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Char

Problem Statement
Traditional Company
Packaging
Manufacturing
Accounting
Selling Strategy
Wholesale
Marketing

Situation Analysis
Ownership and Management
Board of Director
President
Senior Management Team
Current Strategy
Sell High Quality Products
Old Fashioned Accounting
Batch Manufacturing
Maintain Traditional Values
Maintain Brand Itegrity
Employees Resistant to Change
Sell 30 % Wholesale
Create Loyal Customers
Mission of the Company
Commitment to Quality
Strong Family Values
Increase Company Size
Maintain Brand Integrity

S.W.O.T
Strengths
Long Business History
High Quality Product
Good Customer Service
Weakness
Heritage Image (Inc. Packaging)
Poor demand forecasting
Inneficient Product Planning
No measures of Productivity
Opportunities
Online Business
Organic Product Market
Threats
Limited Targets
Increase Competitors

Competitors
Godiva
Quality: Not as high as Charles
Price: 15% higher on average if high end products, 200~300% of Charles
Lindt
Quality: Mid-Quality chocolate bars and truffles
Price: About 90% of Charles
Delice
Quality: High, Good at frequent flavor introduction
Price: Similar to Godiva
Cardon
Quality: Moderate Product
Price: 35% lower than Charles offers 20-25% discounts for high volume orders
Belgian (Premium Chocolate)
Price Premium over Quality level Because of Distribution and Store Concept

Option (1) Improve Internal Design


Lower Variety of Products (Limit Batch Manufacturing)
Keep Better Track of Manufacturing
Introduce Electronic Accounting

Option (2) Market to a Younger Demographic


Change Packaging
Premium Online Sales

Option (3) Expand to New Areas


Increase Brand Name Recognition
Franchise Chocolate Stores
Open a New Factory

Decision Criteria
Profit
Maintaining the Brand
Maintaining Employee Relations

Recommendation
Combination Option 1 & Option 2

Implementation Plan

Lower Variety
Hire Inventory Analyst
Provide Digital Financing Course
Change Packaging
Promote Online Sales

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