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Project Name

The Magnolia CollectionChair

Designer/s

Pearson Bulmer (Unlicensed)

Project Deliverable

Design, develop & commercialize timber dining collectionchair

Start Date

Target Launch

Post Autumn 2023

Target Price Range

Comparative to Amara

Internal Resource Est.

0.25 - 0.5 FTE during design & dev Project length = 9 - 12 months

Project Budget

Exp. CAPEX Cost

Product Proposition

This is a new to world collection of timber chairs tables. The collection champions solid wood whilst still being visually light. Proportionally, The chair and table has been designed to have a small footprint so that they suit smaller apartments, which is currently a gap in our range. With the leather being the predominate feature, the Magnolia range will be pitched as a more prestigious chair then our current timber chairs.

Designed as a King interpretation of the classic leather chair, the magnolia balances comfort, style and durability.

  • Dining Table

  • 4 & 6 seater fixed

  • 4 to 6 and 6 to 8 extension table

    • Dining armchair

    • Dining chair


    Range Gap

    What gap in the range is this product addressing?


    Requirements for Success

    What is the target requirements to make this a successful project?

    Requirements

    Fills gap in range for small footprint dining

    More comfortable than a traditional sling chair

    It is stackable (two per box for shipping)

    It is relatively lightweight and strong construction

    Introduces a lighter timber into the collection e.g. American Oak

    Made with a new solid timber supplier (In Thailand?)


    Key Risks & Considerations

    What are the key risks involved in the project?

    e.g. manufacturing risks, design complications, bottlenecks in the timeline, commercialization risks, brand discrepancies

    Key Risks

    Mitigation plan (Concept refinement phase)

    Setting up new supplier relationship

    Creating cost-effective collection

    Ensuring strong an durable timber joints (testing required)

    Differentiating to reduce sales cannibalization

    Does there need to be compliance testing?


    Design, Develop & Test

    What Must be Designed?

    • The look of the chair

    • The materials

    • The timber palette

    What must be Developed?

    • Joints and construction

    • Patterns

    • New supplier relationship

    What must be tested?

    • Joint strength

    • Ergonomics

    • Supplier production


    Manufacturing Scope

    Manufactured In-house

    • Seat cushion

    • The leather pattern

    • Packaging?

    Procured Externally

    • Timber frame

    • Timber finishes

    • New supplier to be commissioned


    Resourcing Estimates

    Project Length

    P I

    r n

    o t

    j e

    e n

    c s

    t i

    t

    y

    Less than 3 months

    3 - 6 months

    6 - 9 months

    9 - 12 months

    12 months +

    High

    Designer = 1.0 FTE +

    Medium

    High

    Very High

    Very High

    Very High

    High-Med

    Designer = 0.75 - 1.0 FTE

    Medium

    High

    High

    Very High

    Very High

    Med

    Designer = 0.50 - 0.75 FTE

    Low

    Medium

    High

    High

    Very High

    Med-Low

    Designer = 0.25 - 0.50 FTE

    Low

    Low

    Medium

    Medium

    High

    Low

    Designer = 0 - 0.25 FTE

    Low

    Low

    Low

    Low

    Medium


    Initial Concept Ideation & Sketches


    360 Marketing

    • For marketing to complete

    • 360 Marketing plan


    Sustainability

    •How is this product going to hint towards the sustainable future KING strives for?


    Return on Investment