Nice Wood Developing a Competitive Edge Essay Example | Topics and Well Written Essays - 2000 words

enough Wood Developing a Competitive Edge - Essay ExampleThe constitution of the Nice Wood Product business is that in the lumber industry where operations include picking, cutting and curing wood. Their products are composed predominantly of standardised types and different grades of lumber that complies with the following specifications 2x4s and 2x6s used in framing as well as plywood and particle board. Likewise, current technological breakthroughs have been describe to automate several phases in the firms operating cycle, including the picking, cutting, and curing phases. The new technological applications provided opportunities for New Wood to facilitate the processes (including cutting wood in a variety of standards new types of kilns accelerating the curing process and lading technology was noted to significantly enable the processed wood to be placed in containers) and thitherby, potentially increase their chances to be more competitive in the international market. C. Cor e Competencies The core competencies noted for Nice Wood were their established client traveling bag and well relationships throughout the industry (Case facts, n.d., p. 1). Further, it was also disclosed that the company is a close-knit operation and senior management values the skills and loyalty of its workers (Case facts, n.d., p. 1). These facts indicate the Nice Wood Products possess a team of highly skills workers who could have potentially manifested loyalty and a low turnover. Further, their consistent delivery of high quality products has gained strong relationships with loyal clients who are to stay with them amidst the financial and economic challenges. D. Description of Product The product, wood processed lumber, is classified as industrial goods, where these are used to produce or make other products. Likewise, these products could be further categorized into the raw materials subcategory. As raw materials, these are graded according to quality so that there is some assurance of consistency within each grade. There is, however, little difference between offerings within a grade. Consequently, sales negotiations focus on price, delivery, and reference point terms. This negotiation plus the fact that raw materials are ordinarily sold in large quantities make personal selling the principal marketing admittance for these goods (eNotes, 2012, par. 19). E. Key Milestones The key milestones that Nice Wood