Hatil 2 PDF

Title Hatil 2
Author Rezowan Rezo
Course Strategic Management
Institution North South University
Pages 2
File Size 68.8 KB
File Type PDF
Total Downloads 47
Total Views 136

Summary

Hatil Furniture Report...


Description

hotel corporations year around to maintain the good relationships in the chains. They keep prioritizing the top-tier hotels such as Starwood, Carlson, Marriot, IHG, and the Hilton group that strongly tied with them for fulfilling the furniture demand.

Strategies to Manage Rivalry: They maintain some strategies to manage their competitors such as Otobi, Regal and Akther Furniture. Price Signaling, Price Leadership and Non-price Competition are being followed at this aspect.

The theory they follow for Business Level Strategy Differentiation Low-cost Tradeoff: They have a great range of differentiated products. They keep their cost lower by achieving economies of scale in their production. Every product of it has broad breadths and lengths that keeps it focused on the differentiated segments.

Value Innovation: They are not just focusing on their economies of scale by their existing plants and labors. They continuously come up with newer types of furniture following the ongoing trends.

Broad Differentiation Strategy: Every year, Hatil come up with trendy and magnificent offerings complete with smart fit furniture and with a variety of alternatives for consumers to pick from such as Sofas and loungers, lobby chairs, divans, normal beds, closets, showcases and dinner carts, dressing table, and other items are seen in the top list. They follow the broad diversification strategy that help them differentiate their products to attract the customer and keep them on top of their competitors. Their offerings among all lines, office furniture and lifestyle furniture keep their legacy. They are dominating with their doors in this competitive market being the leader in the industry.

Product Development: Furniture industry follows two things one is trend for modern and the other one is trend for antique; in both ways, tends come first. HATIL keeps them updating with the trends. They produce furniture based on the needs such as they brought space savings furniture int the market. In terms of this product line, the brilliance of a sofa bed is that it can be turned into a bed simply sliding out the seat, allowing for the most efficient use of space in small spaces. It is simple to assemble and gives additional sleeping space for a visitor.

Japanese “Kaizen” method has been implemented to their system as they can improve continuously....


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