Table of contents: Executive Summary page Part 1 Executive Summary 3 Issue Identification Part 2 Fundamental Issue 4 Part 3 Sub-Issue Environmental and root cause analysis Part 4 Quantitative and qualitative analysis 5 Alternatives and Options Part 5 Alternative 1 …show more content…
To measure the performance of this model, Ford should schedule periodical review and evaluation meetings. Recommendations for improvements should be noted along the way in order to be evaluated. ` The improvement of customer service and shareholder value should be the main aim of the whole project. At this time it’s hard to anticipate its success or failure, but by investing time and effort into it I will be confident of its success if not in the short term it will definitely in the long run. Issues Fundamental Issue Strategic, Long term The fundamental issue for Ford is the management and control of their large data base of their business partners, suppliers and sub-suppliers. Ford has several thousand partners and operates in more complex network of business relationship. Ford also maintains a large leadership network widely spread geographically around the world. Managing both suppliers and customers in a single efficient supply chain had always been a challenge for Ford who is constantly looking for new ways to better control and manage their supply chain operations in a more productive and cost effective way. Sub-issue Strategic, Short term 1. Lack of up to date IT Infrastructure The inability of Ford’s first and lower level tier suppliers to keep up to date with IT technology that is need by Ford to stay up to speed in managing their production operations
Ford Motor Company is considered a global automotive industry leader. Ford was able to reinvent themselves to be able to stay ahead of the economic downturns. Ford has continually improved their overall profit and recently started paying
It would have been good if this fundamental vision was in place right at the very beginning of the company’s formation. In the end it is the customers that make the company, so it makes sense to work towards satisfying this customer relationship. To become profitable and achieve market share are secondary objective that can be measured on a annual basis and overall company well being targets can be rewarded with incentives that link into the company’s performance as opposed to individual contribution to the company’s success.
Ford in 2011 is on the rebound, having recovered from the darkest hours in the late 2000s. The company for the company is that many of its competitors are also rebounding, and there are significant long-run changes in the automobile industry. Ford needs to determine a strategy that will take the company through the next decade, and improve the company's competitive position. The company has four of the top fifteen best-selling cars in America, but also needs to set strategy globally, as many of the best automobile growth markets are overseas. Another strategic consideration is that CEO Alan Mulally remains in the process of changing the organizational culture at Ford, which had become stagnant and unresponsive to the changes in the industry environment.
In this world of technology and innovation even Ford Motor Company is investing in new technologies in order to improvised their supply chain management, build an environment with interaction between each department as well as suppliers in order to reduce the bridging gap between them. As it is a leader in auto market segment, needs to update and coop with time and technology periodically but due to huge competition from the Japanese auto makers like Toyota, Honda, and Nissan, Suzuki etc., who are strong and powerful with references to the supply chain process management due to which Ford market share dip compared to others as well as the sales also declined. During this time, Ford analysed the situation and thought positively and started improvement in the supply chain management.
To turn my idea into a reality will take time so I should have perseverance and patience , to succeed ,regardless of how many times I will fail , I need to be able to deal with obstacles, I’m not afraid at all to fail or to make mistakes because I know how to learn from them ,thus I will consider unhappy and unsatisfied customers as the best source of ways to improve my business , in addition to this i will give a great attention to all complaints and reclamation , also I will do all my effort to satisfy all customers no matter how long it takes which means that I will focus on customers
Although the direct business model of Dell is most attractive, there are several key differences between the computer and auto industries which serve as barriers to Ford‘s implementation of uniform, supply chain virtual integration. Ford must tackle many diverse obstacles that were, simply, not a factor with Dell‘s implementation. These obstacles range down the delivery chain from the supplier to the manufacturer to the dealer and, ultimately, to the customer. Overall, the intricate and historic process of manufacturing and selling automobiles contradicts the technological innovation necessary for a true virtually integrated system to exist.
When implementing project 1, you face technical and market risk. How would you assess the risks embedded in Project 1?
Ford should trim its supplier networks down to one- or two-tier and select the suppliers with advanced and compatible IT capabilities. In the meantime, Ford should pay more attention to building and strengthening the data linkages – like communicating inventory levels and replenishment needs regularly with vendors - to facilitate the sharing of information in real-time fashion. Ford also needs to encourage the dealers to improve their IT ability and much more involve them in forecasting demand.
The key to achieving this goal lies in the ability to take advantage of the Ford Company’s size and global presence to invest in information technology. This can be accomplished by using its intelligence resources to renegotiate the way it does business with suppliers, including partial integration of the “virtual integration model”, such as Dell Corporation
Faced with an overwhelmingly complex situation, Alan Mulally has been brought in as Ford Motor Company's new president and CEO. As diverse global dynamics confront the company and competitive pressures continue to build, he has the challenging task of improving Ford's brand image and returning the company to profitability. Mulally has invited your consulting firm to advise his management team on restoring the company's reputation and viability. Assigned to the project, you have been asked to evaluate Ford's situation and prepare a report with the following content:
This will be achieved through the commitment to continuous improvement in every aspect of satisfying customers’ everyday merchandise needs,. Its customers will be a broad cross section of society who want or need to save money.
Supply chain management (SCM) is a core part of organizational effectiveness in order to achieve goals characterizes efficiency. Globalization and international agreement led Toyota to develop it is SCM process to increase outsourcing supply raw materials from foreign market that are low cost and high quality.
Our approach was to facilitate the demand with respect to the market. We penetrated the market by building factory in Fardo and building warehouses to the respective regions, Caleopeia, Sorange, Entworpe, Tyran. Another component that we had to consider was finding the optimal cost to increase market share and increase our profit margin. Discussion on the logistics will be discussed thoroughly, which affected our decision points and our overall outcome. There are a few questions we needed to answer before we built a road map to our strategy i.e. figuring out where to build the factory and warehouse, estimate the demand of the four regions and Fargo region, should we change capacity, adjust ordering point with respect to quantity, and also
I take this opportunity to express my sincere thanks and deep gratitude to all those people who extended their whole hearted co-operation and have helped me in completing this project successfully.
Richard Dana Associates (RDA) was brought in by the owners of a family-owned business with complex relationship issues at a time preceding an anticipated leadership transition. Following individual and group coaching sessions, RDA was able to help the leadership separate personal issues, and codify practices through formal policies to allow the leadership group to focus on business issues without personal complications. At the end of RDA's engagement, the client was well-positioned to begin developing a transition plan.