Question

5. A well-designed interface between marketing and operations is necessary to provide a business with an understanding of its markets from both perspectives. Order winners and order qualifiers describe marketing-oriented dimensions that are key to competitive success. Differentiate between the two using examples.

6. According to Jacobs and Chase (2014), the Generic Product Development Process represents the basic sequence of steps or activities that a firm employs to bring a product to the market. Logically bring the phases in the correct sequence and discuss what happens in each of these phases. (

7. Different supply chain strategies are exposed to specific types of risk. Discuss the supply chain risk matrix and show the impact of any five type of risk for various supply chain strategies

8. Explain the value of the design in terms of its impact on the environment by giving suitable examples of ecodesign in manufacturing.

Answer 1

The marketing-orientating dimension is the dimension of the market that is employed to the achieved orientation of business enterprises. It is additionally known as promoting combine.

Marketing-oriented dimensions are the key to competitive success however it'll solely rely upon company Staragey and therefore the system activities performed by the company.

Some key purpose for competitive success.

1) Covering product development-Covering the merchandise development is that the initial dimension. The firm ought to develop those products that area unit scare and have a lot of demand as a result of its lead increase in the firm provides and firm profit level.

2) Rating justifications-Pricing justifications is another strategy beneath that firm ought to keep their product value in such how that client will straightforward pass price ought to be low however profit ought to be most.

3) Distribution techniques-Firm ought to additionally target distribution method correct distribution lead increment to provide the level and it leads to increment in profit level. The firm ought to additionally target delivery. The firm ought to make sure that the delivery ought to be done on time.

4) Communications efforts-Communication plays a crucial|a very important} role in any field however it plays a vital role in the business as effective communication facilitates in increasing provider, distributor, production, and lots of factors. The firm ought to do effective communication of his product that builds folks aware of his product and that leads to an increase in product demand.

B. Generic development method

The generic Product development process is the sequence of steps that an Associate in Nursing enterprise employs to style, and commercialized a product.

Phases of Generic development method

Phase 1. Product development: Under this part thought of the product is developed and evaluated. One or a lot of thought of product area unit developed and tested within the market.

Phase 2. System-level design: This part includes the decomposition of the product into subsystems. Final collection area unit did when tho' this part

Phase 3. Detail design: Under this part coming up with of product is taken place. It involves complete specification of the materials, and tolerances of all of the distinctive elements within the product

Phase 4. Testing and refinement: Under this part, product testing is finished. It is done to check wheater the merchandise satisfy client demand and desires or not. it works properly or not.

Phase 5. Production ramp-up: this can be finished the purpose of training the force and to wor" out any remaining issues within the production processes.

Supply chain ways area unit exposed to specific varieties of risk

Risk is often a part of the Supply chain thus their area unit several ways of provide chain that is employed to expose a specific style of risk.

5 style of risk for varied provide chain ways

1.Strategy risk- Under this sort of risk it involves selecting the right strategy of providing management. With the right strategy company can ready to tackle the coming risk

2.Market risk- Market risk are those risk that involves company complete market exposure.

3.Implementation risk- it's the chance that involves deployment failure. It is a risk that is related to a product launch.

4.Performance risk-It is the risk that a company's IT infrastructure can unable to perform at needed levels. It is due to the internal operation, technology relationships that affect the demand for merchandise or services of the company

5.Demand risk-It is that the risk that involves product actual demand of the client isn't meet.

The value of the planning in terms of its impact on the surroundings.

The design of a product invariably has a bigger impact on the surroundings. If the merchandise has a distinctive style it has a positive impact on the surroundings.and the demand for the merchandise will increase within the economy. It is accustomed to fulfill the need of the folks. The copied product doesn't have a bigger impact as a result of its straightforward offered each thus its demand is additionally low whereas distinctive product demand is often high. For Example, Any company introduces a mobile with an eighty-four-megapixel camera then the demand for that product is extraordinarily high as compared to an alternative product.

So, uniqueness is very important as a part of any product. When businessperson and company manufacture the merchandise they invariably keep the purpose of distinctive within the mind that product ought to be unique. It additionally facilitates him advertising for that product.