Tuesday, June 18, 2019
The National Bicycle Industry Company Essay Example | Topics and Well Written Essays - 2750 words
The National Bicycle Industry Company - Essay ExampleThe mass-customization strategy was first conceived by the companys managing director. He felt that if women could custom order their clothes, why couldnt bicycles be produced in the same way. This idea came at a time when the bicycle industry was sightedness very sluggish sales, and the price that a customer was willing to pay for a bicycle was dropping. Even senior members of the company felt that implementing the idea would be a risk. Thus, this idea was brought out and implemented amidst a lot of skepticism of whether the idea would work in the first place. However, the companys Managing Director went frontwards with the idea of implementing the idea of mass-customization. This was because he treasured to increase the standard of high value added products manufactured by the company. In order to implement this, he wanted the company to produce bicycles which catered to the needs and likings of the customer.
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