Strengths of QAD Inc.
- Successful track record in mergers & acquisitions
integrating complementary companies. In the last few years, it has
effectively absorbed a range of technology firms to streamline its
processes and create a stable supply chain.
- Better Returns on Capital Spending – QAD Inc. is fairly
successful in introducing construction ventures and achieving
strong capital spending returns by creating construction revenue
sources.
- Highly trained labor force by effective educational programs
and research. QAD Inc. spends tremendous amounts in its workplace
recruitment and growth culminating in a workforce that is not just
highly qualified but also inspired to do more.
- Reputable suppliers – It has a deep base of reputable raw
material manufacturer thereby allowing the business to solve any
bottlenecks in the supply chain.
- A powerful group of dealers – It has developed a culture among
distributors and dealers where dealers not only endorse the goods
of the business but also invest in educating the selling staff to
demonstrate to the consumer how he/she can gain the full benefits
from the products.
- Solid delivery network-QAD Inc. has developed a robust
distribution network over the years that can cover much of its
future market.
- Action automation added quality stability to QAD Inc. products
and allowed the company to scale up and down depending on market
demand conditions.
- Superb Results in Emerging Markets – QAD Inc. has developed the
experience to reach and render progress in emerging markets. The
expansion has helped the company create new income sources and
diversify the impact of the economic downturn in the industries in
which they work.
Weakness of QAD Inc.
- The high turnover rate in the workplace – QAD Inc. has a higher
retention rate relative to many companies in the sector and will
invest far more in recruitment and staff growth relative to its
rivals.
- Financial preparation is not being carried out correctly and
effectively. The current asset ratio and liquid asset levels
indicate the company will use the cash more effectively than it
actually does.
- I want to invest more in emerging technologies. With the size
of growth and multiple geographies that the business is planning to
grow into, QAD Inc. has to invest more resources into
infrastructure and automate the processes around the board. For
now, infrastructure spending is not online with the company's
dream.
- The advertising promotion has left much to be desired. Although
if the company is a commercial success, its positioning and
specific selling point is not well established and can lead to
competitors' attacks in this market.
- The layout of the company is consistent only with the present
business model, thereby reducing the growth of neighboring product
segments.
- Relative to the competition, days inventory is strong –
allowing the organization to raise more money to spend in the
market. This will have an impact on QAD Inc's long-term success.
The company was unable to overcome the obstacles posed by the
segment's new entrants and lost substantial market share in the
categories of niches. To combat these obstacles, QAD Inc. will
create an internal engagement system directly from the selling
staff on the field.
Opportunities for QAD Inc.
- Reducing freight costs due to reduced import rates will also
minimize the costs of QAD Inc.'s goods, thereby presenting the firm
with an opportunity to either improve its competitiveness or pass
on the benefits to consumers in order to increase market
share.
- The key competencies of a company will be a winner in a related
area with other goods. It can be a comparable case-GE healthcare
work that helped it build improved oil drilling equipment.
- Low inflation rate – The low inflation level gives more
financial stability, providing lending to QAD Inc. consumers at
lower interest rates.
- Business growth would dilute the advantage of the company and
allow QAD Inc. to improve its profitability as opposed to other
rivals.
- Digital portal and clients – The company has spent large
amounts of money on the web network in the past few years. This
investment opened up a new avenue of revenue for QAD Inc. In the
next few years, the company will be able to take advantage of this
opportunity by properly understanding its clients and by leveraging
big data analytics to meet their needs.
- The new product gives QAD Inc. an opportunity to pursue
competitive sales strategies in the modern industry. It will help
the company to retain its existing customers with better service,
which will draw new customers through other value-oriented
proposals.
- Current regulations on the economy – The latest incentives
would create a fair playing field for all business participants. It
represents a tremendous chance for QAD Inc. to bring home its
innovative technological superiority and to capture market share in
the emerging drug segment.
- After years of stagnation and sluggish growth rate in the
sector, global upswing and rise in consumer purchases are an
incentive for QAD Inc. to attract new clients and raise its market
share.
Threats QAD Inc.
- No daily supply of new goods – the company has produced several
goods over the years but these are also the reaction of other
players to the production. Firstly, there is no daily availability
of new goods resulting in high and small fluctuations in the number
of transactions over time.
- Liability rules in different countries are different, so with
changes in regulations in those jurisdictions, QAD Inc. can be
subject to multiple liability lawsuits.
- In the medium to long term, new technology introduced by the
rival or market disruptor may pose a significant challenge to the
industry.
- Growing wage rates, especially trends such as $15 an hour and
rising markets in China, will lead to extreme pressure on QAD Inc's
competitiveness. The growing trend of isolationism in the American
economy will lead to similar reactions from other governments
affecting foreign profits negatively.
- Changing customer purchasing behavior from the online platform
may pose a challenge to the current supply chain paradigm powered
by physical infrastructure.
- Since the organization operates in various countries, it is
exposed to currency volatility, especially in view of the
unpredictable political environment in various worldwide
markets.
- New environmental laws may pose a challenge to some current
commodity categories under the Paris Agreement (2016).
The modules that are included are:
- Sales
- Vendor management
- Operations
- Billing
- HRIS
The company is charging a premium over other vendors because of
the all in one solution and ease of implementation.
Typically in Service industries like Hotel, Food, and Beverage,
Restaurants, Manufacturing, Automobile industries.
The typical size of the customer is from 500 to 10000
employees.
A rating of 4.2 out of 5 is given by the customer on the
website.