Clean Harbor: SWOT Analysis, Competitor Analysis and Recommendations

This report presents a SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis of Clean Harbor, a company focused on environmental, energy, and industrial services. The analysis identifies key aspects of the company, including its strengths like a strong customer base and innovation, and weaknesses such as marketing and employee training. It explores opportunities such as expanding through online mediums and adapting to new environmental policies. The report also addresses threats like rising labor costs and competition. Furthermore, it highlights the company's competitors like Republic Services, Covanta, and Nexeo Plastics, which gives a clear picture of the competitive landscape. The report also discusses the company's vision, mission, and the potential challenges it faces, such as technological and climate changes. The report concludes with references to academic sources used for analysis and research.

CHANGES COMPANY
MIGHT FACE IN COMING
YEARS
 Strong waste
management:
Vision Vision of company is to provide premier
environmental, energy and industrial
services. Company operates in two of the
following reporting segments which include
environmental services and safety clean
which together made up of several
businesses.
Mission The mission of clean harbor is to increase
their reach and provide safety which is the
top priority for company.
Objectives Health and safety
Customer solution
Energy Usage
Supply Chain
Customers
Clean harbor has an interest structure for waste management facilities which cannot be managed or copied by any of its
competitors. Till today it serves 47,000 customers which includes more than 325 companies included in 500 Fortune
companies. Other than this they also have business with a number of small private entities and federal, state as well as local
governmental agencies. All these are major customers for the company.
Competitors
Major competitors of company are republic services which provides solid waste collection, disposal, energy services etc.
which us also stationed at US. Covanta another competition for the company which is a global corporation and provides waste
management services. EcoStim energy solution is also an environmentally focused company which provide oil field services
and a number of technologies. Another major competitor for the company is Nexeo plastics which was set up in 2019 and is a
private company where all others are public. The company helps in distributing a wide range of plastic products. It is mainly
concerned with retail distribution in plastic business. It is the major new entrant in this industry and can be a threat for clean
harbor as well.

 Technological changes:
 Climatic changes:
 Infrastructure changes:
Strengths
 Successful track records for developing
new products and bringing in innovation.
 Strong community of dealer.
 Automation of activities for quality of
products.
 Good returns on capital Expenditure
 High level of customer satisfaction.
Opportunities
:
 Look for more customers through online medium.
 Increase in spending by customers.
 A number of new environmental policies.
 New trends in consumer behaviour,
Weaknesses:  Marketing of products are not up to
mark.
 New entrants pose a lot of challenges for
company.
 The finances of company are not done
effectively.
 Lot of expenditure on training and
development of employees.
Threats:
 Rising level of pay for employees.
 No supply of innovative products regularly.
 Company facing lawsuits in a number of nations
 Shortage of labors who are skilled and
experienced.
SWOT ANALYSIS

REFERENCES
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(Okumus, Altinay and Koseoglu, 2019)