Business Meeting

Strategy Consulting

ECONOMIC ORDER QUANTITY MODELING

  • Our data-backed analysis can pinpoint the best order points for new products and also help you decide on an optimal quantity.

  • Typically used for warehouse or manufacturing clients. 

  • Necessary for inventory management. 

  • EOQ models ensure that the right amount of inventory is ordered per batch, so a company does not have to make unnecessary orders and there's no excess sitting on hand.

  • Focus on lead time (coming up to deadline) and dead time (past a deadline). 

Image by Lukas Blazek
Analyzing Graphs

PRICING ANALYSIS 

It is strategically sound to be proactive as opposed to passive when it comes to pricing a product.  

​It's important to be aware of the many pricing strategies that can suit your business needs. DCC provides the following pricing-based strategies. 

  • Value-based pricing: a strategy of setting prices primarily based on a consumer's perceived value of a product or service. 

  • Competitive pricing: the process of selecting strategic price points to best take advantage of a product or service based market relative to the competition. 

  • Price skimming: a product pricing strategy by which a firm charges the highest initial price that customers will pay and then lowers it over time. 

  • Cost-plus pricing: a pricing method whereby the selling price is established by adding a markup to total variable costs. 

  • Penetration pricing: a marketing strategy used by businesses to attract customers to a new product or service by offering a lower price during its initial offering. 

    • Includes lowering or raising prices. 

    • Acquiring a competitor in the targeted market. 

    • Modify your products to solve customers’ problems. 

    • Develop new products to attract new customers. 

    • Economy pricing: a method of pricing in which a low price is assigned to a product with decreased production costs. 

    • Congestion pricing: a dynamic pricing strategy designed to regulate demand by increasing prices without increasing supply. 

CORPORATE UNIT STRATEGY

​The best corporate strategy approaches are dynamic in the sense that they should be constantly updated to fit the current needs of a company.

 

Corporate Strategy - The main tasks of corporate strategy that DDC offers are:

 

  • Allocation of resources: focus on the proper allocation of people and capital to maximize their value. 

  • Organizational design: establish a proper corporate structure by determining the role of the head office and ensure effective reporting channels to individuals and business units with proper organizational structure. 

  • Portfolio management: evaluate the business units in your company to determine their synergies and use that information to pursue other businesses to manage risk and diversify your portfolio. 

  • Strategic tradeoffs: focus on managing risk, generating returns, and incentives to balance the tradeoffs between risk and return across your firm. 

Business Meeting
Analyzing Graphs

BUSINESS UNIT STRATEGY

​Diamond Core Consulting offers a business unit strategy that not only plays an important role in most businesses, it's also one of the best ways to get your company off on the right foot.

The analysis we offer in our business unit strategy analysis consist of:

  • Review each business unit within a company to determine the strengths of the business units and finding ways to improve the performance of those business units. 

  • This allows the establishment of: 

    • The business units’ missions. 

    • Objectives for the business units. 

    • Determine the strategies needed to meet those objectives.