A company is considering manufacturing a product in another

A company is considering manufacturing a product in another country but is concerned about The political ramifications of off-shoring and concerned about doing business in a developing country, The company should perform what? S.W.O.T analysis (Strengths, Weaknesses, Opportunities and Threats) Environmental Scanning External Probing Competitive Landscape Review (CLP)

Solution

SWOT Analysis:

Strengths:The key strength for you is the way your manufacture your product it should be patent or made secure.

Weakness: Patent or the process which you may want to follow might become insecure within your working group, you need to check if the technology you are using is updated.

Opportunities: You need to examine or survey the key opportunities and its feasbility for you to produce within your limitation would be possible or not , if possible you need to check do you have the right equipement to produce it, if no you have to procure the right equipment to produce the product meeting the demand.

Threats: Threats might always come a new competition migh arrive in between after you start off, you need plan a differentiation or uniqueness in your product understand the customer need, so that the majority of the your product demand lies with you.

Environmental scanning: It is important to look before you star your company to check the fesibility of water aviability and climate around the company should support the empoyees working as well as the product which you are going to produce. also the suitable environment to support the equipement installed (to avoid hurrances, wind speed, seashore side equipement would deplet early)

External probing: Major external probing is political ramification occures to most of the companies depending on the demograhic location you are working. At times there might not be. Incase there is political influence there might be chance the we might not bring the right talent to the company and some time need to deviate the recruitment process to hire due to poilitical influence.Apart from political influence there are external forces like staturtory officers, government officials etc. These influence should be tackled in a smoother matter.

Competitor landscape review: It is review to understand the competitor position in the market, percentage of market share that the company has, demand for the company products in the market, the location of the company.

This information or analysis would make understand the way existing company is doing in the market and the way we need to focus to get identity and demand for the product produced.