Chevy Bolt Case Summary

Improved Essays
The proposed plan suggests three areas as areas of strategic decisions. The first is the integration of best and popular practices that includes TQM and JIT with the decision areas which are considered to be the traditional areas. The second approach to be adopted by Chevy Bolt, SBU should be a generic one linked to the strategy of manufacturing. The third one should include the recent works on capability and competence.
1.1. Production strategies
The one-dimensional strategies should be applied with respect to the strategies’ content. The strategies that should be adopted are the total quality, JIT, empowerment, and MRP II. In addition, lean manufacturing, multi-dimensional strategies can be employed. These strategies can be appropriate
…show more content…
Marketing strategies
The Chevy Bolt SBU needs to survive and prosper in a marketplace that is comparatively new. Although there is reasonable product awareness regarding the electric cars, the perception among the major auto buyers is ambiguous. They are not quite sure how fruitful it will be to buy an electric car. The first and foremost market strategy of Chevy Bolt is provide their customers and prospects with full information about the detailed features of the cars along with the benefits that they can accrue from buying it.
The other strategies of Chevy Bolt are market segmentation, differentiation, and cost leadership. The cost leadership with respect to the Chevy Bolt must be pursued, especially in this globalized world, where competition emanating from domestic automobile manufacturers as well as the overseas competition from Europe and Japan. The Chevy Bolt is reasonably priced that should target middle income groups as well high end customers (Moore 2009). Cost leadership and differentiation with respect to the facilities, features and services will provide competitive advantage for GM
…show more content…
The competitiveness of the Chevy Bolt is in relation to the market position in terms of the way that has been competing with other competitors in the industry (Jawahir, 2007). The operation strategy has to be formulated for Chevy with which the operation management function of the SBU can be contributing to the ability of the company in achieving competitive edge in the marketplace. On the basis of the competitive priorities of Chevy, the development of the operations strategy includes: (a) lower cost, (b) superior quality and added features, (c) faster delivery, (d) flexibility with regards to some features that can be tailored according to the demand of the customers, and (e) services, which include the after sales service. The competitive advantage can be achieved by Chevy with the means of core capabilities. There should be direct aligning of the core capabilities with competitive

Related Documents

  • Improved Essays

    Chevy Cobalt Case Summary

    • 791 Words
    • 4 Pages

    This week we have been assigned the task of evaluating the quality system that was used by General Motors during the recall of the Chevy Cobalt. A switch in an area of the manufacturers design caused the corporation to be in the spotlight unexpectedly. The public wanted answers and GM was deliberate in their approach to settling the matter. This essay will shed light on the perceived quality structure used in this case as well as my thoughts and opinions on whether or not GM used the proper quality system.…

    • 791 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Production Needs Under Armour currently manufacturers most of their products by third parties overseas. “In 2006, our products were primarily manufactured in Asia, Central and South America and Mexico” (Under Armour, 2016). However, their distribution center remains in Maryland. Only a select number of products though are filtered through their distribution center. When Under Armour enters the golf equipment business there are numerous factors to consider in obtaining the raw materials, manufacturing, and distribution.…

    • 860 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Question 1: PESTEL framework analysis assesses the external environment variables to identify the opportunities and risks of certain public strategies, because the changes in these factors can lead to a significant shift of industries, especially in the long term (Witcher and Chau, 2010). PESTEL sheds light political, economic, social, technological, environmental and legal factors set. 1. Political With the sale of cars in 17 countries from North America, Western Europe and Asia (Tesla 0.2014), Tesla Motors has to deal with the outstanding political patterns that affect their business operations. One of the key political factors that affect the industry and environmental protection laws to induce the production of more environmental cars…

    • 1186 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    It is used to analyze the organisation and the marketing strategies adopted by the company. This will support the Ford Motor Company to gain a competitive edge in the market industry. In addition it estimates the strength of the company and the opportunities in the market. Packaging and Pricing The Ford Motor Company strives for service excellence. Unfortunately products may show specifications, accessories and options not available.…

    • 703 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Toyota Way Case Study

    • 1265 Words
    • 5 Pages

    • The Toyota Way illustrates 14 principles based on the authors 20 years of studying the company—these 14 Principles shape the underlying foundation of the unique management methods to lean manufacturing. This unique method is termed—“Toyota Production System” (TPS). But its continued success at implementing these tools comes from its philosophy--The Toyota Way, which is based on an understanding of people and what motivates them. • Liker contends that Toyota’s success stems from using the tools and quality improvement methods that make up TPS, thus turning operational excellence into a strategic weapon. Some of these tools consist of Just-in-time, one piece flow, jidoka, and heijunka. ).…

    • 1265 Words
    • 5 Pages
    Improved Essays
  • Great Essays

    Ford has an established history for producing high-quality vehicles. Showing Ford’s history of quality performance might be the best way to position their vehicles. As an example, showing how well Ford trucks perform in a long-term work environment and showing a demonstration of their load bearing capacities may entice the consumer to make a hefty purchase for a vehicle of demonstrated high-quality. Positioning in this manner is a way of promoting the best product for the dollar or Burmese Kyat in this case. For the higher-end vehicles, an emphasis should be placed on quality, technology, and safety standards.…

    • 1475 Words
    • 6 Pages
    Great Essays
  • Great Essays

    Tesla addresses this objective through their research, which is done on a regular basis in the automotive market. Additionally, the company continues to improve its…

    • 936 Words
    • 4 Pages
    Great Essays
  • Great Essays

    GLOBAL STRATEGIC MANAGEMENT: TESLA CASE STUDY CHERRIANNE SCOTT (4324333) What are the key Elements of Tesla Motor's Strategic Decisions? The key element of Tesla Motor’s strategic decision is that they are the driving force behind technology and product development and a prime innovator for electrical vehicles. For decades, Tesla have been investing a large share of their earnings towards research and development in order to develop car models and technologies that were more affordable for their customers and to gain a competitive edge over their competitors. The following are strategies that Tesla Motor uses in all its functional areas:  Human Resource: Human resource is also a key objective in Tesla’s strategic decision.…

    • 1161 Words
    • 5 Pages
    Great Essays
  • Superior Essays

    Tesla Core Competencies

    • 1392 Words
    • 6 Pages

    Tesla Motors Inc. Formed as a legal corporation, Tesla Motors, Inc. was founded on July 1, 2003 which designs, produces, and sells vehicles which are empowered by the use of electricity, and not the usual vehicles which are gasoline-empowered (Reuters n.d.). The group of engineers in Silicon Valley who founded Tesla Motors, Inc. wanted to prove that electric cars are way better than cars which are powered by gasoline (Tesla 2015). The company further designs, produces, and sells components of electric vehicle power train to other manufacturers (Reuters n.d.). It is through the use of energy management technologies and manufacturing processes that those stationary energy storage products are produced (Reuters n.d.). Such produces are used…

    • 1392 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    Nissan Case Study

    • 1038 Words
    • 5 Pages

    Final Project: Milestone 1 Michael Parderlikes Operations Management Southern New Hampshire University July 12, 2017 Generating Value In Operations Management, there are two main categories that resonate with the specific management of the company Nissan, one of the largest car makers in the world, these categories are: service operations and manufacturing operations. Nissan harnesses the outcomes of optimization of such operations by offering, for example, better prices to the end consumer, making sure that the supply of units won’t be interrupted by national or global irregularities, including natural disasters and economic crises. Another example is the possibility to address the international markets and global supply management…

    • 1038 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Analysis and evaluation of the strategy There is no use denying the fact that being a company that tries to capture the market Tesla motors devote great attention to the strategy that could help to achieve the given purpose. First of all, one of the main points of the strategy is attraction of customers. That is why, Tesla devotes its efforts to various advertisement companies (Ottaway, 2015) trying to increase customer interest and attract more people. At the same time, the company tries to exclude dealer pressure from the process of sales by providing trainings for sales persons, who will be able to work with customers better.…

    • 1691 Words
    • 7 Pages
    Improved Essays
  • Great Essays

    Marketing and sales – Toyota focuses on innovativeness and efficiency of the brand as well as integration of the brand. The marketing strategy of Toyota utilizesa combinization of print and media advertising, sales promotion, public relations and direct marketing techniques with a focus on TV advertising. Service – Toyota still operates under a principle declared in “The Toyota Precepts” in 1935, called “The Customer Always Comes First”. It is reflected in all besiness processes and procedures of the company. SWOT Analysis: Strengths Weaknesses 1.…

    • 1423 Words
    • 6 Pages
    Great Essays
  • Superior Essays

    When implementing this strategy, it is important for operations managers to do market research. Tesla noticed that the use of gasoline cars was negatively effecting the environment, therefore they designed a car that is powered by electricity and consumes 50% less CO2. This allowed Tesla to target consumers who also had the same vision as Tesla, focusing on being environmentally sustainable. Most individuals would prefer a car that is easy, convenient, reliable and environmentally friendly. Tesla has met all these factors which has pleased consumers and therefore improved the performance of the business.…

    • 1833 Words
    • 8 Pages
    Superior Essays
  • Improved Essays

    Executive Summary Operation management is one of the important activities to determine the success of the company. As known for all, the operation management in any kind of business is the key activity for the organization. In this paper will discuss the operation management and process design of Carrefour, Carrefour is the second largest retail supermarket in the world, and we will investigate the fact in spite of the severe competition that exists in the retail industry. The company was able to make its mark on the globe and achieved impressive success by regulating the operation management function.…

    • 998 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Introduction According to Adam Jonas, an analyst at Morgan Stanley, “Tesla may be in position to disrupt industries well beyond the realms of traditional auto manufacturing.” (Hettich & Muller-Stewens, 2014) This case study is about how Tesla recognized certain trends, innovated their business model while creating value for consumers, and sustained a competitive advantage as competitors inside and outside of the auto industry are advancing and catching up.…

    • 2044 Words
    • 9 Pages
    Improved Essays