Porter's 5 Forces analysis of Supply Chain Management Practices At Nokia Corporation Case Help
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Porter's 5 Forces analysis of Supply Chain Management Practices At Nokia Corporation Case Study Analysis
A Porter's 5 Forces analysis of Supply Chain Management Practices At Nokia Corporation Case Analysis could be conducted to create various methods utilizing the strengths of the business to avail chances, conquer weaknesses and to reduce the threats. It might also be utilized to examine that how particular weaknesses resist specific opportunities and increase the dangers. The methods drafted utilizing the Porter's 5 Forces analysis of Supply Chain Management Practices At Nokia Corporation Case Help are offered as follows;
• Utilization of strong international brand name position and financial resources in expanding towards potential markets.
• Special brand experience might assist the company to much better position itself in brand-new markets.
• Resistance in growth in the possible global markets motivating diversity.
• High costs restricts the growth in numerous Asian and African countries with low per capita earnings.
• Strong brand name acknowledgment, non-traditional ways of marketing and the unique brand experience might be used to lower the risk from possible clients.
• Strict look policies might led to the consumer shift towards Victoria with high social responsibility.
• Limited target markets might caused a decrease in the overall market share of the company.
These strategies might assist the business to improvise its market position and be at the leading position in the market.
Financial Analysis
Financial analysis for Porter's 5 Forces analysis of Supply Chain Management Practices At Nokia Corporation Case Analysis could be carried out to assess the availability of funds to the company that might be made use of in growth towards worldwide markets. The financial position of the company might be evaluated by utilizing the information given in the case Display 1. The ratios that could be considered in monetary efficiency analysis are given up the Table 1 listed below;
From the above Table 1, it might be seen that the company has an affordable monetary efficiency with a ROE of 7.9% and a high sales growth of 18.4%. Although, a 4.3% net profit margin does not seems to be prospective and the company needs to put efforts in increasing its profits together with decreasing its operational expenses to increase its profit margins.
Porter's 5 Forces analysis of Supply Chain Management Practices At Nokia Corporation Case Analysis
Segmentation
Many of the company's Brick and Mortar stores are located in US including above 500 shops in almost each of the state of United States. The company has also a worldwide presence in 8 different nations with its highest number of stores located in United Kingdom i.e. 21. The companyhas an overall of 54 shops in international markets that is probably the 10% of its stores in the US.
Targeting
The business targets its clothing brand to the young, high and good-looking teenagers and kids that are considered to be cool. This targeting policy is responsible for numerous differences in the business associated with its rivals. For example, the company hires excellent looking males and females for its stores and follows a strict appearance policy to preserve tourist attraction of good-looking individuals towards its stores and supply a special brand name experience.
Positioning
The company has positioned its brand as a high-end brand name targeting only a particular market section. The company with its non-traditional methods of marketing through designs and agents posters its brand name image as a luxury clothing brand targeted to the cool and attractive personalities in society. Although, this market position brings in different elite individuals towards the brand name but it hurts the company's position in different communities focused at the equality in society.
External Analysis
Competitor Analysis
Porter's 5 Forces analysis of Supply Chain Management Practices At Nokia Corporation Case Solution faces a lot of competition in the market with the presence of various number of rivals in the market. A chart revealing the close rivals together with their qualities and the marketing technique is given up. it might be seen that the American Eagle Outfitters is thought about to be the strongest competitors for company with its marketing method related to the tv shows. Additionally, Space is likewise thought about to be a possible competitor in local along with in global; markets as the company is thinking about to shift in the international markets. In addition to it, Supply Chain Management Practices At Nokia Corporation Case Study Help. with its versatile pricing technique and the Victoria's Street with its strong social status present an extreme hazard to the current market share of the Porter's 5 Forces analysis of Supply Chain Management Practices At Nokia Corporation Case Help.
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