Preview

Why Is Midas Successful

Good Essays
Open Document
Open Document
476 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Why Is Midas Successful
Qualifiers: Midas's qualifiers include: (1) Speed; (2) Specialisation of services; (3) Price; (4) Trust/Reliability; (5) Quality parts; (6) Customer service; (7) Guarantee; and (8) Location.

Winners: From the customer's perspective the winners which ensures they utilise Midas are Speed and Price.

In order to assess the anticipated impacts of the introduction of maintenance services on the existing business process it is necessary to analyse the potential fit of the new business with the existing areas. This analysis will indicate whether or not the process can be effectively integrated within the existing production process without jeopardising the company's existing winning qualifiers.

Potential negative impacts

• Need to

You May Also Find These Documents Helpful

  • Satisfactory Essays

    1) Rolled steel is a commoditized product. Commoditized products are extremely difficult to differentiate and distinguish (in terms of marketing and sales methods) from your competitor’s products. Pick only one of the following strategic dimensions and thoroughly explain why you would use it to differentiate your product:…

    • 312 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Performance Segment has Reliability, Mean Time before Failure (MTBF) as the most important customer buying criteria at 43% and Ideal Positioning at 29%.…

    • 1771 Words
    • 8 Pages
    Better Essays
  • Good Essays

    Inf336

    • 607 Words
    • 3 Pages

    It is critical for any organization or business to seriously analyze and implement maintenance, repair and operations (MRO) goods and services that will help the company achieve it organizational goals. Johnson, Leenders, & Flynn (2010) explain "Identifying and streamlining key business processes to reduce costs, grow revenues, and manage assets represents an opportunity in most organizations" (p. 77). This is important when applying the concept to maintenance, repair and operations (MRO) goods and services for any company or organization. Scott Singer (as cited in Avery, 2009) tells us "You want a superior unit price, a fair and reasonable mark up and a fulfillment model that provides the service you need" (line 3). With the advent of the globalization of world markets, companies have been forced to transform their strategic plan to accommodate these new emerging markets and competitors around the globe. This has forced companies to direct their efforts to create a strategic plan for taking care of their maintenance, repair and operations (MRO) goods and services associated to the sourcing strategy.…

    • 607 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Palliser Furniture

    • 764 Words
    • 4 Pages

    In 1944, A.A.DeFehr began creating household furniture from his woodworking shop in the basement of his home. This solo operation soon turned into a booming business with expansion opportunities, but also encountered challenges along the way. In 1964, this one man business, turned into DeFehr Manufacturing Ltd (DML), consisting of 50 employees working out of a 45,000 square foot building. The firm’s sales and annual revenue continued to grow between the 1960’s – 1970’s, with 20% of the sales coming from exports to the United States (U.S.). However, in 1975 they had to withdraw from exporting to the US due to the rising Canadian (CDN): US ratio.…

    • 764 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Change and Services

    • 318 Words
    • 2 Pages

    In a business environment nothing stays the same and therefore it is likely that there will be continual review of the working methods, products or services to ensure that they are still suitable and efficient.…

    • 318 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Business processes comprise a set of sequential sub-processes or tasks, with alternative paths depending on certain conditions as applicable, performed to achieve a given objective or produce given outputs. Each process has one or more needed inputs. The inputs and outputs may be received from, or sent to other business processes, other organizational units, or internal or external stakeholders. Business processes are designed to be operated by one or more business functional units, and emphasize the importance of the “process chain” rather than the individual units.…

    • 1063 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    When it comes to processes and activities, there are wide differences between a service-based organisation and a manufacturing environment. In the production line of a factory like Ford where we are mostly dealing with materials transformation, processes are as follows:…

    • 2971 Words
    • 12 Pages
    Powerful Essays
  • Better Essays

    In 1991 through mergers and acquisitions Modern Materials, Inc. was established. They manufacture product that are used as raw materials by large manufacturing companies and the construction industry. After the merger in 1994 in an effort to retain both Information Services they outsourced the department to STC. Woodson was hired in 1995 to help improve the company competitive position and profitability. His plan was to improve customer service by improving the supply chain management. This case study looks at the problems faced by Modern Materials, Inc. in automating their business processes.…

    • 1066 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Research Analyst

    • 3633 Words
    • 15 Pages

    • delivery on time and within budget • ability to meet whatever service-level agreements are in place (new this year). Lastly, we asked respondents: If you had a choice, would you continue to work with this vendor? For the purposes of this report, results in each…

    • 3633 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    Business

    • 653 Words
    • 3 Pages

    7. Business and process reengineering to streamline a business, followed by several new business technologies to support the new business model…

    • 653 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Business Case Analysis

    • 3544 Words
    • 15 Pages

    A business case is a tool used to manage business process improvement activities from inception through implementation. A business case is a document that identifies functional alternatives and presents economical and technical arguments for carrying out alternatives over the life-cycle to achieve stated business objectives or imperatives. Each business case will look different depending on its application. However, essential ingredients remain constant. Essential ingredients include functional process descriptions, technical architecture descriptions, cost projections, action plans, measures of performance, and risk assessment for each alternative under consideration. Its focus is on process improvement and reengineering, not on technology insertion. Technology's role is to enable or support meaningful process change. To be effective as a management tool, a business case must never begin with any predetermined notions of the outcome or predetermined technological solution. It must be completely and totally unbiased in its conduct and presentation.…

    • 3544 Words
    • 15 Pages
    Powerful Essays
  • Powerful Essays

    International Business Plan Template 1. Executive Summary Nature of the opportunity Scope of the opportunity Why this opportunity? Why this country?…

    • 650 Words
    • 3 Pages
    Powerful Essays
  • Satisfactory Essays

    MIS Assignment 2

    • 823 Words
    • 3 Pages

    In redesigning business processes the focus is on revamping inflexible paper-based processes and hierarchical structures. Two approaches evolutionary and revolutionary can be used. The evolutionary approach aims at following the continuous improving tenets of the total quality management movement. The revolutionary approach seeks at starting afresh and redesigns the process from scratch. This approach is useful for overcoming organisational inertia and it speedily achieves results, it has a lower probability of success. Organizational structures can be improved by the adoption of Information Technology. Redesigning business process can help save an organisation which is running at a loss. It can also help an organisation open up new dimensions in to the existing business. Quality of service delivery and customer service is also improve due to redesigning business processes. Organisations that have taken a revolutionary approach in changing their organizational structures using Information Technology are called virtual corporations. They do not have any head offices they operate from where they are.…

    • 823 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    COmpXM

    • 7841 Words
    • 45 Pages

    (1) Productivity, (2) order delivery time, (3) on-time delivery, (4) number of major process improvements.…

    • 7841 Words
    • 45 Pages
    Powerful Essays
  • Satisfactory Essays

    Consumer Behavior Clinic

    • 449 Words
    • 2 Pages

    Price, quick solution to the problem and brand value were important attributes that were considered.…

    • 449 Words
    • 2 Pages
    Satisfactory Essays