Audit Report Harvard Case Solution & Analysis

Audit Report Case Study Solution

Recommendations

It is believed that GM should use value chain analysis to ensure that the supply chain is in the most efficient and productive state. The company also needs to pay close attention to the life cycle of each car it manufactures, in order to review a process that could be improved to increase the productivity as well as the efficiency throughout the supply chain. It is also important for GM to focus on asset portfolio management to maximize the assets’ quality and organizational losses, including weighting options for buying or leasing new properties and making constant enlargement decisions. GM has focused on leadership in the entire automotive industry, but it needs to find ways to encourage the leadership skills of others, to help the organization in training new employees, creating new employments, new supply chain procedures and maintaining the imagination, awareness and innovation. GM has recently formed a strategic alliance with other automotive organizations to become the world’s largest automotive supplier. The last strategy to consider is to connect loyal customers with the strategic rewards of hardworking employees. This idea offers reasons for the  employees to be highly dedicate and much loyal to their responsibilities towards the company, ultimately resulting in the customers’ satisfaction.Not only this, it will also help the company in gathering customers throughout the life of the car purchase.

Moreover, almost every car sold in the world could be purchased in the United States, therefore the competition and good competition in a highly competitive market is maintained. In order to stand out from the automotive competitions; GM needs to focus on finding the cheapest way to mass-produce the technology for each new automotive line. Once the price of the vehicle gets stabilized, it would link to a sudden increase in the available inventory technology.

In addition, it is a serious problem for the entire automotive industry, mainly due to the convenience of large auto parts stores, such as: Advanced Auto Parts and AutoZone, which you can get orders of from all over the world with the help of your phone and a functional internet connection. To enable the customers to meet all their needs; the prices of parts and accessories must be fair and sold only to one of the GM’s approved suppliers. Some buyers do not like to know where to buy, others are happy to find their parts and accessories at a reasonable price, without having to order parts that are not fully compatible with the car which they are buying.

Conclusion

We have come to the conclusion of suggesting GM to focus on its assets’ portfolio management to maximize its asset’s quality and organizational losses, including: weighting options for buying or leasing new properties and making constant expansion strategies and decisions to increase its market share. In addition to this, GM needs to be focused towards finding the cheapest way to mass-produce the technology for each new automotive line. Once the price of the vehicle gets stabilized, this should be linked to a sudden increase in an available inventory technology. Furthermore, in order to enable the customers to meet all their needs; the prices of parts and accessories must be fair and sold only to one of the GM’s approved suppliers...................................

 

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