Grovil Woodcraft Philippines, Inc.: a case study

Date

1998

Degree

Bachelor of Science in Agribusiness Management

College

College of Economics and Management (CEM)

Adviser/Committee Chair

Mojica, Loida E.

Abstract

This study analyzed in-depth all aspects of Grovil WoodCraft Philippines, Inc. a woodcraft manufacturer engaged in exports. Findings from this can assist the owners of Grovil in their decision-making in order to cope with the dynamic business environment also, it can provide insights to potential entrants and investors who would like to engaged in similar ventures. Lastly, the study can also serve as a model for other similar firms. The study aims to present and analyze the status of Grovil WoodCraft Philippines, Inc. in relation to recent development with the intention of recommending strategies to maintain or increase the firm's productivity and profitability. Specifically, the study was conducted to discuss the present management practices of the firm, to identify and analyze problems encountered, and to present solutions for them. The descriptive method was used in conducting the case. Assessment of the present management strategies was done through observation and interviews with key company personnel, as well as visits to the firm's showrooms. Different financial tools were used to assess the financial status of Grovil. The problems of Grovil are the following: losses due to poor quality of the manufactured products, employee discontent due to wages, lack of safety measures as required by government regulations and projected decrease in demand for woodcrafts in the international market. To address the identified problems, the owners of the firm made use of the following strategies; regular maintenance of the firm's machines, use of shifts to maintain the housekeeping of the woodworking area, use of subcontractor liability, and the relocation of the spraying area in order to address problems due to quality. For problems concerning labor, Grovil increased wages according to government regulations. In order to address the low demand for woodcrafts in the international market, the firm is currently selling in the local market. The following are the recommended solutions to the problems faced by the firm: stricter enforcement of company rules concerning the inspection of machines, improvement of housekeeping practices, usage of containers to prevent the breakage of raw processed wood, and increasing subcontractors' liability to address problems on quality. Additional incentive systems can be used to address the problem of employee wages. Also, the firm should provide for safety measures as required by government regulations.

Language

English

Location

UPLB Main Library Special Collections Section (USCS)

Call Number

LG 993 1998 M17 B358

Document Type

Thesis

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