1. Introduction
Steel and Tube is a New Zealand owned company with over 60 years of trading history. Steel and Tube are the leading suppliers of steel product and steel services of New Zealand. The company’s distribution and service network is spread in 40 locations in all over New Zealand and is listed among the top 50 companies on the New Zealand Stock Exchange in terms of market capitalisation.
Steel and Tube contributes to New Zealand’s economy in all sectors. The supplies range from infrastructure development to commercial and residential construction. The company also covers the steel requirements of rural sector; the company has also achieved expertise from manufacturing to heavy and light engineering.
The company boasts of its …show more content…
The report also includes an action plan of all the changes and improvements that would address all the issues. There is a detailed discussion of the risks that the business might face in the implementation of the new policies and suggestions to overcome the hurdles that the business might face.
1.2 Sources
The analysis of the company’s financial situation is done on the basis of the Annual report 2013 published on the company’s website. Few websites were referred to get the actual financial position of the company and the suggestions are based on the fictitious data provided in the assignment.
2. New Steel Beam Cost Analysis
I have prepared the Cost Analysis of the new range of extra strong 150mm wide steel beam products on the basis of the information provided.
New Product Costs analysis of Steel and Tube Ltd. 9m 12m 15m
Total Manufactured Product Cost $1,300 $1,720 $2,020
Direct Costs @ 55%, 50% and 45% $715.00 $860.0 $909.00
Therefore indirect % and costs =45%, 50% and 55% $585.00 $860.0
Steel and Tube is a New Zealand owned company with over 60 years of trading history. Steel and Tube are the leading suppliers of steel product and steel services of New Zealand. The company’s distribution and service network is spread in 40 locations in all over New Zealand and is listed among the top 50 companies on the New Zealand Stock Exchange in terms of market capitalisation.
Steel and Tube contributes to New Zealand’s economy in all sectors. The supplies range from infrastructure development to commercial and residential construction. The company also covers the steel requirements of rural sector; the company has also achieved expertise from manufacturing to heavy and light engineering.
The company boasts of its …show more content…
The report also includes an action plan of all the changes and improvements that would address all the issues. There is a detailed discussion of the risks that the business might face in the implementation of the new policies and suggestions to overcome the hurdles that the business might face.
1.2 Sources
The analysis of the company’s financial situation is done on the basis of the Annual report 2013 published on the company’s website. Few websites were referred to get the actual financial position of the company and the suggestions are based on the fictitious data provided in the assignment.
2. New Steel Beam Cost Analysis
I have prepared the Cost Analysis of the new range of extra strong 150mm wide steel beam products on the basis of the information provided.
New Product Costs analysis of Steel and Tube Ltd. 9m 12m 15m
Total Manufactured Product Cost $1,300 $1,720 $2,020
Direct Costs @ 55%, 50% and 45% $715.00 $860.0 $909.00
Therefore indirect % and costs =45%, 50% and 55% $585.00 $860.0