A supply chain is a system of organizations businesses, people, activities, information, and resources that are involved in moving a product or service from the producer to customers. Supply chain activities may involve transformation of natural resources, raw materials, and components into end and finished products which are delivered to the end custom.
SWOTT TABLE ANALYSIS- EXTERNAL AND INTERNAL FACTORS
FACTOR | STRENGTH | WEAKNESS | OPPORTUNITIES | THREATS | TRENDS |
Global | Nanopillars company has a vision of expanding its branches to several other parts of the world by opening new businesses abroad | Supply chain management requires an additional funds to establish in global market which might not be available presently | The company has to venture in massive new markets in Asia and Europe since it deals with very unique products | There is high political instability in some African countries and middle east which is dangerous for the company | The tremendious growth of the company overseas provide room for better business opportunities |
Economic | Improved economic conditions will provide better franchise businesses | Greater disposable income to stimulate buyers to go for expensive alternatives | Creation of commercial real estate recovery prompting more internal expansion of the business | Fluctuating economic trend leading to fluctuating prices of electronics in the world market | The global economic recovery remaining constant |
Legal and regulatory | The company has resorted in pricing the products fairly to avoid clashing with the authorities. | New global markets pauses new challenges in the market | Establishing strong relationships with foreign partners | Legal costs for breaking foreign legislations and regulations | Increased regulation costs in usa may increase production costs |
Environmental | Use of cheap and environmental solar energy reducing pollution rates | Increased competition from other companies | The company shows commitment in environmental friendly energy | Environmental accidents might cause harm to the users | Consumers are more concerned with consuming environmental friendly products |
Competitive analysis | Nanopillars unique products makes it have a competitive advantage | Most competitors have only inlets in usa | Uses natural products which are differential from those of competitors | The company fears that the close competitor opening new markets in its new locations | There is global expansion of energy production globally. |
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INTERNAL FACTORS
Factor | Strength | Weakness | opportunities | threats | Trends |
Strategy | The company has an aggressive strategy for faster expansion | The rapid growth may cause lagging in other sectors | Nonapillar company continues to build its presence in emerging markets | The company’s aggressive strategy may be rejected by some cultures | Some African countries have shown increasing demand in solar energies |
technologies | The company has optimized efficiency for electronic processing and distribution | The technology requires significant human capital for better production | The company should major on labor automation so as to reduce manual labors | Fear of competitors developing automation at a faster rate | Technology has been seen to be generally decreasing in costs on a daily basis. |
innovations | The company has created a social media platform for marketing to build on the customers loyalty | In their adverts, the competitors offers services which are cheap and are of higher qualities | Developing automate paying systems for orders done online and creating online payment systems | Negative media coverage could results into brand negativity thus reducing the customer base | Customers prefer products which are unique and qualitative. |
Intellectual property | Nanopillar company is recognizable worldwide | The brand used is associated by low quality electronics used thus making the customers to shy away | Increasing awareness of high quality electronic products | Use of IP by foreign competitors without legal resource | Use of internet in marketing makes the products to sell very fast |
Reference
Bas, E. (2013). The integrated framework for analysis of electricity supply chain using an integrated SWOT-fuzzy TOPSIS methodology combined with AHP: The case of Turkey. International Journal of Electrical Power & Energy Systems , 44 (1), 897-907.
Rushton, A., Croucher, P., & Baker, P. (2014). The handbook of logistics and distribution management: Understanding the supply chain . Kogan Page Publishers.
Simatupang, T. M., & Sridharan, R. (2016). A critical analysis of supply chain issues in construction heavy equipment. International Journal of Construction Management , 1-13.