Framework for developing product strategy for Configure-To-Order products

Anna Myrodia, Lars Hvam

    Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

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    Abstract

    Companies producing customized products tend to increase the variety of their product portfolio, in order to fulfill the demand of their customers and align with the competitors. Nevertheless the profitability of the product families may vary greatly. The purpose of this paper is to analyze profitability of Configure-To-Order (CTO) products. The framework consists of a 4-step model: Analysis of product assortment, Profitability analysis on configured products, Market and Competitors analysis, Scenarios for future product assortment. The suggested framework is tested on a company. The results in terms of product delimitation and experiences gained from the case study are further discussed.
    Original languageEnglish
    Title of host publicationProceedings of 6th International Conference on Mass Customization and Personalization in Central Europe (MCP-CE 2014)
    Number of pages11
    PublisherUniversity of Novi Sad
    Publication date2014
    Publication statusPublished - 2014
    Event6th International Conference on Mass Customization and Personalization in Central Europe - Novi Sad, Serbia
    Duration: 23 Sept 201426 Sept 2014
    Conference number: 6
    http://www.mcp-ce.org/

    Conference

    Conference6th International Conference on Mass Customization and Personalization in Central Europe
    Number6
    Country/TerritorySerbia
    CityNovi Sad
    Period23/09/201426/09/2014
    Internet address

    Keywords

    • CTO products
    • Product variety
    • Profitability analysis

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