PRECISION STEEL FABRICATION
Equipment Purchase Decision – Lase Tube Cutter
Business Case
Tejaswi Pinninti (TPINNI6348)
Executive Summary: The Primary issue that is faced by Precision Steel Fabricators (PSF) in this case involves whether we should be purchasing a new industrial laser tube cutter or should we continue using the same equipment’s that are being used currently. The final decision is on the hands of Tripper Hawthorne, the CEO of the company. The in-depth knowledge about new laser tube cutter and details of the potential equipment fabrication manufacturer’s we would like to buy them is provided by Sanjit Raj, the company’s vice president of the engineering.
We presently use the conventional cutting strategies at PSF, and given the present day monetary scenario we're in, it might be the right time to invest within the Tube Laser device as it would gift wonderful …show more content…
Therefore, making the likelihood of rehiring the same number of the late laid off representatives stay among the highest point of PSF's needs. In 2004, the enterprise started to turn around resulting in a 2004 sales forecast of $10 million for PSF. Industry analysis expected that the enterprise will keep growing in demand, giving PSF’s control crew a sigh of relief. According to PSF’s senior board member’s ideals, the agreement furnishings industry become ruled by four most important groups: Steelcase, HNI organization, Haworth, and Herman and Miller. Steelcase is the industry chief with sales of $2.3 billion, and is in Grand Rapids, Michigan. HNI is near in the back of with $2.1 billion, and placed in Muscatine, Iowa. Haworth and Herman Miller is both placed within the same geographic vicinity as PSF and had sales of $1.4 and $1.3 billion respectively. together those 4 businesses occupied eighty percent of the $8.9 billion
Equipment Purchase Decision – Lase Tube Cutter
Business Case
Tejaswi Pinninti (TPINNI6348)
Executive Summary: The Primary issue that is faced by Precision Steel Fabricators (PSF) in this case involves whether we should be purchasing a new industrial laser tube cutter or should we continue using the same equipment’s that are being used currently. The final decision is on the hands of Tripper Hawthorne, the CEO of the company. The in-depth knowledge about new laser tube cutter and details of the potential equipment fabrication manufacturer’s we would like to buy them is provided by Sanjit Raj, the company’s vice president of the engineering.
We presently use the conventional cutting strategies at PSF, and given the present day monetary scenario we're in, it might be the right time to invest within the Tube Laser device as it would gift wonderful …show more content…
Therefore, making the likelihood of rehiring the same number of the late laid off representatives stay among the highest point of PSF's needs. In 2004, the enterprise started to turn around resulting in a 2004 sales forecast of $10 million for PSF. Industry analysis expected that the enterprise will keep growing in demand, giving PSF’s control crew a sigh of relief. According to PSF’s senior board member’s ideals, the agreement furnishings industry become ruled by four most important groups: Steelcase, HNI organization, Haworth, and Herman and Miller. Steelcase is the industry chief with sales of $2.3 billion, and is in Grand Rapids, Michigan. HNI is near in the back of with $2.1 billion, and placed in Muscatine, Iowa. Haworth and Herman Miller is both placed within the same geographic vicinity as PSF and had sales of $1.4 and $1.3 billion respectively. together those 4 businesses occupied eighty percent of the $8.9 billion