PSR = Problem, Solution, Result
Here are examples of challenges that I have solved in various marketing roles, with responsibilities for corporate vision, product strategy, project management, product planning, customer management, and product development.
1. CREATIVITY and “THINKING OUT OF THE BOX”
Problem
Customer requested an assembly contract from parts manufactured outside the
company. The total production cost was exorbitant.
Solution
a. I explained to the customer the advantages of contracting the entire project,
from defining the product features to mass production. I focused on potential
savings in customs, import and exports policies, and lead times.
b. I negotiated the production cost with my supply chain.
c. I launched our marketing campaign from inception to implementation by building
strategic alliances and partnerships.
Result
a. Consequently, the customer awarded the entire contract to our company.
The customer was satisfied that their requirements were being fulfilled.
b. The initial proposal was $1m. At the end of the negotiation, the contract
was worth $5m.
c. Company’s credibility and image were improved by closing large deals
with a top OEM client.
d. Company recognized improved customer satisfaction and accelerated sales.
2. COMMUNICATION
Problem
While I was working as a Senior International Project Manager, the company's
major challenge was to communicate internally with 10 locations worldwide
and externally with its global customers. The most significant problems were
caused by the language barrier and time zone differences. This required delegation,
team building and organizational, planning and scheduling skills.
Solution
a. Since I have lived in 8 countries and am multilingual in 8 languages, I
can better understand local customers’ requirements and nonverbal language
and customs.
b. I conducted the Zio project (flash memory reader for the digital multimedia
industry) globally by coordinating a team of 50 people.
c. I removed the language barrier by communicating to my team and suppliers
in their local languages.
d. I delegated the appropriate tasks with explanations and objectives.
Result
a. Company launched cost-effective product, which generated additional $20m
in sales revenue.
b. Company gained over 50% GPM (Gross Profit Margin).
c. Product quality and durability were improved. The product can “self-market”
and has a modern look and feel. It is light, durable, high quality, and easy
to use.
d. Lead time was improved by 4 months. Product was shipped to the customer
1 quarter ahead of schedule.
e. Top management was very content, as I brought in additional revenue that
was not previously foreseen.
f. Production costs were reduced by $12m during the first year through having
an efficient network and operation in Asia.
3. LEARDERSHIP
Problem
10 worldwide branches lacked common communication and team goals.
Solution
a. I defined the tasks and objectives together with a group of 50 people.
b. I coordinated the project with R&D, and with electrical and mechanical
engineering.
c. I investigated and trouble-shot all problems that occurred following ISO
correction processes.
d. I flew to Asia frequently to supervise teams directly.
Result
The profit margin was increased by an additional 25%.
4. COST REDUCTION
Problem
The company had a challenge to produce a cost-effective computer peripheral
product, a USB flash memory card reader.
Solution
a. I enhanced the product from its original bulky, long cable, low quality
design to a cableless product. I recommended product functional and cosmetic
changes and improved its ID (industrial design).
b. I improved QA (Quality Assurance) and ISO 9000 compliance procedures.
c. I successfully moved production from Taiwan to China.
d. I negotiated $30m of contracts with suppliers.
Result
a. This is one of my greatest accomplishments, as I generated $20m in revenue
from a $10 per unit computer peripheral product.
b. Product was the division’s top revenue generator, highest volume,
and lowest cost.
c. Product Zio was the #1 selling product in the market, gaining 60% market
share worldwide.
d. I gained a good reputation and was well-respected within the global branches.
e. I earned nicknames of “Queen of Zio” and “Mother of Zio”.
5. PROBLEM SOLVING
Problem
COB (chip on board)’s production line was down. Production was at a
stand still, due to poor yield and bad die quality.
Solution
a. We worked day and night to resolve the problem.
b. I defined the problem and documented it in a report.
c. I determined the cause, which was the poor die quality and mishandling
of die during packaging and delivery.
d. I recommended solution by using ISO procedures and corrective action plan
to prevent future mishandling and miscommunication. This was done by coordinating
multiple conference calls with Asia, Europe, and US.
e . I implemented the plan with a personal visit on site in Taiwan to supervise
the new implementation.
Result
a. Production was restarted and yield improved by almost 30% (from 70% to
98%).
b. Products were shipped to the customers on time.
c. Revenue for the quarter was saved.
d. Future line-downs were avoided.
e. Communication and delivery procedures with fab suppliers were improved.
f. Management was pleased, as they had met the numbers that investment analysts
were looking for.
6. QUALITY IN
YIELD CONTROL
Problem
The product had low yield rates due to quality. Failure rate was at 30%-40%.
These products had to be scrapped, and the company could no longer produce
the product, due to expense.
Solution
a. I motivated the team and analyzed the causes of low yield.
b. I have a passion for the product and worked with my colleagues and suppliers
with an open door policy.
c. I gained respect from everyone, and we all made a tremendous effort, which
led to a successful product launch.
d. I enforced ISO 9000 standards.
Result
a. Quality yield improved by 30%, from 70% to 98%. Scrapped rate was
reduced significantly.
b. Company saved $12m and reduced production time significantly.
c. Division was saved due to successful product launch and positive income.
7. GENERAL MANAGEMENT
Problem
Corporate alliances agreements needed to be established.
Solution
a. I cultivated new strategic relationships with major OEMs.
b. I met financial goals for product lines.
c. I managed a team of 50 to win sales contracts.
d. I implemented ISO processes to manage full PLC (Product Life Cycle) from
NPI (New Product Introduction) to EOL (End of Life).
e. I analyzed pricing, forecasted sales and allocated products to customers.
f. I managed cross-functional project management teams.
g. I provided technical knowledge and interfaced with engineering to ensure
quality and timely delivery of products to customers.
h. I developed product data-sheets, MRDs (Market Requirement Document), and
PRDs (Product Requirement Document).
Result
a. Product was launched successfully.
b. 60% of the market share was captured.