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.
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.
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.
A Tesla automobile features so many innovative designs. Automobiles are 100% electric, they include wireless updates, auto pilot, massive batteries, chargers, and the design. The Model 3 features a price point that is very similar to a gas-powered car in the modern century. The back seats are ultra-modern that can accommodate baby seats and the back seats can be folded down to produce more trunk space just like cars today.
Strengths Since first reporting profits in 2003, Tesla Motors has been climbing it’s way to brand awareness ( Hirsch, 2015). While the ever-growing and changing company has many accolades, there are three core strengths Tesla Motors has to offer. These core strengths include, competitive advantage, pricing, and supply chain management.
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
Tesla Motors is known as a once engineer and man of science Nikola Tesla. The Tesla Roadster uses an AC motor descended directly from Tesla's original 1882 style. The Tesla Roadster, the company's initial vehicle, is that the initial production automobile to use lithium-ion battery cells and therefore the initial production heat unit with a variety larger than two hundred miles (320 km) per charge. Between 2008 and March 2012, Tesla oversubscribed over two,250 Roadsters in thirty one countries. Tesla stopped taking orders for the Roadster within the U.S. market in August 2011. Tesla undraped the Tesla Model S all-electric sedan on March twenty six, 2009. As of March 2013, Tesla utilized virtually three thousand regular workers.
Manufacturing will run on 100% renewable energy helping our environment a lot. As of the year 2018 almost 500,000 cars should be produced. Tesla’s market value is $33.5 billion. Tesla’s stock market has risen over 1000% since 2012. To start tesla Elon Musk invested $70 million of his own money. Elon Musk is a successful businessman with 4 companies valuations over $1 billion. Elon Musk has a networth of $12.1 billion. Many of the Tesla sale models are illegal in many U.S.
Despite its success, Tesla Motors has been facing serious challenges throughout its history, for example:
Tesla Motors Inc. is an American public company which is known worldwide because of its experience in designing, manufacturing and also the selling of electric cars and electric components for vehicles. The motor was started back in the year 2003 in San Carlos, California in the United States (Teslamotors.com, 2014). The company had its headquarters in Palo Alto and at the time of its inception, Elon Musk was its chief executive officer (CEO) (Hunger, 2010).
Here is the list of characteristics that allows Tesla to stand apart from its competitors:
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.
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
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
the steps and procedures you would need to take to properly design it. First thing you would need
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.