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Magnolia Chair PID

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Project Name

The Magnolia Collection

Designer/s

Pearson Bulmer (Unlicensed)

Project Deliverable

Design, develop & commercialize timber dining collection

Start Date

Target Launch

Post Autumn 2023

Target Price Range

Comparative to Amara

Internal Resource Est.

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


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

  • No labels