CASE STUDY

SpendEdge’s SWOT Analysis Helps a Leading Construction Equipment Manufacturer Improve Overall Business Efficiency by Identifying Key Business Challenges

Oct 26, 2018

 Role of a SWOT Analysis Template in Developing a Business Plan

SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. SWOT analysis forms an integral part of an organization’s strategic planning process as it gives an overall view of the company’s current and future business scope. The key elements of a SWOT analysis template include:

  • Strengths: Analyzing the strengths empowers a company to gauge its competitive advantage in the global marketplace.
  • Weaknesses: Businesses that measure their weaknesses will be in a better position to counterbalance them and gain a winning edge.
  • Opportunities: They are the external factors in your business environment that are expected to contribute to your success.
  • Threats: Evaluating market threats are crucial as it allows businesses to develop precise risk mitigation strategies to overcome them.

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Overview of the Construction Equipment Market

The construction equipment market in the US is expected to witness significant growth over the next 15 years. In today’s challenging supply market landscape, companies in the construction equipment manufacturing sector are developing frameworks and tools to improve transparency and mitigate potential risks across the supply chain. The residential segment is witnessing a high demand for construction equipment owing to the rapid pace of urbanization in major countries.


Continue reading to know how our SWOT analysis template helped a construction equipment manufacturer or request a free proposal.

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About the Client 

The client is a leading manufacturer of construction equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. They have a worldwide workforce of over 38,000.

Predicaments Faced 

The client, a leading player in the construction equipment manufacturing industry, wanted to examine the internal and external environments of the firm by identifying and analyzing the strengths and weaknesses of the organization. They wanted to conduct an in-depth SWOT analysis to recognize the opportunities and threats to which they are exposed. To do so, they approached SpendEdge to leverage our expertise in developing a SWOT analysis template to evaluate their strengths and weaknesses.

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Solutions Delivered 

The SWOT analysis template aided the client to distinguish and categorize their strengths and weaknesses. Evaluating the company’s strengths and weaknesses with SWOT analysis helped them determine how to allocate their resources in a manner that will result in the highest possible potential for revenue growth and profitability. Moreover, the SWOT analysis solutions helped the construction equipment manufacturer develop business strategies and future objectives related to business expansion. Furthermore, leveraging SWOT analysis engagement helped the client stay a step ahead of its competitors.

Why SpendEdge 

For over a decade, SpendEdge has been effective in providing sourcing and procurement strategies to 500+ companies across the globe. We offer in-depth insights that help our clients devise powerful procurement strategies.


Would you like to learn more? Get in touch with our experts to know why it is essential to develop a SWOTanalysis template.

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