Friday, October 18, 2019
Business report Essay Example | Topics and Well Written Essays - 2250 words
Business report - Essay Example Amazingly, even if the processing industries die out, packaging will not follow the same suit because there are products which need packaging in their raw state. This aspect sets a clear detachment of packaging from the manufacturing. Manufacturing only accentuates the packaging industry operations. Packaging is itself a wide and complex industry. It takes different forms. This is because products to be packaged are different. For this reason, you find that the industry is as diverse as the products to be packaged. Liquids cannot be packaged the same way solids like biscuits are packaged. The magnitude of the product to be packaged is also considered when it comes to packaging. As the cost of packaging trickles down to the cost of producing the entire product, then size is a key feature which if ignored it would result to unknown costing mistakes. This report presents a detailed business report on a plastic bottle manufacture. Bottling is a giant industry. Basically, many liquid proc essors have often opted for bottling to package their output. The convenience which comes with bottling lacks an equivalent. Plastic bottling is accommodative to many forms of liquids and hence many manufacturers result to it. Any investor who wants to invest in the most dynamic industry then needs to embrace plastic bottle packaging industry. It is a sector where the rate of return is high and risks involved are minimal. Actually it is the only industry which violates the principles of investment of the higher the risk the higher the profit. The report analyses possibility of entrance into the market. It gives details of the market analysis and its interpretations. All costs involved have been analyzed. These costs include the Fixed and variable costs. Budgeting is a key element in the financial management of any organization and this report includes a budgetary estimate which comes with production of these plastic bottles. The stocking aspects have been taken into account also to ensure that the best policy is adopted in the implementation of plastic bottles production. Production of these bottles call for technical inputs. This report presents a link between the manufacturing principles and how the actual production is carried out. Some of the aspects captured in this report are the jobbing, designs and how quality and continuous improvement are sustained. In addition, there is some focus in to the way models are produced and justified for use in the final product production. It is a report which upon the implementation of the recommendations suggested bottling will be turned into a multibillion making industry. Bottling is added value by inclusion of the modern technology in the production. The world is going green and the bottling industry has to follow the suit. For this course, the production will concentrate on production of biodegradable plastic. This implies that there has to be specialties in the making of the bottles and it is these specialties tha t are making these bottles unique from what has been there previously in the market. Market Analysis for the
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