MEETING MINUTES SEPT 4 WITH LTL
Polarizing : They are having contacts with supplier for PLANO 80 mm as they need to launch
Conventional Plano Polar 80 mm Base 6.00
Plano Polar Gradient 80 mm Base 6.00
Quantities could be very interesting (I personally think about 5000 pcs/month but could not get any confirmation) and they look for backup supplier.
TVX PT : Handed over samples. Color seems OK and concerning Brown they will await to view for final version.
Intercast / Solarlens moved to Malaysia and their current leadtime for NXT blanks is 17 Weeks
This situation is jeopardising all current business. Sandra clearly stated that they would be really interested to have our TVX PT.
They think that current contract signed in NXT could be some how disappointed as leadtime is really long and business could be "damaged" from this situation.
LTL is pushing to become the official Essilor distributor but this is nto defined yet.
Sandra asked if we coudl URGENTLY deliver 100 - 150 PCS per color in assorted bases if available, to immediately ask their selected rx labs to run tests (Surfacing coating edging drilling mounting etc..) and verify if product is suitable.
Asked if we could consider to sign a Exclusivity distribution contract to avoid interference in European market with our sales organization.
They would be interested if we could supply SF blanks Pre tinted also in 1.67 - 1.60 and expecially 1.50 additionally they found there is a market demand for pre tinted blanks with Mirror coating. Market demand is in general a niece but could be generating considerable sales / volumes as right now it seems there is only 1 manufacturer offering this product.
To be able to introduce TVX PT as second choice product the price expectation would be about 25-30 % less than NXT price. Personally I think that right now NXT
Tinted Stock :
Right now they offer Tinted uncoated and Tinted HMC backside.
This last product had an unexpected demand and the 30000 pieces they had as initial stock were not enough to cover the first 2-3 months orders.
Expected price should be around 2.60 $/pair for backside HMC but if we can guarantee quality they are willing to also pay more expensive (I'd say + 5/10 %)