Regal Marine Case Study What’s Regal Marine? Regal Marine has become the world’s third largest boat manufacturer and its mission is to satisfy their customers immediate needs, providing them with a wide variety of good and services at multiple locations. - Quality and reliability. - Value: distinctable features. - Satisfaction: good and quick service. To be profitable but continue being an honest company. Regal Marine Case Study New Strategy Strategy of differentiation: unique features. Reduce cycle times. Improve processes. Use of alternative products. Innovation. High quality goods. Best in class. Wide product line: 22 boats. Computer-aided design. Large number of suppliers to ensure flexibility. Real scale boat for testing before commercialising. World-wide distributors, not only in USA. First class dealers to maintain a good public image. Partnering and participation in the ABA (American Boat Association) Regal Marine Case Study Product Design CAD Design and handmade molds Quick product development: getting suppliers to participate in the design stage. 3 year life cycle, quick response. Evolve already existing boat design. Cost control: avoid raw material’s inventory. On-time deliveries. Reduce cost without reducing value and quality.