2 Oct 2022

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Tax Research and Supply Chain Management

Format: APA

Academic level: University

Paper type: Research Paper

Words: 613

Pages: 2

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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. 

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StudyBounty. (2023, September 15). Tax Research and Supply Chain Management.
https://studybounty.com/tax-research-and-supply-chain-management-research-paper

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