https://padlet.com/sally_kaldas/a8aq12gyfq717slt They spent all that money on new machinery - and now they use spare capacity to process drinks for other companies en-us 2021-05-12 16:33:55 UTC 2021-05-13 10:32:38 UTC hello@padlet.com https://padlet.net/icons/png/1f964.png https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520538302 Seems to be relatively able to maintain revenue above costs because of negotiating power over customers ]]> 2021-05-13 10:09:53 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520538302 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520538629 Limited experience as a toll processor, so harder to charge correct prices to ensure sufficient margin is obtained]]> 2021-05-13 10:10:12 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520538629 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520538701 This provides some background on how the process works, contracts etc]]> 2021-05-13 10:10:17 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520538701 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520538712 TT initially only had knowledge from the point of view of a customer and not the commercial, contractual and operational knowledge as a supplier.]]> 2021-05-13 10:10:18 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520538712 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520538798 The first contracts entered into were "too generous" and the price agreed was too low, this may lead to onerous contracts if costs increase and the term of the contract is long.]]> 2021-05-13 10:10:24 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520538798 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520539130 Poor fruit from a customer could lead to inability to meet other contracts and loss of reputation]]> 2021-05-13 10:10:43 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520539130 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520539235 2021-05-13 10:10:51 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520539235 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520539571 Initially had a range of issues which took considerable advisory and management time to identify and organise. Suggests if new issues arise in future TT may not know how to fix straight away due to this division still being a new aspect to the business]]> 2021-05-13 10:11:11 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520539571 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520539972 Are they able to repay the loan/meet loan covenants? ]]> 2021-05-13 10:11:27 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520539972 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520540027 No need to stay local - logistics costs may increase but could be recovered in the fee]]> 2021-05-13 10:11:30 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520540027 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520540241 2021-05-13 10:11:43 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520540241 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520540267 As high levels of infrastructure are required in this industry which is seen as a barrier to entry, new entrants may choose to use TT's TP facilities increasing business opportunities in this area]]> 2021-05-13 10:11:45 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520540267 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520540894 Offered 60 day credit terms originally which worsens working capital and is noted that TP customers can be significant credit takers]]> 2021-05-13 10:12:25 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520540894 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520540929 2021-05-13 10:12:28 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520540929 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520541232 This encourages TP customers as TT have a good reputation in the market and their technology should be quite up to date]]> 2021-05-13 10:12:43 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520541232 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520541326 with experience TT's estimates became more reflective of the cost of TP operations. ]]> 2021-05-13 10:12:49 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520541326 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520541696 Could be helping competitors in the juice industry and then presents a self interest threat re quality provided]]> 2021-05-13 10:13:08 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520541696 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520542561 2021-05-13 10:14:04 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520542561 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520542677 Complex problems sometimes arise which can lead to increase costs and pressure on margins]]> 2021-05-13 10:14:09 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520542677 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520542719 gross profit margin has stayed constant at 43% over 2014 and 2015 and revenue has grown by more than 124% during 2014-2015.]]> 2021-05-13 10:14:11 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520542719 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520542729 Estimates used for processing and toll contract costs at 20% & 10%. May price TT out of some work but may not be high enough in the fee for others]]> 2021-05-13 10:14:12 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520542729 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520543889 with paperwork relating to transport of fruit through Turkey and across its borders. Delays in transport could lead to delays in other aspects of business]]> 2021-05-13 10:15:27 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520543889 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520544377 Ensures management time is not taken up to greatly while allowing the department to develop expertise over time, Paul Klakter leads. ]]> 2021-05-13 10:16:00 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520544377 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520544412 They managed to get the tech required at a reduced price initially due to a competitor going out of business but future technological upgrades may not be as affordable]]> 2021-05-13 10:16:02 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520544412 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520545167 Dax specialises in negotiating prices with supermarkets - was able to negotiate a price with supermrkets that was atleast 20% higher than the equivalent price for Jat grapes. ]]> 2021-05-13 10:16:48 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520545167 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520545626 This investment may increase productivity and efficiency as well as capacity. Building could also be increased if needed - Currently only utilise spare capacity.]]> 2021-05-13 10:17:20 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520545626 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520545960 Dax could demand higher agent fees in future if this division becomes more successful]]> 2021-05-13 10:17:41 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520545960 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520546361 Fees set in advance based on estimates and so no unexpected costs can be passed on to the customer and must be absorbed, affecting margins]]> 2021-05-13 10:18:06 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520546361 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520547949 Kadar used local agency to ensure quality control and obtain official quality document required. TT noticed inconsistencies in this doc - may mean quality checks are not being done to TT's standard - can have a knock on effect which can lead to reputational damage if customers are not happy with the quality]]> 2021-05-13 10:19:40 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520547949 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520548863 A customer could supply contaminated fruit which could then contaminate other customers or TTs own fruit.]]> 2021-05-13 10:20:35 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520548863 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520549241 Improving margin at 43.1% for 2015 may be an opportunity to increase the TP mix of sales to shift towards higher margin activity.]]> 2021-05-13 10:20:51 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520549241 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520553538 Often requests/ orders will vary from customer to customer, which requires flexibility and a huge amount of technical experience/ knowledge, if they are to do a satisfactory job. ]]> 2021-05-13 10:24:58 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520553538 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520557518 due to the fact customers pass over cost efficiency and expertise. ]]> 2021-05-13 10:28:44 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520557518 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520558748 Ensured on every batch and ay poor quality produce removed to ensure top quality apple juice.]]> 2021-05-13 10:29:54 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520558748 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520558939 Any of those suffering from cashflow issues will likely result in the juice being disposed of and written off. I.e. their product cannot be passed over to another customer. ]]> 2021-05-13 10:30:00 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520558939 https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520560775 Any spare capacity of the Toll processing could result in new products/ efficiencies made elsewhere in TT. ]]> 2021-05-13 10:31:49 UTC https://padlet.com/sally_kaldas/a8aq12gyfq717slt/wish/1520560775