Recommendations of Handms Supply Chain Management Practices Case Solution

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Recommendations of Handms Supply Chain Management Practices Case Study Help

On the basis of above internal and external analysis of the business along with the evaluation of numerous alternatives, the company is advised to consider alternative 3. As alternative 3 would enable the business to expand in international markets without any decrease in its regional incomes and any wear and tear of its market position. The company might pursue alternative 1 which would enable the company to focus on possible global markets rather than the local markets however as the company is extremely dependent on the regional markets with 90% of its shops in the US, there fore pursuing alternative 1 would result in the significant decline in company's income.

Aletrnative-1: Expanding International Brick and Recommendations of Handms Supply Chain Management Practices Case Help Stores

The company has a long term market position in US which can not be generated quickly in the brand-new markets. The choice would assist the company to broaden in international markets along with the removal of issues raised in its local markets related to its variety.

Pros:

• Exploration of brand-new international markets.
• Increase in income from international markets.
• Removal of concerns related to diversity.
• Income diversification.
• Action towards being a strong worldwide brand.

Cons:

• Loss of extensive revenues from the regional markets.
• Increase in competition.
• Differences in cultures could resulted in a failure of the brand particularly in Asian nations.
• Low earnings at preliminary levels.
• Increase in marketing expenditures to acquire market share.

Alternative-2: Introduction of Click and Recommendations of Handms Supply Chain Management Practices Case Help Stores

With the increased patterns towards online shopping, the online stores like Amazon, Alibaba etc. could present a severe danger to the market share of business. In this circumstance the company could consider presenting Click and Recommendations of Handms Supply Chain Management Practices Case Solution shops. These shops with a low requirement of funds to settle would make it possible for the business to reach worldwide markets, without ending its domestic stores.

Pros:

• Low investment
• Lowering competition hazard
• Access to the world markets
• Increasing the size of consumer base
• Easy to handle
• Large Revenues
• Low Operating Expense
• Easy brand-new market entryway

Cons:

• Danger to the marketplace position
• Removal of brand name Uniqueness
• Elimination of the great store experience.
• Threat of decrease in elite sales.

Alternative-3: Expansion towards International Markets Without closing Domestic Stores

Another choice that the company might think about, is to broaden towards the worldwide markets without closing its domestic shops that adds to the huge part of earnings of the company. The benefits and drawbacks related to Alternative 3 are provided listed below;

Pros:

• Reducing competitors risk
• Access to the world markets
• Expanding consumer base
• Large Profits
• Exploration of new international markets.
• Boost in profits from global markets.
• Income diversification.
• Action towards being a strong international brand.

Cons:

• Extension of concerns connected to diversity.
• Distinctions in cultures could caused a failure of the brand name specifically in Asian countries.
• Low earnings at initial levels.
• Boost in marketing expenses to gain market share.



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