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Chrysler Parts: Speakers and Stereos
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Institution
Executive Summary
This paper proposes to research about the company’s supply chain strategy, with the focus placed on the production of its stereo and speaker systems. It is noteworthy that, since 1987, Chrysler Company has been using the Dynasty series of speakers and stereo. These parts are acquired and assembled from outside the country. Precisely pointing out, they are imported from Dynasty Automobile Sound Systems manufacturers in Mexico, before being installed into the Chrysler vehicles and sold to the American population. Various factors play a role in the manufacture of these products from outside the country, including the low cost of production, free market trade between US and Mexico, as well as the short shipping distance between the two countries (Hill, 2007). This paper analyzes the supply chain strategy that the company applies in relation to global logistics management. More specifically, the paper will delve deep at three core components of supply chain that are discussed in three sections. The first section briefly outlines the current supply chain that is in use by the company followed by an analysis of this chain. The third section is a discussion of whether the supply chain supports the business objectives of the company.
Chrysler Parts: Speakers and Stereos
Business Plan
Chrysler Limited Liability Company is one of the leading automobile manufacturers in the United Sates, with operations in various parts of the world, including Europe, Mexico, North America and Egypt in Africa. The company has had a long mixed history of failure and success since it began its operations in 1925 under its founder, Walter Chrysler. It was not after being sold to one corporation after the other and nearing total bankruptcy and eventual collapse that the company was revamped by donations from various external players, including the government of the US which contributed up to $8 billion to rescue the…