Waste Management System: A Unique Business Technology
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Added on 2023/06/11
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This presentation discusses a unique business technology that can help reduce waste and convert it into fertilizer. It highlights the problems in the market, the proposed solution, and the benefits of the idea. The presentation also covers the proposed business model, critical success factors, and feasibility of the idea.
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WASTE MANAGEMENT SYSTEM
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INTRODUCTION People in every household are having a major problem in dumping their household wastes properly. They often dispose of the wastes in the raw form. This causes large-scale pollution. Similar problems persist with large factories as well.
INTRODUCTION Therehastobesomeuniquebusinesstechnologythatwillbeprovidingnew machinery called the recycle bin. This will not only help in reducing the waste but will also help in converting the waste into fertilizer (Pearce, 2014). When such technology will be devised the pollution due to waste products will be reduced. The waste management devices must be affordable so that everyone can acquire.
MARKET PROBLEM The problems that exist in the market in the modern day scenario are the lack of proper garbage dumping system (Brunner & Rechberger, 2015. The houses dump their wastes in open spaces. Lack of waste management system gives rise to pollution. Untreated waste clog drains and create flood.
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THE SOLUTION A recycle bin that can treat the organic wastes and also produce fertilizers might be used (Binnemans et al., 2015). The recycle bin must be portable and not very large in size. It must be affordable and in the budgetary limit of the target market.
BENEFITS OF THE IDEA This will be a path-breaking invention in the field of business and it will help in breaking down the wade into simple soluble particles so that it does not create any harmful pollution. the user has to be assured of the fact that he or she will have to face no difficulty in decomposing the waste (Cucchiella, D’Adamo & Gastaldi, 2014).
BENEFITS OF THE IDEA This method will also help in producing natural fertilizers that will be good boosting up the fertility of the soil which in turn will be very good for the growth of plant. There will also be the reduction of food waste. The recycle bins will be working with the goal of transforming every bit of the kitchen waste into a proper and healthy kind of manure. The device can be called thefood recycler.
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PROPOSED BUSINESS MODEL Key activities- The company will be to help the factories and the business organizations for treating their wastes in a smart and useful way. Key partners-The well-known technology companies. Value Proposition-They will help in making the society and the world as a while a cleaner place. They will help in getting rid of the wastes that are generated by the houses and the factories on a daily basis (Zaman & Reynolds, 2015).
PROPOSED BUSINESS MODEL Customer Relationship-They are working for the welfare of the society and the people living in it. They have to keep in mind that they are launching a very new concept and a very new object in the market. This will be able to work properly only when the customer response is good. Channels- Social media and the websites of the companies. Resources-Technical staff, Machineries and parts.
PROPOSED BUSINESS MODEL Customer segment-All the factories, manufacturing units and the households. Cost structure-Amount of fund for creating the machine parts that will prepare this recycle bin. Salary of staffs. Revenue stream-Sales and service.
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CRITICAL SUCCESS FACTORS They cannot compromise with the quality of the machinery. The new startup company will be successful because of the partnerships that they will be developing with the well-known and the important companies . Good quality content writings within their social campaigns. Constant improvement. Innovative and successful services.
FEASIBILITY OF THE IDEA Feasibility test through analysis through models. Therecanbesurveystosee market demand. Therecanbedemoproducts which will be used for test run.
CONCLUSION This idea will be greatly helpful for the society. The problem of dumping of waste will be solved at one hand and moreover the recycle bin will produce fertilizers. Properly marketing the product would make it successful and popular.
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REFERENCE Brunner, P. H., & Rechberger, H. (2015). Waste to energy– a key element for sustainable waste management.Waste Management,37, 3-12. Binnemans, K., Jones, P. T., Blanpain, B., Van Gerven, T., & Pontikes, Y. (2015). Towards zero-waste valorisation of rare-earth-containing industrial process residues: a critical review.Journal of Cleaner Production,99, 17-38. Cucchiella, F., D’Adamo, I., & Gastaldi, M. (2014). Sustainable management of waste-to-energy facilities.Renewable and Sustainable Energy Reviews,33, 719-728. Pearce, D. (2014).Blueprint 3: Measuring sustainable development. Routledge. Zaman, A. U. (2014). Measuring waste management performance using the ‘Zero Waste Index’: the case of Adelaide, Australia.Journal of cleaner production,66, 407-419.