Read Consulting Client and answer 3 questions

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  1. At this point, what do you think your group could have outlined better in the Consulting Proposal? Why?
  2. What is the largest challenge your group has experienced and how was it addressed or is being addressed?
  3. How is the work you are doing on this project connected to the course materials?

Your answer should be 100-150 words in length.

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Surname 1 Name Instructor Course Date Luxepak statement of work 1. Reflect on the challenges you believe the client will face in this project. One of the major challenges that will be faced in this project is funding the project. The project is somewhat expensive since molds will have to be made and the company will also have to conduct market research to find out the target market where the product can be sold in large numbers. This research will also allow the company to exploit all sales channels. Another challenge is the design and production of the mold. The mold needs to be unique, durable and easy to customize. Customers might need branding on their products so the company needs to be ready for such eventualities. 2. What things will you need to learn personally to be an effective team member? To be an effective team member I would need to be honest and straightforward with other team members. A good team is one which members can trust each other and they can rely on one another. Being straightforward allows the members to count on one another in times of good news and bad news. I would also need to develop a positive attitude towards the project to allow for motivation amongst team members. To be an effective team member I would also need relevant ideas towards the project. In order to be beneficial to the team I would need to provide ideas that help actualize the project. Luxepak Statement of Work Introduction: Luxepak is an entrepreneurial venture that specializes in compact, attractively designed carrying cases for travel. Their cases rigid exteriors to protect their contents from damage when placed inside suitcases, or just for carrying singly. They have been in business for less than two years, and have been creating awareness of their products through participating in trade shows, among other venues (student team: clarify this). Their original product was the Lux Travel Pak, which is a small compact travel case. It was originally a travel/toiletry kit, but evolved into something bigger (see the website below for more details). Most recently, they have developed a new product for a new case that is designed for carrying wine (or possibly other types of bottled products). This new product is the focus of the current project. Some illustrations of this product are included in the folder along with this statement of work. Luxepak manufactures its products in China. It already has a relationship with a Chinese manufacturer and an export/import agent who works in Chicago. The production and transportation costs are already known quantities. To set up the production of the new wine case, Luxepak needs to develop a mold, which is one of the most expensive components of the manufacturing process. They would like to investigate the possibility of financing the production of this mold by advance sales, both to B2B and B2C customers. This leads us to the statement of work. Statement of Work: . The client wants to design a pre-launch strategy of new wine case. This includes figuring out how to fund the development of the plastic mold from advance sales. The client also wants to investigate possible sales channels, such as cruise lines, or more generally “duty-free” sales, in addition to using online sales platforms (such as Amazon and eBay). • They also believe that their products can be branded for carriers (e.g., Princess Cruises or airlines). This option should also be investigated. • They also want an analysis of their competition, relative to price and the substitutability of their products (which currently have unique features, compared to others in its market space-student team will verify/clarify the distinctness of Luxepak's products when they interview the client.) Contact Information: • Principal: Dee Dee Niedzwiecki (Owner) Phone: 720-404-7009 Email: DEEDEE@BUYLUXEPAK.COM Website: www.luxepakit.com
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Explanation & Answer

Attached.

Surname 1
Name
Instructor
Course
Date
Consulting Client
1. At this point, what do you think your group could have outlined better in the Consulting

Proposal? Why?
In the consulting proposal the group should have properly highlighted the challenges involved
during the project and how they approach these challenges. The group should also have
explained the role of team playing in the success of the project. Since the projec...


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