Question

In view of the sluggish sales in the year 2019, Panasonic continued to search for new business opportunities by securing new agency with growth potential.

a) Used the SWOT analysis work on its supply chain management

Would really appreciate if you do not copy paste your answers from other sources and do use your own words and answer according to the marks requirement.

Answer 1

Sluggish just can be about anything. An okd computer that takes forever to load a piece of software is sluggish, as is a car that can’t quite make it up a big hill. So, basically it’s moving or working slowly than normal in a way that seems lazy. In 2019, Sluggish sales Panasonic continued to search for new business opportunities by securing new agencies with growth potential is aiming for a 15% plus growth in revenues in the current financial year despite the Covid-19 disruption, the company drew up a revamped business plan to reorient strategy and make up for lost sales due to the lockdown. Meanwhile the pandemic also offers it’s own opportunities and Panasonic life solutions.

While pushing for these business- to - business and business-to-government channels and changing it’s business mix.

The purpose of a supply chain Swot analysis is to provide an overview and information to enable the match strengths and weaknesses to the opportunities and threats encountered by the company in its environment. A good place to start developing your supply chain technology strategy is with a tool called a SWOT analysis.

SWOT stands for

S- strengths

* Solid market position and brand

* High quality products

* large variety of products

W- weaknesses

* Expensive products

* Inefficient management

O- opportunities

* Technology

* Emerging markets

* New products

T- threats

* Heavy competition

* Volatile mark