Porter's 5 Forces analysis of Erp Implementation Failure At Hershey Foods Corporation Case Solution

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Porter's 5 Forces analysis of Erp Implementation Failure At Hershey Foods Corporation Case Study Help

Porter's 5 Forces AnalysisA Porter's 5 Forces analysis of Erp Implementation Failure At Hershey Foods Corporation Case Solution could be conducted to develop various strategies using the strengths of the business to get opportunities, get rid of weak points and to minimize the hazards. It could likewise be utilized to evaluate that how specific weak points resist certain opportunities and increase the dangers. The strategies prepared utilizing the Porter's 5 Forces analysis of Erp Implementation Failure At Hershey Foods Corporation Case Solution are given as follows;
• Utilization of strong worldwide brand name position and financial resources in expanding towards possible markets.
• Unique brand name experience could assist the business to better position itself in new markets.
• Resistance in growth in the potential worldwide markets motivating variety.
• High costs limits the expansion in numerous Asian and African countries with low per capita earnings.
• Strong brand recognition, non-traditional ways of marketing and the distinct brand name experience might be used to minimize the threat from possible consumers.
• Strict appearance policies could resulted in the customer shift towards Victoria with high social duty.
• Minimal target audience might led to a decline in the total market share of the company.
These strategies might help the company to improvise its market position and be at the leading position in the market.

Financial Analysis


Monetary analysis for Porter's 5 Forces analysis of Erp Implementation Failure At Hershey Foods Corporation Case Solution might be carried out to examine the availability of financial resources to the business that might be made use of in expansion towards global markets. The monetary position of the company might be assessed by using the data given up the case Exhibition 1. The ratios that might be thought about in monetary performance analysis are given in the Table 1 below;

From the above Table 1, it could be seen that the company has an affordable financial performance with a ROE of 7.9% and a high sales development of 18.4%. A 4.3% net profit margin does not seems to be possible and the company needs to put efforts in increasing its profits along with reducing its operational expenditures to increase its revenue margins.

Porter's 5 Forces analysis of Erp Implementation Failure At Hershey Foods Corporation Case Analysis

Segmentation

The segmentation analysis includes the analysis of numerous service sectors of the business in domestic and the global, markets. Most of the company's Brick and Mortar stores are located in United States including above 500 stores in practically each of the state of United States. Nevertheless, the business has also an international presence in 8 various nations with its highest variety of stores situated in UK i.e. 21. The companyhas an overall of 54 stores in worldwide markets that is probably the 10% of its stores in the US. It implies that majority of the revenues of the company originated from the local markets. Furthermore, the business is thinking about to expand its stores into 7 more European and Asian countries. A chart revealing the existence of the business in various worldwide markets is given in the Appendix 2.

Targeting


The business targets its clothing brand to the young, tall and attractive teens and kids that are considered to be cool. This targeting policy is responsible for various differences in the company associated with its competitors. The business employs great looking men and females for its stores and follows a rigorous appearance policy to maintain attraction of attractive people towards its shops and supply a special brand experience.

Positioning


The business has actually positioned its brand as a high-end brand name targeting only a specific market sector. The company with its non-traditional ways of marketing through designs and representatives posters its brand image as a high-end clothes brand name targeted to the cool and attractive characters in society. Although, this market position brings in numerous elite individuals towards the brand name however it harms the company's position in different communities focused at the equality in society.

External Analysis

Competitor Analysis


Porter's 5 Forces analysis of Erp Implementation Failure At Hershey Foods Corporation Case Solution deals with a lot of competition in the market with the existence of numerous number of rivals in the market. Space is likewise considered to be a possible competitor in local as well as in worldwide; markets as the company is thinking about to move in the worldwide markets.



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