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Right	
  Track	
  Manufacturing	
  
            Solu3ons	
  



            Sola	
  Lawal	
  	
  
        olawal@indiana.edu	
  
           281-­‐236-­‐3647	
  
                    	
  
Meet	
  Jack	
  
Jack’s	
  problem	
  is	
  also	
  Dow’s	
  problem	
  
Dow’s	
  problem	
  is	
  everyone’s	
  problem	
  
    	
  
	
     	
  
BUSINESS	
  MODEL	
  
•  Our	
  Prices:	
  
	
  
    –  One-­‐3me	
  fee	
  ($2,500	
  -­‐	
  $25,000)	
  
    –  Consul3ng	
  fee	
  ($3,000	
  -­‐	
  $30,000)	
  

    –  Monthly	
  licensing	
  fee	
  per	
  user	
  ($25)	
  
MARKETING	
  

                                          Trade	
  shows	
  
                                          White	
  papers	
  
                                          Conferences	
  
                                          Sales	
  force	
  
                                          Partnerships	
  
                                          	
  
                                          	
  
Target	
  high	
  asset	
  u,liza,on	
  advanced	
  U.	
  S.	
  
           manufacturing	
  companies	
  
COMPETITION	
  
MANAGEMENT	
  

Aarik	
  Williams	
  –	
  Director	
  of	
  Sales	
  Opera3ons,	
  Defender	
  Direct	
  




Felicia	
  Enuha	
  –	
  Assistant	
  Marke3ng	
  Manager	
  at	
  Ecolab	
  




Sola	
  Lawal	
  –	
  PhD	
  candidate,	
  Maintenance	
  Engineer,	
  entrepreneur	
  
CURRENT	
  STATUS	
  &	
  TIMELINE	
  
   Build	
  
 prototype	
  
and	
  conduct	
                                                                    Obtain	
                            Prepare	
  for	
  
 feasibility	
                        Business	
  plan	
                          addi3onal	
                             launch	
  
  analysis	
                           completed	
                                 funding	
                                 	
  




                      Recruited	
                              $15,000	
                          Release	
  full	
  
                      advisory	
                             invested	
  by	
                      featured	
  
                       board	
                               management	
                          product	
  
                      members	
                                 team	
  
TAGLINE	
  
Leveraging	
  QR	
  codes,	
  Right	
  Track:	
  	
  
	
  
•  Reduces	
  unplanned	
  down3me	
  
•  Reduces	
  maintenance	
  costs	
  
•  Reduces	
  EH&S	
  costs	
  
	
  
To	
  make	
  manufacturing	
  firms	
  more	
  money.	
  	
  

                                  	
  
                                  	
  
        Right	
  Place.	
  Right	
  Time.	
  Right	
  Track.	
  
USE	
  OF	
  FUNDS	
  
Item	
                                  Cost	
  
Development	
                       $160,000	
  
Office	
  and	
  Computer	
           $	
  	
  10,000	
  
Equipment	
  
Sales	
  and	
  Marke;ng	
          $	
  	
  20,000	
  
Materials	
                                   	
  
Industry	
  Trade	
  Shows	
        $	
  	
  45,000	
  

Other	
                             $	
  	
  15,000	
  
Total	
                             $250,000	
  
Thank	
  You!	
  
FINANCIAL	
  PROJECTIONS	
  
ADVISORY	
  BOARD	
  

Riley	
  Wilson	
  –	
  President	
  UpArrow,	
  SAP	
  Consultant	
  and	
  subject	
  maier	
  expert.	
  
He	
  has	
  consulted	
  for	
  Shell,	
  BP,	
  ExxonMobil,	
  Suncor	
  Energy	
  and	
  other	
  prominent	
  
petrochemical	
  companies.	
  


Shakira	
  Tilghman–	
  Professor	
  Computer	
  Science	
  and	
  experienced	
  Team	
  Leader	
  of	
  EDS	
  at	
  
	
  General	
  Motors.	
  She	
  serves	
  as	
  president	
  of	
  Millenium	
  African	
  Projects,	
  and	
  also	
  
sits	
  on	
  the	
  boards	
  of	
  several	
  non-­‐profit	
  organiza3ons.	
  	
  



George	
  Shofoluwe	
  –	
  Senior	
  Vice	
  President	
  of	
  Deltatek	
  Energy	
  Incorporated	
  
and	
  ex-­‐DOW	
  SAP	
  Implementa3on	
  Leader,	
  Maintenance	
  Process	
  Leader,	
  Dow	
  
Strategic	
  Sourcing	
  Leader,	
  and	
  CEO	
  and	
  co-­‐founder	
  of	
  an	
  HVAC	
  consul3ng	
  
firm.	
  
 Product	
  Offering	
  
·∙	
  	
  	
  	
  	
  	
  	
  	
  QR	
  code	
  digital	
  and	
  physical	
  genera3on	
  
	
  
·∙	
  	
  	
  	
  	
  	
  	
  	
  	
  Codes	
  linked	
  to	
  informa3on	
  repository	
  w/	
  repair	
  guide	
  informa3on	
  
	
  
·∙	
  	
  	
  	
  	
  	
  	
  	
  	
  Data	
  captured	
  and	
  accessible	
  for	
  top	
  10	
  unexpected	
  down3me	
  causes	
  
	
  
·∙	
  	
  	
  	
  	
  	
  	
  	
  	
  Usage	
  analy3cs	
  captured	
  for	
  future	
  preven3on	
  strategy	
  
	
  
	
  	
  
Professional	
  Services	
  
·∙	
  	
  	
  	
  	
  	
  	
  	
  	
  Implement	
  3rd	
  party	
  Wiki	
  solu3on	
  as	
  informa3on	
  repository	
  
	
  
·∙	
  	
  	
  	
  	
  	
  	
  	
  	
  Digi3za3on	
  of	
  standard	
  opera3ng	
  procedures	
  
	
  
·∙	
  	
  	
  	
  	
  	
  	
  	
  	
  Cross-­‐func3onal	
  training	
  for	
  turnkey	
  handoff	
  to	
  client	
  
	
  


                                                            Sales	
  
Right	
  Track	
  solves	
  Jack’s,	
  and	
  Dow’s,	
  problem	
  
Figure 5 – Small Companies Dominate the Industrial Landscape
              (Updated January 2013)

                                        120,000
Number of Manufacturing Firms in 2010




                                        100,000
                                                        Total Number of Firms: 290,704

                                         80,000


                                         60,000


                                         40,000


                                         20,000


                                             0
                                                  0-4     5-9          10-19         20-99        100-499   500+

                                                                   Number of Employees per Firm


           Source(s): U.S. Census Bureau and MAPI
Industry Percent of Manufacturing, 2011




                                                                                                                                  0
                                                                                                                                      2
                                                                                                                                          4
                                                                                                                                              6
                                                                                                                                                  8
                                                                                                                                                      10
                                                                                                                                                           12
                                                                                                                                                                14
                                                                                                                                                                     16
                                                                                                                Chemical Products                                         18



                                                                                                                  Computer and
                                                                                                               Electronic Products



                                                                                                                 Food, Beverage &
                                                                                                                 Tobacco Products



                                                                                                                Petroleum and Coal
                                                                                                                     Products




                                                                          Share of Total Mfg GDP (Current $)
                                                                                                                                                                                 Employment (Updated January 2013)




                                                                                                                         Machinery




Source(s): MAPI calculations from U.S. Bureau of Economic Analysis data
                                                                                                                   Fabricated Metal
                                                                                                                      Products



                                                                                                               Other Transportation
                                                                                                                   Equipment
                                                                          Share of Total Mfg Employment




                                                                                                                     Miscellaneous
                                                                                                                     Manufacturing



                                                                                  Motor Vehicles, Bodies
                                                                                                                                                                               Figure 11 – Chemicals Lead Manufacturing in Terms of Output But Not




                                                                                       and Trailers
COMPETITION	
  
Company	
           Customer	
  Type	
                                      Focus	
                   Installa;on	
   Mobile	
  
Bigfoot	
  	
       Scalable	
  (10	
  to	
  10,000	
  users)	
             All	
                     Both	
          Yes	
  
eMaint	
            Scalable	
                                              All	
                     Web	
           Yes	
  
Loc8	
              Scalable	
                                              Asset	
                   Web	
           Yes	
  
Landport	
          Scalable	
                                              Facili3es	
               Server          No	
  
Maintenance	
  
                Scalable	
  	
                                              All	
                     Web	
           No	
  
Connec;on	
  

mPulse	
            Scalable	
                                              All	
                     Web	
           No	
  

SAP	
               >	
  $50,000,000	
  revenue	
                           Manufacturing	
   Server	
                No	
  


Maximo	
            >	
  $50,000,000	
  revenue	
                           Manufacturing	
   Server	
                No	
  


                             Direct	
  	
                Indirect	
  	
                     Future	
  	
  

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E bootcamp right track manufacturing solutions 3 min pitch 04172013

  • 1. Right  Track  Manufacturing   Solu3ons   Sola  Lawal     olawal@indiana.edu   281-­‐236-­‐3647    
  • 3. Jack’s  problem  is  also  Dow’s  problem  
  • 4. Dow’s  problem  is  everyone’s  problem  
  • 5.        
  • 6. BUSINESS  MODEL   •  Our  Prices:     –  One-­‐3me  fee  ($2,500  -­‐  $25,000)   –  Consul3ng  fee  ($3,000  -­‐  $30,000)   –  Monthly  licensing  fee  per  user  ($25)  
  • 7. MARKETING   Trade  shows   White  papers   Conferences   Sales  force   Partnerships       Target  high  asset  u,liza,on  advanced  U.  S.   manufacturing  companies  
  • 9. MANAGEMENT   Aarik  Williams  –  Director  of  Sales  Opera3ons,  Defender  Direct   Felicia  Enuha  –  Assistant  Marke3ng  Manager  at  Ecolab   Sola  Lawal  –  PhD  candidate,  Maintenance  Engineer,  entrepreneur  
  • 10. CURRENT  STATUS  &  TIMELINE   Build   prototype   and  conduct   Obtain   Prepare  for   feasibility   Business  plan   addi3onal   launch   analysis   completed   funding     Recruited   $15,000   Release  full   advisory   invested  by   featured   board   management   product   members   team  
  • 11. TAGLINE   Leveraging  QR  codes,  Right  Track:       •  Reduces  unplanned  down3me   •  Reduces  maintenance  costs   •  Reduces  EH&S  costs     To  make  manufacturing  firms  more  money.         Right  Place.  Right  Time.  Right  Track.  
  • 12. USE  OF  FUNDS   Item   Cost   Development   $160,000   Office  and  Computer   $    10,000   Equipment   Sales  and  Marke;ng   $    20,000   Materials     Industry  Trade  Shows   $    45,000   Other   $    15,000   Total   $250,000  
  • 15. ADVISORY  BOARD   Riley  Wilson  –  President  UpArrow,  SAP  Consultant  and  subject  maier  expert.   He  has  consulted  for  Shell,  BP,  ExxonMobil,  Suncor  Energy  and  other  prominent   petrochemical  companies.   Shakira  Tilghman–  Professor  Computer  Science  and  experienced  Team  Leader  of  EDS  at    General  Motors.  She  serves  as  president  of  Millenium  African  Projects,  and  also   sits  on  the  boards  of  several  non-­‐profit  organiza3ons.     George  Shofoluwe  –  Senior  Vice  President  of  Deltatek  Energy  Incorporated   and  ex-­‐DOW  SAP  Implementa3on  Leader,  Maintenance  Process  Leader,  Dow   Strategic  Sourcing  Leader,  and  CEO  and  co-­‐founder  of  an  HVAC  consul3ng   firm.  
  • 16.  Product  Offering   ·∙                QR  code  digital  and  physical  genera3on     ·∙                  Codes  linked  to  informa3on  repository  w/  repair  guide  informa3on     ·∙                  Data  captured  and  accessible  for  top  10  unexpected  down3me  causes     ·∙                  Usage  analy3cs  captured  for  future  preven3on  strategy         Professional  Services   ·∙                  Implement  3rd  party  Wiki  solu3on  as  informa3on  repository     ·∙                  Digi3za3on  of  standard  opera3ng  procedures     ·∙                  Cross-­‐func3onal  training  for  turnkey  handoff  to  client     Sales  
  • 17. Right  Track  solves  Jack’s,  and  Dow’s,  problem  
  • 18. Figure 5 – Small Companies Dominate the Industrial Landscape (Updated January 2013) 120,000 Number of Manufacturing Firms in 2010 100,000 Total Number of Firms: 290,704 80,000 60,000 40,000 20,000 0 0-4 5-9 10-19 20-99 100-499 500+ Number of Employees per Firm Source(s): U.S. Census Bureau and MAPI
  • 19. Industry Percent of Manufacturing, 2011 0 2 4 6 8 10 12 14 16 Chemical Products 18 Computer and Electronic Products Food, Beverage & Tobacco Products Petroleum and Coal Products Share of Total Mfg GDP (Current $) Employment (Updated January 2013) Machinery Source(s): MAPI calculations from U.S. Bureau of Economic Analysis data Fabricated Metal Products Other Transportation Equipment Share of Total Mfg Employment Miscellaneous Manufacturing Motor Vehicles, Bodies Figure 11 – Chemicals Lead Manufacturing in Terms of Output But Not and Trailers
  • 20. COMPETITION   Company   Customer  Type   Focus   Installa;on   Mobile   Bigfoot     Scalable  (10  to  10,000  users)   All   Both   Yes   eMaint   Scalable   All   Web   Yes   Loc8   Scalable   Asset   Web   Yes   Landport   Scalable   Facili3es   Server No   Maintenance   Scalable     All   Web   No   Connec;on   mPulse   Scalable   All   Web   No   SAP   >  $50,000,000  revenue   Manufacturing   Server   No   Maximo   >  $50,000,000  revenue   Manufacturing   Server   No   Direct     Indirect     Future