Question: Question 3 : [ 5 Marks ] An engineering maintenance company is planning to develop a new Pattern Management System ( PMS ) to identify
Question : Marks
An engineering maintenance company is planning to develop a new Pattern Management System PMS to identify the high value suppliers. The main strategic objective is to optimize the relationship with the great value suppliers and to have the costeffective supply of the high quality raw materials. The strategic objective is based on SWOT analysis. According to SWOT analysis, the company might face delays in shipment of the key raw materials due to high floods in some part of the world. The PMS will also help the company to identify the right time to book the orders for shipping to reduce the cost. IT Division of the company has developed such systems in past eg they have developed a new CRM in last strategic cycle.
Answer the following questions related to SWOT Analysis.
a Identify ONE threat for the engineering company. Marks
b Identify ONE strength for the engineering company. Marks
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