Preview

Lowe's Life Cycle Process

Good Essays
Open Document
Open Document
827 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Lowe's Life Cycle Process
My new service involves several processes ranging from the delivery system, installation department and installers, and product availability. Overall the goal is to increase the net sales of the installation process due to the untapped potential of this area of service. Lowe’s must stand out from the competitors if they wish to take more of this business. Getting the sale on more installations means more sales in product too. For stores that area already established this process will take some times as opposed to a brand-new store opening. The new stores will walk into this process while current ones will be trying to retrain and recreate from an already established process. The life cycle could take up to 2 full months for the full transition to be in place and running smoothly. The first step in the life cycle process would be determining what all of the current struggles are with the installation process. This could …show more content…
This could involve lack of communication, improper techniques, and overall customer service

You May Also Find These Documents Helpful

  • Good Essays

    Gcse Diary Entry

    • 1378 Words
    • 6 Pages

    The whole building process took about 3 months. There were over 10 restaurants and I had my own house. There was an airport for guests to arrive in. We were still planning all of the costs for customers.…

    • 1378 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Comfort

    • 2582 Words
    • 32 Pages

    addition of sales outlets to expand its market area and broadening of its product line, Comfort…

    • 2582 Words
    • 32 Pages
    Powerful Essays
  • Good Essays

    John Lowe Case Study

    • 1089 Words
    • 5 Pages

    Whether the trial court wrong or not depends on whether the defendant owed a duty to the plaintiff’s injuries or breathed his duty to not to increase the inherent risk of the game.…

    • 1089 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    If Lowe’s wishes to stay competitive with Ace’s international market they would have no choice but to enter the Australian market and move forward with the new 150 stores. Ace is known for having a market based on the consumers understanding and approval of their products and services. If Lowes wants to compete they will need to persuade the consumers they care about their understanding and use of the products as well. Having the new stores will spread consumer awareness and offer a better chance at expanding the customer base.…

    • 840 Words
    • 7 Pages
    Satisfactory Essays
  • Good Essays

    Midas can implement a new service that will help them gain a competitive advantage. However, adding a new service such as a tune-up will have an effect on how Midas is currently operating their business. By adding a tune-up service, it can have an impact on operating efficiencies such as delivering quality services for lower prices, implementing more services at multiple shops, providing special tools for specific jobs, allowing employees to receive cross-training to perform various work procedures, and increasing employees skill levels for becoming experts (Vonderembse & White, 2013). Midas will face challenges of providing inventory storage for storing fuel filter, specific tools, condenser, spark plug, and points, which is needed for tune-up service. Midas can mitigate challenges associated with customer service operations once they decide to initiate a process for operating efficiently. Midas can minimize the negative impacts by interviewing, hiring, and training new employees to operate new services that would be added to existing services,…

    • 1117 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Unit 7 M2

    • 2288 Words
    • 10 Pages

    By this it will increase the reputation of the business and it will also increase the profit. They will also get more customers every time. This can only happen if the sales people are given training about the product knowledge.…

    • 2288 Words
    • 10 Pages
    Good Essays
  • Powerful Essays

    Companies’ Solvency, Liquidity, And Profitability Based On Current Ratio, Return On Sales, Earnings Per Share (EPS), Debt Ratio, And Price Earnings Ratio, Compared With Industry Standards…

    • 5515 Words
    • 23 Pages
    Powerful Essays
  • Good Essays

    Evergreen’s desired outcomes are to improve customer satisfaction by delivering its orders on time, reduce inventories, reduce employee overtime expense and determine if the shop floor manager should be replaced. The company needs to improve its demand planning responsiveness to better serve customer needs. By improving its process and capabilities as they relate to orders, the desired results will be realized.…

    • 629 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Lowe's Research Paper

    • 5203 Words
    • 21 Pages

    • Present 5 years of statements – Ratio – Trend Analysis – See if ratios are improving…

    • 5203 Words
    • 21 Pages
    Powerful Essays
  • Powerful Essays

    Home Depot Mission Statement

    • 4262 Words
    • 18 Pages

    Many customers are not qualified professionals to take on home renovation projects. Home Depot Home Services offers professional help to such customers to professionally complete their project. These include the installation of windows to water heaters, floors to roofs, kitchen cabinets to vinyl siding, and fencing to landscaping. While the Home Depot Home Services program can provide support to the unprofessional customers, it also extends its helping hand towards the professional customers with special services and support to enhance their success through the Serving the Pro Customer initiative. “These customers have access to loyalty programs, a pro bid room to handle large customer orders with volume discounts, direct ship programs, credit programs and other specialty sales initiatives”.(Home Depot…

    • 4262 Words
    • 18 Pages
    Powerful Essays
  • Powerful Essays

    Businesses such as Lowe’s Inc. rely on the “capital budget process” or that which is referred to as “strategic planning” (Keown, et al. 2005). The Chief Executive Officer is the corporate officer who is usually responsible for administering corporate strategic planning, financial planning or the company’s cash flow (Keown, et al., 2005). Part of the strategy of Lowe’s Inc. being a successful business, considering the current economic downturn is the company’s belief that the “key to success in difficult economic times is a focus on what you can control” (Lowe’s 2008). The company’s pledge includes the ideology that “regardless of the expansion or contraction of the industry, Lowe’s will continue to work diligently to drive sales and capture profitable market share (Lowe’s Inc., 2008.)” The company further acknowledges that the economic recovery is contingent unknown factors therefore the plans that the company will implement to build the business will be conservative. Lowe’s capital budgeting process includes review of (1) Merchandising Strategy (2) Merchandise Selection (3) Marketing and Advertising (4) Real Estate Approach (5) New Stores and (6) New Formants.…

    • 1120 Words
    • 5 Pages
    Powerful 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
  • Powerful Essays

    Home-Depot provides products to millions of customers each daily throughout the globe. They ensure that their products are either what customers are looking for as well as what competitors do not have. Home Depot wants to obtain improved technology, partnerships, and what they consider “open books” from their carriers. According, to Wayne Gibson and Bret Rudeseal of The Home Depot, they stated at the Traffic World Strategic Technology Conference that everyone ask for help. They believe what do when Home Depot just like many other companies worry about what they should do if the company grows to more than double their size in a few year period. Gibson also stated, "We are growing rapidly and that growth is really challenging the way we do logistics and "We need partners-both vendor and service suppliers, and we have got to be better at a whole bunch…

    • 1337 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Dudley Sales Network is the apparatus that will permit to grow faster in more places around the nation, enabling less demanding access for clients to our full line of products.…

    • 212 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    Life Cycle Assessment

    • 3593 Words
    • 15 Pages

    Abstract This paper discusses the question “Does LCA lead to environmental benefits along the product chain in German industry?” Two of eight case studies conducted and the insights gained are presented. Afterwards, the essential determinants that have an obvious influence on the application of LCA in a negative or positive way are elaborated on. They can be assigned to different categories, such as information, economic aspects, or organisational issues. The paper concludes that the environmental benefits that may occur are strongly dependent on the pattern of application, i.e. the objective in carrying out an LCA study, and the number and interests of the personnel involved along the chain. Finally, the authors give a few recommendations as to a more effective use of this instrument © 1998 Elsevier Science Ltd. All rights reserved.…

    • 3593 Words
    • 15 Pages
    Powerful Essays