IQC: Benefit Consumer

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IQC: Benefit Consumer

Guntur, India
Year Founded:
2015
Organization type: 
for profit
Project Stage:
Idea
Budget: 
$1,000 - $10,000
Scaling strategies launched within the past 6 months:
Not Applicable
Project Summary
Elevator Pitch

Concise Summary: Help us pitch this solution! Provide an explanation within 3-4 short sentences.

Insight administration to adopt value chain Management
Benefit Consumer-Create an insight among the brands to administer the maximization of value offering through the implementation of value chain Management. It is more a value science approach applicable to all the manufacturing domain.

WHAT IF - Inspiration: Write one sentence that describes a way that your project dares to ask, "WHAT IF?"

No left over’s with the non availability of spares.The consumer is safe and consumerism makes sense.The brand ethics prevail and the promotions go deserved. The possible cut down in the manufacturing costs and mark the lower side of the prices.
About Project

Problem: What problem is this project trying to address?

The era of this modernization is letting the markets flood with the day to day latest models. The yesterday procured is an out dated today and is no more for tomorrow, is the scenario. The availability of the spares too does diminish at the same rate for the older models and the consumer is forced to update with regard to the usage. Triggering a change for the betterment of the consumer, in view of the problem, makes the mission.

Solution: What is the proposed solution? Please be specific!

"Benefit consumer", promotes the application of value science in the designing of the instrumental parts which in bears the study to comply with the possibilities of applying the portability to fit with the future models. The value chain management thus enable the consumer get promising support and thereby register with an after sales satisfaction. The brands can thereby exist in pride for being ethical and honest in representing themselves. There can also be a constructed possibility on the brands’ front to cut short the operable additional service line manufacturings other than the regular ones. This in turn could help in reduce the fixation of the overall product price.
Impact: How does it Work

Example: Walk us through a specific example(s) of how this solution makes a difference; include its primary activities.

Let us presume that 'A' purchased a refrigerator in 2005. Later on models were introduced till now at the rate of one new per year. Now, the situation is that 'A' found a necessity for the change of trays in the refrigerator as they are broken. The result would be that he cannot find the ones with the company. Nobody can question the situation as it is very long since the purchase and is not quite possible with the company to maintain all the spares throughout the down line. If the company had adopted the value chain management procedures and the same of the spares of the A’s model are designed to fit for the later ones, the availability to the needs of 'A' would prove better. Hence the the consumer rights are thus protected to fullest.

Impact: What is the impact of the work to date? Also describe the projected future impact for the coming years.

A company is registered as “Institute for Quantified Communications”, an L.L.P, to promote the project "Benefit Consumer". The project is expected to gain acceptance in vast as providing benefit to the consumer who happen to make the life blood of business.It bears no exaggeration if one would say that it perfectly make the future approach of the manufacturing industry.The registering growths in the manufacturing segment do pronounce the level of importance for the roll out the model. The value offering implementations is not totally new to the industry and is being carried out to the interests of the manufacturers and hence when could groomed properly could certainly fetch the required acceptance from the markets.The easy exit means from the method also support its acceptance to the desired level.

Spread Strategies: Moving forward, what are the main strategies for scaling impact?

The " IQC" doesn’t simply stick to the mere promotion of the concept. It does possess a powerful means for gaining the acceptance.The information being shared cannot be obtained at any purchase time to the consumer. Moreover, the built in liberty for “IQC” to even probe the market for any likely availability of the fit from even the third party products, makes the model efficient which otherwise is not simply possible with the brands by themselves. The brands join as members for satisfying their consumers and thus create the required impact.
Sustainability
Funding: How is your project financially supported?: 
individual donations or gifts - 100%
grants or contracts - 80%

Financial Sustainability Plan: What is this solution’s plan to ensure financial sustainability?

The makeover of the members creates the source of revenue for the survival of the model. The members are extended with a support to exchange the information pertained to the availability of spares to their product. Though the expected turnouts at the initial phase are less but would surely catch up to make volumes in the course. Ultimately, IQC trust in the strength of the model for attaining the required acceptance from the markets.

Marketplace: Who else is addressing the problem outlined here? How does the proposed project differ from these approaches?

Every brand is engaged in the process of supporting their consumers for making the spares available in their own traditional styles and hence the mission is not a rocket science. Services are even being taken up as the annual service contracts by some brands as an advancement in the support. The stated procedure is nothing but more an advanced with a built in implementation of value chain management procedures. It surely stands to be an advanced approach for tackling the same of the addressed problem.
Team

Founding Story

Yes! It is true that even an incident happened to us. It was few years earlier that we faced a need for the replacement of the compartment trays in out refrigerator, of Samsung make. It was a double door one. Unfortunately, we couldn’t find. Our trails even to find from the other models did fail. We were left with no option but to change the refrigerator.The most disgusting thing was the proven inability.The compulsion made to purchase a new one for their inability made us feel helpless.Later on found lot of sufferers on many grounds in the online forums too.The urge to find an applicable remedy invoked the thought and finally could drill down to the proposed model.

Team

Presently our team comprises of two and both of us are holding the position of directors as the company is a registered L.L.P. I am Ch.Siva Prasad, B.E, M.B.A Graduate (involving part time) and the other is Mrs Ch. Anita, M.S.C in Sciences (Involving part time). We look forward to find the right personnel to join the driving force as to counter balance the growth with the required administrative support based on the suitability.
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