Reorganização operacional de uma unidade industrial de componentes automóvel

: estudo de viabilidade económico-financeira Capex vs manter o paradigma de maior Opex

Abstract

The present study, framed within the scope of the Master’s in Management of the Universidade Católica Portuguesa, in Project modality, aims to analyse the economic and financial viability of the construction of a new warehouse, in an industrial unit of automotive components. Given the scenario of high disruptiveness that the components industry has been demonstrating in recent years, it is essential that companies do not lose the ability to innovate and diversify, acting towards increasing levels of competitiveness and consolidating their financial position. Therefore, the Discounted Cash-flows method was used for the empirical study, which is based on updating future income to a minimum required rate of return (WACC). As the investment will be applied in a company already operating, the Incremental Cash-flows technique was used to determine the project's cash-flows and to evaluate them based on NPV, IRR and Updated Payback Period profitability indicators. Finally, a scenario analysis was carried out in order to incorporate risk in the evaluation. In fact, after carrying out analyses and projections, it was determined that the project in question is economically and financially viable for the company, as it contributes to the optimisation of operating costs, generates growth in productivity levels and creates favourable conditions for access to new markets.

Date of Award	14 Jul 2023
Original language	Portuguese
Awarding Institution	Universidade Católica Portuguesa
Supervisor	Luís Marques (Supervisor)