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?

Variations in volume, Variations in Volume, Variety and Flexibility - Opera...

Variations in Volume, Variety and Flexibility - Operations Function  A classification which is of particular significance for the various issues considered in this course, re

Explain what is risk, What is risk? How does risk differ from uncertainty? ...

What is risk? How does risk differ from uncertainty? How does it impact a business?

Describe the advantages of the various methods of data, Describe the advant...

Describe the advantages and disadvantages of the various methods of data collection.

Explain which option is more economical, A company is the logistics vendor ...

A company is the logistics vendor for B Company. B has daily shipments of a power-steering pump from its Ohio plant to an auto assembly line in Alabama. The value of the standard s

Explain the market testing stage of the new-product process, The market tes...

The market testing stage of the new-product process often involves test markets or purchase laboratories in which the dependent variable is consumer attitudes. price. adve

Explain the high physical demands of the job, The Dubuque Cement Company pa...

The Dubuque Cement Company packs 80-pound bags of concrete mix. Time-study data for the filling activity are shown in the following table. Because of the high physical demands of t

Case Study, Bloomsday Outfitters produces T-shirts for road races. They nee...

Bloomsday Outfitters produces T-shirts for road races. They need to acquire some new stamping machines to produce 30,000 good T-shirts per month. Their plant operates 200 hours per

Production efficiencies and reducing unit costs, A manufacturer concerned m...

A manufacturer concerned mainly with production efficiencies and reducing unit costs is known as Production oriented.

Explain quality metrics, A variety of organizational culture characteristic...

A variety of organizational culture characteristics make project success more likely. The characteristics include: A. Sufficient funding B. Feasible schedule C. Respect fo

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