Whirlpool 2005 Annual Report Download - page 4

2005 2006
2005 2006
2005 2006
Whirlpool Corporation
Innovation Pipeline
New Products:
Completely new product lines
are created to solve previously
unmet consumer needs.
Marketable Innovation:
Unique, innovation features
are designed to update
existing products and
present new product
attributes to the marketplace.
Product Replacement:
Existing product lines are
replaced with updated
innovation based on key
consumer insights.
Fabric Freshener and
Pret- à -Porter
Portable clothing freshener
that conveniently removes
odors and relaxes wrinkles.
NA, E
Origami Accessories
Multi-functional cooktop
accessories. E
Single Drawer Dishwasher
Water and energy efficient
small-load capacity drawer
dishwasher enables more
frequent washes with improved
ergonomic loading. NA
42” French Door Built-In
Refrigerator
The world’s first French Door
built-in refrigerator, providing
the widest refrigeration space
available. NA
Single Refrigerated Drawers
Built-in modular refrigeration
and wine drawers. E
Undercounter Beverage
Center Wine cellar/refrig-
erator with three different
temperature zones. NA
Pro Line Laundry Pair
Premium laundry pair with
commercial styling, fit, feel
and finish. NA
Laundry Work Space Platform
Unique staging area for
sorting, treating and folding
clothes on top of the washer
and dryer. NA
Mini Built-In Espresso-maker
Affordable, space-saving built-
in espresso coffee machine by
“for IKEA by Whirlpool” E
Fast-Fill Dispenser
Refrigerator that provides
consumers with programmed
high-speed and measured-
fill dispensing of water and
ice. NA
Personal Lifestyle Appliance
(PLA)
Limited-issue mini refrigerators
featuring detachable artistic
panels. LA
Dual Fuel Range with
Steam Assist
World’s first freestanding,
full-size oven combines steam
with convection cooking for
professional results. NA
Refrigerator Colors
Refrigerators with emotionally
appealing colors. LA
Titanium Appliance Line
High-tech design with
fingerprint-resistant titanium
finish. E
AutoClean Dishwasher
Self-cleaning dishwasher
filter for superior cleaning
performance. E
Hygienic Refrigerator
Filters refrigerator air to
remove bacteria. E
Clear Coat
Protective cooktop coating that
improves durability and is easy
to clean. NA
Inverse Refrigerator
Bottom-mount freezer provides
ample freezer space. LA
Pure Water Dispensing
Refrigerator
Features an improved water
dispenser that provides pure
water. LA
Cabrio Laundry Pair
Large capacity washer pair
has a see-through window in
the washer and the dryer. NA
Duet Sport Laundry Pair
Smaller version of the Duet
laundry pair with a 6-point
suspension system. NA
Kitchen Suites
Appliances are designed to
be sold in suites for one-time
shopping. NA
Cook’s Kitchen” Software
An on-line tool that enables
consumers to custom design their
kitchen based on their lifestyles
and expert chefs’ knowledge. NA
American Family” Podcasts
Keeping a finger on the pulse
of the American family, Whirlpool
launched a popular weekly
podcast series available at:
www.whirlpool.com/family NA
Spirit of Cooking” Contest
An African-American church
community outreach program
based on a recipe contest. NA
Expo tu Casa”
Whirlpool was the only appliance
manufacturer to participate in
this first-of-its-kind home show
for the Latino market in the
United States. NA
Robb & Stucky Partnership
Premium kitchens are displayed
in Robb & Stucky high-end
furniture stores to provide
customers with hands-on
interaction. NA
Mother of Invention” Competition
A nationwide U.S. competition
to help innovative moms win seed
money for their business venture
attracted 1,700 applicants. NA
Partners Program
A Web-based program, which
expands sales through suppliers
and technical partners. NA
eBay® for End-of-Life Product
An outlet for discount and
obsolete product sales. NA
Braille Overlay
A braille control panel overlay,
available upon request. NA
Twin Genius Speedoven
Compact speedcook appliance
provides four cooking methods:
oven, convection, speedcook
and microwave. E
Built-In Espresso Machine
Fully automatic built-in
espresso and cappuccino
machine. E
ProScrub Dishwasher
32 targeted spray jets scour
away food with no scrubbing
or soaking. NA
European Oven Line
Premium oven line with
fingerprint-proof finish and
integrated Origami cooking
accessories. E
PowerPair Cooking Center
A microwave-hood combo
and a freestanding range
with coordinated aesthetics
are paired for maximum
performance, cooking capacity
and efficiency. NA
Velos Speedcook
High-speed microwave-hood
combo with improved venting,
increased capacity and four
ways to cook in one appliance:
convection, speedcook,
microwave, and steam. NA, E
6th Sense Climate Control
Refrigerator
Climate control fridge-freezer
“senses” the optimum
temperature and humidity for
food preservation. E
Party Program
Accessory that provides
excellent dishwasher cleaning
and maximum care for a full
load of glasses. E
Classic Laundry Pair
Top-loading configuration with
new styling and reliable fabric
care. NA
HE4t Colors
Unique design and color
additions to the HE4t laundry
pair. NA
Water Coolers
Water cooler with built-in
LCD display and adjustable
temperature. NA
Built-In Cooking
Built-in ovens and cooktops,
redesigned for style, power
and performance. NA
Soft Dry Hanger
Condenser dryer equipped with
space-saving accessory to dry
delicates. E
We Surf, We Care, We Link
A suite of tools for managing
customer relationships. E
Beyond Product Innovation:
Unique efforts undertaken
to promote or strengthen
other business areas and
the brands.
Whirlpool launched its innovation initiative in 1999 to create
value for our customers and shareholders and drive loyalty to
our brands. During 2005, a record number of new products were
introduced into the marketplace globally, driving additional sales
and contributing value well beyond our goals:
• Our 2005 innovation revenue was almost $800 million, helping
Whirlpool to consistently grow faster than historical rates.
• The value of our pipeline today is estimated at over $3.3
billion, an increase of more than 66% from 2004.
• Innovation projects are returning higher than average margins
and driving shareholder value.
The pace of innovation continues to accelerate. By the end
of 2006, more than 60% of the products in the North American
marketplace will be new innovations that did not exist in 2005.
Additionally, Whirlpool will undertake the largest new product
launch in its history, with the introduction of a completely new
laundry line in North America.
Our investment strategy for the innovation pipeline is to fuel
an increasing rate of compelling product innovation that:
• Delivers new and differentiated solutions to our customers
• Establishes sustainable competitive advantage
• Creates differentiated shareholder value
NA North America
LA Latin America
E Europe
A Asia
6th Sense TurboClean
Dishwasher
Provides variable water
pressure, and overnight cycle
is the quietest on the market.
E
Moonlight Ventilation Hood
Ventilation hood with unique
light and design elements. E
Countertop Oven
Full-size oven performance in
a countertop oven. NA
Metal Toaster
Multiple color choices accent
brushed stainless steel finish;
sides of toaster stay cooler. NA
Slow Cooker
Electronic temperature sensor
allows quick heating, with
insulated walls for better,
more even heat retention. NA
Blender
Unique polycarbonate pitcher
and patented blade system
with Intelli-Speed for fast and
consistent blending. NA
Whirlpool Corporation’s Major Brands:
““““ “
Laundry Organizers
Organizer integrates with
washer and dryer to eliminate
clutter. NA