Bubble Tea Business: Operations, Supply Chain, and Scaling Strategies

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Added on  2023/06/12

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This report outlines a business plan for a bubble tea store, focusing on westernizing the traditional Taiwanese beverage to appeal to a UK market. It includes a proposal for a retail bank manager, detailing the operations and process strategy, preliminary research on both domestic and global supply chains, and a supply solution that involves sourcing raw materials and modifying ingredients. The report specifies capacity measurements, essential equipment, and key components of the store's interior design, drawing from Chinese heritage while appealing to a European market. It also provides steps for scaling up the business, including planning, securing funding, investing in technology, and strategic staffing. The conclusion emphasizes the importance of market research and attractive marketing strategies for attracting customers. The report concludes with a list of academic references.
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Bubble Tea
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Table of Content
Introduction
Proposal to the retail bank manager in order to convince for the understanding of
operations and process strategy
Preliminary research on both the domestic and global supply chain
Supply solution
Capacity Measurements – Expected Utilisation
key components shown in a pictorial diagram form
Scale up the business
Conclusion
References
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Introduction
An entrepreneur refers to that person who creates the new business ideas, bears most
of the risks and also enjoy most of the rewards as well. In the present report, a bubble
tea store is taken into consideration. Under this idea, the bubble tea store has been
planed to westernise the traditional Taiwanese bubble tea which better suits the
preferences of customers into the country.
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Proposal to the retail bank manager in
order to convince for the understanding of
operations and process strategy
A process strategy is a kind of organisation approach in order
to transform resources into goods and services. The main
objective of process strategy is to build a process of production
which meets out the requirements of customers and also about
product specification within cost and other managerial
constraints.
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Preliminary research on both the domestic
and global supply chain
According to the preliminary research it has been find
out that there are lots of suppliers at local level within
the UK country. Apart form this, at the global level, it
has fifteen hundred outlets across twenty different
territories as far reaching as Taiwan, New Zealand,
Korea and the U.S.
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Supply solution
With respect to supply solution, it has been observe that
bubble tea store has made the tea by themselves but the raw
materials which are required for this purpose has been
purchased from these suppliers. For giving the westernise
form for the tea it is important that to make a twist in certain
ingredients of tea.
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Bill of Materials (BOMs)
There are some minimum requirements for making the Bubble tea
which includes shaking cup, measuring scoop, containers for
bubble tea flavour powders, container for cooked tapioca, strainer
etc. In the overall manner, a bubble tea store cost and its related
items expenses ranges between $ 80,000 to more than $ 461896
per outlet. Within this range, the expenses of materials which are
includes in bill are also taken into consideration.
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Capacity Measurements – Expected
Utilisation
There are certain equipment's required for making the
bubble tea which includes stove top or burner to cook
tapioca, cups, lids, pot to cook tapioca, straws, blender, cup
sealing machine, pumps for syrups. These are the main
equipments which are necessarily required in order to make
the tea with accurate measurements and precision as well.
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Key components shown in a pictorial
diagram form
According to pictorial diagram, there are certain key
components which are included about the interior of
store takes influence from the brand's traditional
Chinese heritage marrying it with an inviting sense of
fun to appeal to the European market.
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Scale up the business
In order to scale up the business, there are certain steps which
can be taken into consideration. First of all evaluate and plan
into effective manner and also find the money through sponsors
and other financial institutions. After that secure the sales into
appropriate manner and invest in technology into appropriate
manner. At the last find the staff or outsource into strategic
manner.
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Conclusion
The above stated report concludes that for implementing an idea into effective
manner there has been requirement of proper research and analysis of the market. It
has been determined that for starting a new business and to present the proposal to
the bank there are some legal procedures and papers which are required in order to
run the business into effective manner. It has been concluded that for attracting
customers on large scale they have to work on their marketing strategies and make
the product so much attractive and tasty that people can't resist it for buying into
positive manner.
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References
Chen and et.al., 2018. Fuzhuan brick tea polysaccharides attenuate metabolic
syndrome in high-fat diet induced mice in association with modulation in the gut
microbiota. Journal of agricultural and food chemistry, 66(11), pp.2783-2795.
Chen and et.al., 2021. Exploring Quality of Life, Stress, and Risk Factors
Associated with Irritable Bowel Syndrome for Female University Students in
Taiwan. International journal of environmental research and public health, 18(8),
p.3888.
Foroughi-Dahr and et.al., 2015. Adsorption characteristics of Congo red from
aqueous solution onto tea waste. Chemical Engineering Communications, 202(2),
pp.181-193.
Kerr, H. Y., 2017. The well-travelled woman: Hanako Magazine and the
internationalised women of the Japanese Bubble Economy.
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Thank You
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