Panera bread swot essay example
Panera bread unique selling proposition
This has reduced the costs of transportation, which is beneficial for Panera Bread as it will lower its overall costs. Another weakness that Panera Bread Company has is its lack of scale. A thorough strategic analysis is a detailed report that examines a company on several levels: externally, internally, financially, and strategically. This lack of choice can give a new competitor a foothold in the market. Green government drive: this provides an opportunity for Panera Bread for the sale of Panera Bread's products to federal and state government contractors. It should be used as a starting point to make strategic decisions. Reliable suppliers — It has a strong base of reliable supplier of raw material thus enabling the company to overcome any supply chain bottlenecks. The new technology provides an opportunity to Panera Bread Company to practices differentiated pricing strategy in the new market. This means that the costs of inputs could increase for Panera Bread. Panera Bread has a diversified workforce, with people of many geographical, racial, cultural and educational backgrounds that help the company by bringing in diverse ideas and methodologies of doing things.
How well do the pieces fit together? Market Research: Panera Bread has not conducted market research within the market that is serves since the past 2 years. It also loses the opportunities that their competitors will have to establish themselves in foreign markets.
Panera bread swot analysis 2017
This reduces efficiency in operations by making them more time consuming. The growth in consumer spending in the economy is likely to increase consumption for Panera Bread's products. There are interrelationships among the key internal and external factors that SWOT does not reveal that may be important in devising strategies. It has to pay large amounts of rent on these adding to its costs. Opportunities for Panera Bread Company — External Strategic Factors Article continues after advertisement New environmental policies — The new opportunities will create a level playing field for all the players in the industry. Regulations have loosened in recent years making it easier for businesses to carry out their operations. Panera Bread can sell products in these markets and take advantage.
Opening up of new markets because of government agreement — the adoption of new technology standard and government free trade agreement has provided Panera Bread an opportunity to enter a new emerging market.
The expansion of the company has created more geographic presence for top line growth. According to Wall Street Journal, Panera scored the highest with customer loyalty in their market niche. Baker, M.
Page 7 Exhibit 3: Five Forces Analysis……………………………………. Tourism: growth in tourism is beneficial for Panera Bread as it will provide new potential customers that it can target in order to gain market share.
Panera bread strategy
Mercer, D. It also involves estimating the probability of an event occurring in the external environment. In the company purchased Saint Louis Bread Company which had 20 locations. Opening up of new markets because of government agreement — the adoption of new technology standard and government free trade agreement has provided Panera Bread an opportunity to enter a new emerging market. This is a threat to Panera Bread as it can lose its customers to these new entrants. This is a problem because if a change in state taxes could bring a risk to the market concentration. Consumers within the industry are becoming more conscious of health, and this is a segment that is growing. Diversification in the workforce: The workforce at Panera Bread is concentrated with mostly local workers, and low amounts of workers from other racial backgrounds. This means that if Panera Bread is able to hire skilled labor, it would have to spend less on training and development, therefore, saving costs. Regulations on international trade keep changing, and this requires compliance by companies if they are to operate globally.
Panera Bread has a diversified workforce, with people of many geographical, racial, cultural and educational backgrounds that help the company by bringing in diverse ideas and methodologies of doing things.
Suppliers: The bargaining power of suppliers has increased over the years with the decrease in the number of suppliers.
Technological developments: technology comes with numerous benefits among many departments.
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