统计学案例分析英文.docx
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统计学案例分析英文
Executivesummary
Withthedevelopmentofglobalizationandinformationtechnology,outsourcinghasgainedgreatpopularityallovertheworld.Ontheotherhand,virtualworkshavemorechancestofindfreelanceworkswiththedevelopmentofoutsourcing.Thereasonsforoutsourcingincludeslowoperationalandlaborcosts,taxbreaks,togainmoreglobalandlocalmarketshare,toreducerisks,tomovetohighersegmentsofthevalueaddedchain,toserveforinnovationaswellastofocustoacceleratebusinesstransformation.NowtheBrammerisencounteredwithaproblemofmanagementthatthepurchasingandmanagementofsparesforthedailyoperations,maintenanceandrepairofproductionandmanufacturingequipmentisoftenacomplex,timeandresourceconsumingissueformostorganizations.TheBrammerisconsideringwhethertheywilloutsourcethemanagementofspares.
ThisresearchwillfocusonidentifyingamanagementproblemoftheBrammeranddesigninganappropriatebusinessresearchstrategyforsuccessinbusiness.Whatismore,theessaywillchooseaqualitativeresearchmethodologytoinvestigatetheorganizationalmanagementproblemoftheBrammer.
1.Backgroundinformation
AsoneoftheEurope’sleadingsupplierofqualityindustrialmaintenance,repairandoverhaulproducts,theBrammerhasenjoyedgoodreputationalltheworld.WithitsheadquarterinEngland,theBrammeroperatesoutofmorethan300locationsin15countries.Theaimofthecompanyistosupplyarangeofsolutionswhicharedesignedtohelptheclientstocutdownthetotalcostofcomponentacquisition.
Evenfacedwiththegloballyeconomiccrisis,theBrammerhaskeptastableincreasein2008.Thefollowingstatisticswillpresenttheoutstandingachievementofitfrom2006to2010:
BrammerFundamentals
YearEnding
Revenue(£m)
Pre-tax(£m)
EPS
P/E
PEG
EPSGrth.
Div
Yield
31-Dec-06
314.30
14.59
11.77p
15.8
3.2
+5%
4.26p
2.3%
31-Dec-07
379.58
14.92
21.00p
7.3
0.1
+78%
7.20p
4.7%
31-Dec-08
478.41
18.89
25.70p
2.9
0.1
+22%
7.70p
10.4%
31-Dec-09
426.09
(1.49)
13.10p
9.2
n/a
-49%
6.20p
5.2%
31-Dec-10
468.37
19.31
13.90p
18.0
3.0
+6%
6.60p
2.6%
Source:
Itispredictedthatinthefiscalyear2011,theBrammerwillstillkeepatendencyofincreaseintherevenue.
2.Analysisofthesymptomsofthemanagementproblems.
However,withthegrowthofthecompany,somemanagementproblemsoccurswhichaffectsthecontinuousdevelopmentofthecompany.
Formostorganizations,withoutpropermanagement,thepurchasingandmanagementofsparesforthedailyoperations,maintenanceandrepairofproductionandmanufacturingcanturnintoacomplex,timeandresourceresourcingissue.ThisproblemalsoconcernsIanRitchie,Brammer’sUK’smanagingdirector.
InordertocutdownthecostofsuchpurchasingandmanagementandfocusonthecorebusinessoftheBrammer,hehastakenintoconsiderationoutsourcingsuchpurchaseandmanagementtoothersmallcompanies,withthemoreandmorepopularityofoutsourcingandoutsourcingwebsites.
However,thishasnotbeenapprovedbytheboardofdirectors.Butitwillbediscussedasagoodideatocutdownthecostofpurchasingandmanagement.
3.Thestatementofthemanagementproblem
Indifferentstagesofacompany,itwillhaveachancetobeencounteredwithvariousproblemsintheareasofmarketing,humanresources,finance,operationsorgeneralmanagement.FortheBrammer,itisobviousthecompanyisfacingtheprobleminoperationsorgeneralmanagement.Withtheexpansionofthecompany,thecostofdailypurchasingandmanagementisincreasing,whichwillhaveanegativeeffectonthefinalprofitofthecompany.Asaresult,itneedsbettermethodsofmanagementtoreachabettersettlement.(Gupta,&Ashok,1992,p.p.44-59),
4.Researchquestions
ThisessayistryingtohavearesearchaboutwhethertheBrammershouldtakeadvantageoftheoutsourcinginordertoachievethegoalofreducingthecost.Beforetheconclusionisfinallydrawn,someresearchquestionsshouldberaised.
1)Whatarethereasonsforoutsourcing?
2)Whataretheadvantagesanddisadvantagesofoutsourcing?
3)WhetherthereisaneedfortheBrammertouseoutsourcingasamethodtosolvetheoperationalandmanagementproblems?
4)IftheoutsourcingiscarriedoutbyBrammer,howandwheretoseekforoutsourcerwhocanofferhighqualityofservice?
5)IsthereanyotherproblemsinthemanagementoftheBrammer?
Ifyes,howtosolvethem?
5.Researchobjectives
InordertooffersomesuggestionsfortheBrammertosolvethecurrentoperateandmanagementproblems,withthegrowthofthecompany,thisessayistryingtohavearesearchonthenecessityandfeasibilityofoutsourcingthedailypurchasingandmanagementtosomeotherco