RADIO TAXI (ONLINE TAXI SERVICE)
[CODE NO.3205]
Radio Taxi is a great concept for comfortable travel and particularly for traveling long distances across the city as driving or taking the ordinary taxi is not a very good option.
Current State
The not very modern taxi company has asked you to develop a computer-based booking and planning system. At present, there is an operator receiving phone calls from customers. The customer can book a taxi for a future occasion. The operator registers such bookings in a schedule. The customer can also ask for a transport at soon as possible. The operator then makes a request by phone to a planner, who has radio communication with the taxi cars. The planner gives an estimated time it would take to reach the customer. If booking is acknowledged by the customers: ear fact customers Wright reserves many invoices and emers which pay directly to the taxi driver.
Future System
The company has sketched on the system they would like to have, The taxi cars should be equipped with a GPS unit which gives the position of the car at each moment. They should also contain a system which communicates with the central. At the central there would be a computer system which does the planning. This means the planner can be sacked and money can be saved. The operator takes a call from a customer, enters the date into the system and then reads off the produced information on the screen. Communication with the taxi cars should go via the distributed computer system and should involve the taxi drivers as little as possible. With this automation if should be possible for the company to grow and the system must allow several operators. It should also be prepared for a future development of a web interface, where the customer can book a taxi without the interaction of an operator.
COST ESTIMATION
Plant Capacity : 1100 Vehicles Radio Taxi
land & Building : Rented
Plant & Machinery : Rs. 12.25 Cr
Working Capital for 2 Months : Rs. 2.72 Cr
Total Capital Investment : Rs. 20.24 Cr
Rate of Return : 39%
Break Even Point : 49%
INTRODUCTION
CURRENT STATE
FUTURE SYSTEM
ACCOUNTING
PROVIDED FRAMEWORKS
KIND OF CARS USED IN RADIO TAXI
FINANCING RATES FOR VARIOUS CARS
QUOTATION OF CAR
TIMING OF OPERATION
MAINTENANCE EXPENSES
TYPE OF VEHICLE
GPRS SYSTEM INSTALLED IN CARS
COMMUNICATION
MESSAGING SERVICES
TAXES
EXTRA CHARGES PAID BY THE PASSENGER
FARE
PROJECT PROPOSAL ONLINE TAXI SERVICE
UNCOMMON TERMS:
REAL TIME BOOKINGS –
OBJECTIVES
PURPOSE OF DESIGN:
PROBLEMS AND ISSUES:
GENERATION OF DESIGN PROPOSALS
THERE ARE THREE MAIN DESIGN CONCEPTS/PROPOSALS:
DESIGN CRITERIA
PROJECT DETAILS
PROJECT MANAGEMENT
CONNECTION FROM USERS TO TAXI
MARKET POSITION
MARKET ANALYSIS OF INDIA RADIO TAXI SERVICES
GUIDELINES FOR ONLINE CAB AGGREGATORS
PERMIT CONDITIONS FOR ALL INDIA TOURIST TAXI
OVERVIEW OF RADIO TAXI IN KERALA
INSTANT HITS
HIGHER FARES
SCEPTICISM
GENERAL TAXI TARIFF
GENERAL TERMS & CONDITIONS
DAY PACKAGE T&C: (ONLY APPLICABLE FOR DAY PACKAGES)
PROCEDURE FOR TOURIST VEHICLE PERMIT
FOR NEW APPLICATIONS
FOR RENEWAL
FOR NEW APPLICATIONS
FOR RENEWAL
FOR NEW APPLICATION
FOR RENEWAL
VALIDITY
SERVICES OF RADIO TAXI
TRIPS & PACKAGES
FOR PACKAGE OPERATORS & AGENTS
AIRPORT SERVICE
TAXI PACKAGE DELIVERY SERVICE
BUSINESS MEETINGS & TRAVEL
RATE OF PERMIT SERVICES
FRESH/RENEWAL/TRANSFER/VARIATION/REPLACEMENT OF PERMIT
TEMPORARY PERMIT
SPECIAL PERMIT
SERVICE CHARGE FOR PERMIT SERVICES
A UNIQUE BUSINESS MODEL
TAXI SERVICE
BUSINESS PLAN
MISSION STATEMENT
BUSINESS ORIENTATION
MARKETING PLAN
DEMOGRAPHICS
CUSTOMER PROFILE
NEED FOR SERVICES
ECONOMIC FACTORS
COMPETITION
ATTRACTING CUSTOMERS
IMAGE
PRICING
CREDIT
CUSTOMER SERVICE
ADVERTISING
CUSTOMER LNCENTIVES
CUSTOMER LNCENTIVES
ADDITIONAL SOURCES OF REVENUE
OPERATIONS: ADVANTAGES OF TAXI BROKERING
OVERHEAD
CONTROLLING TURNOVER
SHIFTING OWNERSHIP BURDEN
BETTER DRIVERS RESULT
FEES MINIMIZED
ROTATING DISPATCH SYSTEM
HOW THE SYSTEM WORKS
STARTING OFF
WORKFORCE
SOCIAL GOOD
SOME OF THE RADIO TAXI COMPANIES IN INDIA
RADIO CABS WILL BE EURO-FIT: GOVT DEPT
SERVICE & SOLUTIONS
TELECOM SERVICES
SUPPLIERS OF GPS & GPRS SYSTEM & SOFTWARE
GPS TRACKING SOFTWARE DEVELOPMENT
VEHICLES USED FOR RADIO TAXI
RADIO TAXIS IN INDIA TO GO UP TO 174,000
EASYCABS LAUNCHES RADIO TAXI SERVICE
RADIO TAXI SIGNAL REACHES GURGAON, PRIVATE CABS SLASH RATES
WHAT IS A PERMIT
WHERE TO APPROACH FOR PERMIT
RENT-A-CAB PERMITS
APPENDIX – A:
1. COST OF PLANT ECONOMICS
2. LAND & BUILDING
3. PLANT AND MACHINERY
4. FIXED CAPITAL INVESTMENT
5. RAW MATERIAL
6. SALARY AND WAGES
7. UTILITIES AND OVERHEADS
8. TOTAL WORKING CAPITAL
9. COST OF PRODUCTION
10. PROFITABILITY ANALYSIS
11. BREAK EVEN POINT
12. RESOURCES OF FINANCE
13. INTEREST CHART
14. DEPRECIATION CHART
15. CASH FLOW STATEMENT
16. PROJECTED BALANCE SHEET
