20 Best Cordless Power Drill
Updated on: September 2023
Best Cordless Power Drill in 2023
BLACK+DECKER 20V MAX Cordless Drill / Driver with 30-Piece Accessories (LD120VA)
- Ideal for drilling through or screwing in wood, metal, and plastic, soft grip handle provides added comfort during use
- The lithium ion battery holds a charge for up to 18 months
- 30 accessories include drill and screwdriving bits, nut drivers, and magnetic bit tip holder
- Kit also includes one 20 volt lithium ion battery and charger;Uses:Drilling through wood, metal, and plastic, Screwdriving though wood, metal, and plastic.RPM : 0 650 rpm
- Chuck Size: 3/8 in; Clutch Setting: 24; Included Components: LD120 20Volt MAX Lithium Drill/Driver, (1) LB20 20Volt MAX Lithium Ion Battery, (1) LCS20 Charger, (6) Brad Point Drill Bits, (10) 1 inch Screw driving Bits, (9) 2 inch Screw driving Bits, (4) Nut Drivers, (1) Magnetic Bit Tip Holder; Power Source: Cordless
DEWALT 20V MAX Cordless Drill / Driver Kit, Compact, 1/2-Inch (DCD771C2)
- Compact, lightweight design fits into tight areas
- High performance motor delivers 300 unit watts out (UWO) of power ability completing a wide range of applications
- High speed transmission delivers 2 speeds (0 450 & 1,500 rpm) for a range of fastening and drilling applications. Chuck Type - Keyless
- 1/2 inches single sleeve ratcheting chuck provides tight bit gripping strength
- Ergonomic handle delivers comfort and control.Tool Width:1.9 inch
- Maximum initial battery voltage (measured without a workload) is 20 volts. Nominal voltage is 18. Battery capacity: 1.3 Ampere hour
BLACK+DECKER 20V MAX Cordless Drill / Driver, 3/8-Inch (LDX120C)
- Ideal for drilling into wood, metal plastic and all screw driving tasks
- Chuck Size: 3/8 inch; Clutch Setting: 11; Included Components: (1) LDX120 Drill/Driver, (1) LBX20 20V MAX* Lithium Ion Battery, (1) LCS20 Charger, (1) Double Ended Bit; Power Source: Cordless
- Lithium Ion Technology & 20V MAX: Lighter, more compact, no memory, longer life
- 11 Position Clutch: Provides precise control for drilling into wood, metal, plastic, and all screwdriving tasks
- Compact and Lightweight: Less fatigue and allows users to drill / screw in confined spaces. Part of the 20V MAX System A System that Demands Attention
- Variable Speed: Allows countersinking without damaging material
Avid Power 20V MAX Lithium Ion Cordless Drill, Power Drill Set with 3/8 inches Keyless Chuck, Variable Speed, 16 Position and 22pcs Drill/Driver Bits
- MULTIFUNCTIONAL BATTERY PACK: 20V 1.5Ah Lithium-ion battery pack with USB output compatible for phone charging and real-time capacity indicator
- 15+1 POSITION CLUTCH: 15+1 torque settings provide precise control for driving in/out screws to prevent stripping, and drilling into wood, ceramics, drywall, plastics and even metal with ease. Max torque for drilling into wood 13/16”(20mm) or steel plate 3/8” (10mm).
- ERGONOMIC DESIGN: Compact and lightweight design with superior motor minimizes fatigue in most daily screwing and drilling tasks; Rubber-covered handle provides a comfortable grip for being breezily operated in one hand.
- EFFICIENT WORKING: A flexible shaft could be used in some places where driver bits are hard to reach; LED light illuminates dark working areas; Variable speed（0-550RPM）with electric brake function provides precise operation.
- WHAT'S INCLUDED: 10pcs drill bits, 10pcs driver bits, an extension bar for sticking on fastener and a magnetic flexible shaft for hard-to-reach places, US based customer support
DEWALT 20V MAX Cordless Drill Combo Kit, 2-Tool (DCK240C2)
- Ergonomic Design: Lightweight Tools Designed to Fit the User’s Needs
- Increased Visibility: The DCF885 Features a Built in Led with 20 Second Delay After Trigger Release
- Includes: (1) DCD771 Drill/Driver, (1) DCF885 1/4 Inches Impact Driver, (2) 20V Max Lithium Ion 1.3 Ah Battery Packs, 20 Volt Max Charger, and (1) Kit Bag
- ONE HANDED BIT LOADING: THE DCF885 has a 1/4 inches hex chuck and accepts 1 inches bit tips, Power Tool Type:Cordless
- High Performance Motor: The DCD771 Delivers 300 Unit Watts out (Uwo) of Power Ability Completing a Wide Range of Applications
Avid Power 12V Cordless Drill, Power Drill Set with 22pcs Impact Driver/Drill Bits, 15+1 Torque Setting, 3/8 inches Keyless Chuck, 2 Variable Speed
- Premium Drill Performance: Avid Power Cordless Drill With superior motor, 15+1 torque settings are perfect for drilling into wood, metal, drywall, plastics and all screw driving tasks; Max torque for drilling into wood 13/16”(20mm) or steel plate 3/8”(10mm)
- 2 Variable Speed Impact Drill: Choose from 1 of 15+1 torque options on the clutch and engage this device with the variable-speed trigger in 1 of 2 speed settings (0-350 RPM or 0-1250 RPM) to match your desired application
- Ergonomic Design: Compact and lightweight drill design make it easy to operate and carry, The cordless drill/driver weighs only 2 lbs. and has an improved Rubber-covered handle for being breezily operated in one hand exceptional command, comfort, and grip.
- Efficient Working: 3/8 inches Keyless chuck for quick and easy bit changes, Power Drill Set with LED Light illuminates dark working areas, A flexible shaft could be used in some places where driver bits are hard to reach.
- What's Included: 12V lithium-ion battery cordless drill and charger, 10pcs drill bits, 10pcs driver bits, an extension bar for sticking on the fastener and a magnetic flexible shaft for hard-to-reach places.
Cordless Drill Driver, GALAX PRO 20V Lithium Ion Power Drill with Work Light, Max Torque(20N.m), 3/8 inch Keyless Chuck, 19+1 Position, Single Speed (0-600RPM)- 1.3Ah Battery & Charger Included
- KEYLESS CHUCK: This drill comes equipped with a 3/8” keyless chuck for fast and convenient bit installation or removal. Simply twist the chuck ring either direction to loosen or tighten the chuck and insert or remove the drill bit
- 19+1 POSITION TORQUE RING: The power drill features 19+1 torque position clutch, 20N.m maximum torque, help you to choose the most suitable drilling force and precisely control the drilling size to meet your needs. Variable torque settings allow for maximum control and precise torque settings for any material- wood, metal, plastic and more
- 20V MAX BATTERY: The Cordless Driver comes with a 1.3Ah Lithium Ion battery and a charger for extended run time. Indicator on the the front of the battery to display how many power left for less downtime on the job
- ERGONOMIC DESIGN & CONVENIENCE: Soft rubber handle provides a comfortable grip for being breezily operated in one hand. Illumination LED light provides a bright work area during dark situation and the belt clip also allows you to take it with you even if you work high up
- WHAT YOU GET: 1*GALAX PRO 95604 Cordless Drill, 1* 1.3A Battery, 1* Charger,1* Belt Clip, 2* Screwdriver bits, 3* Drilling Bits, 1* User Manual, 1* Warranty Card; 24 Months Warranty
DEWALT DCD777C2 20V Max Lithium-Ion Brushless Compact Drill Driver
- Brushless Motor: Longer Motor life and 30 percent more runtime than brushed
- INCREASED VISIBILITY: Has built in LED with 20 second delay after trigger release
- Ergonomic Design : Compact (752 in front to back) and Lightweight (2.6 pounds) Design fits into tight areas
- COMFORT GRIP HANDLE: Provides ideal balance and tool Control
- Includes: (1) DCD777 Compact Brushless Drill/Driver, (2) Li ion Batteries, (1) Charger, and (1) Kit Bag
BLACK+DECKER 12V MAX Cordless Drill/Driver (BDCDD12C)
- Anti-slip soft grip
- 11-position clutch
- Compact & lightweight design
- Chuck Size: 3/8" in; Chuck Type: Keyless; Clutch Setting: 11; Included Components: BDCDD12C Drill, (1) 12V MAX* Battery, (1) Battery Charger, (1) Double Ended Bit, User Manual
Cordless Drill/Driver Kit, 48pcs Drill Set w/Lithium-Ion Battery Brushes Tape Measure - 12V Max Drill 280 In-lb Torque, 18+1 Metal Clutch, 3/8" Keyless Chuck, Built-in LED - Wood Bricks Walls Metal
- 【Proudly Present KIMO Li-ion Technology】For over 25 years, KIMO has grouped an engineering team that leads and shapes battery technology and portal power tools with a powerful portfolio of groundbreaking products and consumer-led innovation. Our 1,000-Charging Cycle Test guarantees that each KIMO battery is lighter, more powerful, and lives longer than others. No worries about dying batteries anymore. Go with KIMO, enjoy, and accomplish more than you ever expected.
- 【3/8 Keyless Chuck & Forward/Reserve Control】Working with KIMO drill is pretty easy and straightforward. 3/8’’ keyless chuck provides an automatic spindle lock that enables one-hand changing with great accessory compatibility. The Forward/Reverse switch allows you to either screw or replace/remove bits on your purposes.
- 【18+1 Clutch, 2-Variable Speed& 280In-lb Torque】Equipped with 2 in 1 working mode - driving and drilling, KIMO 12V Drill/Driver is your good partner to work around. 18 adjustable clutch settings with variable pressure trigger (2-speed: 0-350RPM,0-1350RPM) help complete a wide range of applications precisely. No matter it is household reconstruction, improvements, DIY handcrafts, or auto repairs, consider KIMO drill as a you CANNOT MISS everyday drill/driver.
- 【Lightweight, Ergonomic Design & Front LED】The most compact (7-in from chuck to back) and lightweight (1.8-lb) drill/driver in 12V-class with amazing performance-to-weight ratio, minimizes fatigue in most daily jobs; Rubber-covered handle with ergonomic design provides maximum comfort grip for being breezily operated in one hand and less vibration; Trigger-activated LED light illuminates any enclosed work space.
- 【48 Pcs Premium Accessories】Get your KIMO power tools and let us prepare any accessories you need, each 12V Drill/Driver Combo comes with 3-Drill Brush, in conjunction with the hammer drill can easily remove and clean stains; 1-Flexible Shaft; 3-Brad Point Drill Bits; 6-Twist Drill Bits; 33-Screwdriver Bits; 1-Carrying Bag; 1-Fast Charger; 1-Battery; and 1-Tape Measure.
Cordless Drill with 2 Batteries - GOXAWEE Electric Screw Driver Set 100pcs with Hammer Function (30Nm, 18+3 Torque Setting, 2-Speed) for Home & DIY Project Drilling Walls, Bricks, Wood, Metal.
- ◆READY TO GO Drill Set: GOXAWEE Home Drill Set comes with a complete drill bit sets that can work on both wood and metal. The Masonry Drill Bit is especially for drill concrete hole. The extra up to 100pcs accessories enable the electric drill more functional & practical. The tool box is very sturdy and conveniently organizes the tool and accessories. It's a You Cannot Miss everyday Drill/Driver for home users.
- ◆NO INTERRUPTION on Project: You can constantly work your task. This cordless hammer drill came with 2pcs 1500mAh Li-ion Batteries and 1-hour fast charger that can use for a long time after each charge. The additional battery is a bonus that makes the cordless screwdriver drill always ready to use without restriction. It's also a good investment for the jobs around the house and garden.
- ◆Accurate Control & Adjustable Mode: The variable speed trigger allows for precise speed control by your own fingers. Besides, the cordless impact driver has a 2-speed setting button, 18 adjustable position clutch, 3 in 1 working mode (Hammer, Driver, Drill), with the max 30N.m torque which offers you all the daily needs. It's also a fantastic tool for DIYer and Crafter.
- ◆Quick Chuck & Easy Use: Working with this power drill is pretty easy and straightforward. The Auto-lock metal Keyless Chuck provides an automatic spindle lock that enables easy one-hand changing bits. It's a very lightweight handy drill, comfortable to hold, and it more than makes up for it in time savings. You will feel work has become more relaxed by using it.
- ◆Sweet Little Surprise: Wider range - Flexible Shaft can use in the places where driver bits are hard to reach; Versatile usage - The Drill Brush, in conjunction with the hammer drill can easily remove and clean stains; Warm after-sales - Once we received your messages, we will quick response and take action dependently.
BLACK+DECKER 20V MAX Cordless Drill/Driver Variable Speed (BDCDD220C)
- Compact design and lightweight at only 2.64 pounds
- Keyless chuck for easy bit changes
- 2-speed transmission and 11-position clutch helps prevent stripping of screws
- LED light to illuminate your project
- Part of the 20V MAX* System - 1 System. Endless Tasks. Power for your Style
- Chuck Size: 3/8"; Chuck Type: Keyless; Clutch Setting: 11; Included Components: (1) 20V MAX* Battery, (1) Battery Charger, (1) Double Ended Bit; Tool Weight: 2.64 lbs
WORKPRO Pink Cordless 20V Lithium-ion Drill Driver Set (1.5Ah),1 Battery, Charger and Storage Bag Included
- ✅ HIGH PERFORMANCE - Our cordless drill driver is powered by a max 20 voltage, 1.5AH Lithium-ion battery for strong and steady power and an endurable run time. The battery is simple to change and charge. You can buy second battery on asin: B078W3Z1MW. The drill is designed with variable 2-speed settings (0-400 rpm and 0-1500 rpm) for multiple purposes
- ✅ 21+1 TORQUE ADJUSTMENT WITH LARGER CHUCK- Your new brand cordless drill, delivering 203 in-Lbs (23N.M) of max torque,features 21+1 torque postition clutch,which provides more precision of torque adjustment as needed. Large 3/8"(10mm) keyless chuck can provide you superior bit retention
- ✅ SUPER SAFE & COMFORTABLE TO USE - Our drill tool is built with a soft grip handle for added comfort and gives you total control of the tool without heavy fatigue while using. Comes with LED light for extra security and safety when you work in dark areas
- ✅ ORGANIZED, PORTABLE STORAGE PINK BAG - Your brand new drill tool set can be neatly and tidily organized into our lightweight storage bag. This portable bag is easy to carry allowing you to take your tools with you to work, around the house or outdoors. The belt clip also allows you to take it with you even if you work high up
- ✅ EFFICIENT WORK WITH 2 YEARS WARRANTY - You will get drill driver, 6pcs drill bits, 10pcs bits, 1pc extension bit holder,1pc 20V battery and charger in a 11" pink bag. And we are so confident in the quality and lifespan of our product that it is backed with a two years warranty. If you have any issues, please don’t hesitate to contact us anytime, night or day :-)
Bosch PS21-2A 12V Max 2-Speed Pocket Driver Kit with 2 Batteries, Charger and Case
- Compact: The Bosch PS21 2A 12V Pocket Driver Offers the Shortest Head Length of Its Class at 5.6 Inch Making It the Ideal Driver for Tight Corners and Small Working Spaces; at Only 1.4 Pounds It Reduces User Fatigue for Longer Periods of Time
- Power: Despite its small size, the PS21 2A driver delivers 265 inch pound of max torque; It offers two speeds, 0 350 RPM and 0 1,300 RPM allowing users to match speed to the application
- Control: With 20+1 clutch setting, the Bosch pocket driver allows users to have more control
- Efficient: The PS21 2A is easy to use with a forward and revers switch to help with speedy screw removal
- Convenient: The PS21 2A driver kit includes 2 12V Max lithium ion batteries, a 12V max charger, 2 1 1/2 in driver bits, and a carrying bag. It also has a built in LED light to help illuminate dark working areas
Cordless Drill Driver Kit with 2 Batteries, WAKYME 12.6V Power Drill 30Nm 18+3 Clutch, 3/8" Keyless Chuck, Variable Speed & Built-in LED Electric Screw Driver for Drilling Wall, Bricks, Wood, Metal
- 【18+3 Clutch, 2-Variable Speed & 300In-lb Torque】WAKYME 12.6V cordless drill/driver, with 18 adjustable clutch settings, variable pressure trigger (2-speed: 0-350RPM,0-1500RPM) provide accurate control. 3 in 1 working mode (Hammer, Driver, Drill), 300In-lb torque(30N.M), no matter it is a household reconstruction, improvements, DIY handcrafts, or auto repairs, this power drill is your good partner everyday drill/driver.
- 【High Performance】Our drill tool set is designed with all-copper double bearing gear motor: 300In-lb torque max provides strong load capacity. No-load speed 19000-23000rpm powerful impact drill driver offers you all the daily needs and accomplishes more than you ever expected.
- 【Long Using & Front LED】The 1.5AH lithium-ion drill driver in 12.6V-class with a front LED light illuminates any dark workspace. This cordless hammer drill came with 2pcs 1500mAh Li-ion Batteries and 1-2H fast charger that can use for strong and steady power and an endurable run time. The cordless screwdriver drill always ready to use without restriction. You can constantly work on your project.
- 【3/8 Keyless Chuck & Forward/Reserve Control】This compact drill driver has a large 3/8’’(10mm) keyless chuck which provides an automatic spindle lock that enables one-hand changing with advance accessory compatibility. The Forward/Reverse switch allows you to either screw or replace/remove bits on your purposes as well as lock the power drill driver.
- 【What You Get】Each 12V Drill/Driver Combo comes with 27pcs drill driver accessories and1-Charger; 2-Battery, 1-Carrying Case. We offer a 2-year warranty and lifetime service. Once we received your messages, we will quickly respond and take action dependently ([email protected]). Hope you have a happy experience!
Makita CT226 12V Max CXT Lithium-Ion Cordless 2-Pc. Combo Kit (1.5Ah)
- 3/8 inches Driver Drill with 2 speeds (0 450 & 0 1,700 RPM) delivers upto 250 inches pounds of Max Torque
- 3/8 inches Driver Drill features a compact design at only 7 7/16 inches long and weighs only 2.8 pounds with battery for reduced operator fatigue
- Impact Driver with variable speed (0 2,600 RPM & 0 2,400 IPM) delivers upto 970 inches pounds of Max Torque
- Impact Driver features a compact design at only 6 1/8 inches long and weighs only 2.2 pounds with battery for reduced operator fatigue
- Ergonomically designed handles with rubberized soft grips provide increased comfort. Not compatible with 12V max pod style tools, batteries and chargers
Cordless Drill Driver Kit, 20V Max Impact Hammer Drill Set w/Lithium-Ion Battery, Fast Charger, 21+1+1 Clutch, 330 In-lb Torque, Variable Speed & Built-in LED for Drilling Walls, Bricks, Wood, Metal
- ☞【Proudly Present KIMO Battery】Over 25 years, KIMO has dedicated a whole engineering team that keeps updating its batteries to the best of its kind. It’s guaranteed that the life expectancy of each KIMO battery is at least 1,000 cycles. Stop worrying about dying batteries or batteries that won’t charge after minimal usage. KIMO’s got your back!
- ☞【21+1+1 Clutch & 2 Variable Speed】Equipped with 3 functions, screwdriving, drilling and impact drilling, this 2 variable speed (0-350RPM, 0-1350RPM) 21+1+1 clutch Drill Driver is your no.1 helper for your precise work around the house. Whether it’s household reconstruction, renovation, garden work or garage repairs, consider getting this KIMO drill as an one-stop solution.
- ☞【All Copper Motor & MAX 330 In-lb Torque】KIMO Cordless Drill features an All-Copper Motor that ensures stable operations and is much lighter, cooler and more efficient than aluminum motor drill drivers. Maximum 330 in-lb torque is ideal for drilling through or screwing in wood, metal, and plastic, fulfilling a wide range of needs.
- ☞【Compact, Lightweight 2 lbs Design, Built-in LED & Reverse Control】Compact (7-in front to back) design fits into tight areas, ultra lightweight (2.2-lb) minimizes user fatique. Comes with built-in LED light for increased visibility in enclosed work spaces or any dark environment.The forward/reverse switch allows screws to be removed or replaced once they are secured.
- ☞【46 piece Accesory come with KIMO Drill Driver Kit】Get your KIMO power kit without worrying about purchasing other accessories, KIMO Drill/Driver Kit includes 3 Brad Point Drill Bits, 6 Twist Drill Bits, 33 screwdriver bits, 3 Nut Driver Bits, 1 Carrying Bag, 1 Fast Charger, 1 Battery. We are confident that our docking are manufactured under strict quality standards to give our customers best experience.
Pink Power PP481 3.6 Volt Cordless Electric Screwdriver Rechargeable Screw Gun & Bit Set for Women - LED light, Battery Indicator and Pivoting Head
- ALL INCLUSIVE SCREWDRIVER SET: Each screwdriver set includes (1) PP481 electric screwdriver, (1) charger, an 11 piece bit set, a drill bit adapter, and a full three year warranty that protects against any damage or defects.
- PIVOTING HANDLE FOR TIGHT WORKSPACES: This 3.6V power screwdriver utilizes a patented pivoting head which enables it to fit into tighter workspaces. Use as a right-angle screwdriver (pistol grip), or press a button on the handle to rotate the unit straight.
- BUILT IN LED WORK LIGHT: The LED work light allows user to see into dark or confined workspaces. This hand tool is great for fixing loose screws, installing small light fixtures, hanging pictures or putting together furniture.
- LIGHTWEIGHT WITH SOFT GRIP HANDLE: Each battery-powered, cordless screwdriver weighs less than 12 ounces and comes with an internal 3.6V battery. The ¼” chuck will accept all standard size bits to help you tackle any project.
- BATTERY GAUGE SHOWS REMAINING POWER LEVEL: The powered LED work light and 200 RPM motor will help you start any home improvement project. The built-in battery gauge shows remaining power level so you’re never surprised by a low charge.
BLACK+DECKER 20V MAX Drill & Home Tool Kit, 68 Piece (LDX120PK),Black/Orange
- Includes 20V Lithium drill for a variety of home projects, Hanging pictures or wall decor, Assembling furniture, Updating fixtures, Building birdhouses
- Lithium Ion Battery Always Ready, holds a charge up to 18 months
- The 11 position clutch prevents stripping and overdriving screws
- Included Components: (1) LDX120 Drill/Driver, (1) 20V MAX* Lithium Ion Battery, (1) Charger, (1) Storage Bag, (1) Tape Measure, (1) Adjustable Wrench, (1) Needle Nose Pliers, (2) Manual Screwdrivers, (1) Utility Knife, (1) Slip Joint Pliers, (1) 12 oz. Hammer, (1) Ratcheting Screwdriver, (4) Hole Saws with Mandrel, (32) Screwdriving Bits, (1) Magnetic Bit Holder, (10) Drilling Bits, (5) Spade Bits
V VONTOX Cordless Drill/20V Power Drill, 42N.m, 2x2000mAh Batteries, 1H Fast Charger, 3/8 inch Chuck, 2 Variable Speed, 18+1Torque Setting, with 24pcs Drill Bits Set
- Complete Accessories:1*fast charger, 2*2000mAh battery, 1*carrying box, 9*socket wrench(5/6/7/8/9/10/11/12/13mm), 3*twist drill bits(HSS5/HSS6/HSS8), 3*brad point drill bits(5/6/8), 6*screwdriver bit（PH2/CR-VPZ1/CR-VT25/PZ2/5/6), 1*socket adapter, 1*hex screwdriver holder, 1*flexible shaft driver, 1* user manual. Fast charger: 100V-240V, about 1 hour full.
- Cordless Drill/Driver: It can be operated by directly inserting the battery, which is convenient to use. The battery is up to 20V, equipped with 2 replacement batteries, three indicator lights, friendly reminder power level. Lightweight, soft-grip handle provides added comfort during use.
- Powerful Functions: Variable speed (High and Low speed), electric drill (1st gear: 0-400rpm/2 gear: 0-1600rpm), torque setting: 18+1. It can control the clockwise/counterclockwise working mode , which is convenient to remove or replace after fixing the screw. The middle card position of the switch can play a safe mode when you pause.
- Wide Use: Interface specifications: 3/8 inch (10mm) power drills with strong and stable torque conditions are available for drilling walls, wood, and metal. The design of the LED lights solves the problem of being unusable in the dark and hidden place.
- RS-US Direct is the only authorized seller of authentic V VONTOX products on Amazon. Offers from other providers are fakes or unauthorized resale. To ensure that you receive authentic items and excellent customer service, please acknowledge the registered seller.
A Marketing View on Two Top Strategic Objectives in the Portable Electric Power Tools (PEPT)
During the continuing process of strategic management process, we will need to isolate each step individually in order to study the effectiveness of the process. It will be an ongoing process whereby we have the formulation, implementation and evaluation.
As the new Director of Strategic Planning and Analysis my top two priorities over the next year will be to 1. Analyze current operations, location and manufacturing process and 2. Ensure proper funds are put into research and development.
1. In order to minimize operating costs we will consider several different factors. First, how we are purchasing raw materials and look into a Just in Time inventory control system. We will also need to consider our work in process stations, and address any staffing issues that can occur from products either sitting around waiting on staffing or staffing waiting on additional parts and/or raw materials to keep the process going. A quality control system will need to be developed to minimize product waste due to malfunctions or product returns.
2. The development of new and improved product lines along with the raise in technology of the battery life, we will need to invest in research and development of these products. As the technology of power tools continues to grow and change, especially in the cordless power tool market, we can expect the market to be unstable and will need to grow and adapt as a corporation to these changes. Able Corporation must rapidly adept to these changes in the market. Another issue that Able Corporation must concern themselves with is the growth of large retailers that offer both industrial and consumer power tools to the masses. Having these large retailers with established distribution channels to keep the cost of professional power tools down to the everyday consumers will allow for the consumer market to grow into more professional type power tools. The industrial channels are declining at a rate of 5% per year where as the consumer channels are experiencing tremendous grown at a rate of 20% per year. In order to implement our strategic objectives we will need to be sure that company resources are set aside to include proper research and development and design for the cordless power tool market. Considering that the cordless power drill segment is the faster growing at a rate of 10% versus only a 3% growth rate for the corded power tool market. Furthermore, as the battery technology becomes more efficient and smaller we can continue to improve the design of our cordless power tools.
During the continuing process of strategic management process, we will need to isolate each step individually in order to study the effectiveness of the process. It will be an ongoing process whereby we have the formulation, implementation and evaluation. It will be a constant growing evolution process to ensure the future of Able Corporation.
References:
Coulter M.K., (2005) Strategic Management - In Action, Third Edition, Upper Saddle River, NJ: Pearson Education, Inc., Pearson Pretense Hall.
