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PHILIPS
“INNOVATION
AND
YOU”
PRESENTED BY:
SAVERA YOUNUS
TABLE OF
CONTENT
Introduction to company
Mission statement
Vision statement
Product lines
Competitors
Cost of goods sold statement
Graphs
INTRODUCTION
 Philips of Netherlands is a diversified technology
company.
 It started as a manufacturer of electrical products in
1891.
 Founded by Frederick and Gerard Philips.
 Its headquarters are in Amsterdam (Netherlands)
 Introduced product lines in the areas of health care,
consumer lifestyle, and lightening.
BRAND
PROMISE
MISSION
“To improve the lives of people through
meaningful innovation, innovation is the
core of everything we do. By tracking global
trends and challenges faced by people , we
ensure that people needs remain at the heart
of our innovation endeavors.”
VISION
“At Philips we strive to make the world more
sustainable through innovation. Our goal is to
improve the lives of 3 billion people by 2025.
We will be the best place to work for people,
together we will deliver superior value for our
customers and stakeholders.”
BOARD OF
DIRECTORS
PRODUCTS
It offers products like:
 Lightening products( lamps , luminaires etc.)
 Audio products( wireless speakers, headphones, DJ
mixers etc.)
 Healthcare products( clinical informatics, imaging
systems, blood pressure equipment)
 Consumer lifestyle products( hair styling
equipment, compact blender etc. )
COMPETITORS
Orient
Pell
Haier
Sony
Dawlence
COST OF
GOODS
SOLD
Hyperlink to CGS Statement
GRAPHS
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
Manufacturing Cost
2013
2012
Cont…
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
Cost of Goods Manufactured
2013
2012
Cont…
720,000
740,000
760,000
780,000
800,000
820,000
840,000
860,000
880,000
900,000
Cost of Goods Sold
2013
2012
Comparing manufacturing cost with
D.M, D.L & FOH
2013
 D.M=18.3%
 D.L=38.03%
 FOH=43.64%
2012
D.M=12.81%
D.L=21%
FOH=66%
DIFFERENCE IN W.I.P
-8000
-6000
-4000
-2000
0
2000
4000
6000
Diffrence between Work in Process
2013
2012
COSTING
SYSTEM
Philips uses the job order costing system as
it manufactures:
- Consumer lifestyle products
- Electronics
-Healthcare equipment
ANY
QUESTIONS?
THANK
YOU!

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PHILIPS