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Sri Sabari Engimech Pvt. Ltd.: Hard Times and Recovery in the Operations and Maintenance Market
內容大綱
Sri Sabari Engimech Private Limited (SSEPL), a firm founded in 2001, provided contract-based staff for the operations and maintenance (O&M) of plant and machinery (P&M), mainly in the petrochemical sector. The founder reaped profits from the first month onward. In 2008, his son took over SSEPL as director of operations and expanded the company’s services and clientele to increase profits. In 2019, the company encountered loss for the first time because of, among other reasons, malpractice by its former CEO, the ex-CEO starting his own O&M outfit and taking with him some of SSEPL’s employees, the entry of new players into the market, and the 2019 novel coronavirus pandemic. However, SSEPL managed to bounce back with low profit margins the following year, leading the director of operations to contemplate the way forward for the company.
學習目標
After reviewing the case, students are going to be able to do the following:<ul><li>Appreciate the business opportunities available to contract-based employees working in the O&M of P&M in the oil refinery, engineering, construction, and other industries</li><li>Analyze the circumstances that have led the founder to reach the current level of business and examine the planned and unplanned aspects of venture growth</li><li>Understand the different types of O&M contracts that a company can set up with client organizations and the requirements of an O&M contract to maintain a good owner-contractor relationship</li><li>Understand the statutory requirements SSEPL must comply with when overseeing its contract-based staff</li><li>Be aware of the challenges faced by a staffing contractor working in the O&M of P&M in a petrochemical refinery</li><li>Explore the various options available to the director of operations for improving SSEPL’s bottom line in the O&M services market</li></ul>