‘AQL‘ stands for ‘Acceptance Quality Limit‘, and is defined as the “quality level that is the worst tolerable” in ISO 2859-1.It represents the maximum number of defective units, beyond which a batch is rejected. Importers usually set different AQLs for …
The finance head of Malaysia’s Top Glove shares efforts behind the scenes in the company’s production ramp-up. By Alexis See Tho 17 March 2020
The doubling of February orders means that it has to make roughly 5.8 billion more gloves in the coming weeks just to meet February’s additional demand. The usual lead time of 30–40 days was stretched to 50 days. This month when FM reached out again, orders are now 120 days till delivery, and its factories’ utilisation rate rose to 95%, up from 85% in February.
On the surface, a production ramp-up looks as simple as increasing inputs — raw materials, labour, and cash. But the experience of one manufacturer, Prestige Ameritech in the US, has shown that swift increases in production could create a risk that could almost destroy a business, according to a US National Public Radio report. In 2009 at the height of the H1N1 flu pandemic, Texas-based Prestige Ameritech hired more workers and built new machines to increase surgical mask production. But the machines took months to complete, and by the time they were ready, the swine flu crisis had ended and demand had died out. To add to its woes, there was oversupply in the market, and hospitals didn’t buy for months. The manufacturer almost went bankrupt, NPR reported.
Delivery lead time is increasely longer n longer ..
Meaning production output is not much increase..
The doubling of February orders means that it has to make roughly 5.8 billion more gloves in the coming weeks just to meet February’s additional demand. The usual lead time of 30–40 days was stretched to 50 days. This month when FM reached out again, orders are now 120 days till delivery, and its factories’ utilisation rate rose to 95%, up from 85% in February.
Topglove facing constrain due to spacing out workers to avoid infection
Also Topglove asking for more chemical production as demand now exceeds supply
Es_ceramic is supply hand formers to all Glove Companies in Malaysia, Singapore & Thailand (highest sale)
Thailand sri Trang Glove going to increase Glove production by 5 billion pieces from current 27 billion to 32 billion pieces bad for Top Glove but will be good for Es_ceramic as it sells to everyone irrespective of competitors or friends
vaccine progress is not smooth. Ytd UK die one volunteer. Remdesiver got side effect on human sperm. Phase 2 are still beginning. Covid 19 seems gonna affect human living style at least one to two years. Sad
Scientists, healthcare professionals, chemical industry workers, cleaning service workers, food processing workers, food handlers, law enforcement workers, beauticians or other workers having special protection needs, wear such gloves in their occupational environment.
Calvin explaintion hit logic button..all point to derivatives in healt care busnes .gloves ceramic gloves l-tex- equimnt(hlt) all products.supportng gloves manucftrg..etc N mny unkown cmpnies lying low ft decades like esceramic all suddnly bcome the focus to fight covid19 pndemc. I belive mny wer unkwn of thes derivatives cmpnies.until pandemic emerged...lik vntilatirs masks detrgents .. Busness coming to life but fr how long.. As it s a new nrml being created i blive thes industries wil thrived as mindset twrds clealiness hygienes surged!
Congratulations John , you should retreat as you have no clue what you are talking. Cut and paste statements is worthless in this environment. You need to be credible in your statements. I have no clue what you are trying to explain and infer. Goodbye to you I hope...
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Johnchew5
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Posted by Johnchew5 > 2020-04-27 11:08 | Report Abuse
Top glove Finance Director oredi mentioned labour shortage .. even worst with MCO ..