Documente Academic
Documente Profesional
Documente Cultură
AQUA LAMP
PREPARED FOR:
ASSOC. PROF RAHIMAH SARMIDY
PREPARED BY:
FATIN HAZIKA BINTI MOHD ARIF
2013677038
2013633154
2013647482
2013658324
2013287322
DEC 2015
TABLE OF CONTENTS
1. EXECUTIVE SUMMARY
Nowadays, people are concerning about power saving. Our Aqua lamp will provide
light without using electricity. We can save a lot of electricity Eco-friendly to the public
community especially for students and backpackers. The simple design and discreet colours
of Aqua Lamp make it very suitable for any space bedroom, living room, bathroom or even
your working environment. This lamp powered by water during chemical reaction. The main
reason that makes this lamp so original is that it functions simply with the help of the power
of water. Namely, this cordless lamp needs just a little bit of water and a hydroelectric battery,
composed of a carbon stick covered with magnesium powder, to provide the charming light
for the ambient.
The water and the battery combined create a stellar electro chemical reaction, and that
way they provide enough energy to light up the LED strips. There will have a variety of
designs according to customers demand. We will introduce this new technology to public, in
order to reduce electrical usage in domestic daily due to the global warming nowadays. The
lampshade is made of sanded blow glass, on the top of it there is a part made of bio-plastic
where the battery is set and where you pour the water, with an interesting steel switch, while
the light comes from the warm white led strips.
This Aqua Lamp has functions and advantages not found in today's common lamps,
thus providing a competitive advantage over more established competitors.
2. PRODUCT DESCRIPTION
Nowadays, our Earth having global warming issue that affects all living things. Our
company has come up with this idea in order to reduce this issue by reducing electrical usage
in daily life. By taking the advantages toward this situation, the Aqua Lamp has been
invented with special features.
The Aqua Lamp features are consist of sanded blow glass, turbine, tunnel, battery,
bio-plastic, steel switch, and warm white LED strips. First of all, the Aqua Lamp is made of
sanded blow glass. This sanded blow glass that a forming technique in which molten glass is
poured or ladled into a mold of compacted sand. A rough-textured granular surface results
where the glass comes into contact. More interesting, this sanded blow glass come out with
different and interesting design that can make people follow their own choice based on their
interest. On the top of it, there is a part made of bio-plastic where the battery is set and where
you can easily pour the water. The bio-plastic will covered up the battery and of course
environmentally friendly which is only used the water to make the lamp light up.
In addition, other than battery that bio-plastic covered up, turbine also attached to
the battery to generate electricity to light up the LED strip. The features completed with the
present of turbine which important for the production of power electricity. The turbine is
designated with little structure so that it is compatible with the size of Aqua Lamp. The
rotation of the turbine generates the electricity and the current electric help the production of
the light in the LED strip. A rotary mechanical device that extracts energy from a fluid flow
and converts it into useful work. A turbine is a turbo machine with at least one moving part
called a rotor assembly, which is a shaft or drum with blades attached. Moving fluid acts on
the blades so that they move and impart rotational energy to the rotor. The high rate of
flowing water causes the turbines to turn rapidly where this energy captured and converted to
electricity. The advantage of this type of turbine is its high efficiency rating. If the waste heat
is recovered by heat exchanger and used to power another generator, in a combined cycle
configuration, the efficiency can be as high as 60%. In a cogeneration configuration where
the waste heat is recovered and used to for space and water heating, the efficiency can be as
high as 90%.
Moreover, this unique lamp only needs just a little bit of water and a hydroelectric
battery, composed of a carbon stick covered with magnesium powder, to provide the
charming light for the ambient. Energy produced by hydroelectric means has the added
benefit of not using emission producing fossil fuels which will pollute the air. Hydropower
functions by converting the energy in flowing water into electricity. The volume of water
flow
and
the
height
(called
the
head)
from
the
turbines.
Hydroelectric power is a clean source of renewable energy where an adequate water source is
readily available. The water and the battery combined create a stellar electro chemical
reaction, and that way they provide enough energy to light up the LED strips.
Warm white LED strip used in this Aqua Lamp is act as source of light. This warm
white LED strips was chosen for this Aqua Lamp, is a comfortable white colour that is used
in living areas, residential and bedrooms applications. In addition, this LED is the
comfortable light ideal. Because of that, the light can produce warm environment that can
give us a warm serenity.
Steel switch plays an important role for this Aqua Lamp. The light comes from the
warm white LED strips with an interesting steel switch that is function as power on and
power off. Move to right to switch on and move it to the left for switch off.This is because,
the steel switch that connected to the turbinewhich will give the hydroelectric battery to
generate the electricity. Water will pour firstly to the tunnel and the steel switch can rotate to
on the lamp.
The tunnel is also important because it is function to provide a space for the water
flows directly into the turbine. It is also for avoid from the water spilling out during the
process of adding of water. Furthermore, with the present of tunnel, the water easily flows
into the Aqua Lamp without any spilling problem. It is really efficient and easy to handle
with. On top of the tunnel is the where water start to flow-in. The water flows in through the
tunnel to contact with the turbine which is for generating the electricity to light up the LED
strip. It is the starting process to light up the Aqua Lamp. This Aqua Lamp is very useful and
compatible to any environment and also environmental friendly which the light source
produces from the water.
This Aqua Lamp help people with the design which very simple and productive to
bring it anywhere. In addition, it also comes with the compatible size where you can easy to
carry it anywhere and anytime you want.. On top of that, it discreet colours of Aqua Lamp
make it very suitable for any space such as bedroom, living room, bathroom or even your
working environment.
3. TECHNOLOGYDESCRIPTION
3.1 SANDED BLOW GLASS
This Aqua Lamp is made of sanded blow glass that a forming technique in which
molten glass is poured or ladled into a mold of compacted sand. A rough-textured granular
surface results where the glass comes into contact.
3.3 BIO-PLASTIC
These bio-plastic is the place where the water should be pour . In this bio-plastic,
there was a battery. These batteries will combined with the water and create stellar electro
chemical reactions to produce the light.
3.5 TURBINE
A turbine is a turbo machine with at least one moving part called a rotor assembly,
which is a shaft or drum with blades attached. Moving fluid acts on the blades so that they
move and impart rotational energy to the rotor. The high rate of flowing water causes the
turbines to turn rapidly where this energy captured and converted to electricity. The
advantage of this type of turbine is its high efficiency rating. If the waste heat is recovered by
heat exchanger and used to power another generator, in a combined cycle configuration, the
efficiency can be as high as 60%. In a cogeneration configuration where the waste heat is
recovered and used to for space and water heating, the efficiency can be as high as 90%.
4.1 CUSTOMERS
Our product can be marketable for personnel use and also for companies such as
houses, companies and also universities. Since our product is small it will be easier to carry
around, most of customers that will use this product anywhere when they need light. This
product can also be used like torchlight.
The major purchasers are the houses at the town, universities students and also
backpackers. This product is efficient to be used at the place that does not have electricity,
besides it also can be used as decoration lamp for houses in urban area. Since the temperature
nowadays is higher especially at the urban place compared to rural place, this product is more
efficient to use and sell at the urban place in order to reduce global warming.
This product is easily reached and receptive because we sell this product online and
also wholesale through manufacturers representative. For those customers want to get this
product, they can order through our official website or they can get it directly from our
company. We were focusing on launching our Aqua Lamp in all retail in Shah Alam.
Components
Turbine
LED strips
Sanded blow glass
Hydroelectric battery
Steel switch
Bio-plastic
TOTAL
Price (RM)
30.00
24.00
35.00
40.00
10.00
15.00
RM154.00
40
100
The demand market for aqua lamp within three years will increase. This may because
of many people nowadays like new innovations that can reduce their cost to do something.
The minimum price that will be spend for our product only RM 147.33, so as we can predict
about each 1% of customer lived in Shah Alam will attract with our product. So the total
market size for our product is about RM 1 797 426. This product also has potential
profitability because it is a new innovation produced by us. As everybody knows, people
nowadays love to use new things in order to follow the technology trend.
For our product which is aqua lamp, we already target the potential annual growth in
order to sell this product to customer. Below is the estimation of total market size for second
and third years:
Year
Market size (%)
Target Market
Total Market size
2015
1
12 200
1 797 426
2016
1.5
18 300
2 696 139
2017
2
24 400
3 594 852
Total market size in 3 years = RM 1 797 426+ RM 2 696 139+RM 3 594 852
= RM 8 088 417
Furthermore, we also target houses in urban area as our potential market. After this stage
shows its improvement, we want to expand the market size to the big organization to use this
product. This product only being introduced inside our country, then if we get good response
from customer we want to expand it to country inside Asia. Then we can continue to
introduce it through worldwide.
4.3 COMPETITION
Aqua Lamp
Arka Lamp
PICTURE
PRICE
PERFORMANCE
RM 147.33
RM 155.00
RM 110.00
A little drop of The Arka Lamp can The ThorFire Camping
water into the Aqua be push the head LED Lantern USB need
Lamp will generate down to transform it to
energy to produced into
light
pull it to be a led
STRENGTHS
Do
not
electric to produce
USB
light
flashlight)
(power
saving)
Only need a little
drop of water
Hang
charger,
it
branch or hook or
set up on a flat
surface
WEAKNESS
with
its
foldable feet
The light produced Need to be charged Need to be charged
is not very bright
before used
before used
All of the products have their own advantages and disadvantages based on several
significant aspects that will affect the decision of the customers to choose which company
provide the best products or services.
Companies from the outside of the Malaysia might have disadvantages on their
product pricing since price is one of the most important aspects that will be considered by the
customer to purchase products. Customers will search for company that offers lower price but
with the same quality.
As for the local competitions, we do not say that their products have disadvantages if
compared to our product. But since our product has the new technology that can produced
light with only using a little drop of water, we can say that our product has advantages if
compared to our other local competitions. We depend on the capability push or the
technology driven opportunity concept to make the customers choose our product.
= 1 015 units
With estimated RM 179 742.60 of sales and market share of 10%, Aqua Lamp will enter the
market
YEAR
MARKET SHARE
SALES (UNITS)
SALES FORECAST
2015
10 %
1015
RM 179 742.60
2016
13 %
1320
RM 233 666.38
2017
15 %
1523
RM 269 613.90
4.5.2 Pricing
We will make sure that this Aqua Lamp is reasonable in price to the market. We also
will improve our product from time to time by follow the latest technology. The price of our
product is fixed wherever our product is sold.
4.5.3 Service and warranty policy
This product will be covered by 3 years warranty. And the failure is only covered if it
is because of system and mechanical failure only, not because of customer broken it up. If
there are any compliments, enquiries or complaints, customers can refer to our company
website for further action.
4.5.4 Advertising and promotion
This is the commercial style in promoting our product. We will use our technology era
by promoting Aqua Lamp through internet and multimedia. In additions we also will
advertise it on banner or sign board and business card. We also build our company website
for the Aqua Lamp to ease our customers and to attract new customers to find out more about
our product.
To let the customer happy to buy our product we will also provide free give to
customer. Examples of our free give are mini torchlight (thumb size) and sweets. The other
free give will be added from time to time.
4.5.5 Distribution
We will distribute our products to the retailers directly from the manufacturer from
our factory. So, the customers whose want to buy our Aqua Lamp do not need to deal with us,
but with the retailer.
5. MANAGEMENT TEAM
5.1 ORGANIZATION TEAM
5.1.1 Key management roles in the company
KEY MANAGEMENT ROLES
NAME
Skills:
A visionary and full of energy to drive towards
success
Ability to manage employees efficiently
Experiences:
Senior Vice President and Treasurer of Dutch Lady
Milk Industries Bhd
General Manager in Shell Sdn. Bhd
NUR ATIQAH BINTI THOMIRIN
(Administrative Manager)
Qualifications:
Degree in Business Administration, University
Technology MARA, Malaysia.
Master in Business Management, Wisconsin
University, USA.
Skills:
Able to manage workers
Hardworking person
Experiences:
Administration Executive at IWK
Administration Senior Executive at TNB
Qualifications:
Degree in Accounting, University
Technology MARA, Malaysia),
Master in Applied Finance, Macquarie
University, Australia)
Skill:
Able to manage financial efficiently
Experiences:
Financial Executive at NESTLE
Senior Financial Executive at BIMB
Qualifications:
Degree in Business Administration, University
Technology MARA, Malaysia.
Master in Business Administration, Boston
University, USA
Skills:
Able to predict the market growth
Able to conduct a good marketing skills to
Experiences:
Sales Executive in Panasonic Sdn. Bhd.
Operation Manager in Hang Seng Electronic
NURUL ATIKAH BINTI MOHKSIN
(Operation Engineer)
Qualifications:
Degree in Mechanical Engineering, University
Technology MARA, Malaysia
Master in Mechanical Engineering, Seoul National
University
Skills:
A visionary and full of energy to drive towards
success
Able to manage and direct operations team to
achieve success
Experiences:
Sales Executive in Hang Seng Electronic
Operation Manager in Panasonic Sdn. Bhd.
approved strategy.
To lead, in conjunction with the Board, the
development of the Companys strategy.
NUR ATIQAH BINTI THOMIRIN
(Administrative Manager)
(Operation Engineer)
MONTHLY
SALARY
SHARE OF
OWNERSHIP (%)
AMOUNT OF
EQUITY
INVESTED
RM 7 800
26
RM 39 000
RM 6 000
20
RM 30 000
RM 5 400
18
RM 27 000
RM 5 400
18
RM 27 000
RM 5 400
18
RM 27 000
ACTIVITIES
DATE-DEADLINES
DESCRIPTION
Project Initiation
10 15 SEPTEMBER 2015
Product Analysis
16 - 25 SEPTEMBER 2015
Design
and
Technology
Development of Product
26 SEPTEMBER
5 OCTOBER 2015
Market
Analysis
and
6 25 OCTOBER 2015
Strategies
and
the
potential
Management
Team
25 31 OCTOBER 2015
Organization
Analysis of Financial
1 -5 NOVEMBER 2015
6 15 NOVEMBER 2015
Dealers
Ordering of Materials in
16 20 NOVEMBER 2015
Production Quantities
to
produce
the
product.
Production
Development
21 30 NOVEMBER 2015
started
Lunching
Prototype
the
Continue
the
Continue
development
the
production
Product promotion
16 22 DECEMBER 2015
Make
product
promotion
Aqua
Lamp
market
Business maintenance
to 23
DECEMBER
DECEMBER 2015
25 DECEMBER - ongoing
7.0 CONCLUSION
As conclusion, there are many types of lamp that produced in our surrounding
technology. It also become one of the essential utilities that need at all placed we go
especially at our home and during travels. With the present of Aqua Lamp, we can save
electricity and also money from paying high bill of electricity used in home.
8.0 APPENDICES
ORGANIZATION CHART