Car rent Business Plan without costing details

Post on 17-Jan-2015

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Presentation for the subject "Technology Mgmt Including Mfg Strategy" in MMS/MBA course

Transcript of Car rent Business Plan without costing details

GROUP NO 03 SAMEER GADE

ANKIT PARIKH

VIPUL PATIL

TECHNOLOGY MANAGEMENT INCLUDING MANUFACTURING STRATEGY

PROBLEMS WITH CURRENT SYSTEM

AVAILABILITY

AWARENESS

NATIONAL PERMIT

ORGANIZED SECTOR

RELIANCE / BREACH OF FAITH

NEED FOR THIS SERVICE

Timely service

Gratification / Value for money

Availability

About us

OPTIMUS ltd is a company provides car on rent basis

Adding value to the service by using technology

Operated by environment friendly fuel, i.e. CNG

A printed receipt for every fare, providing details of

distance travelled and total amount payable.

“OUR VISION IS TO GIVE URBAN

COMMUTERS IN INDIA A WORLD-

CLASS TRAVELLING EXPERIENCE, BY

USING A TECHNOLOGY THAT HAS

EVOLVED IN DEVELOPED COUNTRIES

OVER THE PAST TWENTY YEARS,”

HOW WE WILL START?

Raising Funds from investors

Buying cars from the investors fund

Formulating sales and marketing team

Tie-ups with Hotels, Tours & travels,

Corporate, BPOs etc.

Contracting with drivers and assigning

task to them.

WHAT EXTRA EXPENSES WILL OCCURE?

OFFICE RENTS

ADVERTISING COST

GPS SYSTEMS

DRIVERS

STATIONERIES

LEGAL FORMALITIES

BUSINESS MODEL

1. AGENTS – RECRUITERS

Agent from companies go to the areas where

drivers hang out, such as airport, parking lot, call

centers, malls and then explain business to them.

BUSINESS MODEL

2. CONTRACT SIGNING WITH DRIVER

After and formal

application successful

drivers signs a

contract for 4 years.

DRIVER WILL GET FIXED SALARY + INCENTIVES

BUSINESS MODEL

3. TRAINING AND TESTING

After contract signing each

driver must undergo two

weeks of training. And only

after driver pass the training

program he will be allowed

to drive vehicle.

BUSINESS MODEL

4. PERFORMANCE MEASUREMENT THROUGH GPS

Driver performance is

monitored through customer

feedback and Global

Positioning System (GPS)

module fitted in the car.

The operator owns the vehicles in the fleet

although it will be remains with driver .

Vehicles are bought in batches of 100-200

form various manufacturers.

BUSINESS MODEL

OPTIMUS- has reaffirmed the belief that IT can be deployed in just about any domain, and can lead to phenomenal gains.

GIS

Global Positioning System(GPS)

General Packer Radio Service(GPRS)

Mobile Data Terminal(MDT)

CONVERGENCE @ CAR

CAR INFRASTRUCTURE

WHERE WE WILL START?

Initially we will establish our offices in • MUMBAI

• DELHI

• SURATAfter successful implementation we are planning to have offices in• Chennai• Bangalore• Hyderabad • Mysore• Thiruvananthapuram

What will we do for maximum customer satisfaction?

Thoroughly TRAINED CHAUFFEURS in a smart uniform, fluent in English and Hindi.

Routine spot checks by our PATROL VANS to ensure highest standards of service.

“LOST AND FOUND”- GPS based tracking technology responsive tracking system

in place so that any item left behind inadvertently in a OPTIMUS cab can be traced

to the vehicle the customer used.

Some BASIC AMENITIES like maps of the city, wet wipes, clean bottled water and

a limited selection of music would is offered to passengers using OPTIMUS services.

Another feature the PANIC BUTTON that is installed inside the OPTIMUS car,

which enables the driver to connect to the Control Centre in case of an emergency

or mishap.

WEBSITE LAYOUT

Call on88888888

24X7 customer care no.

TRACK YOUR ORDER

About US

Login UsernamePassword

NEW USER? Sign up

TRAVEL AGENT INFORMATION

Additional Requirement

ADVERTISING

SPECIAL OFFERS

HOW IT WILL WORK? BOOKING

1. Customer calls to 24X7 customer care number

2. Customer care executive takes the calls and note down all the required information from customer

1. Customer can directly go to OPTIMUS website and book a car

After submitting all the information system will generate 10 digit unique booking number

TOTAL TIME DURATION

2-5 MIN

HOW IT WILL WORK?

2. Customer care executive remind customer by making phone call

1. Customer care executive allot car to booking depending on the nearest vehicle available in that region

3. Driver will reach to customer’s place 10 min before the customer booking timings

4. Driver will ride customer towards his destination

HOW IT WILL WORK?

5. GPS system will monitor the drivers performance and records time & number of kilometers car has travelled

6. A digital meter will display both the readings

HOW IT WILL WORK?

7. After the customer reach to the destination a printed receipt will be generated

8. Customer can pay amount either by credit cards or by debit cards

9. Customer will go to his way. And new customer will be allocated to the driver.

DIFFERENCE BETWEEN OPTIMUS AND OTHER CAB SERVICE PROVIDERS

Zero investment by drivers

Medical test is mandatory for drivers

A 4 year contract with driver

Reach

Fuel expenses, Oil services, dents are taken paid by company

Car will be Operated by environment friendly fuel, i.e. CNG

High Incentives to drivers on Festival season

FUTURE PROSPECTS

Entering into bus rapid transit system

Starting car rental service in all major cities of India and then go international

Thank you!