Monis Services 1 Page Business Plan
Overview
Monis Services has a clear business objective to distribute Industrial Supplies products and services. These products and services have been developed over 5 Months with a core focus on addressing the key customer problem and associated opportunities.
The Business Objectives
As a key component of our growth strategy, we consider it critical to identify and outline our business objectives, and align these objectives with clear and measurable development milestones. Our key long term business objective is to acquire new customers. Customer acquisition is considered to be the critical activity and we are seeking to grow the number of customers. We understand that customer growth could be at the expense of profitability, and that there is a cost associated with customer acquisition. Our long term objective is to build a clear customer acquisition process.
The Customer
Monis Services has been created with a clear focus on the needs of our customers. Through a structured customer discovery process, we have validated the key customer problem as reduction of production / manufacturing equipments downtime through timely provision of required inventories. This is a critical issue for our selected target market of SME's within FMCG, Construction and Minning, Ferrous and Non Ferrous Manufacturing.
The Value Proposition
Monis Services is uniquely positioned to deliver value to SME's within FMCG, Construction and Minning, Ferrous and Non Ferrous Manufacturing. "Monis Services will Provide 1. wide selection of merchandise, 2. JIT-Holding required inventory, 3. elimination of equipment downtime, 4. lowering of production idle time." In order to be able to deliver on this value proposition, we will ooerate as a 1. store away from factory, 2. supplier collaborative partnership, 3. inventory expense reduction and asset management systems. This capability has taken considerable time and resources to develop and forms the cornerstone of our competitive advantage.
Competitors
We have a number of competitors within the Industrial Supplies market. We consider our key competitors to be: Bertola machine tools, Iyke Enterprise, Gibadi.com. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Bertola machine tools, Iyke Enterprise, Gibadi.com by Embedding asset management into industrial supplies, wide spread merchandise, supplier collaborative partnership.
Key Strategies
Over the next 6 months, our focus will be to Send Business introduction letter to 15 companies every week within our market segment, introducing our line of products and services. This task will be undertaken in the context of our broader strategy to Create awareness and visibility through signage. These strategies are a tactical implementation of our overall business goal as outlined above.
Milestones
Measurement of the successful implementation of our strategies will be governed by measurable development milestones. The milestones that will be achieved over the next 2 years are: Drive total cost reduction of inventories through partnership with OEM Find new market and increase profitability Increase business awareness and visibility
About this document
Industrial Supplies Business Plan
This document was created by Monday of Monis Services using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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