Tire 2 Shoes Reclaiming Tires, Refashioning Shoes MEMBERS Userum bilal Msci19111212 Noor Ul Fajar Msci19111019 Memoona Shabir Msci19111083 Muhammad Moosa Msci19111183 Furqan Siraj Msci19111209 Asma Abdul Salam Msci19111050 Problem Statement Tires2Shoes is an innovative project that addresses the urgent issue of plastic pollution caused by discarded tires. We aim to repurpose worn-out tires into stylish and sustainable shoes, reducing plastic waste and promoting a circular economy. By transforming this environmental liability into a valuable resource, we divert tires from landfills and give materials a second life, reducing the demand for newly manufactured plastics and curbing their environmental impact. Together, let's create a cleaner and greener future. INTRODUCTION Tires2Shoes is a sustainable venture in Pakistan that repurposes discarded tires into eco-friendly footwear. By transforming waste into stylish and durable shoes, we contribute to reducing plastic pollution, promoting a circular economy, and creating employment opportunities in Rahim Yar Khan, Punjab. Our mission is to empower individuals to make a positive impact on the environment through responsible consumption and sustainable choices. Together, we can create a cleaner and greener future by turning discarded materials into valuable resources. Join us on this journey towards a more sustainable and stylish world. LOGO INTRODUCTION VISION At Tires2Shoes, our vision is to become a well-known and highly regarded eco-friendly shoes brand in Pakistan. We aspire to be recognized as a pioneer in sustainable footwear, making a significant impact on the environment and inspiring positive change in the fashion industry. MISSION Our mission is to significantly reduce plastic waste in Pakistan by repurposing used tires and other plastic materials into sustainable footwear, diverting them from landfills and minimizing their environmental impact. PRODUCTION PROCESS Raw Material Availability Sourcing Fabrics Locally Collaboration with Fabric Mills Upcycling Materials Local Waste Dumps and Donations Threads and Accessories Equipment Availability Tire Cutting Machine Autoclave Machine Rubber Grinders Molds Heaters and Coolers PRODUCTION PROCESS Sole Production Upper Part Production Sole Production Material Selection Tire Cutting Pattern Making Vulcanization Cutting and Assembly Shaping and Finishing Lasting and Attachment Tire Exclusive Products For specific products like sandals, slippers, or other designs where tires serve as the primary material, the production process is tailored accordingly. The tires are carefully shaped, cut, and modified to form the entire product, eliminating the need for additional materials. Skilled artisans craft straps, insoles, and other components using recycled tire materials, resulting in unique and sustainable footwear options. TOP LEVEL MANAGEMENT Board Of Directors Factory Manager SC Manager Finance Manager Marketing & Sales Manager HR manager MIDDLE LEVEL MANAGEMENT Production Supervisor Maintenance Technician Quality Officer Accounting Assistant PRODUCTS Formal Shoes Running Shoes Casual Shoes Sandals and Slippers Pakistani-style Footwear (e.g. Kheri) MARKETING STRATEGIES Promotional Strategies Collaborations with Social Media Influencers and Brands Engaging Social Media Presence Online Advertising Advertising Strategies Social Media Pages Online Marketing Traditional Marketing Influencer Marketing MARKET ANALYSIS The Pakistani footwear market holds significant growth potential, driven by a large population, rising disposable income, and evolving fashion trends. Consumers in Pakistan seek well-crafted shoes that offer comfort, durability, and style, while also showing an increasing preference for sustainable and socially responsible footwear. Distribution channels include physical retail stores, e-commerce platforms, and traditional markets. To succeed in this market, effective marketing and branding strategies are essential, emphasizing product quality, sustainability initiatives, and cultural values, along with collaborations with local influencers and celebrities to generate brand awareness and credibility. A multi-channel approach can help reach diverse consumer preferences and capture market share. COMPETITOR ANALYSIS In the Pakistani footwear market, we face competition from local manufacturers, mainly focused on traditional footwear production like kheris made from tires. However, our competitive advantage lies in our commitment to superior craftsmanship, high-quality materials, and innovative designs, including the incorporation of recycled tires into our footwear. By offering value-based pricing, we can position ourselves as an attractive choice for price-conscious consumers seeking superior and sustainable footwear. With the opportunity to introduce innovative designs and leverage digital marketing, we aim to establish a strong foothold in the market and differentiate ourselves from local competitors. SWOT ANALYSIS STRENGTHS • High-quality craftsmanship and sustainable materials • Unique and innovative designs • Value-based pricing and brand collaborations WEAKNESSES • New entrant with limited brand recognition • Limited market share and customer base • Challenges in scaling production and sourcing raw materials OPPORTUNITIES • Growing footwear market with rising disposable income • Increasing demand for sustainable products • E-commerce expansion and wider customer reach THREATS • Fluctuating raw material prices and availability • Economic and political instability • Counterfeit products and IP infringement PEST ANALYSIS POLITICAL FACTORS • Government regulations and policies affecting the footwear industry. • Political stability and business climate. ECONOMICAL FACTORS • Economic instability and consumer spending. • Currency exchange rates and material costs. SOCIOCULTURE FACTORS • Changing fashion trends and consumer preferences. • Cultural traditions and demand for sustainability. TECHNOLOGICAL FACTORS • Advancements in manufacturing technologies. • E-commerce and digital marketing opportunities. • Innovation in materials and processes. LEGAL STRUCTURE Registration Process Name Availability and Reservation Preparation of Documents Incorporation Fee Stamp Duty and Fee Legal Advisory and Professional Fees Bank Account Opening Tax Registration Category Amount (PKR) Expenses Raw Materials Cost 3,000,000 Labor Costs 1,500,000 Utility Bills 3,000,000 Transportation 1,000,000 Packaging 1,000,000 Marketing and Advertising 1,000,000 Construction Cost 5,000,000 Legal Cost 500,000 Total Expense 16,000,000 Assets STARTUP COST Current Assets Inventory 3,000,000 Cash in Hand 1,000,000 Furniture and Fixtures 2,000,000 Fixed Assets Property 7,000,000 Manufacturing Machineries Module 500,000 Tire Cutting Machine 1,000,000 Autoclave Machine 1,000,000 Rubber Grinders 1,000,000 Heaters and Coolers 1,500,000 Total Machinery Cost 5,000,000 Total Assets 18,000,000 Total Startup Cost Total Start-Cost 34,000,000 Liabilities Accounts Payable 0 INCOME STATEMENT BALANCE SHEET CASH FLOW STATEMENT CAPITAL BUDGETING TECNIQUES CONCLUSION Our shoe manufacturing company is well-positioned to capitalize on the growing opportunities in the Pakistani footwear market. We focus on high-quality craftsmanship, innovative designs, and sustainable practices to cater to diverse consumer preferences. Leveraging various distribution channels and marketing strategies, we aim to establish ourselves as a reliable and preferred footwear brand. Despite potential challenges, our strengths, such as unique designs and sustainable materials, will help us overcome obstacles and achieve success in the market. We are confident in our ability to become a leading player in the Pakistani footwear industry. THANK YOU