W.W.Grainger Strategic Plan

Strategic plan for W.W. Grainger Jayme Knapp June 17, 2008 Grainger will drive the future of fabric requirement for operations (MRO) purchases through strategic operations by focusing on growing underway customers and embracing clean technologies that will strengthen the companionships current capabilities. e realplace the last three years Grainger has made significant investments into appear technologies that allow for more efficient workflow and faster regress times on sourcing quotes for those hard to find items or one-offs. An native audit of Grainger shows that of a stable, forward thinking and very strategically planned company that looks for top quality people who will provide world class service to its customers. Grainger has two very strong key initiatives that they are focusing on. The first is trade expansion - a multi-year program to gain share by improving customer coerage and overall positioning of its ingathering and service offering in the top metropolitan markets in the U.S. The second is product line expansion - in 2006, Grainger come out introducing a broader and deeper product offering that will help them remediate serve customers across more unplanned purchasing situations.

In order of battle to achieve those goals, we need to assess there current and past performance, including there internal strengths and weaknesses. In comparison with the previous five years, Graingers financial strength is having an upward write out in the following areas: Net Sales, Net Earnings, Total Assets, and cash in Dividends paid per share. In addition to Graingers financial strengths the company overall has low debt and strong cash flow. Below is a detailed analysis of there financial position as of February 2008: Net sales pitch increased from $4.6 billion in 2002 to over $6.4 billion in 2007 Net earnings have increased from $226 million in 2002 to over $420 million on 2007 Total Assets have increased from $2.6 billion in 2002 to over $3.0 billion in... If you want to get a full essay, order it on our website: Orderessay

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