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Supply Chain Management in Ford Automobile - Research Paper Example
Author : rcruickshank
Engineering and Construction
Pages 4 (1004 words)
This research paper describes management in automobile industry in the United States and analyzes an examples, such as various supply chain strategies and practices of Ford Motor Company, it's internal productivity, economic cost of production, and high profitability…
The researcher of this paper analyzes various supply chain strategies, objectives and practices of Ford Motor Company. This research paper mostly focuses on describing supply chain optimization, that is the application of different strategies and processes which are aimed at the effective supply chain operations at manufacturing and distribution. In order to achieve supply chain optimization in automobile industry, that is discussed in the research paper it is necessary to ensure uninterrupted and optimal placement of inventory within the supply chain and minimize various operating costs including manufacturing costs, distribution costs, and transportation costs. In modern times, computer software plays a crucial role in developing mathematical modeling techniques which can well contribute to the supply chain optimization especially, in automobile industry. In the automobile supply chain system, such as the Ford Motor Company’s, supplying industries provide rubber, electronics, glass, steels, and other materials to the manufacturers. In conclusion, the researcher tries to sum up his exploration on the company's supply chain strategies. The researcher states that the Ford Motor Company is the best example for such exploration, not only for it efficiently practices but also for different optimization strategies in order to promote its successful business as well. The company’s environment-friendly product designs are highly notable for their increasing significance in the modern automobile market. ...