Nypro Swot Analysis
Essay by people • December 9, 2011 • Case Study • 2,726 Words (11 Pages) • 2,258 Views
Nypro
Just post another case study, there were really a lot work of AMA...
SAMPLE 1:
Background:
Nowadays, NYPRO is a very famous large custom injection molding company in all over the world. Especially, the sales have achieved $200 million in 1995. However, 20 years ago, it was just one small business of over 2000 injection molders.
1.SWOT analysis.
Strengths:
1) The company has high goodwill in the market and establishes their good image in the customers.
2) They have two form of company, one is consolidated company, and another is joint venture.
3) Excellent products and services, such as clean-room, high quality plastic.
4) Good strategy: "To be the best in the world in precision plastics injection molding, creating value for our customers, employees and communities." In addition, there are some key important points in the strategy.
5) A wide variety of products and a wide market (globalization).
6) Good network ---they build a world wide network of customer.
7) High quality standards of products and production flexibility.
Weaknesses:
1) The personally review of internal reporting system will lead to omit or burden of the information of company, and then make some negative effects for the company development.
2) Because of two forms for company, thus, it is very hard to control the whole organization.
3) The low price strategy will reduce the profits of company.
4) The process of judged 23 profit centers will expense too much human resource and cost for company.
5) The controllers of direct report and indirect report are divided, and that will make some negative effect for decision and development of company.
Opportunities:
1) New market & new production.
2) New demands of customers.
3) Global information.
4) Competitor's vulnerabilities.
5) More partners joint into the company.
Threats:
1) Financial problems.
2) The rapid growth in information technology was making internal report system obsolete.
3) The wrong measure of company development will be made.
4) Pricing fights.
5) Substitute production.
6) Threats from competitors.
7) Rapidly changing in business environment.
2. In my opinion, we can keep the daily P&L report as a supplementary result of performance for company. However, nowadays, because of rapid growth in information technology, there are some information and value opportunities which the P&L report can not respect. Thus, we can not just use P&L report as the major report to measure the company performance. In addition, because of the P&L report was not based on the good cost accounting data and a principle, it just describes the profits and loss of facts item by item, and is not relative cost of goods and services, so it is can not to measure the performance of company.
3. In fact, there are many methods systems can be use to measure the level of the company performances. In my mind, the best is activity-based costing system to measure the result of company operating, because the costs of activities can perform on each individual unit of product and services, and it easy to control more regular than other methods system. However, in this case, we should say the daily P&L report also have its own effects on the measure of the company. Thus, it needs to say, the activity-based costing can not replace the daily P&L report, but should be additional as the major. In addition, some other elements should be additional and will be more effective, such as return on investment, transferring pricings and the balance scorecard.
4. Use the ABC type cost system; we can identify the cost of activities performed on each individual unit of product or services more clearly. In addition, because the ABC type cost system relative the cost of products and services, it can calculate the COGS more easily and more effective for make decisions and right strategy for company, and the reports are more efficiently to the direct and indirect controller. At the same time use this method, we can see the cost of activities undertaken to support individual products regardless of the number of units, and to meet the needs of customers. Due to this, it can help company expand the new market areas and attract more consumers in future. Thus, it will give more wide opportunities for the company development.
5. Of course not. Because just the daily and monthly reports, they are very hard to respect the whole operating performances of the company. Moreover, there will omit some data and record some wrong information to lead to wrong judge the company position in the competitive markets. Especially, the year report is very import because it can be analysis the whole trend of the company. In addition, there are more balance sheet in the reporting system are necessary, such as financial performance/position statements, return on investment, the balance scorecard and some other important reports.
SAMPLE 2
NYPRO Inc
Conduct a SWOT analysis
Strength
1. Able to find a neish market for their product to be sold.
2. Initially when the company started its competition was based on price. But tey were able to differentiate themselves by marking their product higher quality and focusing on selling the product to the fortune 100, example: Johnson & Johnson, Gillette
Weakness
1.
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