Preview

Strategy Business game ServiceSim

Satisfactory Essays
Open Document
Open Document
322 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Strategy Business game ServiceSim
Business GameServiceSim: Strategy
During the month of January, Downtown Motors faced several problems. They had too much inventory, customer complaints, overtime, cost of emergency orders, … Keeping that in mind as service managers, we came up with following strategy to create a sustainable business.
High quality and service at correct price
Our customers will become our top priority. We already have a quite high customer satisfaction level but we would like to raise it up to at least 90 percent. By optimizing our internal processes and work schedule – hiring & training technicians at the right time - we hope to see the waiting time for our customers reduced.
Satisfaction and motivation of our staff
First of all we are going to hire technicians and let them get used to the firm. We will offer them training programs to improve their skills and efficiency. To keep the employees satisfied and motivated they will be paid wages that are higher than the market rate. By doing so we hope to create a longterm relationship. Also, we will invest in adequate equipment like alignment rack, express oil change, ... When it comes to overtime, we will try to minimize the hours after 5pm. Nonetheless we realize that in peak periods overtime is inevitable.
Inventory
We will adjust our inventory schedule to the seasonal effects. Because of the unpredictability of the sales, emergency purchases will be inevitable. Nevertheless, we will try to minimize them. This will reduce our storage costs.
Promotion & Advertising
Our two main activities are ‘Customer Pay Repair Orders’ and ‘Wholesale’. We will base our advertising campaign on these pillars.
Pricing
Annually, we will increase our price slowly to build up quality and image in a hope to maintain customer loyalty.
With this strategy we hope to achieve a cumulative profit curve and a gross increase of 5-10%. When we talk about service, we want to increase our service satisfaction rate to at least 90%.

You May Also Find These Documents Helpful

  • Powerful Essays

    The intent of this proposal is to provide a recommendation on how the company can increase revenue, achieve ultimate production levels, determine how fixed and variable costs can be adjusted to maximize profits, suggest a mix of pricing and non-pricing strategies, and create barriers to entry into the market if possible. This proposal will also look into ways on how the company can increase product differentiation, and if there is other means to minimize the cost for the product.…

    • 1404 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    A1 Steak Sauce

    • 1353 Words
    • 7 Pages

    Given this new insight, our focus is how we attain our desired operating profit increase of 55 million, in spite of competitive pressures.…

    • 1353 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    To increasing our store profit through investing in the quality of our customers’ experience to drive differentiation and competitive advantage, unit growth, driving operating leverage and deploying our excess capital in high-ROI investments positions us well to continue to deliver our targeted long-term EPS growth rate of 15% - 20% annually.…

    • 689 Words
    • 3 Pages
    Powerful Essays
  • Good Essays

    Unit 206 Business Admin

    • 1021 Words
    • 5 Pages

    Although it is our goal to be the best and not necessarily the biggest or the most profitable, our success at satisfying customers and motivating employees will bring growth and long-term profitability.…

    • 1021 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Midas shops provide total car care includes tires, brakes, batteries, oil changes, air conditioning, and an array of vehicle maintenance services by ASE-certified technicians (Midas International Corporation, 2014). Midas is a well-known company that customers use to take care of his or her automotive needs. The objective of this paper is to answer four question pertaining to the Midas case study in Chapter 2 of the textbook. These questions will discuss anticipated impacts on operating efficiencies, recommend solutions to minimize the negative impacts, operating practices to accommodate tune-ups, reasons why input should be gathered from the shop owners, the type of input that should be gathered, and the processes and steps needed to launch this new program.…

    • 1117 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    #6: Bloodshed in Aleppo The article, “ From Aleppo, tales of hardship and bloodshed. ‘Civilization is gone.’” written by Molly Hennessy-Fiske talks about the hardships of living in present day Aleppo, Syria. To begin with, Syria has been in a civil war for over five years now and the people still stay in the country. The war has been deadly but the people are still strong and are not willing to leave.…

    • 265 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Ll Bean

    • 1053 Words
    • 5 Pages

    Currently, the business is acquiring greater sales due to its customer acquisition program combined with other marketing efforts (i.e. increase in catalogue circulation, more advertisements). As well, the company is utilizing new technologies to improve its inventory system, its data processing programs, and its order system. This allows the company to provide customers with accurate and efficient services. Furthermore, the company provides its employees with many attractive benefits,…

    • 1053 Words
    • 5 Pages
    Good Essays
  • Better Essays

    DEERE AND COMPANY CASE

    • 1058 Words
    • 4 Pages

    1. How can the company achieve its goal, which is to gain $50 billion in mid-cycle sales by 2018 and 12% mid-cycle operating margins by 2014?;…

    • 1058 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    With continuous improvement , the business is increasing at a steady rate. The firm’s goal was…

    • 11857 Words
    • 34 Pages
    Powerful Essays
  • Good Essays

    “We’re evolving our strategy to further simplify today’s experience and meet the needs of tomorrow.”…

    • 901 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    This was the first decision within this game , we tried to maintain the expected values of the investors and we succeeded in achieving good values within the performance objectives , advertisement and Rebate offer were considered as competitive strength for the 3 Market segments ( wholesale , private label and internet sales ) and the S/Q rating is considered to be competitive weakness within the 3 market segments , so we have to concentrate more in improving the S/Q rating in the coming year decisions .…

    • 291 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Six Basic Strategy

    • 306 Words
    • 2 Pages

    • Production: We will grow capacity to meet the demand that we generate, avoiding second shift/overtime when possible. After our products are well positioned, we will investigate modest increases in automation levels to improve margins, but never at the expense of our ability to reposition products and keep up with segments as they move across the perceptual map.…

    • 306 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Business Strategy

    • 987 Words
    • 3 Pages

    1. How strong are the competitive forces confronting Under Armour, Nike, and The adidas Group? Provide a five-forces analysis to support your answer.…

    • 987 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    When working in a childcare setting it is often inevitable to come across confidential information about children and families you are working with. Confidential information is personal information, which should not be shared with unauthorised person or organisations. It also means a childminder should never discuss a child with a friend or other parents.…

    • 483 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Business Strategy

    • 4891 Words
    • 20 Pages

    Strategic Management, what is this? It is that set of managerial decisions and actions that determines the long-run performance of a corporation. It includes environmental scanning, strategy formulation and implementation, and evolution and control. The study of Strategic Management helps us to monitoring and evaluating the opportunities and threats of a company’s strengths and weaknesses.…

    • 4891 Words
    • 20 Pages
    Powerful Essays