Full course: https://www.udemy.com/operations-and-supply-chain-management/?couponCode=PROMONOW
Criteria for Supply Chain Strategies
Keeping the already mentioned considerations in mind, companies have developed four different criteria for supply chain strategies:
lean continuous replenishment,
agile quick response,
lean planning and execution, and
lean-agile postponement.
Lean Continuous Replenishment
The Lean continuous replenishment approach is relevant in situations where replenishment lead times are brief and demand is predictable. Good communication with suppliers helps companies to replenish their stock quickly.
By allowing suppliers to have a clear view of their supply chains, companies can create more certainty over their processes. Taking a Lean approach to supply chains helps eliminate unwanted supplies.
Say, for example, that a restaurant receives regular deliveries from its food supplier. Because there's a regular demand for the product, the food supplier can ensure that the restaurant always receives exactly the right levels of supplies when it needs them.
Agile Quick Response
The agile, quick response approach is used in a situation when inventory should be replenished quickly and demand is unpredictable.
In this situation, the supply chain must be able to keep up with the unpredictable demands of customers. The company has to ensure that it can respond quickly and efficiently to impending deadlines.
Say that a clothing company wants to sell T-shirts for the upcoming summer and fall fashion lines. It has to create and deliver these new products in a short amount of time. Because the demand is unpredictable, the company delays production in order to put together the base of the product before it's sent off for final production.
Lean Planning and Execution
The Lean planning and execution approach is used when there's predictable demand and replenishment lead times are long.
Companies must plan their strategies ahead of time in order to meet demand in a timely fashion. (...)
Full course: https://www.udemy.com/operations-and-supply-chain-management/?couponCode=PROMONOW
Showing posts with label strategies. Show all posts
Showing posts with label strategies. Show all posts
Tuesday, October 13, 2015
Wednesday, September 2, 2015
4 Strategies for Product and Service Management - Revitalization Strategy
Full course: https://www.udemy.com/4-strategies-for-product-and-service-management/?couponCode=PROMONOW
Revitalization Strategy
The second type of strategy for managing existing and mature products is revitalization. This requires lots of planning and supervision, and is the most commonly used strategy when managing existing and mature products.
Its purpose is to revitalize the sales of products that should be performing strongly but, for various reasons, have instead started to falter and decline. There are three revitalization approaches: make changes to your product that add value; reposition your product; and extend the customer base.
Make changes that add value
Re-evaluating and reassessing products is part of the make changes that add value approach. This enables companies to redefine their products and remain at the cutting edge. A company needs to identify and explore opportunities for adding value to its products. This can be achieved by tweaking or enhancing existing features.
Looking at possible options for combining two products to form a new, more innovative product, also features in this approach. And operations managers can also look at ways to improve the processes surrounding the manufacturing and delivery of the product so that better value is offered to the customer.
Reposition your product
There are two separate strands to the reposition your product approach. The first consists of creating a new position for an existing product so that it can regain its competitiveness. This new position and posture can give a product new impetus.
The second strand, called break-away positioning, involves reducing the product down to a spartan state. All non-essential features are stripped away rather than added. The product is then studied to see how it can be altered or modified in a way that will appeal to specific customer groups.
Extend the customer base
The extend the customer base approach seeks to increase sales volume by getting more customers to use the product. To boost the user rate, the company must win over customers from its competitors, enter new markets, or convert complete non-users of the product into users.
To achieve these targets, the company must identify why customers buy from the competition, what favorable market opportunities exist, and how to turn non-users into users.
Examples - Revitalization Strategy
Here's how a company makes changes that add value to its product. A medium-sized commercial paint manufacturing company produces a successful line of spray paint for customizing cars. Sales of this strong product have dipped. The company decides to invest in new process machinery that will allow this product to be incorporated into the mainstream (...)
Full course: https://www.udemy.com/4-strategies-for-product-and-service-management/?couponCode=PROMONOW
Revitalization Strategy
The second type of strategy for managing existing and mature products is revitalization. This requires lots of planning and supervision, and is the most commonly used strategy when managing existing and mature products.
Its purpose is to revitalize the sales of products that should be performing strongly but, for various reasons, have instead started to falter and decline. There are three revitalization approaches: make changes to your product that add value; reposition your product; and extend the customer base.
Make changes that add value
Re-evaluating and reassessing products is part of the make changes that add value approach. This enables companies to redefine their products and remain at the cutting edge. A company needs to identify and explore opportunities for adding value to its products. This can be achieved by tweaking or enhancing existing features.
Looking at possible options for combining two products to form a new, more innovative product, also features in this approach. And operations managers can also look at ways to improve the processes surrounding the manufacturing and delivery of the product so that better value is offered to the customer.
Reposition your product
There are two separate strands to the reposition your product approach. The first consists of creating a new position for an existing product so that it can regain its competitiveness. This new position and posture can give a product new impetus.
The second strand, called break-away positioning, involves reducing the product down to a spartan state. All non-essential features are stripped away rather than added. The product is then studied to see how it can be altered or modified in a way that will appeal to specific customer groups.
Extend the customer base
The extend the customer base approach seeks to increase sales volume by getting more customers to use the product. To boost the user rate, the company must win over customers from its competitors, enter new markets, or convert complete non-users of the product into users.
To achieve these targets, the company must identify why customers buy from the competition, what favorable market opportunities exist, and how to turn non-users into users.
Examples - Revitalization Strategy
Here's how a company makes changes that add value to its product. A medium-sized commercial paint manufacturing company produces a successful line of spray paint for customizing cars. Sales of this strong product have dipped. The company decides to invest in new process machinery that will allow this product to be incorporated into the mainstream (...)
Full course: https://www.udemy.com/4-strategies-for-product-and-service-management/?couponCode=PROMONOW
Tuesday, September 1, 2015
4 Strategies for Product and Service Management - The Rationalization Strategy
Full course: https://www.udemy.com/4-strategies-for-product-and-service-management/?couponCode=PROMONOW
The Rationalization Strategy
Rationalization is the third strategy for managing existing and mature products, and it should be applied to all product lines. Rationalization seeks to keep the product lines operating in a lean and efficient manner, while also ensuring that they properly align with the long term goals the company has set for them.
The rationalization process begins with an examination of a product or a product portfolio. The purpose is to identify where beneficial opportunities can be achieved and wasteful processes pruned.
Rationalization Approaches
There are three rationalization approaches: reduce product costs; discontinue the product; and increase product price to drive customers toward a new substitute product that the company has developed. Many companies would benefit greatly by removing products that fail to perform.
Reduce Product Costs
It might come as a surprise to learn that most companies with large product portfolios don't show a return on investment for all of these products. It's often the case that three or four core products perform well and support the other products in the portfolio.
Discontinue the Product
If a product is incurring losses or is nearing the final stage of its life cycle, a company could take the approach of either reducing the costs of the product, or discontinuing it.
Increase Product Price
Some companies are reluctant to embrace the discontinue the product approach. Operations managers don't want to get a reputation for quitting or giving up on products, so they persevere with poorly performing ones.
It’s best to embrace rationalization when it makes sense. But don't be too hasty or eager when it comes to discontinuing products.
Determining the Correct Rationalization Option
To determine which rationalization approach to use, an operations manager should review and consolidate the company's product portfolio. Your answer may have included some of the following steps that should be taken when assessing each item in the product portfolio:
list sales volume and sales revenue,
identify commonality among products,
determine variable costs, (...)
Full course: https://www.udemy.com/4-strategies-for-product-and-service-management/?couponCode=PROMONOW
The Rationalization Strategy
Rationalization is the third strategy for managing existing and mature products, and it should be applied to all product lines. Rationalization seeks to keep the product lines operating in a lean and efficient manner, while also ensuring that they properly align with the long term goals the company has set for them.
The rationalization process begins with an examination of a product or a product portfolio. The purpose is to identify where beneficial opportunities can be achieved and wasteful processes pruned.
Rationalization Approaches
There are three rationalization approaches: reduce product costs; discontinue the product; and increase product price to drive customers toward a new substitute product that the company has developed. Many companies would benefit greatly by removing products that fail to perform.
Reduce Product Costs
It might come as a surprise to learn that most companies with large product portfolios don't show a return on investment for all of these products. It's often the case that three or four core products perform well and support the other products in the portfolio.
Discontinue the Product
If a product is incurring losses or is nearing the final stage of its life cycle, a company could take the approach of either reducing the costs of the product, or discontinuing it.
Increase Product Price
Some companies are reluctant to embrace the discontinue the product approach. Operations managers don't want to get a reputation for quitting or giving up on products, so they persevere with poorly performing ones.
It’s best to embrace rationalization when it makes sense. But don't be too hasty or eager when it comes to discontinuing products.
Determining the Correct Rationalization Option
To determine which rationalization approach to use, an operations manager should review and consolidate the company's product portfolio. Your answer may have included some of the following steps that should be taken when assessing each item in the product portfolio:
list sales volume and sales revenue,
identify commonality among products,
determine variable costs, (...)
Full course: https://www.udemy.com/4-strategies-for-product-and-service-management/?couponCode=PROMONOW
Monday, August 31, 2015
4 Strategies for Product and Service Management - Effective Product and Service Management
Full course: https://www.udemy.com/4-strategies-for-product-and-service-management/?couponCode=PROMONOW
Congratulations
Congratulations! You just finished the Product and Service Management course!
Product and Service Management
Product and service management is the process of designing, creating, and maintaining a product or service through all stages of its lifecycle from the conception of a new product or service idea, to its design and launch, and later through its growth, maturity, and decline stages.
This course provided a broad overview of the product and service management functions from an operations management perspective. More specifically, it walked you through the phases of product life-cycle and stages of new product development. This course also introduced some examples of strategies for managing existing and mature products and services.
The Instructor
My name is Sorin and I was your instructor. I worked for the last 10 years as a manager and trainer, in the public and private sector, and I shared with you what I have learned
Learning Objectives
After completing this course, you are now able to:
understand the phases of the product life cycle and actions that should be taken at each phase,
sequence the stages of the new product development process,
make use of best practices in new product development, and
employ strategies to manage existing and mature products and services.
Thank You!
So, don’t forget to leave a review and revisit for updates. Thank you for taking this course! And, see you in the next one.
Full course: https://www.udemy.com/4-strategies-for-product-and-service-management/?couponCode=PROMONOW
Congratulations
Congratulations! You just finished the Product and Service Management course!
Product and Service Management
Product and service management is the process of designing, creating, and maintaining a product or service through all stages of its lifecycle from the conception of a new product or service idea, to its design and launch, and later through its growth, maturity, and decline stages.
This course provided a broad overview of the product and service management functions from an operations management perspective. More specifically, it walked you through the phases of product life-cycle and stages of new product development. This course also introduced some examples of strategies for managing existing and mature products and services.
The Instructor
My name is Sorin and I was your instructor. I worked for the last 10 years as a manager and trainer, in the public and private sector, and I shared with you what I have learned
Learning Objectives
After completing this course, you are now able to:
understand the phases of the product life cycle and actions that should be taken at each phase,
sequence the stages of the new product development process,
make use of best practices in new product development, and
employ strategies to manage existing and mature products and services.
Thank You!
So, don’t forget to leave a review and revisit for updates. Thank you for taking this course! And, see you in the next one.
Full course: https://www.udemy.com/4-strategies-for-product-and-service-management/?couponCode=PROMONOW
Tuesday, August 25, 2015
Devil's Advocate Technique
Full course: https://www.udemy.com/5-decision-making-techniques-for-success/?couponCode=PROMONOW
Problem-solving and Decision Making Strategies - Devil's Advocate Technique
Understanding and applying the Devil's Advocate Technique
Full course: https://www.udemy.com/5-decision-making-techniques-for-success/?couponCode=PROMONOW
Problem-solving and Decision Making Strategies - Devil's Advocate Technique
Understanding and applying the Devil's Advocate Technique
Full course: https://www.udemy.com/5-decision-making-techniques-for-success/?couponCode=PROMONOW
Monday, August 24, 2015
Return on Investment Technique
Full course: https://www.udemy.com/5-decision-making-techniques-for-success/?couponCode=PROMONOW
Problem-solving and Decision Making Strategies - Return on Investment Technique
Understanding and applying the Return on Investment Technique
Full course: https://www.udemy.com/5-decision-making-techniques-for-success/?couponCode=PROMONOW
Problem-solving and Decision Making Strategies - Return on Investment Technique
Understanding and applying the Return on Investment Technique
Full course: https://www.udemy.com/5-decision-making-techniques-for-success/?couponCode=PROMONOW
Thursday, August 20, 2015
Operations and Supply Chain Management - Supply Chain Organizational Strategies
Full course: https://www.udemy.com/operations-and-supply-chain-management/?couponCode=PROMONOW
Meeting Market Demand
If you want to meet the volatile demands of the market with quality products and a timely delivery, it's important that you develop a strong supply chain strategy.
A supply chain strategy provides the plan for an organization's supply chain. While business strategies provide direction and guidelines for company processes, a supply chain strategy implements these guidelines by integrating business plans and extending them throughout all aspects of the company.
Supply Chain Organizational Strategies
Companies can use a number of generic business strategies in order to strengthen their position in the market:
differentiation,
cost leadership,
differentiation focus, and
cost focus.
Differentiation
A company selects a differentiation strategy when it wants to produce and deliver goods or services that customers perceive as being different from competition in ways that are important to them. It conducts market research to find out what customers want, and it then develops a product to uniquely meet those needs.
For example, a cell phone company might develop a phone that's more lightweight and sturdy than any other phone on the market.
Cost leadership
A company selects a cost leadership strategy when it wants to stress to customers that its product is cheaper than other similar products on the market. This strategy works best for products that are essentially similar. Customers might be more interested in better value than in apparently trivial differences between different offerings.
For example, an airline might offer passengers cheaper flights without any extras.
Differentiation focus
A differentiation focus strategy is similar to a differentiation strategy. However, it focuses on a small section of the market.
For example, a clothing company might offer designer clothing with matching accessories for its wealthier customers.
Full course: https://www.udemy.com/operations-and-supply-chain-management/?couponCode=PROMONOW
Meeting Market Demand
If you want to meet the volatile demands of the market with quality products and a timely delivery, it's important that you develop a strong supply chain strategy.
A supply chain strategy provides the plan for an organization's supply chain. While business strategies provide direction and guidelines for company processes, a supply chain strategy implements these guidelines by integrating business plans and extending them throughout all aspects of the company.
Supply Chain Organizational Strategies
Companies can use a number of generic business strategies in order to strengthen their position in the market:
differentiation,
cost leadership,
differentiation focus, and
cost focus.
Differentiation
A company selects a differentiation strategy when it wants to produce and deliver goods or services that customers perceive as being different from competition in ways that are important to them. It conducts market research to find out what customers want, and it then develops a product to uniquely meet those needs.
For example, a cell phone company might develop a phone that's more lightweight and sturdy than any other phone on the market.
Cost leadership
A company selects a cost leadership strategy when it wants to stress to customers that its product is cheaper than other similar products on the market. This strategy works best for products that are essentially similar. Customers might be more interested in better value than in apparently trivial differences between different offerings.
For example, an airline might offer passengers cheaper flights without any extras.
Differentiation focus
A differentiation focus strategy is similar to a differentiation strategy. However, it focuses on a small section of the market.
For example, a clothing company might offer designer clothing with matching accessories for its wealthier customers.
Full course: https://www.udemy.com/operations-and-supply-chain-management/?couponCode=PROMONOW
Saturday, August 8, 2015
Dealing with Alternatives in Decision-Making
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Problem-solving and Decision Making Strategies - Dealing with Alternatives in Decision-Making
Understanding decision-making styles and the use of decision-making styles.
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Problem-solving and Decision Making Strategies - Dealing with Alternatives in Decision-Making
Understanding decision-making styles and the use of decision-making styles.
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Thursday, August 6, 2015
Steps in Adapting Your Decision-Making Style
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Problem-solving and Decision Making Strategies - Steps in Adapting Your Decision-Making Style
Understanding decision-making styles and the use of decision-making styles.
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Problem-solving and Decision Making Strategies - Steps in Adapting Your Decision-Making Style
Understanding decision-making styles and the use of decision-making styles.
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Wednesday, August 5, 2015
Choosing the Right Decision-Making Style
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Problem-solving and Decision Making Strategies - Choosing the Right Decision-Making Style
Understanding decision-making styles and the use of decision-making styles.
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Problem-solving and Decision Making Strategies - Choosing the Right Decision-Making Style
Understanding decision-making styles and the use of decision-making styles.
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Monday, August 3, 2015
Using Decision-Making Styles
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Problem-solving and Decision Making Strategies - Using Decision-Making Styles
Understanding decision-making styles and the use of decision-making styles.
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Problem-solving and Decision Making Strategies - Using Decision-Making Styles
Understanding decision-making styles and the use of decision-making styles.
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Sunday, August 2, 2015
Decision-Making Styles
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Problem-solving and Decision Making Strategies - Decision-Making Styles
Understanding an effective decision-making process step-by-step.
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Problem-solving and Decision Making Strategies - Decision-Making Styles
Understanding an effective decision-making process step-by-step.
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Friday, July 31, 2015
Decision-Making Process
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Problem-solving and Decision Making Strategies - Decision-Making Process
Understanding an effective decision-making process.
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Problem-solving and Decision Making Strategies - Decision-Making Process
Understanding an effective decision-making process.
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Monday, July 27, 2015
Effective Decision-Making
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Problem-solving and Decision Making Strategies - Effective Decision Making
What is decision-making and what makes decision-making effective?
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Problem-solving and Decision Making Strategies - Effective Decision Making
What is decision-making and what makes decision-making effective?
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Sunday, July 26, 2015
Decision-Making Fundamentals
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Problem-Solving and Decision-Making Strategies - Decision Making Fundamentals
What is a decision and what is decision-making?
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Problem-Solving and Decision-Making Strategies - Decision Making Fundamentals
What is a decision and what is decision-making?
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Wednesday, July 22, 2015
4 Strategies for Product and Service Management - Course Guidelines
Full course: https://www.udemy.com/4-strategies-for-product-and-service-management/?couponCode=PROMONOW
You might know this. I’m adding it to any course in the introductory section. But, just in case some suggestions to improve your learning.
For a better learning experience change your view settings to HD. Depending on your internet connection the quality of your video lesson should be better on your playing device.
This course includes closed captions, at least in English. So, if you want to watch videos quietly or defeat noise it’s a good idea to turn them on. Or, maybe is just easier for you to take video lessons if you also see the subtitles.
And, here I have a proposal for you: help me making closed captions in your native language and you receive free courses in exchange. Everybody gains, and you greatly improve your learning by translating a 2 - 3 hours course. I am providing of course the English text.
It would be also a good idea to check for additional resources for every video lesson. Most of the time an audio version will be available and a pdf presentation. Some documents will be posted as a independent lesson, but the others will have learning aids in the resources section.
Use the discussion board for questions and to invite our student colleagues to share personal experiences. Interaction will improve your learning. And, I will be here to help. It’s not easy to be the first one to ask a question or make a comment, I know. But, I will take care of it and start a discussion.
If you are on a computer, or iPad type device you can also take notes. I’m not saying you should. But, this is also very helpful to improve retention, and you will find an easy reference if you need to revisit the course. Udemy offers you the option and you will see by yourself that note taking while watching video lectures is highly effective.
There will be some exercises to complement end of section quizzes. For some it would help to stop the video for one or two minutes and try to respond before continuing. Every time I will give the correct answer so you can compare. Of course you can just continue without stopping, but it’s good if you try your hand on the question before comparing.
It might be that, for some exercises, you will need more time and to work on a template. I use this for skill development, and I believe in practice. Most of the time you learn more from this than from my presentation, so take your time and do it as guided.
You are the client, so you have the right to make suggestions and to ask for more. I know you feel the need to be nice and appreciate the effort. But, please if you need something related to the course feel free to ask. I will be here to respond.
If you see a mistake in a course and you report it to me - I must admit that I am not perfect and some help is always needed, you get a free course coupon in exchange. I will make the corrections, and you’ll get the free course. Again, a win-win situation.
At the end of the course a review would be very much appreciated. You are not required of course but, it helps me improve the course and it helps other potential students to make a choice.
For technical issues I might help, if not there is Udemy Technical Support. Whatever is not working, please write me or Udemy.
This is it for now. Happy learning and see you on the course!
Full course: https://www.udemy.com/4-strategies-for-product-and-service-management/?couponCode=PROMONOW
You might know this. I’m adding it to any course in the introductory section. But, just in case some suggestions to improve your learning.
For a better learning experience change your view settings to HD. Depending on your internet connection the quality of your video lesson should be better on your playing device.
This course includes closed captions, at least in English. So, if you want to watch videos quietly or defeat noise it’s a good idea to turn them on. Or, maybe is just easier for you to take video lessons if you also see the subtitles.
And, here I have a proposal for you: help me making closed captions in your native language and you receive free courses in exchange. Everybody gains, and you greatly improve your learning by translating a 2 - 3 hours course. I am providing of course the English text.
It would be also a good idea to check for additional resources for every video lesson. Most of the time an audio version will be available and a pdf presentation. Some documents will be posted as a independent lesson, but the others will have learning aids in the resources section.
Use the discussion board for questions and to invite our student colleagues to share personal experiences. Interaction will improve your learning. And, I will be here to help. It’s not easy to be the first one to ask a question or make a comment, I know. But, I will take care of it and start a discussion.
If you are on a computer, or iPad type device you can also take notes. I’m not saying you should. But, this is also very helpful to improve retention, and you will find an easy reference if you need to revisit the course. Udemy offers you the option and you will see by yourself that note taking while watching video lectures is highly effective.
There will be some exercises to complement end of section quizzes. For some it would help to stop the video for one or two minutes and try to respond before continuing. Every time I will give the correct answer so you can compare. Of course you can just continue without stopping, but it’s good if you try your hand on the question before comparing.
It might be that, for some exercises, you will need more time and to work on a template. I use this for skill development, and I believe in practice. Most of the time you learn more from this than from my presentation, so take your time and do it as guided.
You are the client, so you have the right to make suggestions and to ask for more. I know you feel the need to be nice and appreciate the effort. But, please if you need something related to the course feel free to ask. I will be here to respond.
If you see a mistake in a course and you report it to me - I must admit that I am not perfect and some help is always needed, you get a free course coupon in exchange. I will make the corrections, and you’ll get the free course. Again, a win-win situation.
At the end of the course a review would be very much appreciated. You are not required of course but, it helps me improve the course and it helps other potential students to make a choice.
For technical issues I might help, if not there is Udemy Technical Support. Whatever is not working, please write me or Udemy.
This is it for now. Happy learning and see you on the course!
Full course: https://www.udemy.com/4-strategies-for-product-and-service-management/?couponCode=PROMONOW
Tuesday, July 21, 2015
4 Strategies for Product and Service Management - Course Overview
Full course: https://www.udemy.com/4-strategies-for-product-and-service-management/?couponCode=PROMONOW
The Work Behind Sales
When customers walk into a shop and look at the products for sale, they probably aren't aware of the level of work that is involved in getting a product onto the shelf.
They want to pay a fair price for the item and expect it to fulfill its purpose. Millions, if not billions, of similar transactions happen everyday as products are bought and sold.
Each product's journey to the market has been strategically planned, revised, and supervised in great detail. This process is known as product and service management.
It is a managerial approach that companies use to understand how best to develop new products and services, and manage existing and mature ones.
Product and Service Management
The operations section of an organization deals with product and service management. How operations management interfaces with product and service management varies from organization to organization, depending on the industry and whether it's a product or service being produced.
In this course, the complexities, differences, and nuances of product and service management, are presented in a deliberately scaled-back manner for instructional and training purposes.
Interactions
Product and service management has a key role to play in the operations management function. In addition, it often exerts influence on the marketing function.
In an ideal situation, the idea for a new product will come from customers. Marketing will deliver the product concept to operations, where it will be designed, developed, and finally supplied to the market. Once the customer interacts with the product, marketing and sales become responsible for it again.
To further your understanding of product and service management, this course covers the product and service life cycle, the development of new products, and how to manage existing and mature products.
So, next, you are going to learn about the product and service life cycle. But before, you will have a short presentation of Udemy’s functionalities for a better learning experience.
Thank you for watching, and see you there.
Full course: https://www.udemy.com/4-strategies-for-product-and-service-management/?couponCode=PROMONOW
The Work Behind Sales
When customers walk into a shop and look at the products for sale, they probably aren't aware of the level of work that is involved in getting a product onto the shelf.
They want to pay a fair price for the item and expect it to fulfill its purpose. Millions, if not billions, of similar transactions happen everyday as products are bought and sold.
Each product's journey to the market has been strategically planned, revised, and supervised in great detail. This process is known as product and service management.
It is a managerial approach that companies use to understand how best to develop new products and services, and manage existing and mature ones.
Product and Service Management
The operations section of an organization deals with product and service management. How operations management interfaces with product and service management varies from organization to organization, depending on the industry and whether it's a product or service being produced.
In this course, the complexities, differences, and nuances of product and service management, are presented in a deliberately scaled-back manner for instructional and training purposes.
Interactions
Product and service management has a key role to play in the operations management function. In addition, it often exerts influence on the marketing function.
In an ideal situation, the idea for a new product will come from customers. Marketing will deliver the product concept to operations, where it will be designed, developed, and finally supplied to the market. Once the customer interacts with the product, marketing and sales become responsible for it again.
To further your understanding of product and service management, this course covers the product and service life cycle, the development of new products, and how to manage existing and mature products.
So, next, you are going to learn about the product and service life cycle. But before, you will have a short presentation of Udemy’s functionalities for a better learning experience.
Thank you for watching, and see you there.
Full course: https://www.udemy.com/4-strategies-for-product-and-service-management/?couponCode=PROMONOW
Monday, July 20, 2015
4 Strategies for Product and Service Management - About the Course
Full course: https://www.udemy.com/4-strategies-for-product-and-service-management/?couponCode=PROMONOW
Product and Service Management
Product and service management is the process of designing, creating, and maintaining a product or service through all stages of its lifecycle. It involves a wide range of operations, marketing, and sales related activities.
These activities encompass the entire range of product life cycle – from the conception of a new product or service idea, to its design and launch, and later through its growth, maturity, and decline stages.
Operations of Product and Service Management
Operations aspects of product management are vital to the success of new and existing products and services. Every organization conducts product management activities, whether knowingly or unknowingly, that integrate operations, marketing, and sales functions to deliver desired products and services to customers.
This course provides a broad overview of the product and service management functions from an operations management perspective. More specifically, it walks you through the phases of product life-cycle and stages of new product development. This course also introduces some examples of strategies for managing existing and mature products and services.
The Instructor
My name is Sorin and I will be your instructor. I worked for the last 10 years as a manager and trainer, in the public and private sector, and I will share with you what I have learned
Learning Objectives
The target of this course is anyone working in operations management or another functional area, who is looking to gain a working understanding of the operations functions in a service or manufacturing organization.
After completing this course, you will be able to:
Full course: https://www.udemy.com/4-strategies-for-product-and-service-management/?couponCode=PROMONOW
Product and Service Management
Product and service management is the process of designing, creating, and maintaining a product or service through all stages of its lifecycle. It involves a wide range of operations, marketing, and sales related activities.
These activities encompass the entire range of product life cycle – from the conception of a new product or service idea, to its design and launch, and later through its growth, maturity, and decline stages.
Operations of Product and Service Management
Operations aspects of product management are vital to the success of new and existing products and services. Every organization conducts product management activities, whether knowingly or unknowingly, that integrate operations, marketing, and sales functions to deliver desired products and services to customers.
This course provides a broad overview of the product and service management functions from an operations management perspective. More specifically, it walks you through the phases of product life-cycle and stages of new product development. This course also introduces some examples of strategies for managing existing and mature products and services.
The Instructor
My name is Sorin and I will be your instructor. I worked for the last 10 years as a manager and trainer, in the public and private sector, and I will share with you what I have learned
Learning Objectives
The target of this course is anyone working in operations management or another functional area, who is looking to gain a working understanding of the operations functions in a service or manufacturing organization.
After completing this course, you will be able to:
- match phases of the product life cycle to actions that should be taken at each phase,
- sequence the stages of the new product development process,
- match current best practices in new product development with their description, and
- and match strategies used to manage existing and mature products and services with examples of the ways they are used. (...)
Full course: https://www.udemy.com/4-strategies-for-product-and-service-management/?couponCode=PROMONOW
Sunday, July 19, 2015
Problem-Solving Skills
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Problem-solving and Decision Making Strategies - Problem solving skills
Developing and using skills for problem-solving theory and practice.
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Problem-solving and Decision Making Strategies - Problem solving skills
Developing and using skills for problem-solving theory and practice.
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Sunday, July 5, 2015
Problem Solving Process Traps
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Problem-solving and Decision Making Strategies - Problem Solving Process Traps.
Details the five types of mind traps and gives you the opportunity to practice.
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
Problem-solving and Decision Making Strategies - Problem Solving Process Traps.
Details the five types of mind traps and gives you the opportunity to practice.
Full course: https://www.udemy.com/problem-solving-and-decision-making/?couponCode=PROMONOW
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