IN&OUTWICH Your health is what we Value PURPOSE The purpose to start this business is to serve people of new era with a different and the most competitive style. We want to help those people who could not spend time in their busy schedule to take healthy food by diet sandwich which is 100% nutrient, organic & healthy. The prime purpose is to generate profit by providing superb customer services. We aim to be leader in providing quality food items that fit into a balanced diet. Our aim is to provide the hygienic and delicious tastes of sandwich that the customers have never tasted before. We want
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
IN&OUTWICH
Your health is what we Value
PURPOSE
The purpose to start this business is to serve people of new era with a different and the
most competitive style. We want to help those people who could not spend time in their busy
schedule to take healthy food by diet sandwich which is 100% nutrient, organic & healthy.
The prime purpose is to generate profit by providing superb customer services. We aim to be
leader in providing quality food items that fit into a balanced diet. Our aim is to provide the
hygienic and delicious tastes of sandwich that the customers have never tasted before. We want
to add convenience in the lives of fast food lovers by providing them the most wonderful
dining experiences.
THE RESTAURANT INDUSTRY - REVIEW
Food service business is one of the largest industries in the country. This number has
been increasing for the past seven years. In the past five years the restaurant industry has out-
performed the national GNP by 40%. Lifestyle changes,
1) economic climate, and
2) Increase of product variety.
There are 600 new restaurants opening every month and over 200 more needed to keep pace
with increasing demand.
TRENDS & STRATEGIC OPPORTUNITIES
The predicated growth trend is very positive both in short and long-term projections.
As modern living creates more demands, people will be compelled to eat more meals away
from home”.
The forecasted how the industry might look in the year 2011. Some highlights from the panel's
findings:
Consumers will spend a greater proportion of their food away from home.
Independent operators and entrepreneurs will be the main source of new restaurant
concepts.
Nutritional concerns will be critical at all types of foodservice operations, and food
flavors will be important.
Environmental concerns will receive increased attention.
WHO EATS FAST FOOD
The food concept and product image will attract majority of the
The student -- more and more young people have developed healthy eating habits.
Some also go through a "health food phase" while in college.
The health conscious person of any age or sex -- this includes anyone on a restricted or
prescribed diet or those who have committed to a healthy diet.
Curious and open-minded -- "if you try it, you will like it." Through marketing,
publicity, and word-of-mouth, people will seek out a new experience and learn that
nutritious food can be tasty, fun, convenient, and inexpensive.
WHEN DO PEOPLE EAT FAST FOOD
Lunch (44%)
Morning snack (40%)
Afternoon snack (31%)
Dinner (19%)
Evening snack (14%)
Breakfast (12%)
The average person (over the age of 12) eats at a fast-food restaurant for an average of 9.2
times monthly.
PROPOSED BUSINESS LEGAL STATUS
Although the legal status of business tends to play an important role in any setup, the
proposed fast food business is assumed to operate on a partnership of 5 members which may
extend in case of addition of new products that might add significant Business to the existing
setup.
INDUSTRY ANALYSIS
Although the restaurant industry is very competitive, the lifestyle changes created by
modern living continue to fuel its steady growth. More and more people have less time,
resources, and ability to cook for themselves. Trends are very important and we are tasking
interest to provide lighter, healthier foods at moderate to low prices.
The keys to success in achieving our goals are:
Product quality. Not only great food but great service and a fun-entertaining
atmosphere.
100 % organic food
Growing own vegetables in the near future
24 hours service & take home delivery
Alliances with banks, telecommunications companies & other companies
Full customization of sandwich for each individual
Special packages for students, working people etc
Online ordering system and cell phone application for menu and GPS locations
Order tracking
Managing finances to enable us to open new locations.
Controlling costs.
Focusing on themes that have customer appeal.
Creation of spectacular design and layout at each facility.
Critical Success Factors for the local sandwich shop could include:
Establish and maintain an exclusive relationship with a baker to supply on a daily basis, 6
days per week, a range of specialty and exclusive breads baked according to proprietary
recipes
Purchase an extensive range of high quality meats, cheeses, fruits & vegetables
Recruit and train:
Friendly people with the right attitude to the customer (‘the customer is always right’)
Highly efficient, creative people who enjoy making the best sandwiches for customers
Encourage innovative product suggestions from customers and staff
Charge a premium price but one which, together with the product and the service, ensures
customer value-for-money
Promote, make and serve fresh, exclusive, attractive, tasty, well-presented sandwiches
always.
OPERATIONS PLAN
Fast food is the term given to food that can be prepared and served very quickly. While
any meal with low preparation time can be considered to be fast food, typically the term refers
to food sold in a restaurant or store with fast preparation and served to the customer in a
packaged form for takeout take-away or can be consumed at the store or the restaurant.
The operational plan is an essential component to our business plan and it tells the
reviewer how we are going to get your product/service out to market. That is, how we are
going to get your product out of the production stage to the doorstep of you target customer.
Speaking about our outlet, we have three sections in total in our store, which will be catering to
different kinds of customers according to their taste and preferences.
We have positioned our products/store as value for money and quality fast food but at
the same time we are not serving our customers, we want our customers to help themselves
this strategy will also work as word of mouth promotion where the experienced customers will
tell new customers creating a unique interest in the minds of potential customers.
PRODUCTION PROCESS
Preparing a Sandwich
Since it’s a fast food which can be prepared very quickly as half of the things used to
produce something is already ready or prepared now preparing a Sandwich will start with
having all the necessary vegetables on its place which means having our inventories on place,
then the process of making the food that’s the sandwich will start followed by the Finished
product that’s sandwich having Inventories On place Work in Progress Finished Product In
order to meet the demand of inventories which we will be having we will be using sum of the
production operation techniques which will see that we are making optimum utilization of
resources and minimum wastage.
Manufacturing Plan
Once an order is received, the associate behind the service counter will begin to
assemble the customers order based on the sales data which will be displayed on a monitor.
Each associate behind the service counter will be responsible for a certain aspect of the
assembly line such as; placing the necessary ingredient in the bread, adding the required
condiments, and making sure the meal is properly wrapped before delivery and set on a serving
container. The assembly line will have placards or assembly instructions showing how each
meal should look and what condiments need to be on the sandwich. This will ensure that each
sandwich is done the same and will maintain quality. There will also be an associate in the rear
of the kitchen who will supply the production line with more products.
Production process flow
Raw Materials Cutting Mixing Filling Serving
IN&OUTWICH has found something that allows us to improve quality and lower costs.
1.ImprovedQuality
The benefits of a better tasting Sandwich should be fairly apparent. Unless of course
you prefer aged sandwich, the fresher sandwich is going to be higher quality if made fresh just
for you.
Products
Fried
Chicken
Burgers Sandwiches Salads Beverages
The less obvious benefit is the higher quality customer service that arises from the JIT
sandwich assembly. When “IN&OUTWICH” waits for you to order the sandwich, we do a
few things to improve customer service. This higher quality customer service is subject to our
ability to actually produce faster. Without this ability, “IN&OUTWICH” ordering costs
would be sky-high because the costs associated with ordering would be the loss of customers
tired of ordering fast food that really is not fast.
Nutrition calculator
“IN&OUTWICH” serves a wide range of quality sandwich that can easily fit into
individual diet needs based on the principles of balance, variety and moderation. Our varied
menu and range of serving sizes make it easy to fit our food into a balanced diet and to create a
range of meal combinations that fall within recommended guidelines for calories, fat and other
nutrient
WE are also helping you learn more about our food by adding nutrition information on
some of our packaging. Some of our packaging now includes the “IN&OUTWICH”
Nutrition Chart. Our goal is to provide you with the information you need to assist you in
making sensible decisions about balance, variety and moderation in your diet.
2.LowerCost
The holding costs for sandwich parts are fairly high because of its spoilage
costs. Instead of having a shelf life of months or weeks, the sandwich needs to be sold within
15 minutes or so. The holding costs go from roughly 20% per week to 100% per hour.
In terms of operating the business, it's as easy as establishing a working relationship
with a catering service to supply the sandwiches on a wholesale basis, while building a
customer base to purchase the lunch meals. Design a menu featuring all the sandwiches, salads
and other items available and distribute the menu to office buildings and factories. Customers
would simply place their lunch orders in the morning or the day before. Additionally, lunch
orders could be placed by way of fax, phone or e-mail. But we will be delivering our products
to our customers within a Geographical Area of first 5km (Home Delivery) from our Store if
customers bill exceeds TL30/- and he need to pay 15% of the bill amount extra as delivery
charges which will be lowered as the bill amount increases in percent.
INVENTORY MANAGEMENT SYSTEM
a) Just-In-Time (JIT) is an inventory strategy implemented to improve the return on
investment of a business by reducing in-process inventory and its associated carrying costs.
Now as a store of fast foods we are in instant need of vegetables and other grocery
requirements as and when needed or required. This we will come to know through our Chefs
such as the presence or absence of a part. Quick communication of the consumption of old
stock which triggers new stock to be ordered is key to JIT and inventory reduction. This saves
warehouse space and costs. In order to meet our requirements we will be having tie ups with
Vegetable Vendor and 1 Grocery store.
b) Economic Order Quantity (EOQ) is the level of inventory that minimizes the total
inventory holding costs and ordering costs. The framework used to determine this order
quantity is also known as Wilson EOQ Model. We will order on Daily basis with one order per
day and as per our requirements say for example in the morning we order we will see to it that
with that order our requirement is fulfilled of the day, this will reduce the transportation cost
for 1 more order or unnecessary order .
c) Supply Chain Management (SCM) is the management of a network of interconnected
businesses involved in the ultimate provision of product and service packages required by end
customers. we will be having tie ups with sum of the vendors of vegetables and grocery stores,
so that our needed requirements doesn’t get hampered as we will be following JIT and EOQ
methods to avoid unnecessary wastage of resources and money.
IDENTIFYING THE LOCATION
For establishing fast food (sandwich) restaurants we have selected mainly three areas around
Istanbul. They are
1. Besiktas (Near Bahcesehir College)
2. Atasehir Istanbul
3. Eminonu ( Near Golden Horn)
BESIKTAS (Near Bahcesehir College):
In Istanbul Besiktas is one of the areas where large number of eduacational Institutes is
present. Hence majority of the residents in Istanbul are student community. As already
mentioned earlier students are one of the main customers for sandwich restaurant. Since
students are very busy in going to the colleges during morning they prefer to take healthy food
in less time. For them Sandwich is the most suitable food to fulfill their desires. More over
them can get sandwiches any time.
Bahcesehir College is present at centre of the educational institutes in Istanbul. The
student population density is more around the Bahcesehir College when compared to other
areas in Istanbul. Apart from the educational institutes there are many offices present around
the Bahcesehir College. Hence in addition to the student customers we can concentrate in
office employees too. Since Istanbul is highly residential area home delivery will be very easy.
The transportation cost will also very less. For these reasons Istanbul was selected to establish
a sandwich industry.
ATASEHIR:
Atasehir is one of the areas in Istanbul where more educated people and more health
conscious people are present. For our sandwich restaurant the main target customers are health
conscious people and open minded people.
Since the cost for establishing sandwich restaurant is slightly expensive in Atasehir the
competitors are very less. Our operating strategy is to compensate the cost with the more
volume of customers. Apart from this life style is one of the factors which have a huge impact
on business. Atasehir people have a rich and modern life style when compared to others. Hence
the people in Atasehir prefer to take sandwiches as one of their major food in daily life. With
respect to supply chain Atasehir is nearby to Eminonu which is the Main bazaar for the city
where we can purchase raw materials like vegetables, Bread etc. So the transportation is cheap
and easy. Hence based on the economical environment and life style of the residents Atasehir
was selected to establish our sandwich restaurant.
EMINONU:
Eminonu is the heart of Istanbul city. The main shopping bazaar in Istanbul is present
in Eminonu. Since it is a main bazaar the residents of Eminonu are very less but the passers by
are more. Our Target customers in Eminonu is mainly shoppers and shop owners. Generally
people prefer snacks during their shopping. If the snacks were healthy and easily available (like
sandwiches) they choose to take. So by promoting the advantages of sandwiches we can get
more customers in our restaurant. Regular income can be generated by making agreement with
shop owners for daily delivery. The transportation of raw materials will also be very easy.
APPLYING DESIGN PRINCIPLES TO LAYOUT
Space analysis for the following functional areas: