How to be market leader in an industry?, Operation Management

Assignment Help:

If a company needs to maintain market position as a leader in its segment and to increase the same in future, the company is carrying out few initiatives like

  • Innovation activities for new products. In technology front, the company has set up R&D facility with a dedicated team of 30 engineers, which would help in the new product initiative.
  • Investment of around Rs. 5-6 crore p.a. on IT applications to improve operations. This same has been outsourced to TCS.
  • Use of six sigma and digitization for operational excellence.
  • As part of enhancing customer relation management, call centre and online connectivity has been launched.

 

 


Related Discussions:- How to be market leader in an industry?

Explain simple to state and very difficult to execute, The Assignment is at...

The Assignment is at the same time very simple to state and very difficult to execute. It is designed to allow you to use all the tools of strategy and analysis that you have learn

Determine the effect of facility layout of an organisation, What effect doe...

What effect does your organisation's facility layout have on the following (where appropriate): inter-process movement; health & safety; congestion; resource utilisation; work-in-p

Explain mental and physical skills, When selecting members for a team, cert...

When selecting members for a team, certain skills are very important. These skills are best described as: a. Technical skills and interpersonal skills b. Analytical and intuitive s

Explain sells radio frequency inventory, National Scan, Inc., sells radio f...

National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: Month Sales (000)Units Feb. 19 Mar. 18 Apr. 10 May. 21 Jun. 16 Ju

Explain build the pilot project and then make a decision, Dan Reid, chief e...

Dan Reid, chief engineer at New Hampshire Chemical, Inc., has to decide whether to build a new state-of-art processing facility. If the new facility works, the company y could real

Describe a metaheuristic of your choosing to your grandma, Because of the c...

Because of the complexity of scheduling problems, we discussed that met heuristics are a common approach to solving scheduling problems in practice. a. Create a visual graphic

Explain the market is nonexpendable, A company's sales potential would be e...

A company's sales potential would be equal to market potential when which situations exists? a. Industry marketing expenditures approach infinity for a given marketing env

Explain acceptability and vulnerability, Describe the four options highligh...

Describe the four options highlighted in the case in terms of their feasibility, acceptability and vulnerability.

Compute the aggregate production rate, The BackPack Company produces a line...

The BackPack Company produces a line of backpacks. The manager, Jill Nicholas, has decided that the BackPack Company must have very good customer service. She has asked you to d

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd