The document provides details about an electric seat belt business including its vision, industry analysis, customers and their needs, product and service description, suppliers and partners, business strategy, value chain activities, manufacturing and product testing processes, functionalities, and systems. Key points include introducing electric seat belts that provide comfort and safety reminders to encourage seat belt use, targeting customers who find traditional belts uncomfortable, and differentiating the business through its innovative technology-based products.
The document provides details about an electric seat belt business including its vision, industry analysis, customers and their needs, product and service description, suppliers and partners, business strategy, value chain activities, manufacturing and product testing processes, functionalities, and systems. Key points include introducing electric seat belts that provide comfort and safety reminders to encourage seat belt use, targeting customers who find traditional belts uncomfortable, and differentiating the business through its innovative technology-based products.
The document provides details about an electric seat belt business including its vision, industry analysis, customers and their needs, product and service description, suppliers and partners, business strategy, value chain activities, manufacturing and product testing processes, functionalities, and systems. Key points include introducing electric seat belts that provide comfort and safety reminders to encourage seat belt use, targeting customers who find traditional belts uncomfortable, and differentiating the business through its innovative technology-based products.
Name Ruya Yang NetID ryan359 Group Number: 146 Website Link: http://www.infosys1102014s1group146.blogspot.co.nz/ Tutorial Details Tutor: Day: Time: Olivia Wednesday 9am Time Spent on Assignment: 30 hours Word Count: 1594(exclude cover page and reference list)
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2 TECHNOLOGY INNOVATION-THE ELECTRIC SEAT BELT INTRODUCTION In the early 19 th century, an English engineer first invented the seat belts which even before cars were invented. The purpose of wearing a seat belt is that it can protects people in car crashes from bei ng injured or even death. However, nowadays, people tends to not wear a seat belt due to it is not comfortabl e or they might forget to wear it. Serious consequences arise in safety issues which coul d actually prevented by wearing seat belts. We are going to introduce an innovative seat belt that functions in a different way as the traditional seat belts based on the use of technology that could help to solve thi s problem. 3. BUSINESS SECTION 3.1 Vision Provide the most advanced seat belts with high quality that satisfy both safety issues and comfortable feeli ng in order to encourage more people to wear them. 3.2 Industry Analysis: Seat belt Industry Industry: Seat belt Industry in New Zealand. Force: High/Lo w: Justification: Buyer power: High There are several alternatives for the buyers to choose from such as Spring Belt, Autoliv, Seatbelt Solutions and Business Venture Limited etc. (Industrial SeatBelts Ltd. (n.d.). Safety Belts for the Nation's Operators. Retrieved from http://www.ind-seatbelts.co.nz/, Business Ventures Ltd. (n.d.). Retrieved from http://www.bvl.co.nz/, SeatBelt Solutions. (2013). Retrieved from http://www.seatbeltsolutions.co.nz/. ) Supplier power: Low There are many alternative suppliers for the business to choose from such as Ebay, Firesales that provides seat belt parts. (Ebay. (n.d.). Retrieved from http://www.ebay.com/sch/Seat-Belts-Parts-/33725/i.html , Firesales. (n.d.). price comparison "Seat Belt Parts". Retrieved from http://firesales.co.nz/Seat%20Belt%20Parts?p=gcb&gclid=CJG57bW2w74 CFUNvvAod42IAHA.) Threat of new entrants: High The seat belts are not expensive to make according to the prices of the raw materials and dont require a high demand of technology therefore this industry is easy to enter and the threat of new entrants is relatively high. (Ebay. (n.d.). Retrieved from http://www.ebay.com/sch/Seat-Belts-Parts-/33725/i.html)
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3 Threat of substitute s: Low There are lots of seat belt companies in NZ however they all provide similar products with few differences. Rivalry among existing competit ors: Low The competition is relatively low among the different companies because they provide similar products and there is nothing to compete. Overall attractiveness of the industry: The overall attractiveness for the seat belt industry in NZ is relatively attractive. Although the buyer power and the threat of new entrants is high, but the supplier power is low and also low threat of substitutes and low rivalry among the competitors. 3.3 Customers and Thei r Needs People have different reasons for not wearing seat belts; however the most common reason that appears i n several researches is that seat belts make them feel uncomfortable. We focus on the customers who find that the traditi onal seat belt is uncomfortable to wear and people who always forget to wear. We also target customers that dont know how to drive and always sit in the front passenger seat or rear seat. Customers need the seat belt to have features such as feel safe with them on but dont feel restrained when wearing them as well. Furthermore, for customers who dont have a habit of wearing seat belt and always forget to wear them, they also need something to remind them to wear the seat belt. 3.4 The Product and Service The electronic seat belt is padded and the electric system is embedded in the belt for comfort therefore they will not make passengers feel restrai ned and tight. It also triggers the massagi ng, heating, cooling functi ons. For example, when passengers go into the car and sit down, they click their seat belts on; the whole system is triggered and is ready to work. If the passenger stays in the car for too long and feels very tired they can choose massaging function and t he seat is starting to perform like a massage armchair. Other functions can also work as the same way and they can provide the passengers a wonderful experience. As passengers are seeking for the different treatments, they have to wear the seat belts and as time goes by, passengers start
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4 remembering to wear them. However, we consider that these functions might distract drivers attention therefore it is not recommended for the drivers to use. 3.5 Suppliers and Partners One of the suppliers could be companies or factories that provide seat belt parts. Although the electronic seat belts have a different technology to support the functions they still look similar to the traditional seat belts and therefore need similar parts to assemble. For example, belts, seat belt buckles and padding material. Another possi ble suppl i er is quality testing institution such as seat belt safety testing companies which provide us the service of testing the quality and safety and make sure that our products achieve the standard. One of the partners could be automobile companies such as Toyota, Hyundai etc. We can work as partners that they use our seat bel ts in their cars and we provide the technology for them. Another partner could be some educational institutions such as universities engineeri ng department. The university provides us experts that have professional skills and we give them opportunities to do practice and gain experience.
3.6 Strategy: Differentiation The reasons why the strategy is defi ned as differentiation is because: From the cost perspective, electric seat belts are highly technology based products and therefore the price will be higher than the traditional seat belts. From the market perspective, broad market is targeted as we provide our products to everyone that want to have a great experience while sitting i n the car remaining their safety assured. The overall strategy is therefore Differentiation. 3.7 Value Chain Activity: Make the product The most important value chain activity for this business is make the product. The electric seat belts has a totally different way of performing its functions from the traditional seat belts. Also there hasnt been any similar soulutions occurred before therefore our products are very innovative which need professional knowledge to design and manufacture. The product need to achieve our main purpose which is safety issues and at the meantime also satisy customers needs, therefore we are looking for high return on our investment of manufacturing this product.
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5 3.8 Business Processes 3.8.1. MANUFACTURING PROCESS During the manufacturing process, raw materials need to be assembled together in order to achieve the final products. Empl oyees that work at the production line should be able to check the storage l evel for the raw materials to make sure that there is enough inventories to produce a specific amount of products. If they find out that there wont be enough inventories then they can immediately order more raw materials form the suppliers as they can continue the production process smoothly.
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6 Manufacturing Process Model Start Budget how many inventories are required. Check whether there is enough inventory. Decide how many products need to be made. Order the inventories. NO Start making the products. YES End Inventory Ordering System Warehouse
3.8.2. PRODUCT TESTING PROCESS After the products have been made, the next step is to test them. This part is necessary because we need to make sure that the quality of those seat belts achieve the standard and is safe to use before they can be introduced to the market.
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7 Product Testing Process Model Start Choose the products that need to be tested Test the products Product Testing System Whether the products meet the standard? Return to the factory and fix NO Ready to be sent to the market YES END Manufacturing
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8 3.9 Functionalities 3.9.1. MANUFACTURING PROCESS Control the movement of work through the manufacturing process. Determine the process sequence of manufacturing. 3.9.2. PRODUCT TESTING PROCESS Automate the product testing process. Interconnected network between the product testing workers and manufacturers. 3.10 Systems
3.10. 1. DATABASE-BASED WORKFLOW SYSTEM All the steps that involved in the manufacturing process are stored as a document in a central location. The system will automatically ask the individual in the production line to access the document and see what they need to do next for example which part they need to assemble to the product. This system allows workers to concentrate on their own task at the meantime ensure the product quality can meet customers needs. 3.10. 2. COMPUTER-AIDED PROCESS PLANNI NG SYSTEM This system is able to translate the product design into the manufacturing process sequence and instructions that tell how to manufacture products effectively and efficiently. Also the system enables workers in the production line use manufacturing resources more efficiently. By using this system, it ensures the accuracy of the production process and furthermore increase the quality of the products. 3.10. 3. CONTENT MANAGEMENT SYSTEM- This system provides tools that can allow employees to create; edit and publish information in a cooperative environment which in this case hel ps the communication between the product testing workers and the manufacturers. After testing all the products, workers can publish the results to the manufacturers and enable the producers to know which products didnt meet the standard and what is wrong with it and furthermore they are able to fix them. By doing this, the qualities of the seat belts are assured before they can be sent to the market.
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9 3.11. Summary Table: Value Chain to Systems
Value Chain Activity Processes Functionalities Specific Information System(s) Broad Information System(s)
Make the product 1. Manufacturing process 1. Control the movement of work.
2. Determine the process sequence of manufacturing. Database-based workflow system
Computer-aided process planning system Collaboration System
Enterprise Resource Planning system/Manufacturing Resource Planning System 2. Product testing process 1. Automate the product testing process.
2. Interconnected network between the product testing workers and manufacturers. Process Automation System
Content Management System Manufacturing Execution System
Collaboration System
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10 CONCLUSION Overall, the purpose of our product is to motivate more people to wear seat belts . Seat belt industry in NZ is relatively attractive, the competitive advantage we have is that our product is comfortable and innovative by using technology whereas other traditional seat belts dont have. Information system plays an important role in our business processes that enables the company to improve its performance by increasing workers productivity, efficiency and effectiveness. REFERENCES
1. Seat belt.(2014). Retrieved from http://en.wikipedia.org/wiki/Seat_belt 2. Michelle,V.(n.d.). Deaths Due To Not Wearing Seat Belt. Retrieved from http://www.ehow.com/about_5347923_deaths-not-wearing-seat-belt.html 3. Industrial SeatBelts Ltd. (n.d.). Safety Belts for the Nation's Operators. Retrieved from http://www.ind-seatbelts.co.nz/
4. Business Ventures Ltd. (n.d.). Retrieved from http://www.bvl.co.nz/ 5. SeatBelt Solutions. (2013). Retrieved from http://www.seatbeltsolutions.co.nz/ 6. Ebay. (n.d.). Retrieved from http://www.ebay.com/sch/Seat-Belts-Parts- /33725/i.html 7. Firesales. (n.d.). price comparison "Seat Belt Parts". Retrieved from http://firesales.co.nz/Seat%20Belt%20Parts?p=gcb&gclid=CJG57bW2w74CFUNvvAo d42IAHA 8. Tim. (2009). 8 Reasons Why People Dont Wear SeatBelts. Retrieved from http://saferbychoice.com/2009/07/reasons-why-people-dont-wear-seatbelts/ 9. Steve, S. (n.d.). Why People Dont Wear Seat Belts. Retrieved from http://www.ehow.com/about_5456493_people-dont-wear-seat-belts.html 10. Process automation system. (2013). Retrieved from http://en.wikipedia.org/wiki/Process_automation_system 11. Computer-aided process planning. (2014). Retrieved from http://en.wikipedia.org/wiki/Computer-aided_process_planning