Scribd
Upload
1K views2 pages

Pom Swot Analysis

Top Glove Corporation is the largest rubber glove manufacturer in the world with products sold in over 180 countries. However, the company faces weaknesses such as fluctuating raw material prices and threats such as bans from the US due to evidence of forced labor. Opportunities for growth include increasing global demand for medical gloves and collaboration with Malaysian research institutions to develop new technologies.

Uploaded by

Adilya
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
1K views2 pages

Pom Swot Analysis

Top Glove Corporation is the largest rubber glove manufacturer in the world with products sold in over 180 countries. However, the company faces weaknesses such as fluctuating raw material prices and threats such as bans from the US due to evidence of forced labor. Opportunities for growth include increasing global demand for medical gloves and collaboration with Malaysian research institutions to develop new technologies.

Uploaded by

Adilya
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 2

STRENGTH, WEAKNESS, OPPORTUNITIES AND THREATS (SWOT) OF THE

COMPANY.

STRENGTH WEAKNESS

-In the glove industry, Top Glove -Fluctuation in raw material pricing.
Corporation has the greatest market share Weather, crude oil price variation,
and a global firm with products sold in more speculation, and competition from other
than 180 countries throughout the world. uses all affect the price of latex.

-The company produces 13 different types -There are no long-term contracts, and
of gloves, ranging from examination to orders have been received from repeat
industrial use, and from latex to synthetic. customers with relationships lasting from
one year to over ten years.
-Top Glove's machine technologies for latex
glove production result in outstanding -Extremely large investment in technology.
quality and are safe for all consumers to use. The machinery purchased was exorbitantly
Top Glove uses contemporary machinery to priced. As a result, equipment maintenance
implement the most up-to-date is expensive, and if any minor or significant
manufacturing procedures. accessories are broken, restoring them will
be pricey for the firm.

OPPORTUNITIES THREATS

-Malaysia's rubber glove industry was -The US Customs and Border Protection
always well-supported by the government. (CBP) banned the export of goods from
Gas price subsidies are one example of such Malaysia to the United States after
support provided to boost upstream rubber discovering that the goods are manufactured
development. using forced and contract labor. Many
people are forced to pay high cost and put
- In Malaysia's rubber glove industry, them in debt shackles [ CITATION Pet21 \l
expectations remain high. Aside from the 1033 ].
pandemic, the growing demand for high- -The industry remains labor-intensive and
quality medical services in both developed businesses rely primarily on unskilled
and developing countries will support global immigrants. Companies are having a hard
demand for gloves in the long run [ CITATION time finding workers, civilian workers are
Aym21 \l 1033 ]. not a complete alternative, and the main
difference between the two groups is the
- In order to keep up with the latest level of education [ CITATION Aym21 \l 1033 ].
innovation in rubber production, Top Glove -Global rubber prices will be more
has been working closely with the Rubber unpredictable and can cause enormous
Research Institute of Malaysia (RRI) and damage to Malaysian companies. Despite
Lembaga Getah Malaysia (LGM) on the being one of the world's top rubber
latest development in rubber research producers, the country is suffering from a
technology in Malaysia. declining upstream industry.
References
Background, Top Glove Company;. (2016, November 22). Top Glove Company Background.
Retrieved from GraduateWay: https://graduateway.com/top-glove-company-
background/
Medina, A. F. (2021, September 6). Opportunities in Malaysia's Rubber Glove Industry.
Retrieved from ASEAN Business News.:
https://www.aseanbriefing.com/news/opportunities-in-malaysias-rubber-glove-
industry/
Pattison, P. (30 March, 2021). US bars rubber gloves from Malaysian firm due to 'evidence
of forced labour'. Retrieved from The Guardian :
https://www.theguardian.com/global-development/2021/mar/30/us-bars-rubber-
gloves-malaysian-firm-top-glove-evidence-forced-labour

You might also like