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All Journal Proceeding of the International Conference on Family Business and Entrepreneurship (ICFBF)
Wei, Yu
Unknown Affiliation
Economics, Econometrics & Finance

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STRATEGIC DIVERGENCE IN AUTOMOTIVE SUPPLY CHAINS: TESLA AND CHERY Hua, Zhang; Wei, Yu; Saptari, Adi; Hanafiah, Hally; Fuadi, Muhammad Hafidz Fazli Md
Proceeding of the International Conference on Family Business and Entrepreneurship 2024: PROCEEDING OF 8TH INTERNATIONAL CONFERENCE ON FAMILY BUSINESS AND ENTREPRENEURSHIP
Publisher : President University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33021/icfbe.v0i0.5715

Abstract

In today's interconnected world, global supply chains play a critical role in the production and distribution of goods and services. The globalization of supply chains has been driven by the pursuit of cost efficiencies, access to new markets, and the ability to leverage specialized capabilities from different regions. This paper presents a comparative analysis of the global supply chain strategies of Tesla and Chery, focusingon the critical factors that contribute to their success or potential failure. The method used in this study is qualitative, numerous of articles published in this topic were selected from 2014 to 2023. The investigation on key aspects such as supply chain design, sourcing strategy, production strategy, inventory management, and delivery methods to highlight the distinct approaches adopted by each company. Tesla’s supply chain is characterized by vertical integration, which grants extensive control over the production process and fosters innovation. In contrast, Chery employs a more traditional and flexible supply chain strategy, relying on partnerships and outsourcing. The analysis evaluates efficiency and scalability, cost management, quality control, risk management, and customer satisfaction as primary criteria. The results indicate that Tesla’s strategies demonstrate a commitment to control and efficiency, while Chery emphasizes flexibility and cost management. By comparing these two automakers, this paper offers insights into how different supply chain strategies can impact overall success in the competitive global automotive industry. 
OPTIMIZATION STRATEGY OF OVERSEAS OPERATION MANAGEMENT OF CHINESE ENTERPRISES BASED ON INTERNATIONAL EXECUTIVE EDUCATION COURSES Wei, Yu; Waworuntu, Stephanus Remond
Proceeding of the International Conference on Family Business and Entrepreneurship 2024: PROCEEDING OF 8TH INTERNATIONAL CONFERENCE ON FAMILY BUSINESS AND ENTREPRENEURSHIP
Publisher : President University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33021/icfbe.v0i0.5696

Abstract

The purpose of this paper is to explore the challenges and optimization strategies faced by Chinese enterprises in their overseas operations and management processes. Jiangxi ZHENGBANG Plant Protection Co., Ltd, for example, conducts overseas operations mainly in Pakistan, Indonesia, Cambodia, Myanmar, Nigeria and 12 other countries. ZHENGBANG is a national high-tech enterprise focusing on the development, production and sales of pesticide dosage forms, pesticide intermediates and preparations, and is committed to the development of pesticide products for the prevention, elimination or control of agricultural and forestry pests and other pests, including insecticides, fungicides, herbicides and plant regulators. With the in-depth implementation of the "Belt and Road Initiative", Jiangxi ZHENGBANG Plant Protection Co., Ltd. actively expands the international market, and still faces multiple challenges in the field of cross-cultural management and municipal competition strategy, and needs to strengthen human resources and asset allocation management and supply chain digital transformation. In addition, the issue of intellectual property protection and compliance with national laws also needs to be resolved.By analyzing the successful experience of SIEMENS and MAZAK, this paper provides targeted optimization strategies for Chinese enterprises to improve the efficiency and competitiveness of their overseas operations(Dong, et al., 2015). Starting from the actual business background of the company, the research deeply discusses its continuous improvement method through literature review, which provides a solid theoretical basis for analyzing the actual operation status of Chinese enterprises.This study takes the success of SIEMENS and MAZAK as examples to analyze the root causes of the successful experience of their overseas operating companies. Drawing on the successful experience of SIEMENS and MAZAK, this study found a set of innovative optimization strategies aimed at comprehensively improving the efficiency and competitiveness of Chinese enterprises' overseas operations by utilizing advanced technologies and adopting a continuous improvement approach(Ren, 2024).
Co-Authors Adi Saptari Fuadi, Muhammad Hafidz Fazli Md Hanafiah, Hally Hua, Zhang Stephanus Remond Waworuntu