBOT FOR ELECTRONICS WARFARE—A REVIEW. International Journal of Mechanical Engineering , 3 (4), 359-365.
  • Nikhar, S., & Shahare, D. A. (2014). FABRICATION OF ROBOT FOR ELECTRONICS WARFARE. International Journal of Engineering & Science Research , 4 (6), 291-296.

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