Regal Marine's mission is to provide luxury performance boats to customers worldwide using a differentiation strategy focused on innovation, unique features, high quality, and value. Some of Regal Marine's strengths include innovation, quality, unique features, value, and model variety. However, it relies heavily on trained labor for design and assembly rather than an assembly line. While it has a large global distribution network, it faces threats from many competitors. Regal Marine's strategy focuses on delivering high quality, innovative products with value to customers through its global market presence and dealers.
strategic practices of the of Keells Food Product PLC Tharushika Ruwangi
I am pleased to present strategic practices of the of Keells Food Product PLC on behalf of the Strategic Management module. By studying this report you would be able to understand the strategies used in the Keells Food Product PLC and how effective it has established within the Keells Food Product PLC.
Case Corporate Excellence
Spain’s fast fashion retailer Zara and its owner Inditex Group have revolutionised the industry, Zara became one of the few Spanish brands recognised globally. But is it a socially responsible brand?
Implementing CSR means integrating social, labour and human rights concerns into the management of the company in such a way that the Company’s policies, strategies, procedures and business models are developed in line with these concerns. In the case of Zara, the CSR strategy should provide an answer to the following important question: what kind of society do we want to build and what is the role of companies in this society?
strategic practices of the of Keells Food Product PLC Tharushika Ruwangi
I am pleased to present strategic practices of the of Keells Food Product PLC on behalf of the Strategic Management module. By studying this report you would be able to understand the strategies used in the Keells Food Product PLC and how effective it has established within the Keells Food Product PLC.
Case Corporate Excellence
Spain’s fast fashion retailer Zara and its owner Inditex Group have revolutionised the industry, Zara became one of the few Spanish brands recognised globally. But is it a socially responsible brand?
Implementing CSR means integrating social, labour and human rights concerns into the management of the company in such a way that the Company’s policies, strategies, procedures and business models are developed in line with these concerns. In the case of Zara, the CSR strategy should provide an answer to the following important question: what kind of society do we want to build and what is the role of companies in this society?
Operations Management Processes and Supply Chains 12th Edition Krajewski Test...kalotogub
Full download : http://alibabadownload.com/product/operations-management-processes-and-supply-chains-12th-edition-krajewski-test-bank/
Operations Management Processes and Supply Chains 12th Edition Krajewski Test Bank
Comprehensive business plan for a sustainable food truck. I created this plan for my MBA in Sustainable Business. While the business never came to fruition, I hope it may inspire some of you to venture to start your own food truck business. Just make sure it is sustainable! :)
Win without fighting, create uncontested market space, create new demand, make competition irrelevant, align the whole system of firm's activities in pursuit of differentiation and low cost, four principles of blue ocean strategy, value innovation and comparison with red ocean strategy
Carnival Cruises Marketing plan and Business Case - Yolanda WilliamsYolanda Williams
by implementing and controlling the proposed fundamental marketing strategies and marketing mix strategies, Carnival will be able to achieve the stated objectives and maintain its leadership position in the multi-night vacation travel industry.
Zara is a Spanish brand of clothing founded by the visionary Amancio Gaona and Rosalina Mera at 1975. It is one of the major selling brands of one of the biggest fashion retailer ‘INDITEX’. Zara is now available in 86 countries with total of 1,763 stores worldwide. In 1975 INDITEX established Zara’s 1st store in downtown A Coruna, Spain. Zara offers fashionable designs for men, women, and kids.
Operations Management Processes and Supply Chains 12th Edition Krajewski Test...kalotogub
Full download : http://alibabadownload.com/product/operations-management-processes-and-supply-chains-12th-edition-krajewski-test-bank/
Operations Management Processes and Supply Chains 12th Edition Krajewski Test Bank
Comprehensive business plan for a sustainable food truck. I created this plan for my MBA in Sustainable Business. While the business never came to fruition, I hope it may inspire some of you to venture to start your own food truck business. Just make sure it is sustainable! :)
Win without fighting, create uncontested market space, create new demand, make competition irrelevant, align the whole system of firm's activities in pursuit of differentiation and low cost, four principles of blue ocean strategy, value innovation and comparison with red ocean strategy
Carnival Cruises Marketing plan and Business Case - Yolanda WilliamsYolanda Williams
by implementing and controlling the proposed fundamental marketing strategies and marketing mix strategies, Carnival will be able to achieve the stated objectives and maintain its leadership position in the multi-night vacation travel industry.
Zara is a Spanish brand of clothing founded by the visionary Amancio Gaona and Rosalina Mera at 1975. It is one of the major selling brands of one of the biggest fashion retailer ‘INDITEX’. Zara is now available in 86 countries with total of 1,763 stores worldwide. In 1975 INDITEX established Zara’s 1st store in downtown A Coruna, Spain. Zara offers fashionable designs for men, women, and kids.
Case study solutions
supply chain engineering
MBA
Warehouse planning
Inventory Planning
Location Planning
Production capacity planning
Procurement and order fulfillment
UC STRATEGY team interacted extensively with members from operating companies to gain
a wholistic understanding of business and its requirements. UC Strategy conducted ~45 interviews with customers and competition.
Increase production through improved spare parts availabilityIMAFS
Robert Lamarre, President of IMAFS and GCRL was proud to present a conference August 18th at the 2013 World Mining Congress in Montreal. More than 1,500 delegates from around the globe participed to this event.
2. Question 1:
State Regal Marine’s mission in your own words.
Regal Marine’s Mission is to provide luxury performance boats to customers world wide
using the strategy of differentiation.
It seeks to attain this mission by using the following criteria in it’s differentiation:
1. constant innovation
2. unique features
3. high quality.
4. Value – this was mentioned in the video case.
5. Wide and different models – this was mentioned in the video case.
Question 2:
Identify the strengths, weaknesses and opportunities, and strategy that are relevant to
regal marine.
Strengths Weaknesses
1. Innovation
2. High Quality
3. Unique Features
4. High Value
5. Different Models
6. Synergy and partnerships with
other boat manufacturers
1. Don’t have assembly line.
2. Relies on trained labor to handle
design and assembly.
3. Labor force in Florida (They can
outsource this to low cost countries)
Opportunities Threats
1. Large distribution channel across
world
2. Increase market size thru finding
comptent and effective dealers in
the world.
3. Increased boat sales reduced
luxury tax.
1. Many competitors
3. Question 3:
How do you define Regal Marine’s Strategy?
Regal Marine obviously focuses on high quality, innovation in it’s design, features etc.
and the value it delivers to it’s clients. Moreover, I think Regal Marine’s effectiveness is
that it has a global presence which a far reching market share led by effective dealers.
Question 4:
How would each of the 10 operation’s management decisions apply to operations
decision making at Regal Marine?
Using the book’s 10 decisions criteria for OM I have listed below what I believe are
necessary for regal marine’s success.
1. Product – The product must be innovative such that they will introduce a feature that
no one has ever thought of.This requires heavy out of the box thinking. Morever, other
than innovation, they should make sure that the product lives up to the mission of regal
Marine that provides high quality and value to the customer. However, I believe that no
matter how good a product is, I believe it must be market well to succeed.
2. Qualtiy – I used this criteria because this is part of the mission of regal marine. It’s
focus is to build high quality product that gives value to it’s customers.
3. Process selection and Design – I believe Regal Marine’s process in terms of how it
manufacture it’s boat needs to be more efficient. For instance, it should try to lessen it’s
dependence on labor and become more assembly line intensive. There are benefits using
repetitive processses that are proven to have increase productivity in terms of products
through historical data.
4. Inventory – Based on the video, regal marine has a huge inventory of boats, they should
adopt and efficient order basis assembly line like the one used by Toyota. They should
adopt a more efficient ordering system and use the kaizen concept. The inventory needs
a lean process of doing fast assembly on an order basis. It must however stock on the
parts necessary to forecast the demand of boats per month.as delays could also be costly.
4. 5. Human Resources – I have noticed in the video and large of my criticism is that the
assembly of hulls are done manually through labor. I believe that this should be
automated to also prevent any health issues with it’s laborers.
6. Scheduling – It was not stated in the case on how scheduling is done. However, my
suggestion attention must be given to a proper demand forecast to plan the production
times of the boats. They should also know what season is peak when ordering comes so
as to have a capacity plan of labor to avoid delays. Scheduling is important based on
peak seasons.
7. Supply chain management – It is wise that Regal marine has established partnership
with part suppliers. This way they can diversify the design of their boats based on the
selection of vendor’s parts they can choose from. This is one of the strengths I have listed.
8. Maintenance – I listed maintenace because plant capacity and product quality depends
on well functioning facilities.
9. Location – I believe the location in Florida is good per se for selling but not for
manufacturing. Regal should keep it’s brains on Florida but should have plans to
outsource to cheaper labor if it plans to stay competitive.
10. Layout – The layout of regal marine seems in the video to be well organized and clean
based on the video. This is important because great organization is efficiency in itself and
has won many battles before it began.