Swot Analysis Smucker's
Essay by review • February 16, 2011 • Case Study • 584 Words (3 Pages) • 2,942 Views
Strengths
* Smuckers was the leading producer of jams, jellies and preserves in the US, Canada and Australia in mid 2002
* The company has always met or exceeded consumer expectations
* It has been in the top quartile of Fortune's 100 Best Companies to Work for every year since 1997
* The innovativeness of the transaction for Jif and Crisco was recognized as 2002's Best Overall Deal and Breakthrough Deal
* It was the market leader in 7 food categories in 2002
* Its market share has grown 20% since 1997 through commitment and advertising
* It has been a long time sponsor of good events
* It has a very focused portfolio allowing for the growth in shares of every brand
* It has good utilization of food brokers, a dedicated sales force, which have proven cost-effective and superior in service in various channels
* It has had a number of good product introductions like the Uncrustables and other protein rich menu items
* It has successfully blended the operations of its acquisitions to that of its own
* The acquisitions have improved its position in the food industry so far
* It has been successful in Latin American and 45 other countries
* Its sales revenues are up
* It has been doing the right thing to grow brands and become more profitable such as ensuring better retail coverage and working more closely with customers.
Weaknesses
* Smuckers is very small in size and has only a limited product line
* Its Mrs Smith Pie business was a failure because of outdated facilities
* Its sales for Crisco since the acquisition has fallen
Opportunities
* The acquisition of Jif and Crisco will give Smuckers 3 American icon brands and 7 number 1 brands
* The acquisitions will allow the company to record sales of more than $1.3 billion, double profits and cash flows, grow to $3 billion, allow for organic sales growth, new product introductions, further strategic acquisitions and own and market number 1 center of store food brands
* The industrial fruit filling business has been the fastest growing business in the early 2000s
* The acquisitions will allow the company to be broadly diversified
* The acquisition of Jif will allow the company to own the leading brand of peanut butter
* The acquisitions will allow the company to boost revenues, improve earnings, net income and free cash flows
* Jif would be a natural fit within the company, and Crisco is a one of a kind product
...
...
(2011, 02). Swot Analysis Smucker's. ReviewEssays.com. Retrieved 02, 2011, from https://www.reviewessays.com/essay/Swot-Analysis-Smucker's/39319.html
"Swot Analysis Smucker's" ReviewEssays.com. 02 2011. 2011. 02 2011 <https://www.reviewessays.com/essay/Swot-Analysis-Smucker's/39319.html>.
"Swot Analysis Smucker's." ReviewEssays.com. ReviewEssays.com, 02 2011. Web. 02 2011. <https://www.reviewessays.com/essay/Swot-Analysis-Smucker's/39319.html>.
"Swot Analysis Smucker's." ReviewEssays.com. 02, 2011. Accessed 02, 2011. https://www.reviewessays.com/essay/Swot-Analysis-Smucker's/39319.html.