Lear Corporation SWOT and PESTLE Analysis

Strength

1. Leading Tier 1 supplier to the global automotive industry: Lear Corporation is one of the biggest and most prominent suppliers of automotive systems in the global space. This is evidenced by the fact that the products of Lear Corporation are incorporated in most major automotive manufacturers. This breadth of reach is one of the biggest strengths for the company, with its presence being felt in over thirty-nine countries. The diversity of its product offerings complements the company well, giving the automotive manufacturing companies a wider bouquet of products to choose from. Many of the leading auto companies of the world have a need for new and improved versions of complete seating and electric systems. This rise in demand has been the result of rising per capita incomes around the world and technological advancements in electrical systems. And Lear Corporation is well placed to supply this demand.

2. An extensive network of dealers and distributers lets the company aggressively push their products: With its presence in more than 30 countries around the world, the supply chain and distribution network of Lear Corporation is one of its prominent strengths. For any company that has such an extensive global scale of operations, having a strong network of distributors and dealers is most important. This network is the backbone for the company on which it relies to solicit and supply parts and new offerings to automotive manufactures around the world. The network allows Lear corporation to provide the crucial sales and after sales service for their seating and electrical systems. In a highly geographically dispersed operative market, this is the last mile service that is crucial for running the sales pipeline smoothly. Having strategic and competitive partnerships with local players in the different industries that Lear Corporation has ventured into, the company has ensured that it always has a competitive advantage.

The remaining section of "Strength" is available only in the 'Complete Report' on purchase.

Weakness

This section is available only in the 'Complete Report' on purchase.

Opportunity

This section is available only in the 'Complete Report' on purchase.

Threat

This section is available only in the 'Complete Report' on purchase.

Political

This section is available only in the 'Complete Report' on purchase.

Economic

This section is available only in the 'Complete Report' on purchase.

Social

This section is available only in the 'Complete Report' on purchase.

Technological

This section is available only in the 'Complete Report' on purchase.

Legal

This section is available only in the 'Complete Report' on purchase.

Environmental

1. Issues with relation to water and air pollution by the manufacturing units of these companies: Environmental degradation and issues with soil pollution have been at the forefront of discussion with environmental agencies and governments over the past decade. Being a company that is involved in manufacturing that involves metal processing, Lear Corporation is focused on the carbon footprint and environmental impact that the company has on its immediate surroundings. The company is also involved in several green and energy efficiency initiatives, which include Over 180 energy efficiency projects were completed to reduce electric energy consumption in production & facilities, Continued evaluation and installation of occupancy sensors or timers for lights in warehouse and office areas, switching to programmable thermostat to control the heating and air conditioner system during evenings, weekends and holidays. The company records that it has contributed to global GHG reductions, by saving 63 kilo tons of C02 per year globally with weight reductions in the seating systems that it offers.