1.0 TEAM
The organizational structure of ReTyre Solutions would be focused on efficiency and meeting customer needs in a timely and cost-effective manner. The Company would have a hierarchical structure, with a C.E.O. at the top and then various departments such as sales, marketing, production, and finance underneath. Each department would have its manager responsible for overseeing its respective department’s operations. Additionally, there would be a team of employees who would be responsible for carrying out the day-to-day tasks of the Company. The Company would also have a customer service team responsible for providing customer support and resolving customer-related issues. This team would be the face of the Company, and it would ensure customers have a positive experience with ReTyre Solutions. The Company would also have an advisory board providing guidance and advice to the C.E.O. and senior leadership. The advisory committee would be made up of industry experts, who would provide guidance and advice on the direction of the Company and the industry as a whole. The personnel of ReTyre Solutions would include a C.E.O., a team of managers and employees, and an advisory board. The Company would hire skilled and experienced personnel who deeply understand the automotive industry and the products that can be created from recycled tires.
The personnel required in the Company include also;
Plant Manager:
The Plant Manager will be responsible for overseeing the entire tyre recycling process. This includes operating all equipment, managing staff, and ensuring safety regulations are followed. An ideal candidate should have a Bachelor’s degree in engineering or a related field and extensive experience in plant management or similar roles. This person should have a demonstrated track record of success in managing production processes, including managing staff and ensuring safety and quality control. They should also have strong interpersonal and problem-solving skills and be able to manage the plant’s day-to-day operations efficiently.
Maintenance Technician:
The Maintenance Technician is responsible for diagnosing and repairing equipment failures and performing regular maintenance on the plant’s machinery. An ideal candidate should have a Bachelor’s degree in engineering or a related field and extensive experience in maintenance or similar roles. They should have a solid technical background, with knowledge of the different machinery used in the plant. They should also be able to diagnose and fix equipment failures quickly and identify potential problems before they occur.
Safety Manager:
The Safety Manager is responsible for creating and implementing safety protocols and ensuring all personnel follows them. An ideal candidate should have a Bachelor’s degree in safety management or a related field and extensive experience in safety management or similar roles. They should have a strong understanding of safety regulations and be able to create and implement safety protocols tailored to the plant’s environment. They should also have excellent communication and problem-solving skills and be able to respond quickly to any safety issues.
Sorting and Separation Workers:
The Sorting and Separation Workers are responsible for sorting and separating the tires into different categories according to their size and material. An ideal candidate should have a high school diploma or equivalent and experience in sorting and separating materials. They should be able to quickly and accurately sort and separate the tires into different categories and be knowledgeable about the different types of tires and their characteristics.
Processors:
The Processors are responsible for breaking down the tires into small pieces and extracting the usable rubber material. An ideal candidate should have a high school diploma or equivalent and experience in processing or similar roles. They should have strong mechanical and problem-solving skills and be able to quickly identify and fix any issues with the processing of the tires.
Shredding Workers:
The Shredding Workers are responsible for using heavy machinery to shred the tire pieces into even smaller pieces. An ideal candidate should have a high school diploma or equivalent and experience in operating heavy machinery or similar roles. They should have a solid mechanical background, with the ability to operate and maintain the shredding machinery. They should also be knowledgeable about safety protocols and able to identify and fix any issues with the shredding process quickly.
Transport Workers:
The Transport Workers are responsible for loading and unloading the tires onto trucks and delivering them to the appropriate recycling centers. An ideal candidate should have a high school diploma or equivalent and experience in driving or similar roles. They should have a valid driver’s license with a clean driving record. They should also have strong problem-solving and customer service skills and be able to quickly and efficiently load and unload the tires onto the trucks.
Organizational structure
C.E.O.
Executive Management:
– Chief Operating Officer
– Chief Financial Officer
– Chief Technology Officer
Plant Managers
– Plant Manager
– Maintenance Manager
– Safety Manager
Operational Teams:
– Sorting and Separation of Workers
– Processors – Shredding Workers
Transport Workers Support Teams
– Human Resources
– Accounting – Legal –
2.0 INDUSTRY
The tyre recycling industry is growing, with a high demand for recycled tyre products. The market is expected to continue to grow in the coming years due to the increasing awareness of environmental issues and the increasing demand for sustainable materials. The main competitors in the tyre recycling industry include large corporations and small-scale operations. Companies must have a well-managed supply chain, efficient processes, and high-quality products to compete in this industry.
To overcome the stiff competition in the market, the Company will incorporate various marketing strategies. The market analysis for ReTyre Solutions would include a detailed assessment of the current market for recycled tire products and an analysis of the potential competitors. The study would also review the current trends in the automotive industry and assess the likely demand for the Company’s products. The analysis would also review the potential customer base for the Company’s products and assess the potential customer’s needs and preferences (grant, 2021). The Company would also include an evaluation of the possible pricing for the products and an analysis of the possible distribution channels. Finally, our Company will consist of assessing the potential risks associated with the venture and strategies to mitigate those risks.
The tyre recycling industry has a relatively low environmental profile as it is focused on reducing waste generated by discarded tires. The energy requirements for tyre recycling are relatively low, as the process relies primarily on manual labor and mechanical equipment (Paley,2021). The supply chain for tire recycling is relatively short, as most of the materials used for recycling tires are sourced from local scrap yards. The waste generated from tyre recycling is minimal, as most of the rubber material is reused. Finally, the recycling capabilities of the industry are high, as the rubber material from tires can be used in various products and applications.
3.0 PRODUCTS DESCRIPTION
ReTyre Solutions would provide a range of products and services related to recycled tire products. The Company would offer various products made from recycled tires, such as rubber mats, playground surfaces, and furniture. These products would be designed to be both eco-friendly and cost-effective. In addition to the products, ReTyre Solutions would also provide a range of services related to the recycling of used tires. These services would include tire collection, tire sorting, tire shredding, and tire recycling. The Company would work with tire manufacturers and distributors to collect used tires and then sort and shred them to prepare them for recycling.
Once the tires have been recycled, the recycled materials can then be used to create the products that ReTyre Solutions offers. The Company would also provide a range of services related to the marketing and distribution of its products. This would include creating marketing campaigns to promote the products and make them available to consumers, providing customer support, and resolving customer-related issues. The Company would also work with retailers to make the products available in stores and with distributors to make the products available in other markets. ReTyre Solutions would also provide educational services related to tire recycling and sustainability. This would include information on the benefits of recycling tires and how to dispose of used tires properly. The Company would also work with schools and other organizations to provide educational materials and raise awareness about the importance of recycling tires importance.
$300,000 will be required to produce the product, it’s launching and marketing costs.
6.0 References
Dorie, V., Hill, J., Shalit, U., Scott, M., & Cervone, D. (2019). It is automated versus do-it-yourself methods for causal inference: Lessons learned from a data analysis competition.
Ferrell, O. C., Hartline, M., & Hochstein, B. W. (2021). Marketing strategy. Cengage Learning.
Grant, R. M. (2021). Contemporary strategy analysis. John Wiley & Sons.
Paley, N. (2021). The manager’s guide to competitive marketing strategies. Routledge.
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