For Neiman Marcus' weakness and threats listed below discuss how the company can convert the weaknesses and threats into

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For Neiman Marcus' weakness and threats listed below discuss how the company can convert the weaknesses and threats into something positive. Please every single identified weakness and threat.
Strength:
It has a solid foundation of trustworthy raw material suppliers, allowing the business to get around any supply chain bottleneck
Neiman Marcus products have a consistent level of quality due to the successful automation, which also allows the business to scale up and down in response to market demand.
Neiman Marcus Group also developed a solid distribution network through time that can cover most of its prospective market.
Weakness:
Neiman Marcus requires more investment for emerging technologies. Neiman Marcus Group must invest more in technology to unify the processes across the board given the scope of development and the many locations the firm plans to enter. The company's ambition currently does not match the level of technology investment.
The items' marketing of the company might have been far better. Even if the product is a sales success, its positioning and unique selling proposition are not well defined, which might invite competition to attack it in this market niche.
the firm has lost a minor amount of market share in the specialty categories as a result of its inability to meet the challenges posed by the new competitors in the industry. To address these issues, Neiman Marcus Group must develop internal feedback mechanisms that are direct from the sales crew on the ground.
Threats:
The current supply chain architecture, which is dominated by physical infrastructure, may be threatened by shifting customer purchasing patterns from online channels.
Any improbable incident at the busiest time of the year might have an immediate or long-term negative impact on the company's profitability because the demand for these highly profitable items is seasonal.
Rising compensation particularly moves like $15 an hour, and rising costs in China might put a major strain on Neiman Marcus Group's profitability, which is a big threat to the company.