UmbWrap / Nur Adirah Mohamad Amin Chong ... [et al.]

• Main Authors: Mohamad Amin Chong, Nur Adirah, Razali, Nur Insyirah, Hasbullah Hafidz, Nurul Syafiqah, Norhisham, Muhammad Danial, Sumeri, Nur Aina Athirah
• Format: Entrepreneurship Project
• Language: English
• Published: 2022
• Subjects: Entrepreneurship. Risk and uncertainty; Business education; Business communication. Including business report writing, business correspondence
• Online Access: https://ir.uitm.edu.my/id/eprint/70014/1/70014.pdf; https://ir.uitm.edu.my/id/eprint/70014/

Ere de Sol Sdn Bhd is a company that will produce the new technology called Umbwrap. The product will focus on designing a product that can prevent slipping accidents caused by the wet umbrella. UmbWrap is a device that solves wet umbrellas and prevents slipping issues. Product design intent and constructability, as well as product operation and maintenance, are all factors that must be considered in order to improve overall product design realization, construction, operation, and maintenance. This product release can help consumers easily bring their umbrella without any worries. The target market of this product is the biggest companies, shopping malls and restaurants. Focusing on the Klang Valley is a way to achieve our goals as the very first city to be emphasized. Omnipack, Evertop and Niikura Scale Co.,Ltd. are the main competitors. They were founded and have experience in the umbrella wrapping sector. With the advantage each of the competitors have, it will be used to make an improvement to this company towards our product. The profitability of Ere de Sol Sdn Bhd's product is based on cost and revenue calculations that show our company would be able to cover operating costs. Ere de Sol Sdn Bhd's will hire some staff to assist us achieve our company goals. The management team will develop from the chief executive officer, financial manager, administrative manager, operation engineer and marketing manager. Every position plays a unique role in the business, they are all really important.