Strategic Cost Management (SCM) GPBL Trimester Essay Example for Free

strategical Cost Management (SCM) GPBL Trimester EssayStrategic Variance Analysis of a bulletproof Growth,Price, Profitability, Productivity Elements alter its Profits and consequent Cash Flow. Max. Word Count 3000 words This is a study on a Strategic Variance Analysis for the profitability as well as the Operating Cash flow. In this context you need to take some critical assumptions if you are unable to procure the relevant duodecimal details. The quantitative details you will need are as follows 1. application aggregates of the Units Produced and Sold 2. Chosen potent level details of the Units Produced and Sold. 3. Input Output Ratio. This will need assumptions and perhaps be restricted sole(prenominal) to the materials. You need to perform a reasonable amount of research to obtain these numbers. Quantitative details whitethorn be provided in Annual Reports of the firms constituting the assiduity you learn considered. Check sources such as the Capitaline. Ministry o f Commerce and Industry, RBI, readying commission, some publications such as the statistical outline of India etc etc. You need to examine the following a) withdraw an Industry, use an appropriate justification of having defined the industry by using the ITC code, HSN or SIC variety or any other that will have some universal acceptability. b) Choose a Firm you would want to analyze that constitutes the Industry you have chosen. c) If industry aggregates are not available define the industry by identifying the major industry players and then aggregate their quantitative details to make this a substitute for the Industry or the market you would want to consider. d) Perform a Strategic Variance Analysis to severalise the impact of Growth, Price and Productivity elements in explaining the impact on the changes in the profits of the firm you have chosen for the year with its subsequent year. Therefore if you are analyzing the Year 2011 compare this with 2012 for the firm and the ind ustry. e) Perform a strategic variance analysis on the operating cash flow for the firm chosen. f) Conclude on strategy you believe the firm is adopting given the financial analysis you have done.Marking Parameters 1. Choice of the Industry and the firm and its justification. -10 Marks 2. Demonstrated evidence of the research done in obtaining information for points (a), (b) and (c). 30 Marks 3. Critical Analysis of Points (d) and (e).50 Marks 4. Conclusion10 Marks