SWOT Analysis of CEVA Logistics. CEVA Logistics is a supply chain and global logistics company in both contract logistics and freight logistics. The company came into existence in 2007 as a result of the merger of EGL Eagle Global Logistics and TNT Logistics. The headquarters of the company is in Marseille, France.
Some of the main products and services of CEVA Logistics are as follows;
- Client Consolidation
- Freight Management Services
- Green Ocean Solutions
- Reefer Cargo
- Less Than Container Load
- Full Container Load
- Finished Vehicle Logistics
- Fiscal Representation
Key statistical facts and figures about CEVA Logistics are as follows;
- The annual revenue of the company in 2022 was 135 million US dollars
- Out of which, the net income of the supply chain and Logistics Company was -23 million US dollars
- Approximately 98000 employees are working for the company to manage its operations
Some of the top competitors of CEVA Logistics are as follows;
- FedEx Corporation
- ABF Services
- CH Robinsons
- Blue Dart Express Ltd
- A Duie Pyle, Inc
- Brown Transfer Company
- AJ Worldwide Services Inc
- ALG Worldwide
- Alba Wheels UP
- Concord Transportation
- UPS Supply Chain Solutions
- G2 Deals
- DSV Freight Forwarding
- XPO Logistics
Today, we’ll discuss the SWOT analysis of CEVA Logistics. It is going to focus on the internal strengths and weaknesses; external opportunities and threats to the supply chain and logistics service providing company. Here’s the SWOT analysis of CEVA Logistics are as follows;
Strengths of CEVA Logistics
Some of the main strengths in the SWOT analysis of CEVA Logistics are as follows;
CEVA Logistics has established a worldwide network. According to an estimate, CEVA is operating its business in more than 170 countries across the world comprising a network of more than 800 location points. The global network helps the company to establish a strong position in the market.
Awards & Recognition
CEVA Logistics has received the Best Employer Award in Turkey. It shows the company’s commitment to its employees; because the investment in employees would result in the form of efficiency and effectiveness.
Acquisitions & Partnerships
CEVA Logistics has established partners and acquired other companies in the field of e-commerce and logistics over the years. It has allowed the company to become the lead player in third-party logistics service providers.
CEVA Logistics has received Certification of Merit for Quality, Service, Technology, and Price from General Motors in Brazil. The certifications, awards, and recognition authenticate the performance of the company.
The worldwide network, acquisitions, and partnerships led CEVA Logistics to establish a market leadership position in the supply chain and logistics service-providing industry.
Weaknesses of CEVA Logistics
Some of the main weaknesses in the SWOT analysis of CEVA Logistics are as follows;
CEVA has a very large database of employees in various geographic regions and countries across the world. It is highly challenging for the company to coordinate and manage the entire workforce; mismanagement of the workforce negatively impacts the company’s reputation.
Low Market Share
The supply chain and logistics service-providing industry has become highly competitive in recent years. High competition makes it difficult for the company to stabilize and maintain its position in the market, and it decreases the company’s market share.
Opportunities for CEVA Logistics
Some of the main available opportunities in the SWOT analysis of CEVA Logistics are as follows;
Contract with Mercedes Benz
CEVA Logistics has recently signed a contract with the world’s leading automobile company Mercedes-Benz. The role of the company is to ship and distribute automotive spare parts; the contract with the world’s leading company strengthens the company’s position in the market.
CEVA Logistics has established partnerships with various other companies over the years. The company should keep partnering up with other companies; it would help the company strengthen its market position and business portfolio.
CEVA Logistics should further expand its logistics service portfolio in various fields and categories like automotive, consumer retail, technology, and other industries. It would help the company to increase its market share by targeting new types of customers.
Growth in the e-commerce industry and online shopping trends have increased the demand for logistics service-providing companies. CEVA Logistics should capitalize on this opportunity by entering into new areas; it would help the company to increase its sales and revenue.
Threats to CEVA Logistics
Some of the main potential threats in the SWOT analysis of CEVA Logistics are as follows;
Logistics and transportation regulations of different countries are different. It poses a great challenge to the company to comply with the SC and logistics regulations of various countries.
The tax structure for the logistics companies is highly complex. It makes the company hire taxation professionals to deal with their taxation issues.
Conclusion: CEVA Logistics SWOT Analysis
After an in-depth study of the SWOT analysis of CEVA Logistics; we have realized that CEVA Logistics is the world’s leading supply chain and logistics service-providing company. If you are learning about the business of CEVA Logistics, then you should keep in mind the abovementioned internal and external factors.
Ahsan Ali Shaw is an accomplished Business Writer, Analyst, and Public Speaker. Other than that, he’s a fun loving person.