A. Estimate the process cycle time for the new product introduction and compare against estimated takt time. Tesla plan to produce 500.000 units of the model 3 by 2018. The automaker hopes to increase its annual vehicle production to 500,000 units by 2018. The plan was revised from the previously stated goal of 500,000 units in 2020. (Lambert, 2016) This means that the process cycle time is that Tesla will produce around 10.000 cars per week B. Determine process bottlenecks that may adversely affect cycle time of the new product introduction. Tesla stated the dependence from their suppliers as one of their main risk factors. We are dependent on our suppliers, the majority of which are single source suppliers, and the inability of these suppliers …show more content…
Recommend an appropriate strategy aligned with principles of lean management that the company could implement to improve cycle time of the new product introduction. Using the previous principles, there´s a clear path to create a strategy that Tesla could use to improve the cycle time of the new model 3. The value and the value stream of the new model 3 are already determined by the company. Now, Tesla needs to focus on the Flow, focusing on the how the manufacturing process of the new car runs smoothly in the Giga Factory, and with the Pull, to ensure their clients to deliver the new model 3 in time. E. Assess the labor, equipment, and material needs of the company that would be required to support the new product introduction. Tesla needs specialized labor, with experience in the automotive industry in the higher quality car segment. The equipment needed is designed specifically for the company. For the model 3, Tesla has the largest stamping press in North America. It presses the complex body shapes for the model 3. (Tesla Motors Documentary, 2017) It also needs robots that will ensemble the parts. The material needs are lightweight aluminum that cost $30.000 USD per roll. 97% of the tesla cars are made of lightweight aluminum. (Tesla Motors Documentary, …show more content…
For having the materials needed for the development of the new model 3, Tesla should make agreement with different suppliers in order to be sure that the materials will be available and that the process won’t be delayed because of the lack of components needed for the cars. G. Explain how your proposed labor, equipment, and materials plan will support the new product introduction. By having an experienced labor force, Tesla will reduce the chances of making mistakes in the development process because of the experience of these professionals. By having robots and equipment designed specifically for the company, Tesla guarantees and efficient development and manufacturing process of their cars. And by making agreements with different suppliers, Tesla can ensure that they will have the raw materials needed for the development and manufacturing process of the cars in order to be able to fulfill the delivery times that the customers need and want.
Tesla Motors, Inc. is an American company that styles, manufactures and sells electrical cars and electrical vehicle powertrain elements. Tesla Motors may be a public company that trades on the NASDAQ stock market underneath the image TSLA. Within the first quarter of 2013, Tesla announce profits for the primary time in its 10 year history.
But there were also issues in packaging that had to be resolved: development of the packaging design was one of his primary concerns at this time. Ultimately, there will have to be manufacturing procedures in accordance with corporate policies and standards: capital equipment selection and procurement, installation of this equipment and startup.
Suppliers shall be involved in both design and prototyping. They can foresee the problems in the production process and with parts which BMW miss. Supplier’s expertise would definitely add value to the process. Letting them making the prototype parts would help them to learn about the part before they have to make it in volume.
The contraposition for Tesla Motors is the rapid service received. Despite not having a traditional infrastructure, the company beats it opponents in its operational expeditiousness. The Palo Alto automaker’s response time for issues is often overnight, and always beyond convention. One customer with some play in his gears had his entire drivetrain replaced.
Tesla motors is a company that produces and sells automobiles. Tesla is not any old automobile company. Tesla specializes in all electric cars that run 100 percent on battery and focuses on the future. Tesla is looking into the future and realizes that fossil fuels will eventually run out. Tesla is moving toward a zero-emission future for the better. A tesla is a vehicle, an all-electric vehicle that combines safety, performance, and efficiency. In 2016 Tesla’s annual revenue totaled to 7 billion dollars. Tesla is a profitable company. Tesla has seen potential growth in annual gross income, since 2012 from earning 30 million dollars to 2016 earning 1.5 billion in annual gross income. (1) The Tesla factory is located
However, despite Tesla’s internal competencies and a reputation of building exquisite products, it still encounters lack of major resources and capabilities that its competitors own. Building a car takes years or
This has resulted in exposing many automobile users to unpredictable prices of fuel. These issues were, however, the reason for the inception of Tesla Motors so as to bring into existence another set of automotive which serves the similar purpose but uses another form of energy that is electricity to drive them instead of the disadvantageous gasoline-powered engine. This invention was influenced by a number of factors in terms of its planning and performance (Hunger, 2010). Factors affecting Tesla’s planning and performance. The success of any organization, just like the Tesla Motor, largely depends on the planning of the activities by the management team in the company.
2. What were the critical marketing decisions that helped Tesla stand out among other companies and become the lead innovator in its
Chiefly, and most apparently, it is the goal of Tesla Motor to generate demand for Tesla vehicles (Andrade, Holloway, Payne, Roy & Sheffield, 2015). In turn, demand will drive leads to the Tesla sales team (Andrade, Holloway, Payne, Roy & Sheffield, 2015). Tesla will continue to build long-term brand awareness, in addition to continual management of corporate reputation (Andrade, Holloway, Payne, Roy & Sheffield, 2015). Tesla Motors will expertly manage the existing customer base to create loyalty and increase customer referrals (Andrade, Holloway, Payne, Roy & Sheffield, 2015). Additionally , Tesla Motors hopes to enable customer input into the product development process (Andrade, Holloway, Payne, Roy & Sheffield, 2015).
A company’s relationship with key suppliers is a vital part of any company’s success. A good supplier relation means better price, meeting company standards and a better service level. That 's why when Honda started working with Modine, Honda made sure that its relationship with Modine was
Tesla will help improve the environment by reducing air pollution and by reducing fossil fuel usage by using electricity instead of gasoline. This will make the world a safer and more efficient environment. This will further improve how our future
Until recently, Ford Motor Company was in possession of most of the production and distribution of all materials and parts needed to produce cars. Ford Motor Company owned everything from steelworks needed for the frame of the car down to the rubber farms needed for the tires and hoses. Ford Motor Company even retained railways so that supplies and finished cars could be transported to their intended destination (Muthusamy, 2014). However, owning all the supplies in the world would be ineffective if the company was not capable of using its resources in the appropriate manner. For that reason, Ford Motor Company revolutionized the Industrial Era with its concept of the assembly line which would enable it to dominate its industry for a long
Marketing a new MStar model to the market as an exclusive model for the U.A.E, for the consumers of the elite class who wants a Tesla to add to their top range list of cars such as Lamborghinis. Introducing this model will appeal to the elite and wealthy people in the market, who would want to buy into the brand.
The Capital investment, skilled and licensed labour force, technological advancements, working with good quality suppliers is considered big barriers of entry into this industry. The future requirement of electric cars and hybrid vehicles has opened this industry to some new entrants like Tesla.
the steps and procedures you would need to take to properly design it. First thing you would need