Fresatrice Bertone Group - Teaching Note

This case deals with an Italian company that produces machine tools (milling machines), an expensive product in a very competitive and cyclical industry. It discusses the Taylor production system, which is extremely complicated and involves mass production. The case presents the effects of the recession on P&L accounts and balance sheets and possible solutions.This case deals with an Italian company that produces machine tools (milling machines), an expensive product in a very competitive and cyclical industry. It discusses the Taylor production system, which is extremely complicated and involves mass production. The case presents the effects of the recession on P&L accounts and balance sheets and possible solutions.

This case is based on the the case Fresatrice, F-871-E, from the same author.
Collection: IESE (España)
Ref: FT-136-E
Format: PDF
Number of pages: 13
Publication Date: Apr 4, 2024
Language: English

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Description

This case deals with an Italian company that produces machine tools (milling machines), an expensive product in a very competitive and cyclical industry. It discusses the Taylor production system, which is extremely complicated and involves mass production. The case presents the effects of the recession on P&L accounts and balance sheets and possible solutions.This case deals with an Italian company that produces machine tools (milling machines), an expensive product in a very competitive and cyclical industry. It discusses the Taylor production system, which is extremely complicated and involves mass production. The case presents the effects of the recession on P&L accounts and balance sheets and possible solutions.

This case is based on the the case Fresatrice, F-871-E, from the same author.
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Learning Objective

1. Topics of the case:
- Financial consequences of the industrial production process or how production affects the balance sheet.
- Cyclical NFO. How the economic crisis affects the balance sheet and specifically the NFO (need of funds for operations or net current assets).
- It also provides some shortcuts to do balance sheet analysis and forecast.
2. Pedagogical use. I recommend using this case after having discussed PolyPanel and Baby Dolls.
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"Fresatrice Bertone Group - Teaching Note"