Critical Risks Critical RisksThe two main issues that need to be addressed in the manufacturing are the price of the major commodity, stainless steel, and the quality and supply of the componentry. As this venture will be located in the heart of "stainless steel" country in the US, costs will be kept to a minimum due to the lower transport costs. Strong relationships will be developed with suppliers of stainless steel which will ensure favorable trading terms. Quality control checks have been introduced at all stages of assembly. To ensure only the best supplies are sourced, two or three suppliers will be sought in the early stages of the venture.
There is a reliance on the technical expertise provided by Mr. Alan Rotherhan. Rotherham however has committed to the venture for twelve months. He has expertise and a wide network of contacts in the US. Skilled labor is required for the assembly of these products. Our research shows that this will be readily available in the district in which we have chosen to establish. This is a `fast growth' venture and the supply of skilled labor to meet demand is paramount. Business Marketing by 101biz.com |
