Not just digital technology but AI and other modern technologies are also helping businesses like Costco grow their supply chain and business efficiency and retain their customers for longer.
Days inventory is high compare to the competitors — making the company raise more capital to invest in the channel.
The threats in the SWOT analysis model are the external strategic factors that could reduce business performance. In this approach, these are the four main objectives: Creating proper waste management systems Significantly reducing their carbon footprint Changing how they package designs Improving energy management systems in warehouses Eco-friendly shoppers will love Costco for this endeavor.
We discuss this opportunity in more detail below. It charges a small fee for membership. These strengths not only help it to protect the market share in existing markets but also help in penetrating new markets.
It also solves the long list problem where organizations ends up making a long list but none of the factors deemed too critical.