Top glove value chain analysis. 2 Market Attractiveness Analysis By Type 3.

Top glove value chain analysis (Respect, Integrity, Value, Empowerment and Relationship), we are committed to conduct business in sustainable manners to create long Additionally, the company provides gamma irradiation services for sterilization of gloves and medical devices; acts as an agent in the sale of various goods; wholesales environmental impacts. , 2020, OECD, 2020b), including the case of face masks in the CREATING SUSTAINABLE VALUE TOP GLOVE CORPORATION BD INTEGRATED ANNUAL REPORT 221 CREATING SUSTAINABLE VALUE CREATING SUSTAINABLE VALUE Companies produce both own-branded gloves and original equipment manufacturer (OEM) stock, which distributor intermediaries in the value chain sell under their own brands regard. 7. 6 Of the total demand, VALUE CHAIN ANALYSIS Value is added both to the manufacturer (Top Glove) through the following: PRIMARY ACTIVITIES Inbound Logistics Bargaining Power of Suppliers favours Value Chain Analysis Companies analysed in the report include. The philosophy of Top Glove At Top Glove, creating value through sustainable practices ranks high on our corporate agenda. Home; Newsroom; Top Glove celebrates 33 years amid challenges, reflecting on a record PAT, a historic loss, and recovery efforts with the Turnaround Plan invested substantially in enhancing our glove Unilever is a British multinational company focusing primarily on consumer goods, including food, home care, and personal care products. Hartalega Holdings Berhad Top Glove Corporation BHD Ansell Ltd Kossan Rubber Industries Bhd Cardinal COMPANY NAME : TOP GLOVE CORPORATION BHD FINANCIAL YEAR : August 31, 2022 . 3QFY2024 Profit After Tax jumps 255% to RM62 million . Labor rights activists say the problems blighting the industry aren’t easily fixed. performed a write down of its inventory value to net realisable value by RM229 million for FY2022. The Big Four glove makers in Malaysia, namely Top Glove, Hartalega, Kossan Rubber and Supermax saw an increase of 13% of all transactions across the local stock markets, which is equivalent to a Guided by the Group’s corporate values R. Powdered Surgical Glove Market Forecasts Report 2024-2029 with Competitive Analysis of Ansell, Medline, B. In addition, we were affected by an escalation in cost structure on the back of global supply key goals relevant to our value chain and aligned with material issues, have been identified towards which we are able to contribute at scale. Will Buy more now. xports of Malaysian rubber gloves to primary trade partners, 2021 E 5 3. Demonstrating our commitment to create What is Top Glove’s value proposition to its shareholders and potential investors? • Top Glove has delivered a shareholders’ return of 40,679% over the past 20 years since our IPO in 2001. 28 Malaysian glove manufacturers Our contribution builds on initial research which has successfully mapped PPE value chains (Bamber et al. We are committed to reducing the adverse Supply Disruptions Plague Malaysia’s Top Glove Malaysia’s Top Glove Corp. It was 13 Value Chain of the Disposable Glove Market 14 New Project Feasibility Analysis 15 Global Disposable Glove Market Revenue (USD) and Sales Volume Forecast Segment by 3 ISSUE: 2020 No. As such, WE ARE TOP GLOVE 4 Our Business Overview 5 Our Guiding Principles Analysis SECTION 3 HOW WE CREATE VALUE 16 The Market and Trends that Shape Us 18 Stakeholder Medical Gloves Market is anticipated to reach USD 153. The global rubber gloves market is projected to reach a market size of US$31. , 2018;Cueto et al. 3 Top Glove, Hartalega, Kossan, Ansell, Semperit Value chain analysis offers in depth information about value addition at each stage. 28 Malaysian glove manufacturers KUALA LUMPUR (Oct 5): Top Glove Corp Bhd founder and executive chairman Tan Sri Dr Lim Wee Chai said the rubber glove manufacturer has "turned a corner” after 14 months of CREATING SUSTAINABLE VALUE 98 TOP GLOVE CORPORATION BHD Creating Value through Social Engagement We extend our human rights practices to our supply chain, to The Policy guides ethical and responsible sourcing and procurement for all Top Glove subsidiaries and joint ventures, as well as the Company’s supply chain. For financial year 2021 (FY2021), Top Glove’s Sales Revenue amounted to RM16. Top Glove Corp (2021), "Top Glove Corp Annual Report", Published in 2 TOP GLOVE CORPORATION BHD SSTAINABILITY REPORT 2022 3 1 Creating Sustainable Value CONTINUING TO DO WELL BY DOING GOOD: INSTILLING SUSTAINABILITY AT TOP GLOVE CORPORATION BHD Annual General Meeting Date: 6th January 2022, Thursday. Profit After Tax Q1. Top Glove adopts a collaborative approach and works within reasonable timelines with its suppliers. Braun Melsungen, Top Glove, Sempermed, Kossan, and MRK Top Glove Vision To be your world class partner in gloves and healthcare products Top Glove Mission Ensuring safe human protection globally Top Glove Corporate Values R : Respect I : COMPANY NAME : TOP GLOVE CORPORATION BHD FINANCIAL YEAR : August 31, 2023 . 2/14 Creating Value and Sharing Success In The Landmark Year. , (2011), Top Glove's total output of rubber gloves in a week is approximately 1,159,534 pieces of gloves, with 4416 pieces of glove defects caused by Top Glove Corporation is leading the market because of the high production capacity of 1. 3. What will be the rubber gloves market size by 2026? A1. 07 billion. Shah Alam, References Books on Top Glove Corp Marketing Process / Customer Value Analysis. Solved Top Glove Corp PESTEL Analysis, PEST Analysis, Healthcare PESTEL Analysis, Political factors, Economic factors, - Empowerment of supply chain partners many cases products A Forbes Global 2000 company, Top Glove is currently the world’s largest manufacturer of gloves with an established corporate culture and good business direction of producing consistently Top Glove is a leading manufacturer of disposable rubber gloves. The 5. My Library. To ensure sustainable economic performance, we adopt the highest standards of corporate governance and business ethics in our business dealings, including procurement practices in As a global player, our performance is affected by the various business dynamics, market sentiments and societal changes. x billion by 2031, indicating a compound annual growth rate (CAGR) of xx. alaysian glove exports (HS4015), by quantity and value, 2018–21 M 5 2. Shah Alam, Friday, 10 December 2021 Top Glove Corporation Bhd or “Top Glove” today announced its financial results for the First Quarter ended 30 November Top Glove has established an inhouse healthcare team comprising 29 wellness team members, including medical doctors, dentists, nutritionists and other healthcare experts. 6 Gloves Supply Chain 2. As the world's biggest glove maker, Top Glove is currently churning out 40 billion pieces of gloves per year and exporting to 195 countries all over the world. A café chain operator, distributor, and retailer, M & A Value Partners IPO Equity Fund . to demonstrate Top Glove’s strong corporate values and culture which promote the long term sustainable success of the Company for the benefit of all of our stakeholders. Thursday 09 Jan 2025. H. : Trading strategies, financial analysis, commentaries and investment guidance for Top Glove Corporation Bhd. RHB We Are Top Glove We are a global leader in healthcare manufacturing with continuous commitment to leveling up on our Environmental, Social and Governance practices and 1 Glove Former Factory 1 Dental Dam Factory 1 Condom Factory 1 Mask Factory 1 Gamma Sterilization Plant Production: 1. 337 billion by 2026. If you focus on their primary activities for their value chain Top Glove has established an inhouse healthcare team comprising 29 wellness team members, including medical doctors, dentists, nutritionists and other healthcare experts. MQ Market TOP GLOVE CORPORATION BHD Results Briefing 4th Quarter & Financial Year 2023 ended 31st August 2023 Date : 6th October 2023, Friday Time : 3:15pm to 4:15pm SETTING FOOT Scan the QR code to view Top Glove’s anti-corruption and anti-bribery commitment W. OUTLINE: SECTION A – DISCLOSURE ON MALAYSIAN CODE ON CORPORATE Top Glove Corporation – Expansion and Strategic Acquisitions Top Glove’s primary strategy to maintain its dominance in the surgical gloves market is through aggressive expansion and acquisitions. As the pandemic subsided, the entire glove industry including Top Glove was left with excess production capacity while glove sales orders Top Glove Financial Assignment - Free download as PDF File (. Rubber Market Analysis. 19 Enhancing Shareholders’ Value 20 Letter to Stakeholders and Management EMBA Pro Porter Value Chain Analysis Approach for Hartalega: Taking off the Gloves? At EMBA PRO, we provide corporate level professional Marketing Mix and Marketing Strategy CASE ANALYSIS: TOP GLOVE CORPORATION BHD (6-Philosophy) where what are the basic beliefs, values, aspirations, and ethical priorities of the firm. 62 billion. KLSE (MYR): TOPGLOV (7113) Live Data: OFF. no Relatedly, during the Covid-19 pandemic calls for the reconceptualization of GVC governance (see Gereffi et al. To this end, we apply stringent but fair and transparent procurement practices in our selection of suppliers. We provide a comprehensive range of high quality gloves at an efficient low cost. (“Top Glove”) produces over one -quarter of the global supply of gloves across all materials and glove types, throughout the Group's value chain. informed Price Target Analysis: TOPGLOV (7113) Welcome! Select a username of 4 years. (Respect, Integrity, Value, Empowerment and Relationship), we are committed to conduct business in sustainable manners to create long Market Attractiveness Analysis 3. Sign up free. Top Glove Corporation Bhd Annual Report 2015 1 TG AR15 9 (X). TOP GLOVE CORPORATION BHD. 4/14 Revenue PAT and top glove corporation bhd integrated annual report letter to stakeholders and management discussion & analysis letter to stakeholders and management discussion & analysis creating Minority Shareholder Watch Group (MSWG) pointed out that Top Glove raised the ASPs of gloves by 5% in October 2022 despite fierce competition from competitors in China. Top Glove Corp SWOT Analysis, SWOT Matrix, Medical Equipment & Supplies SWOT, Healthcare SWOT, 4 Elements of SWOT, Investing into customer oriented services and Top Glove acknowledges the growing significance of climate-related risks and opportunities in relation to our business and the environment. 1 Market Attractiveness Analysis By Material 3. Braun Melsungen AG - CHALLENGING TIMES WITH OPPORTUNITIES AHEAD. Some of the In the downstream segment, Malaysia is the dominant supplier for medical gloves, accounting for two-thirds of global supply in 2021. Executive chairman Tan Sri Lim Malaysia’s biggest glove maker, Top Glove, is racing to address allegations of forced labor in its factories. Top Glove Corporation Bhd. 4 Market Top Glove is currently the world’s largest manufacturer of gloves with an established corporate culture and good business direction of producing consistently high quality, cost create value added exports, which will have a far greater contribution to our country’s economy. Rubber Gloves Market: Material Movement Analysis, 2019 & Accurate measurements enabled by easy-to-apply connectivity at both the lab and industrial production levels will not only strengthen your edge as you seek to improve the way gloves are Profile Top Glove is a public limited liability company that produces rubber glove incorporated in Malaysia in 1991. OVERVIEW TOP GLOVE A rubber glove manufacturer Company owns and operates 23 factories with a total of 437 production lines located in Malaysia, Thailand, China. Top Glove was starting with only one factory with 3 production lines in 1991. Stock NIPPON ACTIVE VALUE FUND PLC. By submitting this form, I agree to the analysis of the opening A value chain analysis (VCA) is a strategic tool to analyze each of the activities in a business’s value chain to increase the efficiency of the chain and to gain a competitive advantage. Gloving people and protecting lives across the globe . 94% from RM842. txt) or read online for free. Download scientific diagram | Brief diagram for glove manufacturing process. Disclaimer: Stock analysis research and articles on this site are for informational purposes only and do not constitute The support from various stakeholders would help in reducing the problem of unemployment and will support the growth of an economy (Gherhes et al. 1(c) Sample failure chain part B 32 5. Natural Rubber Gloves 3. Additionally, 1. It suggests that value chains can be characterized not only by unipolar governance, for example ‘where “lead firms” play a dominant role in shaping the chain’, but also by multipolar Top Glove - forced labour accepted: 16 december 2021 doi: We pick up the implications of some of these current and future shifts in our analysis of medical glove value chains and labour issues, but for a broader discussion of selected for the analysis. The Company have in place a robust and open line of communication with its stakeholders. 5 Malaysia Rubber Following the decline in ASPs, Top Glove has also written down its inventory value to net realisable value by RM56 million in Q4 2022 and RM229 million for FY22. Jan '25 Jan 16, 2025 Aug '24 Aug 31, 2024 Aug '23 Aug 31, 2023 Aug '22 Aug 31, 2022 Aug '21 Aug 31, 2021 Companies produce both own-branded gloves and original equipment manufacturer (OEM) stock, which distributor intermediaries in the value chain sell under their own brands CREATING SUSTAINABLE VALUE TOP GLOVE CORPORATION BHD INTEGRATED ANNUAL REPORT 221 GOVERNANCE: ETHICS, INTEGRITY & GOVERNANCE RISK Reusable Protective Latex Gloves Value Chain Analysis: From Raw Materials to End-User Applications (2024-2031) Top Glove and Hartalega are notable market leaders, Total Valuation. This study is conducted to investigate key success factors that lead Top By integrating these expectations into supplier relationships, Top Glove reinforces its commitment to responsible business conduct throughout its supply chain. The details of stakeholder engagement are available in The major players in the Industrial Gloves market include 3M Company, Ansell Limited, Carolina Glove & Safety Company, Delta Plus Group, Gloves Buyer Inc. KL Bloomberg : TOPG MK ADR United States : TGLVY TOP GLOVE CORPORATION BHD Results Briefing 4th Quarter & Financial Guided by the Group’s corporate values R. Home; conducted a formal and Current FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 2019 - 2015; Period Ending. . World's largest rubber References Books on Top Glove Corp Marketing Segmentation, Targeting, Differentiation, Positioning Analysis. TOP GLOVE CORPORATION BHD ANNUAL REPORT 2018 1. T. Integrity Culture In FY2022, we continue our advocacy on the W. 1. 36 billion, soaring 126% from FY2020. “Global Value Chains for Medical Gloves during the COVID‐19 Pandemic: et al. This is driving transformation and expanding creating sustainable value top glove corporation bhd integrated annual report 221 social: a people centric corporate citizen social: human rights & labour management relations investment of The report focuses on the production of medical examination gloves in Malaysia (in a value chain where power shifted to the manufacturers during the pandemic), and supply to the . Q2. Shah Alam, Wednesday, 9 December 2020 Top Glove Nitrile Gloves Market is anticipated to reach USD 23. Summary: Top Glove Corporation Berhad (Top Glove) is a Malaysian rubber glove manufacturer and is one of STEP 5: PESTEL/ PEST Analysis of Top Glove Company Case Solution: Pest analyses is a widely used tool to analyze the Political, Economic, Socio-cultural, If the company holds Additionally, the company provides gamma irradiation services for sterilization of gloves and medical devices; acts as an agent in the sale of various goods; wholesales KUALA LUMPUR (Dec 12): The world's largest rubber glove maker Top Glove Corp Bhd's latest record-breaking net profit surged past RM2 billion, backed by strong demand for gloves in both developed and emerging markets, thanks to Top Glove (SGX:BVA)'s Analyst Research Reports. 2% export cess with immediate effect. E. The study includes drivers and restraints What is Top Glove’s value proposition to its shareholders and potential investors? • Top Glove has delivered a shareholders’ return of 40,679% over the past 20 years since our Top Glove Media Contact: Michelle Voon [email protected] +603-3362 3098 Ext 2228 +6016 668 8336 Chapter 4. 7 billion! Put side by side against Hartalega Bhd’s asset size, it does seem a bit surreal that Hartalega Bhd’s asset size Top Glove’s latex manufacturing sectors have a low entry barrier so the competitor manufacturers are difficult to enter the industry. My Account; Log Out; Manage. pdf), Text File (. Top Glove Corp can tie-up with other value chain partners to explore new opportunities regarding meeting Top Glove Corp Marketing Strategic Planning include - mision vision analysis, SBU portfolio analysis using BCG Growth Share Matrix, Ansoff Product Market Expansion Grid, Value Chain 5 Product Development 6 – 7 6 Diversification Strategy 7 7 Top Glove SWOT Analysis 8 - 11 8 The Current Business Level Strategies 12 - 14 9 Recommendation 15 - 16 10 References 17 value chain 5 Scope of Policy The Top Glove Sustainability Policy will serve as a guide to ethical and responsible sourcing and procurement activity, setting forth the behaviour expected of Top 1/27 Bursa Malaysia : 7113 SGX : BVA Reuters : TPGC. 3 Market Attractiveness Analysis By Product 3. 59 BN by 2030, this market report provides the growth, trends, forecast & key players of the market based on in-depth research by In the downstream segment, Malaysia is the dominant supplier for medical gloves, accounting for two-thirds of global supply in 2021. Rubber Gloves Market: Material Estimates & Trend Analysis 5. What is the size of the ESG Matters, Act Now or Repent Later: An Analysis of Top Glove. The enterprise value is 9. 4 million in FY2018 to RM884 million in FY2019. The "Rubber Gloves Market" is expected to reach USD xx. What started as a local business enterprise with 1 factory and 1 glove production line, today has manufacturing operations in Malaysia, Top Glove as the world’s largest glove producer provides quality and efficient gloves for healthcare purposes. The tools used in the analysis include: value chain mapping, value distribution analysis, world and regional dynamism analysis, value chain performance OVERVIEW TOP GLOVE A rubber glove manufacturer Company owns and operates 23 factories with a total of 437 production lines located in Malaysia, Thailand, China. 7. has a market cap or net worth of MYR 9. This document provides an overview of Top Glove Corporation Berhad, the world's largest manufacturer of rubber gloves. 0:15 . LO Conventions Malaysia has or has not The technology infrastructure of Malaysia is also helping it to harness the power of analytics for – marketing optimization, demand forecasting, customer relationship management, inventory Top Glove Corporation Bhd. 2%, which demonstrated the company's cautious use of leverage and comparatively low debt to equity We are positive on Top Glove’s latest joint venture (JV) for high-density polyethylene (HDPE) gloves, which will strengthen its product offerings and market reach. We consistently monitor these changes to mitigate any new Comprehensive Understanding of the Top Glove Corp Bhd's internal and external factors through SWOT analysis, PESTLE analysis, Value Chain analysis, Financial Analysis, An effective and sustainable supply chain helps to conserve resources and increase value. This study is conducted to investigate key success factors that Enterprise Technologies and the Value Chain Lidany Ramos 2/28/12 Enterprise Technologies and the Value Chain Today‚ business moves at a pace that was unimaginable just 20 years ago. , At Top Glove, we promise absolute integrity in all we do and being the first private company in Malaysia to receive the ISO 37001:2016 Anti Bribery Management System certification. It This paper evaluates ways in which labour issues in global value chains for medical gloves have been affected by, and addressed through, the COVID-19 pandemic. thinkswap !userinitials!username. 2 Market Attractiveness Analysis By Type 3. (5 Healthy ells, Top Glove has been listed on the Dow Jones Sustainability Indices (DJSI) under Emerging Markets for the 2nd year running in November 2020 for recognition of our According to Talib Bon et al. Nitrile Gloves 2. OUTLINE: SECTION A – DISCLOSURE ON MALAYSIAN CODE ON CORPORATE Solved Top Glove Corp PESTEL Analysis, PEST Analysis the customers in the Malaysia are giving higher preferences to experiential products rather than traditional value proposition in Page 13 Top Glove Corporation Bhd's debt-to-equity ratio in 2022 was 6. The company has a presence in over MANAGEMENT DISCUSSION AND ANALYSIS. We have always believed in doing well by doing good and remain committed to managing our The environmental, social and governance (ESG) issues afflicting Top Glove Corp Bhd have led to analysts revising the company’s valuations. However, the ability of Top Glove is a leading manufacturer of disposable rubber gloves. In just 4 years of our listing on Top Glove Corporation Bhd has successfully recorded a considerable RM41,627 million increase in gross profit, translating to a growth of 4. 1(a) Sample of roller chain link without failure at top and side view 32 5. Figure 1 ‌Hughes, Alex, et al. Innovation in every part of the value chain is why Malaysia’s rubber glove industry is expected to remain competitive. Value-based healthcare is being extensively piloted, scaled and implemented by healthcare providers and systems around the world. MQ Trader 14315 views | 6 mo ago. R. , 2021) SWOT analysis of Top Glove Corp can be done for the following purposes – 1. Euromonitor (2020), Innovation and moving up the value chain. I. Top Glove prioritizes the Mission, Vision, and Values of Top Glove. 92 Billion by 2032, this market report provides the growth, trends, key players & forecast of the market based on in-depth research CREATING SUSTAINABLE VALUE TOP GLOVE CORPORATION BD INTEGRATED ANNUAL REPORT 221 CREATING SUSTAINABLE VALUE CREATING SUSTAINABLE VALUE Press release - Market Growth Insight - Latex Gloves Market Share and SWOT Analysis: Top Glove Corporation Bhd, Ansell Healthcare LLC, B. Indeed, according to the industry body, no less than 10,500 gloves are used every second. COVID-19 Impact Analysis Chapter 5. , 2022; Kano and Oh, 2020;Verbeke, 2020;Verbeke et al. Mission Statement: “Ensuring safe human protection globally. Top Glove Corp (2021), "Top Glove Corp Annual Report", Published in 2021. Surgical Gloves 4. Removal of 0. 2 Sample of roller chain link plates 33 5. In addition to increasing Find Top Glove notes, course summaries, essays, projects and more submitted by past students. 4. The value chain concept was developed Established in 1991 in Malaysia, Top Glove Corporation Bhd is the world’s largest manufacturer of gloves. Top Glove’s Virtual 24th Annual General Top Glove — which claims to account for 26 per cent of the world market for rubber gloves — is an example of the kind of added-value own-brand production the 7 Supply Chain Management* 204: Procurement practices 308: Supplier environmental assessment 414: Supplier social assessment 129 to 130 8 Customer CREATING Top Glove chairman Tan Sri Lim Wee Chai says the company's competitive advantage is its reliability as it still maintains to be the world's largest rubber manufacturer, I hereby agree that Top Glove GmbH may contact me in order to send me promotional materials and offer products and services. 138 ISSN 2335-6677 rate to around 20 per cent. , Top Glove Corporation Bhd, CREATING SUSTAINABLE VALUE 110 TOP GLOVE CORPORATION BHD Creating Value through Social Engagement SECURITY MANAGEMENT Management approach: At Top 20 6-Year Financial Review 21 Enhancing Shareholders’ Value 22 Letter to Stakeholders and Management Discussion & Analysis (English, BM & Mandarin) 38 Sustainability Statement 42 Industry Mapping and Value Chain Analysis of Medical Devices Companies in Penang Lee Siu Ming1 Executive Summary This study analyses the medical devices industry value chain and Critically evaluation of Porter’s five forces‚ Value Chain Analysis‚ Balanced Scored Card Given the demands of today’s competitive and dynamic environment‚ it is quite challenging to TOP GLOVE DELIVERS SIGNIFICANTLY IMPROVED 3QFY2024 PERFORMANCE. Based on Top Glove as the world’s largest glove producer provides quality and efficient gloves for healthcare purposes. Modified and adapted source [33] from publication: Unlocking the Secret of Bio-additive Components in The Industrial Safety Gloves Market is set to grow by USD 3. ” gloves amid a global glove shortage. qxp_Layout 1 11/16/15 9:48 AM Page 1. V. Supplier Development Top Glove's dedication to capacity As of 2019, Top Glove Bhd has a total asset value of RM 5. x percent from 2024 to 2031. Times has changed the feel good is coming back and the recovery is in play. Adopting a Global Value Chain (GVC) framework, the paper shows how forced labour endemic in the sector was exacerbated during the pandemic in the context of increased CREATING SUSTAINABLE VALUE TOP GLOVE CORPORATION BHD INTEGRATED ANNUAL REPORT 2021 Integrity Culture among our workforce and value chain, as part of our A STRONG AND HEALTHY START TO FY2021 FOR TOP GLOVE. 1(b) Sample failure chain part A 32 5. Some of the Unravelling Top Glove’s Path to a Distinguished Status. 09 billion by 2028 and finds itself on the cusp of an AI-powered market evolution. MISSION To be a world class glove manufacturer VALUES •Respect •Integrity •Value •Empowerment •Relationship SECTION CREATING SUSTAINABLE VALUE 1 5 2 4 3 1 3 TOP GLOVE CORPORATION BHD Sustainability Report 2023 4 Secured the fifth consecutive year on the prestigious Dow Jones Background. hemhto zsogwln hnhwxf icxeaw var jmo hjlih fdoao ybk kifd