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Supply Chain Management in Tesla: Methods, Rules, Processes, and Role in Improving Competitiveness

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Added on  2023-06-10

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This report discusses the principles and processes related to supply chain management in Tesla, including methods, rules, and processes. It also explores the role of supply chain and logistics in improving competitiveness and executing problems aligned with improving the strategy of supply chain.

Supply Chain Management in Tesla: Methods, Rules, Processes, and Role in Improving Competitiveness

   Added on 2023-06-10

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Supply Chain Management in Tesla: Methods, Rules, Processes, and Role in Improving Competitiveness_1
Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY ..................................................................................................................................3
Supply Chain Methods, Rules and Processes in Tesla................................................................3
Role of Supply chain and logistics in improving competitiveness of Tesla................................5
Executing the problems which are aligned with the improving the strategy of supply chain and
analysing solutions which is supported on great training models................................................8
Analysing interrelation between different areas and supply chain of company considering its
significance in growth of the business.......................................................................................10
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................14
BIBLIOGRAPHY..........................................................................................................................17
Supply Chain Management in Tesla: Methods, Rules, Processes, and Role in Improving Competitiveness_2
INTRODUCTION
Supply chain management concepts refers to such process which handle the production
flow of product and services. This start from the delivering of raw material to the company and
eventually supplying the product and services to the customer. Logistics refers to the detail with
the help of which the organization acquire, transport and store their resources on the destination.
There are various advantages for the business to have supply chain managed as it will help in
fulfilling the demand of the customers and then also earn profits for their business (Badi and
Murtagh, 2019).
Tesla is an automotive company which is established in the Austin, Texas. The company
was founded in the year 2003, July 1 by Marc Tarpenning and Martin Eberhard. They design and
manufactures battery energy storage, electric vehicles, solar panels and various other things.
This report will discuss about the principles and processes which are related to supply
unit. Also, the function of supply chain and logistics in meeting the competitiveness of the Tesla.
This will provide information regarding the issues which are related to the development of
supply chain and its interrelationship with the different areas of Tesla.
MAIN BODY
Supply Chain Methods, Rules and Processes in Tesla
Method of supply chain management of Tesla
The chain management concepts refers to several processes which handle the
manufacture flowing of goods and service. This process starts by delivering of raw material to
the company and eventually supplying the product and services to the customer. Companies like
Tesla manage their network with the suppliers which is supported by supply chain as it moves
products of the company with the help of suppliers. This help Tesla to deliver its product to the
end consumers who are the target market of the company. It helps them to form relationship with
the consumers as this will fulfil the needs of those consumers. This is profitable for the company
as it increases the demand of Tesla's products in the market. It will eventually improve the sales
for the company which will result into higher amount of profit for the company (Bag and et.al.,
2020).
Supply chain helping the company to deliver its products to various areas in the world
which is supporting the working of the company. This is helping Tesla in making the strategies
which will help them to plan, forecast demand, procuring and expertise in logistics which
Supply Chain Management in Tesla: Methods, Rules, Processes, and Role in Improving Competitiveness_3
support the company to make its product available to various places which will be improving the
value of the company in the market. As if the supply chain management will lack in its working
it will eventually limit the availability of the product of Tesla. It is because the company will not
be able to meet the demand of its customer. The company mainly meet the needs of its customers
just because the supply chain is delivering the products on time to its destination which makes
product available (Basheer and et.al., 2019).
Processes in centralized chain management in Tesla
The supply chain managing process is required by the organization to grow in the market.
As it can not be done by one person, it needs support of various people. This will ensure that the
company is able to reach to huge market. This will eventually help the Tesla to implement the
process which will be in support to their functions (Caiado and et.al., 2021). The process
involved in supply chain is mentioned further:
1. Planning — In the planning process Tesla establish various strategies which will
improve the effectiveness in supply to long and short range of area. This is helping the
company in forming the design as well as network for the supply chain of the company,
as well as in predicting the demand of consumer demand (Cousins and et.al., 2019).
2. Procurement — In the procurement process Tesla will focus on the method with the
help of which they will purchase raw material, goods and components. This will help
them to decrease the cost of purchase for the company.
3. Production — This process considers manufacturing, assembling or converting the raw
materials into final goods or the good which is part of other product. The managers who
are providing the support to production as well as ensuring main material are present (de
Sousa Jabbour and et.al., 2020).
4. Distribution — The process of distribution is concerned with the flow of material with
the help of which they will be able to make the product available in global market. This
will ensure that the goods are flowing safely to the destination.
5. Customer Interface — This is one of the most important process as it helps the
customers of the business. In this the business try various strategies which helps them
during the interaction with the customers.
Supply Chain Management in Tesla: Methods, Rules, Processes, and Role in Improving Competitiveness_4

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