In Unit 1 You Selected A Product And Service Based Fortune

In Unit 1 You Selected A Product And Service Based Fortune 1000 Com

Write a research paper that analyzes and evaluates the role of collaboration in your selected company's approach to Global Supply Chain Management (GSCM). Use the following outline to structure the headings and content for your research paper: Introduction. State the purpose of the paper. Describe the structure of the paper.

Regional Trade Agreements. Identify the regional and other trade agreements that affect your selected company. What issues must you be most aware of? What risks are important? Analyze the consequences of choosing wrong characteristics when classifying products for tariffs. (Use the Harmonized Tariff Schedule (HTS) site by the U.S. International Trade Commission in your analysis.)

Choose one of the following options:

  • Option A: Choose a product your company sells globally that has various tariff schedules depending on region, which you can find using the HTS page. Using this page, examine the various tariffs that can be applied depending on the source and type. How much will it affect your profitability? Would it be worth spending the time to figure out source and type?
  • Option B: Assume your company is importing salmon from Finland. You do not know where it originates or what type of salmon it is. Using the HTS page, examine the various tariffs that can be applied depending on the source and type. How much will it affect your profitability? Would it be worth spending the time to figure out source and type? Apply the NAFTA tribunal process to navigate laws that may impact the selected company.

Choose one of the following options:

  • Option A: Locate a city in Mexico or Canada where your company is operating. Recently, this small town has enacted green effluent laws that will affect your profitability. Assuming your margin is very small, any increase in costs will damage your profitability. What recourse do you have? How would you go about handling this issue? Identify areas of uncertainty and/or knowledge gaps that may impact your strategy.
  • Option B: Your company processes and cans salmon in Dolores Hidalgo, Mexico. Recently, the small town has enacted green effluent laws that will affect your profitability. Assuming your margin is very small, any increase in costs will damage your profitability. What recourse do you have? How would you go about handling this issue? Identify areas of uncertainty and/or knowledge gaps that may impact your strategy.

Global Collaborations. Describe the selected company's outsourcing strategy in detail. Include the risks you found. Evaluate whether the company's outsourcing strategy is sustainable. Explain how you would change the system to make it (more) sustainable.

Global Supply Chain Strategy. Describe the selected company's global supply chain in detail. What model does it appear to be using? Do you find your company to be following best practices, using the 4R model versus the APICS report? What are the consistencies and inconsistencies you find?

Global Risk Factors. Assess the effectiveness of the selected company's approach to GSCM. Use Part 1 of the Supply Chain Risk Assessment Survey as a reference point. Integrate responses from the discussion in this unit. Explain how effective the company's approach is. Include the risks that most impact the company's effectiveness. Explain how you would overcome or prepare for these risks to mitigate losses if issues arise. Suggest improvements to the strategy.

Optional: Embedding explanatory videos that support your observations is encouraged.

Conclusion. Revisit key points and important takeaways. Discuss information gaps and questions for additional research.

Additional requirements include proper APA formatting, a minimum of 1,800 words, Times New Roman 12-point font, and integration of at least four scholarly-practitioner references.

Paper For Above instruction

The role of collaboration in the global supply chain management of Tesla Inc.: An analytical perspective.

Introduction

This research paper critically examines the pivotal role of collaboration within the global supply chain management (GSCM) framework of Tesla Inc., a leading innovator in automotive manufacturing and renewable energy. The purpose is to analyze how collaborative strategies influence Tesla's international operations, supplier relationships, and sustainability initiatives. The paper is structured into several sections, beginning with an overview of regional trade agreements impacting Tesla, followed by an analysis of its outsourcing practices, supply chain strategies, global risk factors, and recommendations for enhancing sustainability and resilience.

Regional Trade Agreements and Tariff Classification

Tesla operates globally, with manufacturing facilities in North America, Europe, and Asia. The company is significantly affected by regional trade agreements such as the United States-Mexico-Canada Agreement (USMCA), the European Union (EU) trade policies, and bilateral agreements with China. These agreements influence tariffs, customs procedures, and trade regulations, directly impacting Tesla's supply chain costs and market access. Accurate product classification per the Harmonized Tariff Schedule (HTS) is crucial to avoid tariff misclassification, which can lead to costly fines and delays. For example, Tesla's batteries and electric vehicle components are classified differently based on their material composition, affecting tariff rates and compliance.

Option A: Global Product Tariffs and Impact on Profitability

Tesla's electric vehicle (EV) batteries, which are manufactured partly in the United States and assembled globally, are subject to varying tariffs depending on their source and classification. According to the HTS, battery imports from certain regions may incur tariffs ranging from 0% to 15%. Misclassification, such as erroneously categorizing batteries as simple assemblies versus complex components, could result in substantial cost increases, eroding profit margins. A detailed understanding of sourcing is therefore critical, especially considering that tariffs can significantly influence the cost structure of EVs, which are highly sensitive to component costs.

Option B: Importing Salmon – A Hypothetical Scenario

While unrelated directly to Tesla, analyzing tariffs on imported salmon from Finland highlights how product classification affects profitability. Tariffs for seafood products vary based on species and processing methods. Applying HTS data, tariffs can range up to 20%, implying a notable impact on the cost of imported salmon. For Tesla, understanding customs classifications and potential trade laws, such as NAFTA/USMCA provisions, is essential for navigating cross-border logistics efficiently and minimizing costs.

Green Effluent Laws and Handling External Regulatory Changes

Suppose Tesla operates a manufacturing plant in Ontario, Canada, where recent green effluent regulations have increased wastewater treatment costs. For a company with thin margins, this presents a significant challenge. Potential recourse includes investing in cleaner technology, negotiating with regulators for phased compliance, or relocating operations. Key knowledge gaps include the specific costs of compliance and technological options. Strategic planning should incorporate environmental consultancy and engagement with regulatory bodies to anticipate future requirements.

Global Collaborations: Outsourcing Strategies and Sustainability

Tesla’s outsourcing strategy involves collaborating with suppliers in Asia for battery cell production and vehicle components, balancing cost efficiency with quality control. Major risks include supply chain disruptions, intellectual property theft, and quality inconsistencies. To ensure sustainability, Tesla can diversify suppliers, adopt stricter supplier audits, and incorporate sustainability criteria into contracts. Transitioning to more sustainable sources, such as renewable energy for manufacturing and biodegradable materials, could further enhance Tesla’s environmental credentials.

Global Supply Chain Strategy

Tesla employs a mix of global supply chain models, predominantly leveraging a lean, Just-In-Time (JIT) approach combined with regional production hubs. The company follows best practices aligned with the 4R framework—Reliable, Responsive, Resilient, and Responsible—though some inconsistencies exist, such as over-reliance on Asian suppliers which increase vulnerability to geopolitical risks. Incorporating more regional diversification and smarter inventory buffers would improve resilience.

Global Risk Factors and Effectiveness of Approach

Using the Supply Chain Risk Assessment Survey, Tesla’s approach demonstrates significant strengths in transparency and diversified sourcing but faces risks like geopolitical tensions, supplier insolvencies, and technological disruptions. Strengthening risk mitigation strategies, including strategic stockpiles, supplier partnerships, and blockchain transparency, could enhance effectiveness. Developing contingency plans and investing in supply chain visibility technology will help Tesla mitigate potential losses.

Conclusion

This analysis underscores the criticality of collaboration in Tesla’s GSCM, impacting tariffs, regulatory compliance, sustainability, and risk management. Addressing knowledge gaps, diversifying suppliers, and adopting sustainable practices are essential for resilience. Future research should explore advanced supply chain digitalization and emerging geopolitical developments to further reinforce Tesla’s supply chain robustness.

References

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  • Vanichchinchai, A., & Igel, B. (2011). An Integrated Model of Sustainable Supply Chain Management and Corporate Sustainability to Enhance Firm Performance. International Journal of Business and Management, 6(9), 132-150.
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