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Members of management operate within the various legal entities of the group. They provide in particular administrative, financial and commercial support.
More specifically, management manages the group after having set, with the local managers, the annual and multiannual objectives consolidated at group level.
Management oversees attainment of these objectives through monthly and half-yearly reporting tackling the various aspects of the life of the group:
• market movements, new products, new suppliers, new customers, safety and the environment, investment in plant and
human resources and the group’s new projects are dealt with at commercial and operational level;
• monthly financial reporting concerns the figures in relation to the budget and quarterly forecasts. Sales budgets are
reviewed and discussed half-yearly.
As regards responsibility for finance, the majority of the group’s borrowing requirements are centralised at management team level. These are predominantly borrowing requirements relating to payment terms granted to customers and those obtained from suppliers, new investments, etc.
Commercial responsibilities are distributed by product or by customer so that each international customer or supplier is allocated a main point of contact; an Account Manager or Product Manager, as appropriate. This Manager is then responsible for the customer or supplier relationship for the whole group. He is responsible for the negotiation and management of distribution contracts and the forwarding of information to the group. This cross-border matrix structure therefore makes it possible to delegate contacts with customers’ local establishments to the Arpadis local sales teams.
Operational management of the production facilities is entrusted to the site managers with the group having oversight. |
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