TESLA-SUPPLY CHAIN
Introduction: 特斯拉供应链代写
Automobile Industry is seen as one of the most rapidly growing supply chains throughout the face of history. We have observed that Automobile have made new innovations with the technological advancements on the planet. We can easily notice if we look around different industries how important has been the role of Automobiles in their supply chains. Whether it be the assembly line of Ford or the efficient production by Toyota, Automobile Companies have made numerous advancements in its supply chain.
But if we specifically talk about electric vehicles the name which comes in our mind is obviously Tesla. (Schreiber, 2013) One of the main reasons of how Tesla became one of the largest companies within 20 years of Incorporation was its innovation in the supply chain with each passing day. The goals of tesla are clearly visible in its supply chain as we can see that how tesla is motivated in making products which makes earth a better place by not using earth’s depleting resources. Tesla is providing numerous nature friendly products like Solar Panels, Batteries, Charging stations and even computers. (Rangaiah, 2020)
Key Attributes: 特斯拉供应链代写
Tesla has created a supply chain of its own where its responsibilities extend from making the battery for their car to providing customer care to all its customers. Tesla has adopted the vertical supply chain integration model where it tries have impact on each stage on each step of the supply chain as much as possible. (O’Marah, 2016) To make its supply chain more efficient Tesla has taken several important decisions like Elon decided to have production of its parts in USA rather than most other competitors who look for China or Japan to save time and transportation cost. (Montgomery, 2019).
As we already discussed that Tesla has gone with the vertical supply chain integration model so to comply with this, Tesla has also rejected the traditional franchise-dealers model. (Tao, 2014) It was also estimated that by using this direct selling model Tesla saves about 9% of customers money which is generally given to these dealers as commission.
Moreover, this model also benefits the company as it reduces their capital risk significantly. And inventory management also becomes easier and they tend to have low inventory level. And the advancement in technology has also helped this model significantly. As with passing time more people have access to internet so they have provided the option to their customers to order their tesla online using their website. By choosing this option the customers get their tesla at their doorstep. (Investopedia)
As the technological advancements come, we also saw how Tesla improved their production line with it. 特斯拉供应链代写
They have established a large battery factory in Nevada. (Box Around the World, 2019) Now it is producing top quality batteries which allow Tesla to give 8 years warranty on their battery. To provide the best customer service Tesla has also given a option which no other Automobile company think of giving which is to provide the 3 year return option to sell the car back at its original price. Tesla has made perfect use of advancing technology to provide the best customer service to its customers. This shows their high focus on Customer Relationship Management.(Harvard, 2020)
Tesla has also made numerous innovations it its cars with the technological advancements. (Hareyan, 2017) Tesla have ensured that they utilize the maximum benefits from Artificial Intelligence and this can be seen in the updates they have done on their cars. They recently signed a contract with Nvidia for the AI integrated GPS chips. These chips will ensure that that the car is not only navigated on the empty roads but also within the city which is full of traffic. This step brings them one step closer to their goal of making driver less cars. These chips work in pairs to make guide the car more efficiently in the traffic. (Rangaiah, 2020) Like this there are numerous examples where Tesla has used technology to make their car more updated.
Commonly companies solve their supply chain related issues either by heavy investments or by innovations.
Tesla surely has a large pool of investment but rather it looks for innovations to tackle their supply chain related issues. Tesla has also used the Artificial Intelligence for efficient management of supply chain. (Xaltius, 2021) The decisions by Tesla are data driven and go hand to hand with technological advancements more than any other Automobile company. Tesla has used the available data efficiently to allocate its efforts and resources in the right place. Reports have shown that using data for efficient production can increase your profits by more than 4%. So Tesla has used this concept seriously and efficiently shaped its supply chain to get the best results. Tesla has also ensured that it completes the loop of using the data effectively in pre-production and post-production. This enables the whole process from production to distribution based on data. (Hassan, 2019)
Impact of Digitalization: 特斯拉供应链代写
If we ask people about the affects of digitalization and technological advancements most will consider it as beneficial for our Society. Surely technological advancements have taken us to the future as things which used to look impossible in the past our now just one click away. The use of digitalization is becoming necessary in every aspect of our society ranging from our households to big corporations. Today about 90% companies think that they cannot compete in these times without digitization. (Larison, 2018) And this is the reason why most of the companies are motivated in spending their significant budget on innovation and digitalization. They believe that by the help of innovations the production becomes more cost efficient and fast. So, to facilitate the society on a whole they have to set innovation as their top priority.
Digitalization brings tons of benefits with it. Firstly, it has brought required information just a click away. 特斯拉供应链代写
(Editorial Team, 2020) You don’t have to spent an hour to look for a solution in the book but now you just type it on Google and its in front of you. In the past communications has a lot of barriers associated with it like weather, distance and others. But the modern era of technology has broken all these shackles converting days to seconds. You don’t have to post a letter and wait for it to deliver and then wait for answer but now WhatsApp does all of this within seconds.
This era of media and technology has also provided us more freedom to express our ideas. You don’t have to call a meeting to share your ideas but you can do it on social media. This era of digitalization has also bought thousands of opportunities along with it. Technology came with thousands of new career options. And to avail these options you have to learn new skills which increased literacy compared to the past. Moreover, the era of digitalization has also bought media and advertisement with it so that customers are aware of all available options (European Central Bank, 2018). And this also motivated the corporations to work more harder to satisfy their customers.
But as you know that every shiny side also has a darker side so to go this theory digitalization also has some disadvantages associated with it. 特斯拉供应链代写
It threatens your security and privacy as your information is more easily available than it was available in the past. (Goodman, 2021) And this easily available information invites numerous unethical individuals to steal this information and misuse it. People also argue that it has not bring people closer but rather created distances between them. We don’t meet with others in the same manner we use to do in the past. Moreover, as technology has created thousands of new employment opportunities it has also destroyed thousands (WE Forum, 2021). Millions of labors are replaced with machinery in the recent past. The work of 10 people is now done by a single Machine. So, unarguably technology has surely bought some disadvantages with it too. 特斯拉供应链代写
If we look for an example to understand this whole scenario, we can go with the company is discussion, Tesla. Tesla and automobile sector has surely bought numerous benefits with it with new technology. Introduction of electric vehicles by tesla has reduced the running cost for the vehicles. (Gammon, 2018) Use of new innovations in their cars Tesla has make the car ride experience more comforting and entertaining. But these electric cars are of no benefit for the developing countries as they don’t even have enough electricity for their households so how can they spend it on charging their cars. And as tesla has relied on website to attract customers so one can’t visit Tesla’s dealership as there isn’t one (Fortuna, 2020)
Conclusion: 特斯拉供应链代写
Tesla has set an example that to ensure that your supply chain functions efficiently you have to change with new technology. These technological innovations are beneficial for companies as well as the customers. And your decision-making process should always be in correlation with the data to make better decisions. But it is also necessary to understand that you can’t achieve all your targets relying on just digitalization and technology. As it also has some disadvantages associated with it so it so it is important that you use technology efficiently.
References:
Schreiber, B. A. (2013). Tesla, Inc. | History, Cars, Elon Musk, & Facts. Encyclopedia Britannica. https://www.britannica.com/topic/Tesla-Motors
Rangaiah, M. (2020, February 25). How Tesla is making use of Artificial Intelligence in its operations? | Analytics Steps. AnalyticSteps. https://www.analyticssteps.com/blogs/how-tesla-making-use-artificial-intelligence-its-operations
O’Marah, K. (2016, April 8). Tesla And The 21st Century Supply Chain. Forbes. https://www.forbes.com/sites/kevinomarah/2016/04/07/tesla-and-the-21st-century-supply-chain/?sh=6c4709432584
Montgomery, O. P. (2019, September 23). What Tesla’s Elon Musk Can Teach You About Supply Chains. Software Advice. https://www.softwareadvice.com/resources/elon-musk-tesla-supply-chain-lessons/
Tesla Supply Chain – Custom-build World Class Supply Chain. (2014, September 4). Tradegecko. https://www.tradegecko.com/blog/supply-chain-management/tesla-custom-built-supply-chain
Investopedia. (n.d.). What Makes Tesla’s Business Model Different? https://www.investopedia.com/articles/active-trading/072115/what-makes-teslas-business-model-different.asp
Box Around The World. (2019, February 13). Tesla Supply Chain Management, What Happened? https://boxaroundtheworld.com/tesla-supply-chain-management/
Xaltius Pte. Ltd. (2021, January 13). Artificial Intelligence in Tesla Vehicles. Xaltius. https://xaltius.tech/artificial-intelligence-in-tesla-vehicles/#:%7E:text=The%20current%20AI%20technologies%20that,through%20freeways%20and%20even%20traffic.
Hassan, A. (2019, February 21). What Tesla Tells Us About the Data-Driven Supply Chain. Manufacturing.Net. https://www.manufacturing.net/supply-chain/news/13249670/what-tesla-tells-us-about-the-datadriven-supply-chain
Harvard Business. (2020, February 18). Lessons from Tesla’s Approach to Innovation. Harvard Business Review. https://hbr.org/2020/02/lessons-from-teslas-approach-to-innovation
Hareyan, A. (2017, October 4). Tesla’s Advantages and Disadvantages After Every Carmaker Goes Electric. Torque News. https://www.torquenews.com/1/teslas-advantages-and-disadvantages-after-every-carmaker-goes-electric
Editorial Team. (2020, January 25). The Advantages and Disadvantages of Digitalisation. Start Smarter. https://startsmarter.co.uk/the-advantages-and-disadvantages-of-digitalisation/
Larison, B. (2020, September 28). Digital Transformation & Digitization – Why Should You Care? Consolidated Technologies, Inc. https://consoltech.com/blog/impact-of-digitization-businesses/
Goodman, P. (2021, January 28). 17 Disadvantages of Digital Technology. TurboFuture – Technology. https://turbofuture.com/misc/Disadvantages-of-Digital-Technology
European Central Bank. (2018, November 7). Digitalisation and its impact on the economy: insights from a survey of large companies. https://www.ecb.europa.eu/pub/economic-bulletin/focus/2018/html/ecb.ebbox201807_04.en.html
Understanding the impact of digitalization on society. (2021). Digital Transformation.
Gammon, S. (2018, April 10). What can Tesla tell us about Digital Transformation? Medium. https://medium.com/boxeurope/what-can-tesla-tell-us-about-digital-transformation-fe259d3e6d24
Fortuna, C. (2020, May 31). What Are The Pros & Cons Of Buying A Tesla, Post-Pandemic? CleanTechnica. https://cleantechnica.com/2020/05/30/what-are-the-pros-cons-of-buying-a-tesla-post-pandemic/
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