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Waterford Crystal Lighting Work Values
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Daily Duties at Waterford Crystal Lighting:
Grew the lighting business from $6.5 million to $16.5 million in less than three years, while improving EBITDA by over $3.0 million. • Increased margins from 30.6% to 41.7% while continuing to drop low margin under performing SKU’s. Introduced new products with substantially higher margin targets; 45% minimum, 50% target. • Generated a 77% increase in the higher priced, higher margin chandelier business, based on promotions, new products and innovative chandelier displays. Developed plans for chandeliers from Wedgwood, Michael Aram, and Vera Wang. • Established Waterford galleries to leverage the Waterford name in lighting and furniture stores. In these galleries lamps sales increased by more than 9 times and chandeliers by more than 15 times, due to displaying products together in Waterford galleries. • Decreased manufacturing variances by $500,000/year by moving from a “build to backorder” production system, by establishing a “PSI process” to increase sales/turns, and improve customer service.
What they like about Waterford Crystal Lighting:
Working for a company with an emphasis on social values and helping society is a clear and important priority for you - a critical factor in who you choose to work for. In contrast to other factors, you place an organization's reputation for fairness and concern for the community above most other aspects of the company. As you search for a new job opportunity, it is usually possible to find out if the company is involved in the community and/or if it is addressing problems and issues in society. Pay special attention to non-profit organizations and those specifically involved in social action. Moreover, speaking with current and former employees should enlighten you to perceptions of the fairness of the company's leaders and the treatment of employees.
Tags
P, Vision, Strategy, New Business, Global Manufacturing, Organizational Restructure, Team Building, Strategic, Product Development, Corporate Development M
Skills
Information about Waterford Crystal Lighting
Company Rank: Not Available
Average length of employment : 20 years
Average salary of employees: $200,000
These are some of the questions we asked our climbers about their experiences with Waterford Crystal Lighting:
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| Were your performance expectations clearly communicated? | 0.0 |
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| Were you recognized for meeting or exceeding expectations? | 0.0 |
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| Did you feel like your personal contribution was important? | 0.0 |
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| Was your career path clearly outlined and discussed? | 0.0 |
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| I would recommend this as a place of employment. | 0.0 | |
| I believe in the purpose of this organization. | 0.0 | |
| I would work for this organization again. | 0.0 | |
| I feel employees are fairly compensated. | 0.0 |
