Precision Worldwide, Inc. Case Study Involved Parties: Competitor-French Firm: Henri Poulenc Precision Worlwide, Inc.-German Firm Hans Thorborg-General Manager Gerhard Henk-Sales Manager Bodo Eisenbach- Development Engineer Patrick Corrigan-Parent Company Spokesman Background: Precision Worldwide, Inc. (PWI) manufactures industrial machines and equipment for sale in numerous countries. Repair and replacement parts account for a substantial part of the company’s business. The replacement
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trying to repair these defective parts, so Temko’s purchasing manager has released a request for quote for the short block castings. Unfortunately they only had one supplier who was interested that came back with an offer. The supplier that came back with the offer is ACE Manufacturing Inc. ACE is a small start-up company that is looking for work and is willing to invest their time and money in purchasing the precision machinery that will have to be used to make this part for Temko. Could Temko be
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Precision Worldwide, Inc case study. Begin by talking about the issues ….. Substantive Issues Raised. The primary issue at hand involves the relevant cost of a set of replacement parts. The parts, however, range from those that are totally manufactured and ready for sale, to those that have not yet been manufactured but for which raw material is on hand, to those that have not yet been manufactured and for which no inventory of raw material exists. The case solution turns in large part on
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University Linkages INTRODUCTION The Bataan Peninsula State University - Industry Consortia was institutionalized since the first year of offering of the College of Industrial Technology program by the year 1975-1976 up to present with a vision to recognize as the leading provider of motivated, practical, technically motivated, globally competitive and spirited Filipino workers. One of the key function as an eminent college is to bridge the gap between academic and industry to make CIT more
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: abcor_ind_corp05@yahoo.com.ph Member since: August 2001 Representative: JOSEPH ALAN T. ABRENICA Production Manager PRODUCT LINES/SERVICES Motorcycle parts / automotive components/ assembly of wire house racks Fabrication & Machining of tooling Requirements like Copper, Welding Tip & Crimping Tools for the Electronics Industry 3. ACME TOOLS MFG. CO., INC. 105 E. Delos Santos Avenue Mandaluyong City, 1554 Metro Manila T – 531-4906 * 531-5458 Fax: 532-1037 * 531-3968 * 534-5231 E-Mail : acme
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Module 3 1.In going through the plan it is my observation that the plan lacks in testing some areas, specifically the sales revenue and accounts receivable. Via info from the previous module we know there is no pre numbering for bills of lading and no other method to which these are accounted for. There are several things that could result from this weakness. We can conclude that there may be discrepancies in items shipped and items billed to customers. As well because of a lack of numerical reference
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ACTG 360 Case 2016/3/7 Precise Worldwide, Inc.(PWI), manufacturing industrial equipment and parts for sale in numerous countries, is facing a serious problem which is Henri Poulenc (a competitor) of a plastic ring substitute for the steel retaining rings presently used in certain machines sold by Precision Worldwide. The steel ring has an average normal life of about 2 months, but the plastic ring has an average normal life of about 8 months. Therefore, in my opinion, Hans Thorborg who is the
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largest companies and businesses in the region are: 1. Fuller Machine Company 2. Benson's Woodworking Company 3. Robblee Tree Service 4. Brailsford 5. Edmunds Hardware 6. Laconia Savings Bank 7. Landsite Corp 8. Rymes Heating Oils, Inc 9. Monadnock Paper Mills, Inc. 10. Alberto’s Restaurant 11. Crotched Mt. Ski & Ride Area 12. Common Place
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Precision Worldwide, Inc. Introduction When a competitor develops and introduces a superior product that is less costly to manufacture and even many times usable and durable, the key to people at Precision Worldwide must decide whether to match the competitor's product, when to do so, how to price or what sustainable competitive advantage it needs to adopt during the next strategic period, given that it holds a large inventory of its now inferior product. This issue concerns the steel and plastic
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Precision Worldwide, Inc. Introduction When a competitor develops and introduces a superior product that is less costly to manufacture and even many times usable and durable, the key to people at Precision Worldwide must decide whether to match the competitor's product, when to do so, how to price or what sustainable competitive advantage it needs to adopt during the next strategic period, given that it holds a large inventory of its now inferior product. This issue concerns the steel and plastic
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