Discuss about the Idea Of Developing A Recycle Bin.
Dumping of wastes is becoming one of the major problems in the modern day scenario. People in every household are having a major problem in dumping their household wastes properly. So, they often dispose of the wastes in the raw form. This, in turn, causes large-scale pollution. So, there has to be some unique business technology that will be providing new machinery called the recycle bin. This will not only help in reducing the waste but will also help in converting the waste into fertilizer (Pearce, 2014).
The problems that exist in the market in the modern day scenario are the lack of proper garbage dumping system. It is one of the major problems that also exist in the market. Each day there are a huge amount of wastes that are accumulated (Brunner & Rechberger, 2015). The houses often lack proper methods dumping the wastes. So, many people have the habit of dumping the wastes without proper treatment. This results in large-scale pollution. Though some amount of the wastes is treated still a large amount is left. This causes a huge amount of pollution as well. It is for this reason that a recycle bin that can also produce fertilizers might be used (Binnemans et al., 2015).
There will be many benefits of using this method. This will be a path-breaking invention in the field of business and it will help in breaking down the wade into simple soluble particles so that it does not create any harmful pollution. It will have a very easy and handy mechanism so that it can be used by all the people at large. It will also be used on a daily basis. So, the user has to be assured of the fact that he or she will have to face no difficulty in decomposing the waste (Cucchiella, D’Adamo & Gastaldi, 2014). This method will also help in producing natural fertilizers that will be good boosting up the fertility of the soil which in turn will be very good for the growth of plants. Apart from this, there will also be the reduction of food waste. The recycle bins will be working with the goal of transforming every bit of the kitchen waste into a proper and healthy kind of manure. There can be a device called the food recycler. This is also an advanced kind of a recycle bin that will help in producing recyclable waste out of the food that is wasted in each and every household on a day to day basis (Belo et al., 2015).
The key activities of the company will be to help the factories and the business organizations for treating their wastes in a smart and useful way. They will develop a key partnership with the well-known technology companies that will help them to produce good, faster and user-friendly machinery. Their main purpose is to help the other companies to identify and deal with their wastes in the best way possible and they can also contribute towards the waste management and production of natural fertilizers. (Cucchiella, D’Adamo & Gastaldi, 2014)
Their value generated by them will be of utmost importance in the modern day scenario. They will help in making the society and the world as a while a cleaner place. They will help in getting rid of the wastes that are generated by the houses and the factories on a daily basis (Zaman & Reynolds, 2015).
Their main priority will be customer relationship. They will have to keep his in mind that they are working for the welfare of the society and the people living in it. So, they have to be very hard working on the project that they are undertaking. They will have to make sure that they are working by bringing in all the possible resources that they can. They have to keep in mind that they are launching a very new concept and a very new object in the market. This will be able to work properly only when the customer response is good. So, they have to be very active and solve all the problems of the customers (Zaman & Reynolds, 2015).
The channels that will be used by them are mainly social media and the websites of the companies who will start using this technology.
The resources are mainly the machinery parts that they will be taking for the purpose of making the recycle bin and also they will have to bear this cost for the purpose of maintaining it as well.
The cost structure is the huge amount of money or the funds that they have to maintain for making the recycle bin and also bearing the maintenance expenses. The revenue will mainly be generated from the number of companies and the houses that will be using this device.
The success factors that they have to be sure about are that they can use their device in the proper way. They cannot really compromise with the quality of the machinery that they are using or the kinds of chemicals that they are actually implementing.
The new startup company will be successful because of the partnerships that they will be developing with the well known and the important companies like a brand network that has helped the marketers in making and publishing the dynamic, good quality content writings within their social campaigns. They can seek the collaboration with companies that are technologically sound and can provide them very good designs and mechanisms. The partnership with these companies and the hard work of the startup company will help them to be successful in their business. However, they have to make sure that they are following the method of constant improvement so that they can come up with more innovative and successful services. They have to give this service so that they can give a very tough competition to the other such competitive companies. During the execution of the idea, proper security has to be maintained that the competitive firms don’t copy their idea (Liu et al., 2017)They must also stick to the idea that the customers are their major assets and that their opinions are to be taken at every single step. They must focus on the team working spirit as well and also collect the opinions of the customers in order to get the best and the compelling stories for making proper quality content. They must keep in mind that it is not violating the emotions of any individual or any company. The content must be precise, sweet and simple so that the message is clear and easily understandable by all
The evaluation of the feasibility of this idea will be done by seeing the number of companies that are trying to opt for their services and the kind of reputation that they are enjoying in the local and the global market. As this is a very new company and will come up as a start-up business, they will have to maintain the quality and the high standard of their services and maintain the feasibility of their product in the market. They can also check the feedbacks or the reviews that are being given by their client companies. They can also use the method of some survey or some forms that they will be circulated among their clients and they will be asked to fill up the same. It is through these forms that the recycle bin business will be able to understand the kind of performance that they are generating (Chiew et al., 2015).
Conclusion
So, it can be concluded that this idea of developing a recycle bin that can also produce natural fertilizers is a very innovative idea and will work for the welfare and the benefit of people. However, the companies will have to take the views, feedback, and opinion of the customers, in order to know that whether the customers are being satisfied with the service or not.
References
Arevalo-Gallegos, A., Ahmad, Z., Asgher, M., Parra-Saldivar, R., & Iqbal, H. M. (2017). Lignocellulose: a sustainable material to produce value-added products with a zero waste approach—A review. International journal of biological macromolecules, 99, 308-318.
Belo, O., Oliveira, B., Medeiros, M., Leite, M., & Faria, P. (2015, September). Improving selective collection of urban waste using a business intelligence system. In WASTES 2015–Solutions, Treatments and Opportunities: Selected papers from the 3rd Edition of the International Conference on Wastes: Solutions, Treatments and Opportunities, Viana Do Castelo, Portugal, 14-16 September 2015 (p. 31). CRC Press.
Binnemans, K., Jones, P. T., Blanpain, B., Van Gerven, T., & Pontikes, Y. (2015). Towards zero-waste valorisation of rare-earth-containing industrial process residues: a critical review. Journal of Cleaner Production, 99, 17-38.
Brunner, P. H., & Rechberger, H. (2015). Waste to energy– a key element for sustainable waste management. Waste Management, 37, 3-12.
Chiew, Y. L., Spångberg, J., Baky, A., Hansson, P. A., & Jönsson, H. (2015). Environmental impact of recycling digested food waste as a fertilizer in agriculture—A case study. Resources, Conservation and Recycling, 95, 1-14.
Cucchiella, F., D’Adamo, I., & Gastaldi, M. (2014). Sustainable management of waste-to-energy facilities. Renewable and Sustainable Energy Reviews, 33, 719-728.
Kurdve, M., Shahbazi, S., Wendin, M., Bengtsson, C., & Wiktorsson, M. (2015). Waste flow mapping to improve the sustainability of waste management: a case study approach. Journal of Cleaner Production, 98, 304-315.
Liu, B., Xiao, Z., Zhao, C., & Huang, Y. (2017). U.S. Patent Application No. 15/039,846.
Papargyropoulou, E., Lozano, R., Steinberger, J. K., Wright, N., & bin Ujang, Z. (2014). The food waste hierarchy as a framework for the management of food surplus and food waste. Journal of Cleaner Production, 76, 106-115.
Pearce, D. (2014). Blueprint 3: Measuring sustainable development. Routledge.
Zaman, A., & Reynolds, C. J. (2015). The economic and bio-energy production potential of South Australian food waste using Anaerobic digestion.
Zaman, A. U. (2014). Measuring waste management performance using the ‘Zero Waste Index’: the case of Adelaide, Australia. Journal of cleaner production, 66, 407-419.
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