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Worldwide Exports. Quarter 4. Quarterly Update. Electronic Division CD Division Electronic Instruments Division. Executives’ Vision. The Executive Team met earlier this month to discuss the company’s status and vision for the future. Jim Olson updates us in this month’s newsletter.
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Worldwide Exports Quarter 4
Quarterly Update • Electronic Division • CD Division • Electronic Instruments Division
Executives’ Vision The Executive Team met earlier this month to discuss the company’s status and vision for the future. Jim Olson updates us in this month’s newsletter.
Market Conditions Opportunities Challenges Increasing competition Higher freight codes Materials shortages • Pent-up demand • Lower Tariffs • Lower interest rates
Overall Status • High Customer Satisfaction • Fewer complaints • Increased number of referrals • Introductions of New Technologies • Increase Sales Worldwide • Imported Electronic Instrument Division Launched
Electronic Division • Primary Goal = Become Worldwide Leader
Electronic Division Status • Record Earnings • Revenues increased 54% • International sales heading sales growth • Revenues per employee to exceed $150K • Rising Competition • Emerging Markets Yield Biggest Payoff • New Products Show Promising Sales
Electronic Instrument Division • Primary Goal = Increase Gross Margin
CD Division Status • Gross Margin up by 4% • Ten New Products This Year
Worldwide Services • Berlin • Buenos Aires • Nairobi • New York • Tokyo