Name Nicholas Fury NetID Nfur347 Group Number: 293 Website Link: http://infosys1102014s1group293.blogspot.co.nz/ Tutorial Details Tutor: Day: Time: Khusbu Thursday 12pm Time Spent on Assignment: 10 hours Word Count: 1565
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2 SMART CANE BUSINESS PLAN INTRODUCTION All overall the world visually impaired people struggle to navigate their day to day lives restricting their access to the area around them, 55% of blind or visually impaired people travel routes unfamiliar to them less than once a week and 40% suffer head level accidents at least once a month. The smart cane wishes to help these people struggling by using GPS, Bluetooth, Proximity sensors and infrared technology to create a walking cane that can give the user directions and warn them about upcoming obstacles to help them access new places and navigate their way there. 3. BUSINESS SECTION 3.1 Vision To provide blind and visually impaired people with a safe and easy way to navigate their day to day lives. 3.2 Industry Analysis: Industry: Electronic travel aids for the blind industry. Force: High/Low: Justification: Buyer power: Low Although there are other products in the same industry none of them other the same full comprehensive aid as the smart cane. Other products are very expensive and offer a lower level of aid for the blind and visually impaired. (Yen, 2005) Supplier power: High Suppliers of electrical components have a lot of power as there are so many choices for them
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3 when selling their products. Because there will not be mass production of the smart cane. Orders from the supplier will be smaller and are less likely to be able to negotiate a good deal with suppliers. Threat of new entrants: Low The cost of producing products in the electronic visual aids industry is quite high the blind aid system created by Carnegie Mellon University cost $1,127 to make (Mau, Melchior, Makatchev and Steinfeld, 2008). This means that anyone wanting to enter the industry would need large amounts of capita to be successful. Threat of substitutes: High Blind or visually impaired people do have other options when wishing to travel such as a white cane, guide dog or personal assistance by another person. 90% of blind people cannot travel alone, of the 10% that can 7% use a white cane and 3% can use a guide dog (Mau, Melchior, Matakchev and Steinfeld, 2008). Meaning there is a real opening on the market for a product such as the smart cane that allows independent travel. Rivalry among existing competitors: Low With most of the existing products on the market costing large amounts of money up to $2,500 (Yen, 2008). There is a low rivalry among competitors for an affordable product to suit a large range of customers.
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4 Overall attractiveness of the industry: This is a fairly attractive industry due to the low buyer power, the fact that there is a low risk of new entrants and little rivalry among existing competitors and although there is a high risk of substitute products none offer the same advantages to the user as the smart cane. 3.3 Customers and Thei r Needs 40% of blind people suffer a head level accident at least once a month, 30% of blind people suffer falls at least once a month, 23% of head level accidents carried some medical consequences of which 60% required assistance by medical professionals and 26% of head level accidents affected the persons confidence to travel alone (Manduchi and Kurniawan 2011). All of these factors cause Blind people not be access the world around them. Our vision is to provide blind and visually impaired people with a safe and easy way to navigate their day to day lives Meaning we need to provide them with a way to avoid these accidents so that they will be able to access the world around them. We will provide this with the Smart Cane. 3.4 The Product and Service How will the product solve the problem, the GPS system will allow blind or visually impaired people to navigate areas or reach places that are unusual or unfamiliar to them. 55% of blind or visually impaired people travel unfamiliar routes to them less than once a week (Manduchi and Kurniawan 2011). Restricting their access to the area around them. The GPS will help with this as it will allow the user to search a destination and receive concise and easy on the go directions on how to get there. Once on their way towards the destination the sensor stick will allow the user to avoid hazards and obstacles through voice warnings and vibrations. The warnings about upcoming obstacles or hazards will reduce the amount of head level and fall accidents which affect blind or visually impaired people from travelling alone and reduce the medical costs related to these accidents. Regular canes can be useful but don't give a full representation of the environment the user is travelling through. Guide dogs are useful but are not always available, are costly to maintain and take a long period of time to learn to use. Our system will be easy to learn to use will give a better representation of surroundings that existing canes and will also have the added benefit of GPS navigation.
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5 3.5 Suppliers and Partners A supplier for the technology used in the sensor of the cane will be www.digikey.co.nz they can provide the proximity sensors and infrared technology needed. The supplier for the Bluetooth headsets would be www.globalsources.com they have a large range of different headsets available and we would be able to select the perfect one to use with the blind or visually impaired. 3.6 Strategy: Focused Low Cost The smart cane is aimed at the focused market of blind and or visually impaired individuals who require assistance for day to day travel. Causing it to be narrow market. The cost strategy is low cost this is so that the smart cane will be available to as many who need it as possible this means that the smart canes introduction to the market will able to affect as many people as possible. The overall strategy is therefore Focused Low Cost 3.7 Value Chain Activity: Manufacturing the product The most important value chain activity for this business is Manufacturing the product I have chosen this because for the smart cane to really give blind and visually impaired people and easy way to navigate their lives it has to be made extremely with no flaws and be of very high quality while also remaining affordable enough for widespread use. These can both be done by manufacturing a high quality product and doing so efficiently to reduce costs 3.8 Business Processes 3.8.1. PRODUCT CREATI ON PROCESS
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6 This is an important process because it is essential in creating a high quality product this involves sourcing the parts for the product from the suppliers mentioned above and intergrading them efficiently to minimize manufacturing costs so that the smart cane can be sold at an affordable price as mentioned in the strategy.
3.8.2. QUALI TY TESTING PROCESS To ensure that the smart cane is a quality product that is going to work well and truly better the life of its user it must be put through a quality testing process to ensure that all the parts are working well and it is overall a well-functioning product.
Start Place an order for materials. Receive materials from supplier. Combine materials to create smart cane system. Finished product sent to inventory warehouse ready to be shipped. Check new materials as they arrive to ensure the work. As each component is added to the smart cane make sure the system works properly. Test the end product once it is finished to ensure the system works before sendig to the inventory warehouse
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7 3.9 Functionalities 3.9.1. PRODUCT CREATI ON PROCESS Creates the end smart cane product. Keeps the smart cane at a low manufacturing price. 3.9.2. QUALI TY TESTING PROCESS Makes sure that the smart cane works properly. Makes sure that faulty parts arent used in manufacturing. 3.10 Systems
3.10. 1. INVENTORY MANAGEMENT SYSTEM An inventory management system is a very important part of the company. It allows the company to keep track of the amount of smart cane systems that they currently have in the inventory warehouse allowing them to keep track of their production rates and how fast they turn over inventory. 3.10. 2. MATERI AL ORDERING SYSTEM- The material ordering system will allow all the parts needed for a smart cane system to be ordered all the same time rather than having to place individual orders for each part of the smart cane. This will reduce the time taken to place orders and in turn create the smart cane making the product creation process more efficient and reducing costs. 3.10. 3. SUPPLIER RESEARCH SYSTEM This system will group data that has been collected about suppliers including price and quality of products to produce data on which suppliers are better to use which offer lower prices that means the smart cane system can be produce at a low manufacturing costs but also have high quality materials to ensure the system works
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8 3.11. Summary Table: Value Chain to Systems
Value Chain Activity Processes Functionalities Specific Information System(s) Broad Information System(s)
Manufacturing the product. 1. Product creation process 1. Creates the end smart cane product.
2. Keeps the smart cane at a low manufacturing price. Inventory management system.
Material ordering system Transaction processing system
Supply chain management system 2. Quality testing process. 1. Make sure the smart cane works properly.
2. Makes sure that faulty parts arent used in manufacturing. Material ordering system
Supplier research system Supply chain management system
Decision support system
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9 CONCLUSION The smart cane aims to help visually impaired and blind people navigate their daily lives by providing them with a means to travel independently and access the world around them. This will be made possible through the use of information systems that will support the business processes allowing the company to use the focused low cost strategy to make smart canes readily available to those that need them.
REFERENCES
1. Yen, D. Currently available electronic travel aids for the blind. ( 2005). Retrieved from http://www.noogenesis.com/eta/current.html
2. Borenstein, J., & Ulrich, I (1997). The guide cane A computerized Travel Aid for the Active Guidance of Blind Pedestrians. Retreived from http://www.cs.cmu.edu/~iwan/papers/guidecane.pdf
3. Mau, S., & Melchoir, N., & Makatchev, M., & Steinfeld, A (2008). Blindaid: An Electronic Travel Aid for the Blind. Retreived from https://www.ri.cmu.edu/pub_files/pub4/mau_sandra_2008_1/mau_sandra_2008_1 .pdf
4. Manduchi, R., & Kurniawan, S ( 2011). Mobility- Related Accidents Experienced by People with Visual Impairmant. Retreived from http://users.soe.ucsc.edu/~manduchi/papers/MobilityAccidents.pdf
5. Yen, D. Electronic Travel Aids for the Blind. (1996). Retrieved from http://www.tsbvi.edu/orientation-a-mobility/1974-electronic-travel-aids-for-the- blind?device=desktop