Nark Enterprise (Smart SC) / Abang Mohd Shafiq Abang Khalit ... [et al.]

• Main Authors: Abang Khalit, Abang Mohd Shafiq, Hamzah, Mohd Amirul Ikhmal, Mohd Yusni, Muhammad Najmi, Khalidan, Ahmad Khairi
• Format: Entrepreneurship Project
• Language: English
• Published: 2017
• Subjects: HB Economic Theory. Demography; Entrepreneurship. Risk and uncertainty; Planning. Business planning. Strategic planning; Marketing
• Online Access: https://ir.uitm.edu.my/id/eprint/57651/1/57651.pdf; https://ir.uitm.edu.my/id/eprint/57651/
• Institution: Universiti Teknologi Mara

Our company name is Nark Enterprise and this business focuses on new innovation of technology which is Smart Trolley. We are planning to set up the business office and warehouse at Jalan Perusahaan, Pendamaran, Port Klang 420A0. A partnership company consist of four owners, with a total of capital contribution od RM110,00. The four owners in the company act with a different role which is General and Administrative manager is to plan, implement and control the overall management of the business, Marketing manager is to promote the business organization and product to the customer as well as to identify the target market of customer, Operational manager is to make sure the company is running as well as possible, with a smooth and efficient service that meets the expectation of the customers and clients and Financial manager is to manage the transaction to the customer. We decide to open up this business is to make sure our innovation product which is the Smart Shopping Cart manage to get through into the market of a few selected shopping stores in the Klang Valley. Our product is the innovation of a shopping trolley installed with electronic components such as RFID Scanner, Digital screen and a software installed into the electronic components in order to scan every item that are put inside the trolley with the total price appeared on screen. At cashier, the WIFI technology is used and the cashier will know straight away the total price of the items inside the trolley without the need to take them out. This will give lot of time and cut the long queues. We see this as an opportunity to get this product in the Malaysia market as we are the first company to produce this technology in Malaysia. With this product, the shopping mart can reduce the labour cost of the company as a few cashiers only needed. This will also give the customer in the mart a whole new experience as they dont have to wait for a long queue at the casher the price appeared to the screen will keep the customer on budget every time they shop.