Overview of Lutron Electronics Company's Operations and Supply Chain

When a new product is launched into market, it will go through four stages of product life cycle, which are introduction, growth, maturity, and decline (Kotler and Armstrong 2001). The first three stages, however, may be the optimal period at which the effect of sales promotion can be maximized. Therefore, features of the first three stages and the corresponding marketing targets will be discussed in the following subsections.

In the product life cycle, All-round is found within the maturity stage. Here, sales increase at first but at a slower rate as the market introduces its competitors and increases competition. Sales and profit tend to decline towards the end of the maturity stage. In one strategy, it is important to maintain customer loyalty and satisfaction in order to maintain profitability within this stage. For example, promotional allowances and sales force relationships are essential in having this accomplished. Another strategy is reformulation of the product. All-round has not been reformulated but improvements on a routine basis to the product can help increase market growth.

Dear Management, at approximately (1:50 AM) Schindler Tech John Lujan arrived onsite to work on our port system for freight elevators U and V. After evaluation of the freight port system, Schindler Tech Lujan stated “Unfortunately, there was nothing else he could do! Due to the fact the elevators wouldn’t respond to commands from lobby level”. Schindler Tech-Lujuan exited offsite at approximately (2:23 A.M)

The company should target to serve the large customer base with better profit margins and also choose to serve those small customers who are willing to pay the targeted price per kit.

Firms pursuing a specialization strategy often try to develop a competitive advantage based on customer intimacy and try to deliver unique and customizable products or services to meet their customer’s needs and increase their

Upon entering a supermarket or shopping mall, thousands of products stand on shelves fighting for the customer's attention. In order to win the eyes of customers, products must be able to sell themselves. Manufacturers

Source One Electrical, Inc. is a full-service electrical contracting company that is located in El Cajon, California. This electrical contracting company was founded in 2005. Source One Electrical, Inc. conducts services within residential and commercial properties. Their services include panel upgrades, troubleshooting, custom home remodels, tenant improvements, facility electrical solutions, circuit tracing and identification, plus more. Source One Electrical, Inc. performs general electrical wiring, repairs and maintenance, interior and exterior lighting installation, repairs, maintenance and retro-fit, emergency and exit lighting installation, repairs and maintenance, voice/data cabling and fiber optic cabling, etc. This electrical contracting

2. It is challenging to design and operate a supply chain so that total systemwide

"To provide and offer value to the customers by guaranteeing high-tech products that are user-friendly and offer maximum satisfaction that no other brand can ensure." The proposed business will concentrate on delivering best quality products to the customers to the extent of achieving delighting to its clients. This will be realized through extensive networks of consumer markets, competent and experienced marketing agents and the resourceful entrepreneur skills from the business owner.

The value delivery option is another component that supports the supply chain. Providing attention to the changes within consumer demands that will aid in rapid production of consumer products. In order to gain a larger view of the said component it is vital that the value-based method must be clearly understood. Based on the findings of (Feller, A., Shunk 2006).the ability to realign the structure of the supply chain, this process will allows the supply chain to sustain its effectiveness by adopting to changes in consumer necessities with merchandises of larger value. A diversified supply chain is constructed to match the overall components of the chain with customers need in mind. But if this construction of the supply chain doesn’t match the needs it will make nearly impossible for the organization to provide said products and services to the consumer.

First part is describing us a title, where the neediness of appropriate marketing is described. Also here is shown some problems which companies may face, such as insufficient customers engagement, because as all human beings are quickly getting used to a particular product, and they are very hard to convince to use alternative one. In the “evolution” part Authors shows us how the technological progress

2. Unique business model – expanding on the self-service trend with a unique twist and custom pricing options will be appealing to all consumers.

In order to achieve an unconventional spot in the market place, Michael et Augustin has to identify competition, potential customers and create customer value propositions. As we have seen in the first part of this paper, there are many competitors with similar products, yet, there are high end producers like Fauchon and Hediard. Division of the market implies that Michael et Augustin can find a spot between these

EXISTING PROBLEMS AND WEAKNESSES IN THE CURRENT PROCESSES AND ADDITIONAL CAPABILITIES NEEDED TO BE DEVELOPED:

We had launched four products, comparably less than other groups which was five. Our products aimed for a niche luxury market with high technologies and expensive price. Rather than selling many products with different models, we planned to increase market shares of each specific models.