The Future Move of Owens Precision Machinery - Research Proposal Example

The paper “The Future Move of Owen’s Precision Machinery” is an exciting example of the business research proposal. In this paper, the case of Owen’s Precision Machinery would be discussed. The company is a machine shop that has felt a recent surge of demand as the trend of insourcing has felt an increase after the recent recession. While the company is keeping up with the increasing demand, the company is also facing issues of dwindling cash reserves. In order to stay ahead of the competition, the company has to keep inventory in stock because of the long lead time that suppliers require.

For this, the company has to rely on outside investment which makes the President and owner consider whether he should sell off his company.The aim of this paper is to analyze the future move of the company. Owen has two options: he could either sell the company or ask his friend and investor for another loan. In order to decide which option to pursue, Owen would have to analyze his company as well as the industry in which he operates. He needs to find out if the issue of capital shortage can be corrected in the near future and what steps should he take in order to solve the problem.

If he feels that the company has no future, then the best course of action would be to sell off the company.In order to recommend the best course of action for Owen Precision Machining, the first part would be to study business models that would help in analyzing the situation at hand. The models that have been used in the paper are SWOT Analysis, Risk-Reward Analysis, Just In Time Strategy, Vendor Managed Inventory, Business Process Reengineering. Chapter OneOwen’s Precision Machining is a small machine shop that operates with a total of 15 employees and under the leadership of the President and second-generation owner, Christopher Owen.

The company develops machine parts for robot prototypes and laboratory automation equipment.Before the economic crisis that hit the world in 2007, more and more companies were outsourcing their manufacturing to emerging countries around the world and chief among them was China. This trend of outsourcing had resulted in a decline in manufacturing in the US which led to the massive amount of people being left unemployed.