Faith’s Cannabis company will be established to produce organic healthcare products in the market. The company will be established in Los Angeles in the United States targeting low income and high-income individual in the country. Cannabis products will come up with unique features in the market system, which will increase customer coverage in the market system. The business system of the Faith Cannabis organisation will be integrated with different aspects like technology, operations, social responsibility and management system. This aspect will enable the faith cannabis business to be a success in the years to come.
Operations
The organisation system of operations involves the process of voltage rating, identifying the area location, loading, designing and using various technology models. The supply chain management system will be used to optimised operations of the company through integrated technology. The manufacturing of Cannabis products will be done in the storehouse of the company and packed ready for distribution to different destinations. Pressures from potential customers will influence the structures system of operational chain management. For example, the research study indicates that pricing of organic products in the United States has been increasing with the economic downturn. Through the supply chain management operations, Faith’s Cannabis organisation will be able to generate projected profit with the first year of operation. All the process of manufacturing organic products are executed into a structured flow to connect customers and suppliers in the industrial system. The company is focusing on making net sales of $2,236,776 by the end of the first year of operation. The cost-saving system will help the company to address challenges in the entire supply chain management system. This will help in improving the quality of services offered to potential customers.
The management system of the Faith Cannabis is planning to use the proven approach of integrating production system with technology, process, and customer. The roadmap of setting up core capabilities of the organisation helps in designing improvement functionality with a wide perspective of customers. The production department of the company will design great performance values to transform the experience of potential customers with Cannabis products. The packaging of products will have a sachet of 50g of cannabis medicine. Quality control will be monitoring the value and the standard of the Cannabis products before they are released in the market system. The new technology will increase production efficiency in the company with high demands in the market system.
Cost and Time Efficiency
Faith’s Cannabis company aims at producing medicine to the local market of the United States, especially in Los Angeles. The major factor of consideration is time and cost to ensure that production, packaging, marketing and distribution operations are effective. The company will identify cost-effective tools to formulate a clear plan of carrying out operations. For example, the new technology will be used to market, sell and deliver Cannabis products to the potential customers. A website will be developed with integrative features which allow customers to review products and make an order in their convenient place. The delivery will be made according to the location of the customer in the market system of Los Angeles. This approach will help in saving costs and time for Faith’s Cannabis company and potential customers.
The table below shows the associated cost operations:
Area of Cost Item and Quantity Cost
Organic Medicine product Cannabis Crusher $45,000
Packaging Recycling System $20,000
Packaging Shaft Shredder $34,000
Packaging Shaft Shredding $42,000
Transportation 3 vehicles $41,000
Transportation 3 Truck $33,000
Maintenance Batch waste Tyre $20,000
Maintenance Hazardous Waste Shredder $42,000
Competitive Advantage
Faith’s Cannabis company will be able to establish a market advantage by coming up with a unique product. The Cannabis products will be effective in relaxation effects and improving health outcomes among patients. With increased cases of health complications in the United States, the Faith Cannabis company will be able to penetrate easily in the market system despite high competitions from companies like Cannabis Science Inc, Medical Marijuana Corp, Terra Tech Corp, GrowingLife Inc, and GreenGro Technology Inc. The new technology will be utilised to come up with unique products which will attract more clients. The company will offer low price products compared to potential competitors in the market system. For example, Cannabis Science has known to offers some drugs for oxidation stress, pancreatic cancer, lung cancer, and obsessive-compulsive disorders. With these strategies, Faith’s Cannabis company will establish a strong market position in the United States.
Technology
The modernised technology will be implemented in the company with different customs to ensure the effectiveness of services and product system. The significant technology tools involve hardware, software, telecommunication and personnel. These tools are important in completing the chain management system of the company.
Software: Faith’s Cannabis company is planning to set up different applications of product to manage business operations in a centralised system. All operations that involve sales, marketing, customer information, people and finances. The company will implement enterprise resource planning software ERP to manage all operations of the business from a centralised point. The computer applications which will be implemented to the production of Cannabis products involves account software, billing software, payroll software, database software and asset management software. With these tools, the company will establish cost-effective services that apply to potential customers in the United States. Customers will be able to access products without delays. Therefore, the software solution will increase the efficiency of different operations in the production system of cannabis products.
Hardware: Faith’s Cannabis company will have five core hardware tools in the production and delivering system of medicinal products. First, all employees will have either a laptop or desktop to manage individual tasks. The multi-user work station will be established in addressing computing needs like data entry. Second, the management organisation system will have an external hard drive for recording and storing important information. Some data are not stored in the cloud system for convivence. Third, the network server solution will be established to support the marketing and production database of the company. This will serve as the backup options and security requirement in the organisation. The fourth hardware tool of the company is the wireless router which will be connected to the workplace internet. This will assist the research department system of Faith’s Cannabis organisation in ensuring innovation. Also, the quality printer will be used in the company to generate paper work documents.
Telecommunication: The information technology in the Faith Cannabis organisation will have some online platform where potential customers can easily access information. The company website of the company will help in increasing accessibility of cannabis products even for the remote customer in the market system. The customer’s services agent will be replying to potential clients who make enquiries on the services and products offered. It will be easier for customers to connect with the online store of the Faith Cannabis company as far as they have a stable network system in their computers or phones. Social media platforms like Facebook, Twitter, Instagram and LinkedIn will be used in the communication and advertisement process.
Personnel: Faith’s Cannabis company will need Information Technology personnel who will ensure that all operations are running effectively. The responsibility of the information technology involves security and data protection roles, database activities, maintenance of software and installation of IT devices. The implementation of data protection and security system strategies will help the company to have secure operations. Employees will be trained on how to ensure personalised security issues to ensure that privacy requirements are not violated.
Management
Employees Management
The process of planning and monitoring production services and distribution will be headed by Chief Executive Officer. The major operations of the CEO in Faith’s Cannabis organisation involves technology, human resources, operations, accounting, marketing, and finance. The head of respective departments such as production, packaging, marketing, technology and delivering is supervisors. This personnel have a role of executing activities to ensure customers can easily get cannabis products without delay. Employees will be involved in the management of the organisation through consideration of their feedbacks. Training and education programs will be initiated to ensure improvement in services delivery. The research and development have a role of utilising human resources to ensure there is a continuous innovation of products.
Management Structure
The top management structure of the Faith’s Company is the chief executive officer who will be the head of 40 employees. All management activities will be centred to the CEO as the owner of the company. The different department will be headed by supervisors who will be the intermediaries between the CEO and employees. Supervisors will be consulting employees on a different aspect of Faith’s Cannabis company to create a good relationship with the top management. Any decision on expansion strategies of the company will incorporate all stakeholders of the organisation. The following are the hierarchy of the management system of Faith’s Cannabis company.
Social Responsibility
Faith’s Cannabis is established in the foundation of improving community health with non-toxic medicinal products. The company will involve social responsibility like charity work to increase their connections with people in society. The management system is planning to donate 10% of its profit to society in the first year of operation. These activities are meant to improve its operations in terms of giving back to society. It is a good approach to establishing a competitive advantage over other potential companies in the market.
In the effort of promoting social responsibility, the company will ensure transparency and accountability in its services to ensure there is a strong code of conduct. Employees will be compensated according to their social roles and contribution to the company. The appraisal employee system will be implemented to all groups of people regardless of demographic factors like race, religion and age. The major focus of Faith’s Cannabis is to improve the well-being of people through organic products. The company will ensure the right standards of Cannabis products to reduce possible side effects to the people in society.
Impact on Stakeholders
Faith’s Cannabis company is expected to have positive impacts on all stakeholders in terms of health financial improvement. Employees, supervisors and CEO of the company will receive better pays with the projected sales after one year of operation. The healthcare affairs of the company will be considered to ensure the wellbeing of workers. The company have convenient policies on vacations and days off. Employees will be working in a flexible hours system and environment that allow career development. The major objective of the company is to create a holistic environment of promoting universal well-beings of potential customers. Health promotions activities help in educating customers on healthy lifestyles as they advertise Cannabis products to potential customers
Environmental Impact
Faith’s Cannabis company will be polluting environment with smoke from high-density machines. The company is planning to reduce the green gas effects by starting a tree-planting project that will increase forested areas. The manufacturing of organic products helps in improving the health of the population without releasing chemicals like other companies. Cannabis medicine will be environmentally friendly products which ensure there are reduced effects. The management system is planning to use degradable materials which will decompose after being thrown away as waste. The environmental conservation is the priority of the company through effective measures. For example, the company will be using solar energy to reduce the radiation effects of electricity in the environment.
Conclusion
In summary, Faith’s Cannabis is involved into an integrated planning process to ensure successful implementation. The use of new technology will help the company to create a competitive advantage in the market system. The social responsibility of the company plays an important role in promoting well being of stakeholders and community at large. Therefore, Faith’s Cannabis company will achieve its objectives when the above strategies are effectively implemented.