StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Subcontracting strategy for future SBM offshore projects and its implemetntation - Dissertation Example

Cite this document
Summary
Manufacturing and construction companies have undergone significant structural changes over the past few years such that they are outsourcing their non-core activities at an increasing rate. Subcontractors have increasingly become important players in enhancing the productivity and economic strategies of a company…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER99% of users find it useful
Subcontracting strategy for future SBM offshore projects and its implemetntation
Read Text Preview

Extract of sample "Subcontracting strategy for future SBM offshore projects and its implemetntation"

Download file to see previous pages

The purpose of this research is to analyze the subcontracting strategies that are suitable for SBM Offshore to employ in their Engineering, procurement and construction (EPC) activities.  The document will also cover current adapted strategies, further improvisation in engineering, topsides or complete vessel subcontracting scope of work, new possible strategies and possible suggestions on improving supply chain control. The author seeks to investigate items such as what engineering activity or combination of activities should be subcontracted, whether to utilize local or international subcontractors, the risks involved and how to mitigate them, preferred business approach in selecting subcontractors and success rates of the options available.

This paper is organised in the following manner: it starts with the introduction chapter which provides the context and rationale for the research topic. The Second Chapter presents the relevant theories and models that were used to verify the choice of approach selected. The next chapter describes the approach chosen and the rationale behind that choice, the emergent issues and limitations. After, an outline of the research design and method is given. The data and results are presented in a logical manner.

The fourth chapter discusses the result findings and critically reviews possible courses of action from a variety of viable options with regard to selecting a subcontracting strategy for future projects of SBM Offshore and how to implement them. It also provides managerial implications and recommendations for consideration. The paper concludes with a Summary and Conclusions section that condenses what the research covered.  In this chapter, the researcher presents the following sub-sections: background of the study, problem statement, and purpose of the study, project deliverables, research questions, research objectives and rationale of the study.

SBM Offshore is a major player in the upstream oil & gas sector and one of the leading players in global engineering and construction solutions. SBM Offshore pioneered the FPSO (floating production storage and offloading) segment globally (SBM Offshore, n.d.) and is always on the lookout for the introduction of newer technologies and other management styles in order to steer ahead of competition. In view of this, the company introduced the concept of subcontracting in its engineering and FPSO activities.

To this effect, the company found varying success on the occasions when it resorted to subcontracting its projects in the areas of FPSO activities. In light of this fact, this research project intended to ensure that the company’s moves into the process of subcontracting would eventually prove to be profitable. The research project examined the ways in which SBM Offshore can develop their subcontracting strategies in order to improve their results in topsides and FPSO units to enhance their productivity and business performance.

Alongside, it investigated what the advantages and disadvantages of subcontracting are, with special reference to FPSO projects.

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Subcontracting strategy for future SBM offshore projects and its Dissertation”, n.d.)
Retrieved from https://studentshare.org/management/1404063-mba-consultancy-project-final-report
(Subcontracting Strategy for Future SBM Offshore Projects and Its Dissertation)
https://studentshare.org/management/1404063-mba-consultancy-project-final-report.
“Subcontracting Strategy for Future SBM Offshore Projects and Its Dissertation”, n.d. https://studentshare.org/management/1404063-mba-consultancy-project-final-report.
  • Cited: 0 times

CHECK THESE SAMPLES OF Subcontracting strategy for future SBM offshore projects and its implemetntation

Business Statistics

For any business entity interested in succeeding, advertisement is very vital because through it, an organization is capable of getting new customers as it increases its total consumer base.... Thirdly, advertisement escalates the total company sales because when a company advertises definite commodity, it will explain to individuals why that commodity is better than its substitute hence enhancing many people to prefer their commodity.... Finally, advertisement leads to fortunate change in a company's' products hence increasing its total sales (Tellis 3)....
2 Pages (500 words) Statistics Project

The Fair Market Price of the Property

The paper “The Fair Market Price of the Property” portrays location and statistics of London real estate, estimation of its fair market value, calculation of the gross rent multiplier, limitations and other data about the property for a balanced decision on the acquisition of the property....
7 Pages (1750 words) Statistics Project

Yahoo Inc

The following project entitled "Yahoo Inc.... deals with business matters of the Yahoo Inc.... According to the text, the current Chief Executive Officer of Yahoo Inc.... is Marissa Mayer who is assisted by fourteen other members of the executive team.... hellip; From the analysis in this paper, it is found that Yahoo Inc....
9 Pages (2250 words) Statistics Project

Case study report

The Senate Constitutional Amendment 5 (SCA5) is the controversy that it has sparked in the past few years since its enactment.... Ed Hernandez.... The amendment is a repeal of proposition 209 affirmative action introduced into law in 1996.... Primarily, one of… Several reasons exist as to why the amendment must not be passed....
4 Pages (1000 words) Statistics Project

Analysis of previously gathered individual presentation data

This paper uses 2000 input data set on three presentations which are “any test presentation” international business presentation and presentation on technical literature review.... The assessors in the presentation were coded such that 1 denoted male and 2 denoted female.... For… e three types of presentation, “Any test presentation” was coded as 1, Technical Literature Review was coded as 2 and presentation on International business was coded as 3....
5 Pages (1250 words) Statistics Project

Sweden's Inbound Tourism Compared to Its Competitors

This statistics project "Sweden's Inbound Tourism Compared to its Competitors" focuses on Sweden that draws a lot of financial and economic benefits through increase revenue and income.... However, the future of the Swedish tourism industry lies in a balance following the rising competition from other European countries such as Switzerland, Finland, Denmark, and Norway who have massively invested in tourist owing to the future prospect of this industry (Organisation for Economic Co-operation and Development, 2010)....
7 Pages (1750 words) Statistics Project

Spot Oil Price: West Texas Intermediate

With forecasting, managers and economists are able to understand and predict the future (Makridakis & Wheelwright, 1989).... The study sought to understand and forecast future oil prices.... "Spot Oil Price: West Texas Intermediate" paper studies the behavior and patterns of monthly oil prices from 1st January 1946 to 1st July 2014....
5 Pages (1250 words) Statistics Project

The Performance of the Ford Motor - Delivering Value to the Shareholders

Together with other measures including cutting its costs, and lobbying for and benefitting from the cash-for dunkers' program, it made a swift rebound regarding its earnings per share.... This report "The Performance of the Ford Motor - Delivering Value to the Shareholders" examines the firm's economic value added, total shareholder return, net asset value, price to earnings ratio, price to book ratio, discounted free cash flow, and evaluates Ford's role in the competitive world....
10 Pages (2500 words) Statistics Project
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us