CASOL SANITIZER Launch: A New Hand Sanitizer in Canadian Market

Purpose of Project

Hand hygiene is critical because airborne germ particles from coughing or sneezing can contaminate it fast. It's vital to stop the virus from spreading by utilising proper hand sanitization, especially in situations like pandemic outbreaks. The effectiveness of hand sanitization is entirely contingent on the use of proper hand disinfection agents, which come in a range of types and forms, such as antibacterial soaps, liquid, or alcohol-based hand sanitizers, and more. Because of its contagious nature, the COVID-19 pandemic has become a major global public health problem, prompting widespread usage of hand disinfectants. CASOL PHARMASEUTICALS Launching its new product in Canadian market which is a sanitizer “CASOL SANITIZER” which is an alcohol- based sanitizer.  Alcohol-based compositions with 75% per cent –95 per cent alcohol are the most adequate hand sanitizers because alcohol can disintegrate microbial proteins and has the capacity to neutralise viruses. 

1. Growing consumer awareness of healthy lifestyles and wellbeing, changing customer preferences towards efficient hygiene products, and increase in disposable income are all factors contributing to the growth of the hand sanitizer market in Canada. 

 

2. Launching its new product “CASOL SANITIZER” in Canada. All throughout projection period, the COVID-19 outbreak has driven demand for sanitizers as never before across a wide range of end-user categories in Canada.  

 

3. Obtained license from Canadian government for manufacturing sanitizer 

The current COVID-19 outbreak, which started in early 2020, has boosted the demand for hand sanitizer. Due to the global spread of the virus in a short period of time, demand for hand hygiene products has exceeded supply in both online and physical stores distribution channels worldwide. Consumers' awareness of the importance of frequent hand sanitising and cleaning methods has grown because of the outbreak, which is one of the major factors driving the market. CASOL will launch its sanitizer globally including countries like USA, China, and India.

1. Successful completion of the project will boost the market share of the company. 

 

2. Successful commencement of the project will help the business to bring revenue gain by the amount proposed.

 

3. The Hand Sanitizer Product by CASOL intend to attain pharmacological supervisory clearance before mass production of the Hand Sanitizer. 

 

4. The Hand Sanitizer Product by CASOL intend to meet all the ecological, health and safety standards required to Canada. 

 

5. Successful completion of this project will ensure to have mass manufacture by Q3 2022.

1. Project management plan documentations will be submitted during the completion of the project. 

 

2. Project execution management related documentations will be submitted during the completion of the project. 

 

3. Project close out related documentations will be submitted after completion of the project. 

 

4. Followings are the product deliverables of the Canada focused deliverables: 

 

5. The hand sanitizer prototype is presented and tested. 

 

6. The prototype for the manufacturing line production processes is developed. 

 

7. Pharmaceutical clearance is achieved. 

 

8. With maximum capability mass production with effective system capability is commenced successfully.

In the following section measurable objectives of the project to launch new Hand Sanitizer Product in Canada are mentioned: 

 

1. This project aims to have a mass production by the Q3 of 2022. 

 

2. The launch of the product is predictable to attain inclusive income of $23000000.

 

3. It is expected that the product will get medicinal device and pharmacological governing clearance by the Q1 of 2022.

 

4. In the following section additional success criteria of measure the success of the project to launch new Hand Sanitizer Product in Canada are mentioned: 

 

5. The product will occupy at least 5% of the Canadian market share. 

 

6. The product must address all quality standards of Canadian Government.

1. Any change in government regulation to affect project launch. 

 

2. Any additional requirement to support cultural changes of Canada.

During the post-pandemic era, the project is kicking off. Any changes to the law or policy may have a good or negative influence on this project. In the project Risk Management Plan, detailed risks and obstacles are identified. The following are examples of high-level threats:

 

1. Manufacturing facility may achieve maximum capacity owing to post-pandemic consequences.

 

2. Prototype product may not get regulatory approval on time.

 

3. Funding reductions are required because of post-pandemic effects.

 

4. Capital supply of raw materials may go low due to delay in receiving raw.

1. Raw materials would be sourced locally, within Canada

 

2. All the Canadian institutions, and the general public uses CASOL Hand sanitizer

 

3. The receptions/agents enforce the use of hand sanitizer, and CASOL product if available

 

4. Quality management plan is put in place while producing CASOL hand sanitizer

 

5. CASOL hand sanitizer passed Government regulations Quality Test