this topic was thought in operational management. what is operational management Operations management is the administration of business practices to create the highest level of efficiency possible within an organization. It is concerned with converting materials and labor into goods and services as efficiently as possible to maximize the profit of an organization. Operations management teams attempt to balance costs with revenue to achieve the highest net operating profit possible. this was to create an innovation idea. where you have to create so idea and prepare some good incentive.
2. About Handvo
• Handvo is a vegetable cake originating in Indian subcontinent. It is often
made in Gujarati cuisine.
• Handvo is a classic dish and one may not find it easily served up in the local
shops.
• It is a mixed pulses batter with some carbohydrate grain, some veggies, a
generous tadka and finally the baking makes it a whole new experience.
• Often prepared with bottle gourd, gram flour and all it can serve as the ideal
breakfast option.
4. ESTIMATION
• Shop cost: ₹80,000/month
• Redevelopment cost: ₹250,000
• Labour: 6 people
• Labour cost: ₹100,000/month
• Unit cost: ₹400,000
• Raw material cost: ₹200,000/month
• Digital marketing cost: ₹200,000
• Total cost: ₹12,30,000
5. Marketing
• Digital Marketing:
• Swiggy, Foodpanda, Zomato and UberEATS subscription.
• Social Media Marketing.
• Target Segmentation:
• Age Group: Above 15+
• Families.
• All Secs.
6. Addition to the Handvo
• The hawkers in the area which are illegally settled on streets will be
given offers to settle their stalls and sell their products under our name
with a minimum rent possible.
• The hawkers who will be offered will be popular in the area or will have
unique food products which are still in their growth stage.
• There will be 4 Stalls which will be settled using the same space which
The Handvo are using.
• 3 Stalls which will have unique food products.(Flavoured pani puri etc.)
• 1 Stall will be of a unique dessert. (for Eg, Noodle Ice creams)
7. Social Cause
• The participating labourers will be the ones who had been
• Victims of acid attacks.
• Specially Abled.
• Grandmothers from Old age homes.
• Everyday some part of food produced will be donated to the NGOs.
• Employment to the hawkers in the area.