Kanthal Case Executive Summary Over the years Kanthal has used its traditional accounting management system to cost its products. In 1985‚ when Carl-Erik Ridderstrale became president he developed the Kanthal 90 plan to increase overall profitability. He quickly recognized that in order to implement this plan a new account management system was needed to supplement the new strategy. In lieu of this need a new account management system was devised. Under the new cost system‚ two broad sources
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Background Kanthal is one of the few manufacturers in the world offers multiple products among the market and three divisions gain an advantageous position in market and substantial growth. It operates in a global competitive environment because it is manufacturing facilities and the target market both face to the global as exportation make up 95% of total sales. However‚ its sales growth slow in matured market like Europe and the USA while rapid growth can be seen in the developing countries. Under
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Background Kanthal is a an Swedish company which is specializes in productions and sales of electrical resistance heating elements. The company produced 15000 items to about 10000 customers. Most of the sales revenue are come from outside of Sweden‚ about 95% in total revenue. There are three divisions in the company : 1. Kanthal Heating Technology‚ generate 25% global market share. 2. Kanthal Furnace Products‚ generate 40% global market share 3. Kanthal Bimetals‚ one of the few
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Kanthal Case Study Solutions INTRODUCTION:Kanthal is company that specializes in the production a nd sales of electrical resistance heating elements. Kanthal has about 10‚000 customers and they pro duce about 15‚000 items. The company consists of three divisions and these three divisions are as f ollows:1)Kanthal Heating Technology - 25% global market share2)Kanthal Furnace Products - 40% global market share3)Kanthal Bimetals - Manufacturer of one of the few fully integrated temperat ure
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Kanthal Write-up Agenda • Background and Contest • Kanthal SWOT Analysis • Kanthal 90 Account Management System • Kanthal 90 AMS limits and improvements 2 Write-up Agenda • Background and Contest • Kanthal SWOT Analysis • Kanthal 90 Account Management System • Kanthal 90 AMS limits and improvements 3 Background and Context: Kanthal’s situation • Kanthal was founded in 17th century‚ specialized in the production and sales of
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services can be very different Ridderstale wanted a new costing system that could determine how much profit was earned every time an order was placed. He also wanted to find the hidden profits and hidden costs in each order. Further‚ he believed that Kanthal had low profit and high profit customers depending on the demands that the customer placed on the administrative and sales staff. Under the old cost system: Ridderstale was also concerned that selling and administrative expenses formed the largest
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profits and losses can be ascertained through the Kanthal 90 plan. The Kanthal 90 will provide a new costing structure and environment that will allow the company and employess to determining where the actual profit or loss is hidden within the orders. With more accurate costing‚ management will have the tools to identify the best selling situations and determine the best placement of employees to generate the greatest profits and growth for Kanthal. As mentioned earlier‚ our current costing system
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Kanthal Case Study Solutions INTRODUCTION: Kanthal is company that specializes in the production and sales of electrical resistance heating elements. Kanthal has about 10‚000 customers and they produce about 15‚000 items. The company consists of three divisions and these three divisions are as follows: 1)Kanthal Heating Technology - 25% global market share 2)Kanthal Furnace Products - 40% global market share 3)Kanthal Bimetals - Manufacturer of one of the few fully integrated temperature control
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UNDERSTANDING THE CASE PROCESS INTRODUCTION The purpose of this section is to help you to understand what a case is and how you‚ as a student of business‚ can more effectively prepare your answers and benefit from a case discussion. The material covered in this section includes: 1. Understanding what a case is. 2. Reading a case effectively. 3. Analysing and preparing for a case discussion. 4. Reporting your case findings. 5. Discussing the case. 1. Understanding what a case is. Socrates
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& PRESENT YOUR ESOURCING BUSINESS CASE MAY 17‚ 2011 Can’t attend ISM’s 96th annual International Supply Management Conference this week? Don’t worry; we have some helpful notes from the conference to share with you. Lauren Panza‚ managing director of the greater Atlanta area for Iasta‚ attended the presentation‚ “Indirect Purchasing: Getting a Seat at the Table” yesterday morning. The presentation outlined how to build and present a strong business case to executives for indirect sourcing projects
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