Tyson Foods Competitive Strategy

Like most companies, Tyson Foods is not invulnerable to threats from other companies or external elements that the company can’t control. The company has not been able to tackle the challenges present by the new entrants in the segment and has lost small market share in the niche categories. Tyson Foods has to build internal feedback mechanism directly from sales team on ground to counter these challenges. Financial planning is done improperly and inefficiently. The current asset ratio and liquid asset ratios suggest that the company can use the cash more efficiently than what it is doing at present. High attrition rate in their workforce in comparison to other organizations in the industry, Tyson Foods has a higher attrition rate and have to spend a lot more compared to its competitors on training and development of its employees. Investment in Research and Development is below the fastest growing players in the industry. Even though Tyson Foods is spending above the industry average on Research and Development, it has not been able to compete with

As the company is operating in numerous countries it is exposed to currency fluctuations especially given the volatile political climate in number of markets across the world. Rising pay level especially movements such as $15 an hour and increasing prices in the China can lead to serious pressure on profitability of Tyson Foods. Changing consumer buying behavior from online channel could be a threat to the existing physical infrastructure driven supply chain model. No regular supply of innovative products – Over the years the company has developed numerous products but those are often respond to the development by competitors. Secondly, the supply of new products is not regular thus leading to high and low swings in the sales number over period of time. The company can face lawsuits in various markets given - different laws and