International Business English learning [8]

Problem Communication giving a report at a company meeting

After a contract is signed between action and standard, the demand for products increases significantly. Jennifer and her boss, Mr. Gibson, worried that the company would not be able to supply so many products in the future, so they held an internal meeting. Jennifer is responsible for explaining the problem to the participants and asking various cadres to propose improvement plans.

　　English text

To begin, let's take a look at the distribution contract we just
Signed with Standard Suppliers. I believe each of you has a copy.
　
Looking over the numbers, you get an idea of what standard expects
From us in terms of monthly shipments. I think you'll agree that our
Necks are on the line here.
This leads me to my first concern.
Frankly speaking, we're worried that current productivity can not keep
Up with demand. MR. Gibson and I have gone over action's operating
Expenses, and we believe that there is room to both expand and upgrade
Facilities.
The best place to start is action's mainstay-
Assembly line. What we 'd like each of you to do is to go over your
Respective operations, make recommendations about improving production,
And report back to us.

　　Chinese Translation

First, let's look at the distribution contract just signed between the company and standard. I believe that you have a copy in your hand.
After reading the figures recorded in the contract, you will know how much the standard company will import from us each month. I think everyone agrees that we are at risk in this regard.
This is my primary concern. Frankly speaking, we are worried that the current productivity will not keep up with the demand; Mr. Gibson and I have carefully checked the company's operating costs, and we think the company still has a license to improve equipment and increase production.
The best way to start is the production line, which is the backbone of our company. We hope that you will review the operation of your own department, then propose suggestions for improvement, and let us know the situation.

　　Phrase explanation

Neck (s) is (are) on the line adventure; bet on luck
This is a slang term. The literal explanation is a bit like the Chinese saying that the neck is on the knife. To describe a dangerous situation.
I hope you know what you're doing because we're re really putting our necks on the line.
I hope you know what you are doing, because we are at great risk.

Operating expenses
This refers to the various expenses required for the operation of a company, such as employee salaries, office or plant rents, and hard equipment. "Operating" is an explanation of "operation, Operation.
If our operating expenses exceed sales, we won't be able to make a profit.
If our operating costs are higher than sales, we will not be able to make any money.

Keep up with, keep
This phrase refers to the ability to work with other people's speed or level to catch up.
Can our factory keep up with the incoming orders for the next six months?
Can our factory work with orders for the next six months?

In terms... Just... For example... From the perspective
"Terms" refers to the 'condition and status' here. The noun phrase after the "of" is the standard and angle of measurement.
He used to think of everything in terms of money.
He used to measure everything with money.

Assembly line production line, assembly line
This is an assembly line for mass production, including a combination of components and personnel in different manufacturing processes. "Assembly" can be used to explain 'assembly part' here.
Working on an assembly line can be incredibly boring and tiring.
Assembly line work is usually boring and tiring.