product process innovation

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Product Process Innovation Group 3 Krutika Panari Neha Sharma Kaushal Bhansali Mehul Virani Utsah Upanshu

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Page 1: Product process Innovation

Product Process Innovation

Group 3Krutika PanariNeha SharmaKaushal BhansaliMehul ViraniUtsahUpanshu

Page 2: Product process Innovation

Water Shortage

“Water scarcity is the lack of sufficient available water resources to meet the demands of water usage within a region. It already affects every continent and around 2.8 billion people around the world at least one month out of every year. More than 1.2 billion people lack access to clean drinking water.”

Page 3: Product process Innovation
Page 4: Product process Innovation

CausesOveruse of WaterPollution of WaterConflictDistanceDroughtGovernmental Access

EffectsLack of Access to Drinking WaterHungerLack of EducationDiseasesSanitation IssuesPoverty

Page 5: Product process Innovation

EXPLOITATION

1. Agriculture2. Hospitality Industry3. Households4. Manufacturing units

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Possible Solution• Reduce• Reuse• Recycle• Education• Advance Technology

Related to Water Conservation

• Improve Practices Related to Farming

• Improve Sewage Systems• Support Clean Water

Initiatives

Page 7: Product process Innovation

Business plan

VISION – To save water with technologically developed fittings We offers a totally new aspect to the existing faucet systems

Our target market is mainly the public building where there is water , such as hotels, stadiums, hospitals, universities, cinemas, households and public water outlets.

Overhead cost of Setup is approximately 2 crore at the initial stage which would include production unit.

Page 8: Product process Innovation

PRODUCT DESIGNThe product will mainly consist of a sensor faucet with a manual speed control handle, on which an infrared sensors will be installed.

CompetitionThe main competitor of the market has been imported products from China and this has been a threat for the domestic companiesSanitary ware market has also undergone a sea change in India, with several domestic and international players such as Roca, Villeroy and Boch, Jaguar Kohler, Toto, Grohe and Hindware jostling for space

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SLOW THE FLOW Product

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The Innovative Product offered

is unique in design which

acts as our USP

Page 11: Product process Innovation

Cost reductionCSR Activity

Sustainable practice

MAKING A CHANGE

Page 12: Product process Innovation

Thank you!