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 New product strategy. Select and describe the process suitable strategy for the product and service Process Analysis and Design Questions.

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Presentation on theme: " New product strategy. Select and describe the process suitable strategy for the product and service Process Analysis and Design Questions."— Presentation transcript:

1  New product strategy

2 Select and describe the process suitable strategy for the product and service Process Analysis and Design Questions

3 Process focused strategy New category of cars- pickup Low volume High variety(of available cars)

4 Advantages Highier variety of products available potentially wide application(pickups can be used to carring many kinds of cargos) Lower costs for clients(to carry bigger cargos)

5 Disadvantages Highier capital investment(pickups are usually more expensive than other types of cars that Goldcar offers)

6 Is the process designed to achieve competitive advantage in terms of differentiation, response, or low cost? Differentiation – because most of competitors don't have such a category of cars Does the process eliminate steps that do not add value? Yes, process is focused on adding value(in this case- highier variety)

7 Does the process maximize customer value as perceived by the customer? Yes – high variety of available cars, lower costs of carring cargos Will the process win orders? Yes, provided that chosen strategy was correct.


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