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Construct 16 S.M.A.R.T RECOMMENDATIONS using the following information from this SWOT analysis: Strengths Weaknesses Opportunities Threats Well-trained staff with most employees having at least 5
Construct 16 S.M.A.R.T RECOMMENDATIONS using the following information from this SWOT analysis:
Strengths | Weaknesses | Opportunities | Threats | |
Well-trained staff with most employees having at least 5 years of experience with the company | Lack of facility space to showcase all products and services | Expand existing facilities | Limited financial resources to expand significantly | |
Well-defined and industry-leading distribution network for acquiring supplies to perform jobs and tasks | Lack of storage space to house inventory | Purchase and expand into new facilities | Limited human resources to expand without potentially damaging existing levels of service | |
Strong partnerships throughout the supply chain | Outdated technology for inventory replenishment | Purchase more warehousing space | Competition offering better compensation | |
Well-received customer service from employees | Lack of policy manuals for consistent training; employees just learn from job shadowing/mentorship | Purchase better technology to manage inventory | Competition has more facility space | |
Mentorship program for new employees | Lack of fundamental resource allocation system to track all resources effectively | Update technologies related to resource management and budgeting | Competition has more inventory and a wider array of product offerings | |
Strong history of current employees training new employees effectively | Inefficient scheduling system for hourly employees | Update training manuals to provide better consistency in outcomes and processes | New technology requires new learning/training | |
Loyal employees due to history of promoting from within | No standardized quality control system for customer service | Seek out new roles for existing supply chain partners to outsource other business functions | Supply chain partners may seek exclusive arrangements with competitors | |
Employees are masters of their existing technology and know the current system very well | Employee compensation is below industry average |
| Automation may blunt the importance of employee skills |
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