[ABC] is a food products manufacturing company that deals with the production of a wide variety of eatable items. All these products serve as the ready-to-cook meal and can be prepared in a matter of minutes. They can either be prepared on a stove or in a microwave. These products have gained immense importance over a short period of time because they provide ease of preparing meals rapidly.
The food products manufacturing industry has generated enormous revenue because they facilitate the working class of the society and saves them the trouble of buying groceries, peeling, cutting, or cooking hence, their stardom.
All the products manufactured by a company are reviewed by a board of reviewers. After approval, they pass through the production line and are then packaged to ship off to different destinations. I joined the company due to my interest in the field and worked hard to make it to the status of a manager.
I work in the packaging department and supervise the entire process to avoid any inconvenience. Packaging materials are provided by another company and are filled in the packaging line to wrap the food.
Over the years, I have learned a lot about the food manufacturing industry and almost every small process of a huge production line and can be used to gain profit. I came up with the idea of setting up a packaging business as it has enormous scope and can never face recession. I have designed a proposal of my setup and attached it with the following letter to seek your approval.
[X] at ABC Company
Food packaging is the process of packing food in suitable packing material to provide protection against tampering, fouling, and any other physical or chemical action. In the food industry, packaging businesses are growing exponentially as more and more people are becoming aware of the importance of storing their food properly so that it can be consumed later. Proper storage of food requires sealing and safety of the food and packaging serves the purpose.
Many renowned brands outsource the project of packaging as it provides customized packing to their products. Customized packing allows the products to stand out in the pool of products in a supermarket. This packing attracts customers and hence increases sales. It is important to target specific brands or specific products for setting up a packaging business.
There are different types of packing materials depending on the products. It is important to understand the gap in the market so that the business can run smoothly. Some products require cheap packing material and can be packed easily but their market is limited, which will lead to a lot of financial losses.
While devising a proposal for my business setup, I kept in mind all the factors that will help in the overall growth of the business as well as provide back to the community in a good manner.
There are a lot of factors that should be considered thoroughly before setting up the business. Some of these factors include should be considered while selecting products for the business,
There are different types of packaging material that are used based on the food product that is being packed. Some of the types are mentioned below,
A wrong decision can lead to severe financial losses. Following objectives can be followed for setting up the business,
There are no hard and fast rules to achieve success rather it is a slow process that requires continuous efforts and improvements. Some of the key points that can be followed include,
Every business requires a specific skillset to make it work. Skills may vary from business to business but learned skills can always come handy. Some of these skills are mentioned below,