BOARD OF DIRECTORS · BOARD OF DIRECTORS : Mr. Shilpan P. Patel Chairman & Managing Director
Titan International Report to Board of Directors
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Transcript of Titan International Report to Board of Directors
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8/6/2019 Titan International Report to Board of Directors
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Report to the Board of Directors
Titan International
Caitlin Barkdoll, Colin Hickey,
Trevor Noonan and Andrew Schroeder
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Titan Internationals mission is to be the most successful microcomputer
company in the world at delivering the best customer experience in everymarket we serve. We strive to provide our customers with the highest
quality, latest technology, and most competitive pricing throughout ourinternational market. Titan prides itself on being the bridge connecting
humanity to technology through customer dedication and service.
We want Titan International to represent a worldwide powerhouse ofcomputer technology.
Titan International. Connecting the world with technology.
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Business Plan Features
Advancing our technologies
Research and Development
Investment in the future
Tailoring to consumer based needs
Through brands, pricing and advertising
Expanding when possible
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Strategy and Performance
Main strategy: to create high quality, reliable brandsand market them to meet demands throughout the world
Create excellent brands and ads before expanding.
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Strategy and Performance
Invest
in each of the different sales training and incentiveprograms
Invest to improve changeover & decreasemanufacturing expenses
Invest in Research & Development
Strive for a high productivity for both sales people andfactory workers
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Performance Overview
The change in operating capacity and target and
replenish point increased our sales
The use of 3 R&D features greatly increased ourbrand judgments
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Current Situation and Market
Made a large increase in our market position in the last 4 quarters
Wealth
Quarter 9 .05Quarter 10 .01Quarter 11 .01Quarter 12 .23
Quarter 13 .22
Financial performance
Quarter 9 -3.47Quarter 10 2.67Quarter 11 4.26
Quarter 12 29.75
Quarter 13 23.48
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Current Situation and Market
Emergency loan in quarter 10 held us back but
we were able to make changes and bring manyratios up by the end of quarter 12
Increase in financial performance and asset
management ratios
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Titans Future
The firm will enter quarter 13 with
8 sales offices
3 high ranked brands
In quarter 14 a 4th R&D feature will be available to incorporate intoall existing brands
Quarter 15 and beyond Open sales offices in a third country
Develop higher ranked advertisements
Continue to increase financial performance and wealth
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Opportunities & Problems
Opportunities
Moving internationally
Investing in the firms future Low stock outs for multiple quarters
Training and rewarding sales people
Problems
Financial performance and wealth Errors in operating capacity, demand projection and taking out an
emergency loan
Target and replenish point