460 likes | 708 Views
Ryko Manufacturing Company: lonal. PDQ Presentation. History Product Line Competitive Comparison. Update To 1/25/01 Presentation. It is interesting to see how much or how little has changed in the last 18 months Ryko has moved forward with a very successful product launch of the OHD
E N D
Ryko Manufacturing Company: lonal PDQ Presentation History Product Line Competitive Comparison
Update To 1/25/01 Presentation • It is interesting to see how much or how little has changed in the last 18 months • Ryko has moved forward with a very successful product launch of the OHD • PDQ is still relying on the 4000 and the G5 has still not caught on
PDQ History • Dover Industries Purchased PDQ In May 1998 • Sales Were About $50 M And They Had 195 Employees At The Time Of The Purchase • “Red” Lewis Was To Remain As Chairman For Two Years • ALAN Jones VP/Manufacturing Was To Stay Onboard • Charlie Lieb COO Was Named President - He Had Joined PDQ From FMC In 1991
PDQ History • Update • Allen Jones Is Gone • Lewis Is Inactive • Lieb Is Still President • New Manufacturing Facilities Were Built in 1999
PDQ History • Dover Corporation • Worldwide Manufacturer Of Industrial Products • 50 + Operating Companies, 150 Plant Locations • 28,700 Employees • 2001 Sales $4.46 Billion (-14%) • Earnings Were $248.54 Million (-52%) • EPS (–67%) To $0.82 Share
PDQ History • Dover Industrial 2001 Results • Sales $1.16 Billion (-3.6%) • Profits $142.2 Million (-25.52%)_
PDQ Histroy • Dover Industrial First Quarter 2002 Results • Sales $270.0 Million (–13%) • Profits $41.7 Million +15% • Backlog $158 Million (-16%) • “PDQ also had a challenging quarter as neither the petroleum retailers nor investor markets have recovered after September 11.”
Harvard Business School Case • I Have Obtained A PDQ Company Profile Used In Case Study At Harvard On Strategic Planning • Charlie Lieb’s Son Is A Graduate And Returned To Review The Company Profile • Profile Dated June 1999
Harvard Case Study • PDQ Views • Domestic Market By Equipment Type • Self-Serve 35% • In-Bay Automatic 40% • Tunnel 25%
Harvard Case Study • PDQ Views • In-Bay Automatic By Wash Process • Friction 20% • Touchless 80%
Harvard Case Study • Feel They Are Largest Manufacturer • 90’s Grew From 26 To 200+ Employees • PDQ Differs From Ryko And Mark VII In That They Make Extensive Use of Sub Component Suppliers
Harvard Case Study • PDQ Engineering • 4 Engineers PI and Mfg • 8 Engineers New Product Development • 4 Technical Support People • Windows NT Computers with AutoCAD • PDQ Operations • Uses UNIX-Based Enterprise Management software For Mfg, Purchasing, Order Entry And Accounting
Harvard Case Study • Management Controls And Systems • Lieb -- Background Engineering At US Military Academy, 11 Years in Army, FMC Operations And Plant Management • Management By Wandering Around Was Hands On Using His Presence Io Attain And Maintain Control Until 1995/6/7 When They Started To Implement A Management System
PDQ Product Line • “Carefree” Touch-free Tunnel Product Line • Consists Of 26 Tunnel Components • The Burton Follower Arch, Gatling Gunner And The STA-SYS Tire Cleaner Are Still Part Of This Product Line • Laserwash In-bay Automatic Product Line • Consists Of The Laserwash 4000 Series And The Laserwash G5 Series And Support Components
Laserwash 4000 Series • The 4000 Remains The Heart Of The Product Line And Remains The Product That PDQ Is Best Known For And Accounted for Plus 80% Of Sales In 1997 • Still Today Many Distributors Refuse To Quote The G-5 Machine
Laserwash 4000 SeriesAreas To Attack • The Following Photos Show Some Key Areas Where We Have Significant Advantages With Our OHD Product • The 4000 Series Is A Product We Beat On Features And Performance, But Give Them Credit It Is Still A Competitor With A Good Reputation In The Market
Laserwash 4000 And Laserwind Docking Dryer Ryko Has A Choice Of Dryers That Work
Instruction Sign This Is As Glitzy As It Gets! Left Side Photo Eye
Right Side Photo Eye And Dryer Cord Not A Very Clean Look Vs Our OHD
The Heart Of Their Problems Twelve Horsepower Rubber Tired Tiller The Famous Little Green Dump Valve $$
Critical Bay Plate Locates The Left Side Of The Vehicle The Spray Arm Only Adjusts To The Right Side Of The Vehicle They Have A No Bay Plate Option That Is A Extra Cost (Rennie Comments)
New Wall Mount Month Old Mount Stainless Is Available But At Extra Cost
Laserwash G5 Experience Series Latest Offering From PDQ – Introduced In 1998 But Very Few Units In The Field Features Tape Drive, No Bay Plate And A Two Manifold System With Spinner Nozzles Many PDQ Dealers Still Not Quoting The G5
Laserwash Experience The Machine Appears Massive It Does Have Some Style Unlike The 4000 Series
The Arm Is Very Large And Has13 Spinner Nozzles And 8 Other Nozzles You Can See The Ultrasonics Located On The Support Frame Notice The Bay Length Required The Dryer Is A Fixed Part Of The Unit
The Framework Is Large And Has To Add Greatly To The Cost Of The Machine
The Wash Quality Was Good Except For The Film On The Windows - - Time 5:55 W SPDry
Spray Arm With Dual Manifolds How Long Will The Large Spinner Nozzles Last On Reclaim Water And How Much Will They Cost To Replace
New Dryer That Is Part Of The Machine A Cleaner Design With No More Hanging Cables But Does It Dry better? 200 AMP Service Required
View Of The Massive & Expensive Support System The Good News For PDQ It Won’t Rust Like The 4000
Photo Eye Mounted On A Large & Expensive Support Built Like A Tank And Costs As Much
Ultrasonics From PDQ Their Learning Curve Be May Steep, Already A 4 Year Delay
PDQ Competitive Comparison The Following Slides The Most Significant Competitive Points To Keep In Mind Before We Review These Please Keep In Mind That PDQ Is A Strong Player In The Market Place And We Should Learn From Their Strengths
Key OHD Advantages Vs 4000 • Fast Tape Drive • Stainless Steel Construction • No Rubber Tires • No Chemical Dumping • Speed And Wash Quality Of High Impact • No Bay Plate Standard
Key OHD Advantages Vs 4000 • Better Selection Of Dryers That Work • Speed & Coverage Of Dual Manifold+ Halo System • More Experience With Ultrasonic Systems • 5 Year Pump And Motor Warranty • No Bearings To Grease
Key OHD Advantages VS The G5 • Price Ryko Is $30,000 To $40,000 Less • Faster Cycle Times • Proven Ultrasonic Experience • Demonstrated Nozzle Life
Why Should PDQ Be Concerned • Ryko Touch Free Products • OHD Targets PDQ • Feature And Performance Advantages VS The 4000 • Performance And Price Advantage VS The G5
Why Should PDQ Be Concerned • Ryko OHD • 140 Plus Units Shipped In First Year Of Market Introduction • Momentum Is Still Building • AD Campaign Now Underway • 2002 ICA Show Hit • Product Performance Is Outstanding • Up to 30/40% Of Southeast Pending Business
Why Should PDQ Be Concerned • Ryko Friction Products • Customers Demanding Cleaner Cars • Major Oil Turning To Friction • Dealers And Jobbers Mixed But Likely to Follow Major Oil • Private Investor Side By Side Experience
Why Should PDQ Be Concerned • Ryko’s New Self Serve Product Line • A More Aggressive Sales Posture On Our Part • Strong Distributor OHD Marketing Efforts • Mailers • Presentations • Testimonials
Why Should PDQ Be Concerned • Continued Improvement Of Our Product Lines • Our People