Newness of Facilities - Weakness Our facilities abroad have attracted bad publicity in recent years. The industry average of Multi-channel approach NIKE distributes their merchandise through retail stores, but both online and physical as well as other channels.
Some of the countries where they have contract manufacturers include China, Indonesia, and Vietnam. Nike prides itself on being a premiere provider of high quality sports footwear and apparel.
Our collection period calculates to Opportunities Growing global footwear market Recently, there has been tremendous growth in the total revenue generated from footwear. Human Resources Human Capital - Weakness No successful company can exist and succeed without utilizing its human capital. There was an increase of about 4.
Though our facilities comply with local labor standards, generally, they have not met U. The fact that we are not leaders is ultimately a weakness. Increasing the minimum age of footwear factory workers to 18, and minimum age for all other light-manufacturing workers apparel, accessories, equipment to 16; Expanding education programs, including junior and high school equivalency courses, for workers in all Nike footwear factories; Increasing support of its current micro-enterprise loan program to 1, families each in Vietnam, Indonesia, Pakistan, and Thailand.
Social Responsibility - Strength In response to accusations by consumer groups over unfair labor practices, Nike has developed a Corporate Responsibility Policy that discusses how we will improve working conditions for our international employees. Our ratio of Applied research focuses on short-term initiatives such as successfully developing new product lines.
We have just recently changed our collection period from 90 days to 60 days as an attempt to encourage faster payment. Management of Debt - Weakness Despite the lower percentage of assets that are borrowed to finance Nike, our times interest earned ratio is weaker than the industry average.
As a result, we have had to exit two manufacturing operations at our Bauer Nike subsidiary. In general, the facilities are located further from most customers, resulting in higher distribution costs. Expanding our current independent monitoring programs to include non-governmental organizations, foundations and educational institutions.
Being slightly above the industry indicates that we could sell less of our inventory than what other companies in the industry would have to sell to meet current obligations.
However, the cost savings due to the placement of our production facilities allows for cheaper production of our products despite the higher costs of transporting our products. However, at times we expanded into markets for which we were not strategically suited.
The quick ratio of 1. Our collection procedures have been lax compared to others in the industry resulting in slow payers and defaulting customers.The Report presents a comprehensive analysis of NIKE INC. NIKE was founded in January as Blue Ribbon Sports by Bill Bowerman and Philip Knight.
NIKE SWOT Analysis.
NIKE Inc. is a company that designs, markets and distributes athletic footwear, apparel, and equipment for sports, and they have grown to become one of the largest is their business. Strategic Analysis of Nike, Inc.
Submitted to: A.J. Almaney, Ph.D. ISS DePaul University. Chicago, IL March 14, Submitted by: Group 1. Nike Case Analysis The Positioning statement of Nike is “For serious athletes, Nike gives confidence that provides the perfect shoe for every sport”.
Nike's financial ratios grouped by activity, liquidity, solvency, and profitability.
Valuation ratios such as P/E, P/BV, P/S. Experience sports, training, shopping and everything else that's new at Nike from any country in the world.Download