This assignment gives the overview of the Toyota and Volkswagen. It also explains about their supply chain relationship of those manufacturers. It also gives the advantages and disadvantages of those companies. I have also compared the strategies of Toyota and Volkswagen. I have collected some details regarding the future scope and threats for both the manufacturers. I have given some general statistics of both the companies. Then I have given some future strategies of those concerns.
Definitions:
Supply chain: Supply chain encompasses all activities associated with the flow and transformation of goods from the raw materials stage (extraction) through to the end user all well as the associated information flows. Material and information flow both up and down the supply chain.
Supply chain management: supply chain is the integration of these activities through improved supply chain relationships, to achieve a sustainable competitive advantage.
INTRODUCTION:
In this modern world automotive sector is a rapidly growing sector in various aspects. The automotive manufacturers are developing new products according to the latest trends. Meanwhile the competition in this field is also increasing to a great extent. To sustain in this day-by-day increasing competition, the automotive manufacturers all over the world are in a position to update their product according to the modern trend and to make products by reading the mindset of the customers to stay and develop in the market. Other than these two main aspects they are in a position to concentrate on their product quality, reduction in lead-time and they should be in a position to supply their products at a competitive price.
The above seen aspects should be achieved during the design and the production stage of the product. It is impossible for a company to make this happen unless they receive the quality product in right time at the right price from their suppliers because these automotive manufacturers
References: WWW.TOYOTA.COM WWW.TOPIX.COM WWW.EMERALDINSIGHT.COM WWW.WARDSAUTO.COM SEARCH.EPNET.COM WWW.WIRELESSDEVNET.COM WWW.SCOTTVW.COM MODULE NOTES (DEFINITIONS) NUMBER OF WORDS: 4962 NUMBER OF PAGES: 21