IBM increases forest industry ROCE.IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) INCREASES FOREST INDUSTRY ROCE ROCE See: Return on capital employed . IBM Forest and Paper Innovation Center, part of IBM Business Consulting Services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" , is celebrating its first year of operation by demonstrating how an on-demand business model can increase the after tax return on capital employed Return on capital employed (ROCE) Indicator of profitability of the firm's capital investments. Determined by dividing Earnings Before Interest and Taxes by (capital employed plus short-term loans minus intangible assets). (ROCE) in the forest industry from a typical 5% up to as high as 22%. The IBM on demand business model for the forest, paper and packaging industry outlines a path of actions that can give the companies a significant boost to the ROCE says IBM. |
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