Assignment on
PATHAO
Name: AKIR UDDIN TANJID
ID: 17201179
Course ID: MGT 330
Course Title: Operations management
Course instructor: Dr. Engr. Rashid A.
Chowdhury
Date of Submission: 19/02/2020
Therefore, airlines
financial health is not
only deteriorate by
fuel price but also by
sales growth. GMG is
out of
Business means that
their performance is
not good at all.
Clearly, we can say
that operating
expenses are more
than operating
revenues but just
one year before
closing the
operations their
operating revenues
were
approximately in US
Dollar 48,707,999
and operating
expenses were
approximately in US
Dollar 30,853,401
thus net profit is in
US $ 17,854,598
(Information
Memorandum, GMG
Airlines, p 50).
Suddenly, what has
Happened within short
span of time? Several
vital symptoms were
existing in the
process. First one is
few
airbuses to handle
various international
routes therefore
frequent delays were
occurring.
Therefore, airlines
financial health is not
only deteriorate by
fuel price but also by
sales growth. GMG is
out of
business means that
their performance is
not good at all.
Clearly, we can say
that operating
expenses are more
than operating
revenues but just
one year before
closing the
operations their
operating revenues
were
approximately in US
Dollar 48,707,999
and operating
expenses were
approximately in US
Dollar 30,853,401
thus net profit is in
US $ 17,854,598
(Information
Memorandum, GMG
Airlines, p 50).
Suddenly, what has
happened within
short span of time?
Several vital
symptoms were
existing in the
process. First one is
few
airbuses to handle
various international
routes therefore
frequent delays were
occurring.
Therefore, airlines
financial health is not
only deteriorate by
fuel price but also by
sales growth. GMG is
out of
business means that
their performance is
not good at all.
Clearly, we can say
that operating
expenses are more
than operating
revenues but just
one year before
closing the
operations their
operating revenues
were
approximately in US
Dollar 48,707,999
and operating
expenses were
approximately in US
Dollar 30,853,401
thus net profit is in
US $ 17,854,598
(Information
Memorandum, GMG
Airlines, p 50).
Suddenly, what has
happened within
short span of time?
Several vital
symptoms were
existing in the
process. First one is
few
airbuses to handle
various international
routes therefore
frequent delays were
occurring.
Therefore, airlines
financial health is not
only deteriorate by
fuel price but also by
sales growth. GMG is
out of
business means that
their performance is
not good at all.
Clearly, we can say
that operating
expenses are more
than operating
revenues but just
one year before
closing the
operations their
operating revenues
were
approximately in US
Dollar 48,707,999
and operating
expenses were
approximately in US
Dollar 30,853,401
thus net profit is in
US $ 17,854,598
(Information
Memorandum, GMG
Airlines, p 50).
Suddenly, what has
happened within
short span of time?
Several vital
symptoms were
existing in the
process. First one is
few
airbuses to handle
various international
routes therefore
frequent delays were
occurring
Few airbus to handle
various international
routes
• Frequent delay
occurs.
• Less innovation for
service development.
• Fuel-guzzling
aircrafts
• Less brand image
and less skilled
marketing leaders.
• Lack of long-term
strategic directions
• Leasing aircrafts
thus operations cost
is
highINTRODUCTION: Overview
Letter of Transmittal
February 19, 2020
Dr. Engr. Rashid Ahmed Chowdhury
Associate Professor
CIU Business School
Dear Sir,
I am submitting the assignment on “Reason behind success of pathao which you
have asked us for the course Operations Management. In preparation of this
assignment I have followed your instructions and requirements regarding this
assignment.
Sincerely,
Akir Uddin Tanjid
Id: 17201179
OVERVIEW
On-demand digital platform and transportation network. Company
Started by Hussain M. Elius. and Shifat Adnan
Founded in October 9. 2015.
Pathao has ride-sharing services, food delivery, courier and E-commerce
logistics solution services.
Number of employees: 500
Pathao started its journey as a delivery service back in 2015 with its fleet
of motorcycles and bicycles
Later in 2016, Pathao started bike-sharing services on mid-2016
over 50,000 bikes registered in its platform and the company is valued
over $100 million as of April 2018
On September 2018, Pathao launched its services in Nepal
became the first major ride-sharing service and got certificate from
authorities
headquartered in Dhaka, Bangladesh
Why Successful
pent-up demand: pathao understood the need of Bangladesh. ride-
hailing and transportation problem. And pent-up demand for a service
which would save people time and energy
First comer: in Bangladesh There was no other ride sharing app and
parcel service so that they took the advantage
One App for All: Pathao provides many other services other than ride
sharing app such as: Parcel, Merchant Delivery, Food Delivery and
Pathao Pay.
Investors: Pathao currently has 5 investors in total along with 3 lead
investors from Series funding [Link] funding from Battery Road Digital
Holdings LLC
Going international: In 2018 Pathao entered Nepal Also it is looking
to expand its business in other Asian Countries in near future
Advertisement: they push there customer from the ground level and
addressed a need in the market. Competitors have 600 restaurants over
13 areas in Dhaka; They got down on the ground and enlisted over 3600
restaurants and in Chittagong 2,500 restaurants to start Pathao Foods.
Also thought about the affordability of people.
Reference:
[Link]
[Link]
[Link]
[Link]