Financial Management
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Analysed financial statements
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Created budget for small business
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Capital investment analysis case study
Capital Investment Analysis Case Study
Glovy is a Singaporean gloves company that produce for various industrials such as fabric, PVC, welder, and leather gloves (industrial gloves). Established in 2015, Glovy gloves are used by clients like Konica Minolta, Seagate and Maincon which requires gloves for their business. Most of the general-purpose production are automated which makes their employees already have the experience in using machineries. Glovy business is steady but the growth is not significant in selling industrial gloves due to competitive environment that is selling in cheaper price, especially the biggest importer is from China. Their goal is to achieve a double-digit growth because they see a lot of opportunities in the future within the Coronavirus pandemic situation. Medical gloves are on high demand and an urgency in the medical sectors due to sudden surge until the major producers also can’t handle the situation.Therefore, they are considering on expanding their products into medical and research sector.There are few things to be considered as the medical sector requires higher standard quality of manufacturing and safety standards. According to the Quality Assurance Manager, If Glovy expands the company they will be the only local manufacturer for medical gloves. Then they are expecting to expand to ASEAN region in the 3rd or 4th year.To achieve those goals, they need to purchase investments on machineries. Instead of purchasing precision cutting machine and CAD/CAM system, the medical gloves production needs special machines such as the production machine, tensile machine and packing machine.Those machines will be the consideration of capital investments for Glovy medical gloves production.
Case Study Presentation