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Paper #096182 :: Smith & Wesson
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A profile and analysis of the Smith and Wesson company's performance.

Written in 2007; 5,128 words; 11 sources; MLA; $ 128.95

Paper Summary:

This paper discusses Smith & Wesson (S&W), the United States' leading manufacturer of handguns, hunting accessories and safety equipment. It provides a basic profile of the company, as well as a financial performance report. The paper then discusses Dr Porter's five forces analysis with regards to S&W (industry competitors, pressure for substitute products, bargaining power of suppliers, bargaining power of buyers, and the influence of potential entrants). It concludes by discussing an internal and external factor evaluation matrix for the company.

Table of Contents:
Profile of Smith & Wesson
Executive Summary
Financial Performance
Markets Served
Existing and New Products
S&W Key Differentiators
Porter Five Forces Analysis
External Factor Evaluation Matrix
Internal Factor Evaluation Matrix

From the Paper:

"As of April 30th 2006, S&W had a backlog worth $42.1M in orders, the majority of which is for the M&P pistol orders from the Afghan Army, in addition to the successful launch of the M&P15 rifle. This is a firm backlog based on purchase orders already received, and puts pressure on S&W to manage their key suppliers for inventory positions to fulfill these orders on time, as Glock is now considered by many in the US Government to be an unreliable supplier.
In the Form 8-K filed by S&W with the Securities and Exchange Commission on September 19, 2006 Michael Golden, President and CEO, and John Kelly, CFO discussed the implications of managing suppliers in light of the major turn-around in manufacturing process efficiencies. In the Form 8-K the impressive performance of manufacturing is discussed, with guns per day output going up 40% year over year, on-time delivery of orders increased from 60% of all orders to 85%, machine uptimes increased from 60% to 80% and inventory turns up 3 times over the previous fiscal year."

Tags: security Glock pistol

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