3 research outputs found
Application of Segmenting, Targeting And Positioning (STP) and Networking, Interaction, Common Interest and Experience (NICE) Model On Startup Company of Service Provider in Indonesia
Indonesia Start-up Company has several excellent products. One of them is a machine installation service of tire industry with completion on time and high level of precision to fulfil end user need (specification) effectively and efficiently. This advantage is the competitive advantage of the company’s products compared with the other installation services of tire machinery industry which mostly are general contractor. As a newcomer in the area of tire industry installation service in Indonesia, the company is still not recognized so it needs a good marketing strategy to compete in existing industries. Marketing framework of the company is focus on customer satisfaction resulting in high levels of business and customer profitability. The company uses the following strategies-STP (Segmenting, Targeting and Positioning) which prioritizes relationship marketing using NICE (Networking, Interaction, Common Interest and Experience) tactics. The objective of this paper is to know the opportunities of the application of STP strategy which prioritizes relationship marketing using NICE tactics in Business to Business market in Indonesia. The qualitative study will analyze the library data by referring to the books and other sources that support this issue. Thus this paper is expected to generate the information about the possibility of the using STP strategy, relationship marketing and NICE tactics in service provider business
Application of RBV Theory and McKinsey 7’S Model on Start-up Company
Human resources at a start-up company should have a long experience in tire manufacturing industry which is one of the competitive advantages possessed by the company that can be used in competing in accordance with the theory of resources based view (RBV). Resources based views is a concept of theory that affect the competitive advantage of a company. According to RBV model, the resources should have qualified criteria to achieve competitive advantage. That criteria are valuable, rare, imitability, and organizational to capture value. Management will be committed in managing human resources by building capacity with the right recruitment and training to achieve the vision and mission set by the company. The Mckinsey 7’S framework is used to analyze internal aspects of the organization of the company in which elements of Mckinsey 7’S if working properly and aligned then will be a factor of success of the company. The seven elements of Mckinsey7’S are strategy, skill, shared value, structure, staffing, system and style. Strategy is a formulation of a company used to build competitive advantage and keep it in order for a company to compete, skill is the ability of employees needed to achieve company goals and objectives, which is meant the capability and competence of employees. Shared value is the core value of a company that will become a corporate culture, basically the standard or norm that is applied and a guide for employees and management. Staffing, this is how employees are recruited, trained, motivated and rewarded so that employees can provide the best for the company. Structure, the intended structure is the organizational structure of the company that regulates the work system, communication, authority and responsibility as well as delegation of duties to employees to achieve the goals and objectives of the company. System in Mckinsey 7’S is a day-to-day operational process and procedure and decision making within the company including planning, implementation and evaluation. Style, leadership style applied by management to achieve company goals and objectives
Implementation of Lean Concept in Start-up Engineering Service Provider
Today there are many business opportunities in the engineering industries. These industries will keep growing as the needs of consumers to meet their requirements. This condition will influence tire industry as well, both motorcycle tires and car tires. Tire industries will increase their productions by using additional machines to produce tires. This is an opportunity in the provision of engine installation services provider, especially in tire industry where availability of this provider is very rare. A service provider company needs a management concept to be able to improve quality and profit of company. Lean Manufacturing is an effective concept to improve quality and to increase the profitability in a production process. In the process of manufacturing and engineering can use lean manufacturing concept because this concept can reduce waste from materials, production process and time for job completion. One of lean manufacturing concept is to reduce waste, commonly there are 8 wastes need to be reduced in production process. The 8 wastes are; Defect, over production, Waiting, None utilizes talent, Transport, Inventory, Motion, Excessive process. Engineering service provider company will implement this lean manufacturing concept on determining work shop layout, raw material pre-order stage, production stage, controlling stage until delivery stage all the action must suitable with engineering service provider company, and by implementing this concept to get more profit by producing product with optimum production cost and also will get trust from customer to make repeat order. Every company requires a proper management concept and also continuous improvement on its production process to get quality product and company profit so their business will sustain in the future