Technical Aspect

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Poll

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ASPECT

Presented By Ms. Kayle Alinas-Callanta, MBA

Technical

Feasibility Study Writing

A. Marketing Aspect

B. Management Aspect

C. Technical Aspect

D. Financial Aspect

E. Conclusion and Recommendation

ASPECT

I.

Product

Description

and

Design

II. Product Cost and Supplier
Relations

Technical

III. Supply Chain, Production
Process

V.

Inventory

System

and

Management

VI. Plant: Location: Size, Layout

IV. Required Property, Plant and
Equipment, Including Supplies

VII. Project Cost and Capital
Contribution

FS Writing

I. Product Description and Design

Product Descriptiondescribes the features and benefits of a product to a customer. The goal of the
product description is to provide the customer with enough information to compel them to want to buy
the product immediately. ~oberlo.com

Product design is the process of developing a usable product that meets customer's needs by defining
the users' problems and finding creative solutions for these problems. ~eleken.co

Multiple Choice

Which of the following is a good product description?

Product: Soy Scented Candles

Scent: Sandalwood

• Soy candles are made from soybeans. therefore they are not toxic like paraffin waxes. It is renewable, sustainable, environmentally friendly, and biodegradable, water-soluble. Indian Sandalwood is at the heart of this moody, warm, velvety and woody blend, tempered by slightly sweet top notes of Tangerine, Sweet Orange and Mandarin – providing a beautiful lift. This is a deep and nuanced Sandalwood like no other.

• Soy candles are made from soybeans. therefore they are not toxic like paraffin waxes. T It is renewable, sustainable, environmentally friendly, and biodegradable, water-soluble. The maximum recommended burn time for soy Candles is four (4) hours per burn. Burning longer than this time is dangerous especially when combined with improper wick trimming. An improperly trimmed wick can create a high flame and temperature forming a deep melt pool that may fatigue even our heat-safe glass over time. Each time before you light your soy candle, trim the wick down to ¼”. Do not allow wick trimmings to fall into your wax melt pool.

FS Writing

II. Product Cost and Supplier Relations

Product cost refers to the costs incurred to create a product. These costs include direct labor, direct
materials, consumable production supplies, and factory overhead. ~accountingtools.com

Supplier Relations deals and manages third-party suppliers who supply your company with goods,
materials, and services. This includes any agreement between you and your supplier on personalized
service, discounted prices, and special conditions. It goes beyond traditional procurement activities and
includes

selection,

supplier

development,

and

supplier

performance

management.

~mygreatlearning.com

III.

Supply

Chain

and

Production Process

Supply Chain is the network of all the individuals,
organizations, resources, activities and technology involved
in the creation and sale of a product. A supply chain
encompasses everything from the delivery of source
materials from the supplier to the manufacturer through to
its eventual delivery to the end user. ~techtarget.com

Production Process involves converting inputs (natural
resources, raw materials, human resources, capital) into
outputs (products or services). ~lumenlearning.com

Multiple Choice

The following depict production processes, except:

IV. Required Property, Plant,
Equipment, Supplies

08

Any property acquired, plant, equipment and supplies needed to put up the business.

V. Inventory Management System

It is the process by which you track your goods throughout your entire supply chain, from
purchasing to production to end sales. ~unleashedsoftware.com

Inventory management helps companies identify which and how much stock to order at what
time. It tracks inventory from purchase to the sale of goods. The practice identifies and
responds to trends to ensure there's always enough stock to fulfill customer orders and
proper warning of a shortage. ~netsuite.com

Plant Location refers to the choice of region
and the selection of a particular site for setting
up a business.

Plant Layout refers to the arrangement of
physical

facilities

such

as

machinery,

equipment, furniture etc. with in the factory
building in such a manner so as to have
quickest flow of material at the lowest cost
and with the least amount of handling in
processing the product from the receipt of
material to the shipment of the finished
product.

VI. Plant: Location,
Size, Layout

VII. Project Cost and Capital

Contribution

The project cost is a cost required to
procure all the needed products, services
and resources to deliver the project
successfully.

Capital Contribution refers to the money
or assets given to a business or partnership
by one of the owners or partners.

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