Wrinkle wise mist (Blueprint) / Ikmal Arief Johar ... [et al.].
FabricSmooth Tech main objective for Wrinkle Wise Mist is to create a new innovation using the existing technology to bring convenience and reduce manual labour in consumers daily life. By using this product, the user can save more time in ironing their clothes and enable them to multitask in comple...
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| Main Authors: | , , , , , |
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| Format: | Entrepreneurship Project |
| Language: | en |
| Published: |
2024
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| Subjects: | |
| Online Access: | https://ir.uitm.edu.my/id/eprint/101935/1/101935.pdf https://ir.uitm.edu.my/id/eprint/101935/ |
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| Summary: | FabricSmooth Tech main objective for Wrinkle Wise Mist is to create a new innovation using the existing technology to bring convenience and reduce manual labour in consumers daily life. By using this product, the user can save more time in ironing their clothes and enable them to multitask in completing their chores. Other than time-saving, our product also prioritises fabric care as the mist will not harm and defect the clothing material used and it can be used for various types of fabric. The sleek design and small sizing of the product also enables the customers to carry the product along with them during travelling. Our company also designed the product to be user-friendly to ease the process of using the product and the product will not harm the customers as it does not produce any hot steam or excessive heat. In an era where convenience is highly valued, the Wrinkle Wise Mist presents a technologically advanced solution for efficient garment care, catering to the target market. FabricSmooth Tech is led by six key management roles, with Nurul Najjah Najihah Binti Mohd Roslan serving as the Chief Executive Officer. Supporting her are Nur Amalia Ayunni Binti Nawi as Administrative Manager, Nuranisah Hidayati Binti Sidek as Operation Manager, Hana Najihah Binti Rozli as Financial Manager, Siti Nurmarshiela Binti Muhamad Sharil as Application Manager, and Ikmal Arief Bin Johari as Marketing Manager. Each member plays a crucial role in effectively managing the company to fulfill its objectives. The revenue, costs and profits for this company is targeting an increase in annual revenue through market expansion, implementing cost-effective measures to optimise operational efficiency, reduce expenses, and enhance overall profitability. By calculating financial decision-making, it can maximise returns on investments through strategic allocation and maintain a healthy cash flow position by closely monitoring and managing receivables, payables, and working capital. At the end of this year, this company is targeting total sales of RM800,000 with net income of RM201,223 with the help from all team members from all sectors. |
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