Partners in the Business Model Canvas and SWOT

Partners in the Business Model Canvas and SWOT

Dear all, I am new here and I really need help.
I have recently started my company and I drew and prepared my Business Model Canvas with the 9 blocks.
My question is really difficult:
What is the relation between SWOT analysis and Business Model Canvas?
You see, in my real life case, my company signed an agreement with another company (it's name is XR). XR will provide me with all the raw materials to produce my products. So I've put this company (XR) in the KEY PARTNER Block of the Business Model canvas.
If I now want to do a small evaluation of my company in terms of Strengths and Weaknesses for the company, can I now say I have a Strength in my company because I signed an agreement with with this partner XR?

		Comments Sort by date Sort by rating Rating
		3 Derek Lark CEO, Australia
	SWOT and BMC Both are Useful Hello Mohammed You can use these interdependently. The agreement with XR is a strength but there could be a weakness if you have only one supplier of that input? Also will the current BM suit a disrupted ecosystem? Hence opportunity and threat analysis may be appropriate. Regards Derek.

		3 Jaap de Jonge Editor, Netherlands
	SWOT and the Business Model Canvas I agree SWOT and the Business Model Canvas can be used interdependently but also together. Their pu... Sign up

		1 Fattah Peiravian CEO, Iran
	SWOTs and Business Model Hello, as we all know, the Business Model (BM) describes our circumstances and segments with their r... Sign up

		0 MOHAMMED_SAEED CEO, Saudi Arabia
	SWOT and Business Model @Fattah Peiravian: Dear Fattah, I can't really understand what you mean by this? Could you please ex... Sign up

		1 Fattah Peiravian CEO, Iran
	SWOT and Business Model @MOHAMMED_SAEED: What I meant is that you can use SWOT for your BM Canvas for all at once, or you ca... Sign up