Friday, April 19, 2019
Tata Motors Company Analysis Essay Example | Topics and Well Written Essays - 750 words
Tata Motors Company Analysis - screen ExampleThe competitive advantage of the firm includes the implementation of a world level CRM solution, and dealer direction (DMS) used crosswise 2,500 numbers of channel partners. Additionally, the supplier self-service initiatives along with the design collaboration solutions hold up been expanded to additional number of 550 vendors in the year 2011. At the organizational level the conjunction has successfully implemented the third party logistics. The logistics has been immensely successful in bringing down transportation be and time and efficiency of delivery of consignments. The control over the clubs inventories has also been greatly raise. It has reduced fuel costs and the related emissions. The critical and most important aspect of the companys greens supply chain has been to attain transportation disclosures from all its vendors on hazardous actual components in all(prenominal) of the parts that they supply. It is essential th at the amounts of heavy materials present needs to the disclosed and argon procured only when they meet the material criteria strictly (Tata Motors, 2011, p.21). In the year 2011, the contract workforce was engaged totaled a number of 35.53 meg man hours in its plants. Tata Motors prohibits the deployment of forced and child labor in all its sites and its security personnel are thoroughly trained towards maintaining strict vigil on the under aged workers entering into the company premises. under(a) the initiative of the suppliers instruction execution enhancement policy, the company conducted regular vendor council meetings for creating a establishment which evaluates and enhances suppliers performance. Tata Motors went into a strategic alliance with the Fiat Group in order to assess the feasibility of cooperation in the market for commercial vehicles. A number of developments were realized in the domain of engineering, sourcing, marketing and distribution of components and aggr egates (Tata Motors-a, 2007). The company continues to strengthen its corporate governance practices with the implementation of specific practices and methods. The (TBEM) or the Tata Business Excellence Model drives delicate business performance and track the progress of the company along its long term strategic objectives. The circuit board of Directors and also its committee provides guidance of leadership to the companys management team and subsequently directs, controls and supervises the performance of the company at large (Tata Motors, 2011, p.16). Strategies recommended It is recommended that the company tries to expand its international businesses. The recent financial meltdown across the globe has recovered to a substantial extent and has provided with various business opportunities for the company. The company has successfully enhanced and improved its technology standards and practices which has brought it close to international standards. With the company increasing an d raising its level to the world class automotive manufacturers, the prospects for increasing revenues outside India is also large. Presently the companys international or hostile business accounts for 18.4% of the companys revenues and it still has capacity to increase the same through its foreign operations. It is recommended that the company must try to double or treble its international operations in the recent
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