Costco Swot Analysis

Nucor SWOT Analysis STRENGTHS: Has a strong leadership team at all levels. Workforce is highly motivated, productive, and flexible. Technology = Innovation and technology has been the integral strength for Nucor Co. They are always into searching for brand-new mediums and technology in the production side. The major benefit that they get from it is the nub of resources that they save and the improved efficiency levels. (McLean, 2009) Continuing Innovations = Nucor has plants with low defilement levels. The ability for Nucor to theatrical role this to its advantage allows them to be more militant with the market by substantially lowering their production cost. It also allows them to be environmentally friendly, a huge worldwide concern these days. Nucor is always mournful and always improving its business cycle through the use of continuing innovation. (McLean, 2009) One of the largest leaf blade producers and recyclers in the United States. passing automated plants requiring fewer man-hours than competitors. (Nicholson, 2010) Close relationships with major customers. WEAKNESSES: Location: Congregated itself in US = All of the 14 plants Nucor are located deep down different states in the US.

The major problem that arises due to this is that Nucor can non in effect cater to international markets as compared to its competitors who have plants worldwide. Distribution and transferral costs are very high in the steel industry and shipping it to overseas countries is a lot difficult and big-ticket(prenominal) for Nucor. Nucor needs to re-position itself in the market to effectively compete with its competitors. (McLean, 2009) somewhat susceptible to swings in market demand (price) for scrap steel. (Nicholson, 2010) Does non give deals on quantities purchased. Nucors most significant weakness lies with its domesticated market. With the US market being Nucors primary customer base, Nucor is not able to offset losses because of a diversified attitude worldwide. (McLean,... If you want to get a full essay, order it on our website: Ordercustompaper.com

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