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A short introduction of the product transfer program. 2nd Marketing, Communications and Sales Meeting Business Unit Industrial Services Christian Nowak . Concept. Transfer of existing products / services from one TÜV NORD company to another to enlarge the local company´s product portfolio
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A short introduction of the product transfer program • 2nd Marketing, Communications and Sales Meeting Business Unit Industrial Services • Christian Nowak
Concept • Transfer of existing products / services from one TÜV NORD company to another • to enlarge the local company´s product portfolio • to strengthen local and international presence
Rules • (Re)act on existing local demand, currently not met by the local company – no products which are already offered in that area • Sustainable product transfer (not only (single) project-based) with a fit to strategy • Commitment of local & training company required • Size of the local company has to be considered (critical mass) • Macroeconomic parameters within the local market have to be considered
Product Transfer Manager (PTM) • Locally managed function with working contract in local TN company • Local role to act on existing local demand, currently not met by the local TN organization. • Objective is to • build on an existing strong product / know-how or market/customer position • serve the local market • initiate the start-up phase • build up local capacity, know-how and processes in the local company • Training time between 3 to 12 months
Costs: Product Transfer Budget (PTB) • PTB will cover the costs during the training phase (defined budget esp. for the HR-costs for Trainer & PTM) • Costs for market analysis and additional support (day to day business) are not covered by the PTB • Project transfer plan & budget have to be approved by management of TNS / TNI Costs of the training company (TC) • Trainer´s costs (cost based rates + 5% profit margin) – for the training phase (know-how / process / quality) and training on the job • Business expenses (lodging, travel) Costs of the local company (LC) • PTM’s costs (cost based rate) for the training phase and training on the job • Business expenses (lodging, travel) • (Accreditation fees) • (Equipment)
Financing: Product Transfer Budget (PTB) • Financing has to be defined for every individual Product Transfer Project (in cooperation with SFF) especially for local companies with JV constellation • PTP will be financed by • Abandonment of dividend distribution • Appropriated funds • Credit (TN AG) • Shareholders’ resolutions have to be prepared & bonus agreements have to be adapted accordingly • PTB will be controlled by SFS during the project • Business plan (planned turnover) will be controlled by SFF