Green Team Overview Problem Product Market Summary Problem - - PowerPoint PPT Presentation

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Green Team Overview Problem Product Market Summary Problem - - PowerPoint PPT Presentation

Oil Filter Cleaner Green Team Overview Problem Product Market Summary Problem Product Market Summary 2 Stan s Dilemma Problem Problem Product Market Summary 3 Oil Filters and the Environment 1 62,000 Gal 8 oz


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SLIDE 1

Green Team

Oil Filter Cleaner

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SLIDE 2

Problem Product Market Summary

2

Overview

Problem Product Market Summary

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SLIDE 3

Problem Product Market Summary

3

Stan’s Dilemma

Problem

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SLIDE 4

Problem Product Market Summary

4

Oil Filters and the Environment

Problem

1

  • 8 oz

62,000 Gal

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SLIDE 5

Problem Product Market Summary

5

Oil Filters and the Environment

Problem

450,000,000 80% 255,000 2

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SLIDE 6

Problem Product Market Summary

6

Stan’s Dilemma

Problem

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SLIDE 7

Problem Product Market Summary

7

How Cyclos Works

Product

  • 1. Clamp
  • 2. Make Holes
  • 3. Spin
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SLIDE 8

Problem Product Market Summary

8

User Features

Product

Power and Hose Connections Indicator LEDs Front Cover Slides Off One Button Operation

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SLIDE 9

Problem Product Market Summary

9

Safety Features

Product

Emergency Stop Button Locking Door Door Killswitch

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SLIDE 10

Problem Product Market Summary

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Superior Performance

Product

Gravity Drain 50% 80%

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SLIDE 11

Problem Product Market Summary

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The Market

Market

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SLIDE 12

Problem Product Market Summary

12

Cost Filters Per Day <20 $100 Gravity Drain > 50 $1000

Crushers TurboSpin

$7000 $600 20 – 50

Competition

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SLIDE 13

Problem Product Market Summary

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Business Model

1000 machines/ year Manufacturing cost: $280 Selling price: $600 15% discount rate 30% ROI

Market

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SLIDE 14

Problem Product Market Summary

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Summary

Summary

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Problem Product Market Summary

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Thank you

Ray Magliozzi and Craig Lavalle of Good News Garage

  • Prof. Wallace
  • Prof. Vandiver

Matt Duplessie Bobby Dyer David Custer Ethan Crumlin Pappalardo Staff

Questions?

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SLIDE 16

Supplementary Materials

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SLIDE 17

Problem Product Market Summary

17

Environmental Impact

  • Over 450 million oil filters are manufactured each year

in the US.

  • 80% disposed of in landfills.
  • EPA requires that oil filters are 70% drained for

recycling

  • Wastes 25.5 million gallons of recyclable oil and 230

thousand tons of steel.

  • 8 oz of oil can contaminate 62,000 gallons of drinking

water, enough to fill a community swimming pool.

  • 42 gallons of crude oil to produce 2.5 quarts of

lubricant; 1 gallon of used oil to produce the same amount.

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SLIDE 18

Problem Product Market Summary

18

Why is the Cyclos more efficient?

  • Spinning around the

axis à Shorter distance for the oil to travel

  • Optimal hole locations

and puncturing method

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SLIDE 19

Problem Product Market Summary

Fast and Efficient Drainage

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Problem Product Market Summary

20

Punching Tests

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Problem Product Market Summary

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Manufacturing Cost: $280

Manufacturing costs based on production of 1000 machines a year – 10 year product life; 400,000 small to medium repair shops; 25% market share

Component Materials Processing Assembly Total PUNCHING 7.50 $ 0.45 $ 0.50 $ 8.45 $ GRIPPING/SPINNING 40.00 $ 11.00 $ 2.60 $ 53.60 $ STRUCTURE 54.53 $ 22.51 $ 18.61 $ 99.15 $ CONTROLS 27.75 $ 1.00 $ 1.20 $ 29.95 $ MISC 4.50 $ 5.00 $ 1.00 $ 10.50 $ Direct Costs 129.78 $ 39.96 $ 23.91 $ 201.65 $ Overhead 51.91 $ 15.98 $ 9.56 $ 80.66 $ Total Cost 181.69 $ 55.94 $ 33.47 $ 282.31 $ Cost

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SLIDE 22

Problem Product Market Summary

22

Benefits for Clients

  • Financial

– Lower filter pickup costs for non-hazardous material – Value of Oil

  • Environmental

– Reduce oil pollution – Recycle steel

  • Other

– Reduce disposal time – Avoid fines

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SLIDE 23

Problem Product Market Summary

23

Customers

  • Repair shop contacts

– Sullivan Tires and Good News Garage burn used oil for heat – Others have recycling companies that pick up used oil – This product would leave our garage less vulnerable to EPA fines for improper disposal of hazardous waster.

  • Ray Magliozzi, Good News Garage
  • Recycling center contacts:

– “Very cool machine.”

  • Peter Pasquier, Director of Waste Services, Marketing at Safety-Kleen

– “…there is a need for this product….to capture a higher percentage of the oil and do it quicker.”

  • Wayne, SaveThatStuff