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    Arowwai Industries

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    Joy Mallonga
    The document discusses financial management practices for HVAC companies. It covers strategies adopted like product costing based on manufacturing activity, pricing based on costs and competitors, and inventory management based on demand and season. Problems encountered include increased product costs affecting demand, difficulty setting competitive prices, and maintaining inventory stocks and forecasting seasonal demand.

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    Arowwai Industries

    Uploaded by

    Joy Mallonga
    11 views10 pages
    The document discusses financial management practices for HVAC companies. It covers strategies adopted like product costing based on manufacturing activity, pricing based on costs and competitors, and inventory management based on demand and season. Problems encountered include increased product costs affecting demand, difficulty setting competitive prices, and maintaining inventory stocks and forecasting seasonal demand.

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    The document discusses financial management practices for HVAC companies. It covers strategies adopted like product costing based on manufacturing activity, pricing based on costs and competitors, and inventory management based on demand and season. Problems encountered include increased product costs affecting demand, difficulty setting competitive prices, and maintaining inventory stocks and forecasting seasonal demand.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    11 views10 pages

    Arowwai Industries

    Uploaded by

    Joy Mallonga
    The document discusses financial management practices for HVAC companies. It covers strategies adopted like product costing based on manufacturing activity, pricing based on costs and competitors, and inventory management based on demand and season. Problems encountered include increased product costs affecting demand, difficulty setting competitive prices, and maintaining inventory stocks and forecasting seasonal demand.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 10

    St.

    Paul University Philippines


    Mabini St., Tuguegarao City,
    Cagayan, 3500 Philippines

    RESEARCH
    PRESENTATION
    MBA 202 - FINANCIAL MANAGEMENT
    INTRODUCTION
    HVAC stands for Heating, Ventilating, and Air Conditioning
    The term is used to describe a complete home comfort system that
    can be used to cool and heat our home and also to provide
    improved indoor air quality.

    Financial management practices in the context of air conditioners


    and appliances encompass a range of strategies and techniques
    aimed at optimizing financial efficiency and effectiveness in the
    acquisition, utilization, and maintenance of these essential
    household or commercial items.
    REVIEW OF RELATED LITERATURE
    Related literature focuses on the application of deep learning in
    facility management and maintenance for HVAC that will help
    HVAC businesses and researchers to imply how deep learning
    can affect and improve the performance not only by the product
    but also the quality and service it serves to the end users.
    (© 2022 The Authors. Published by Elsevier B.V.)
    STATEMENT OF THE PROBLEM
    This study aims to determine the essence of financial
    management of HVAC companies in different areas;

    1. What are the strategies adopted by the management


    2. What are problems encountered by the management
    as to the following decision issues:
    a. Product Costing
    b. Pricing
    c. Inventory Management
    STRATEGIES A. Product Costing
    The product cost varies on the
    OF THE activity required to produce the item,
    new features and product designs
    also sum up cost.
    MANAGEMENT
    B. Product Pricing
    The pricing of each product depends on
    the cost of the manufacturing. Setting
    their price by comparing prices with their
    competitors in the market, discounts are
    also offered to loyal customers.

    C. Inventory Management
    Their inventory depends on the number of demand. They
    reduce the quantity of the products when they notice
    that demand is low.They manage inventory based on
    season and demands, during the summer season
    inventory is high, but most of the time they limit
    inventory and take pre-orders to avoid over inventory.
    A. Product Costing PROBLEMS
    An increase in Price is one of the problems
    encountered by the management because it could
    ENCOUNTERED
    affect the demand, especially in bulk orders.
    Customers may tend to shift to another brand with BY THE
    a lower price and better features.
    MANAGEMENT

    B. Product Pricing
    Dealers encounter difficulty in setting
    prices that are both competitive and
    profitable, in adjusting prices in response
    to changes in the market

    C. Inventory Management
    Most of the problems encountered by
    HVAC dealers are maintaining the
    inventory stocks and forecasting the
    inventory due to seasonal demands.
    Result andDiscussion
    Effective financial management on finances
    of HVAC companies can improve profitability,
    increase cash flow, and reduce cost which leads to an
    increased ability to invest in new equipment, expand
    new markets, increase competitiveness, and reduce
    financial distress.
    Conclusion
    Financial management has a great impact on every
    business, it makes the operation and cycle flow
    gradually. It helps the business cycle to be more
    synchronized and will help to increase the possibility
    of the business to compete in the long run. In this
    study, HVAC companies should consider factors that
    need improvements and consider benchmarking to
    increase the profitability of the business.
    THANK YOU!

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