BAD 429
Operation Management
Project: BMW
By:
Rodolphe Beyrouthy
Presented to:
Table of contents:
Executive summary................................................................................................3
Charts ……………………………………………………………………………..4 - 6
Introduction………………………………………………………………………..7
History…………………………………………………………………….………..7 – 10
Design of goods and services…………………………………………………..…10 - 11
Managing quality………………………………………………………………... 11 - 12
Process and capacity design………………………………………………..…… 12
Location strategy…………………………………………………………………13 - 14
Layout strategy…………………………………………………………..……… 14
Human resource and job design…………………………………………..…….15
Supply-chain management……………………………………………………... 15 - 16
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BMW is currently the 1st most valuable car brand in the world and the 23rd most valuable brand in the world; in 2011 it was the 2nd right behind Toyota. BMW’s brand value increased 10% while Toyota’s brand value decreased by 10%. It currently own “Rolls-Royce Motor Cars” which is a British manufacturer of luxury automobiles and “MINI” which is a British automotive marque which specializes in small cars.
BMW’s main products are:
1 Series: The 1 Series was introduced in 2004 and was the first sports hatch in the highly competitive compact car segment.
3 Series: The 3 Series is the benchmark premium sports saloon, and continues to define the compact executive car segment. It was launched in 1975.
5 Series: The 5 Series car was launched in 1972 and is available in both Saloon and Touring models with a number of petrol and diesel engine options. The 5 Series is known for its agility, performance and driving dynamics.
6 Series: The 6 Series comes in two models, Coupé and Convertible, and is available in a Launched in 2003, the 6 Series has become renowned for its sporting elegance and cutting-edge design.
7 Series: The 7 Series is BMW’s luxury Saloon, combining performance, elegance and dynamic appeal.
X5: The X5 was the first car in the Sports Activity Vehicle Segment, when it launched in 1999. These can appeal to buyers who
The sedan also received an SS edition with both models powered by a naturally aspirated 2.4-liter engine and the SS Supercharged powered by the 2.0-liter, four-cylinder engine.
Model S, Model X, Model S, and future Model 3 are the only car models in its factory line. And in the future, they have plans to design a cheap electric car, a new sports car, and an electric truck.
Founded in 1917, the BMW Group is now one of the ten largest car manufacturers in the world and, with its BMW, MINI and Rolls-Royce brands, possesses three of the strongest premium brands in the car industry. The group also has a strong market position in the motorcycle sector and operates a successful financial services business.
The first two generation Grand Ams were built in the 1970s and were rear-wheel drive. Beginning in 1985, the third-generation Grand Am was released and stayed in production through 1991. This now front-wheel drive model offered room for five and was related to the Buick Skylark and Oldsmobile Cutlass Calais.
The first successful lancer sedan car was introduced in February 1973. It has a six years production span which ended up in 1979. It was offered with all different and distinct body style variations such as 2-door and a 4-door sedan, 2-door hardtop coupe, and a 5-door station wagon. It was provided with power train engine varieties of 1.2-liter, 1.4-liter, and 1.6-liters.
Yet, the Q70L is about four to five inches shorter overall and some three or four inches narrower than the big guys. Thus, its direct competitors include the BMW 5 Series, Lexus GS, Cadillac CTS, Mercedes-Benz E-Class, Genesis G80, Volvo S90 and the Audi A6. Larger sedans such as the BMW 7 Series, Lexus LS, Mercedes-Benz S-Class, Genesis G90, and the Audi A8 fall just outside of that range.
The Chevrolet Corvette is the luxury car of the brand. The Chevrolet was designed in 1953 and appears to be very successful. It has the look and feel of a sports car (Ferrell & Hartline, 2014). The deletion of Corvette was selected due to failure to further meet the market target. Although the Corvette continues to be successful , it appears that Corvette may have met its level of maturity. According to Ferrell and Hartline (2014) textbook material, Corvette no longer appeals young people and reminds them of the vehicle that their grandparents once drove.
One of the most recognized automotive models of current times is the Ford Taurus, introduced in 1986 as a front-wheel drive, midsize sedan. Just when the Taurus was being threatened with extinction, Ford decided to breathe new life into the line. The current generation Taurus now serves as Ford’s full-size flagship sedan.
Being a world-class classic sedan car M5, it targets the middle or high income people as their customers. And these target customers will not usually pay seriously attention on the price. So the purchase decision made by this group of people will always depend on the product features, quality or even just image. These target customers and up-to-date technology make M5 stay a high price.
What changes would you recommend in the way BMW develops new models? What attributes of newly launched products would you expect to improve as a result of these recommendations? Which attributes might deteriorate?
A..In 1962 BMW introduced the 1500 series and was the start of a completely new model range - a compactly styled, sporty alternative to the spacious luxury saloons. The four-door saloon was the foundation for the "New Class" of BMW automobiles that were as convincing with their sporty driving performance as they were with their availability of space. The BMW 1500 was a medium-size car for the entire family - and a role model for the later vehicles of the 3 Series that was to be equally successful.
BMW face though competition in US market after try to improve the situation by introduce number of new model to the core series, adjust pricing so it can compete, reorganize the dealer network and introduce new series of car to the market. Now we have a chance to focus on brand campaign call “BMW films” which is very successful campaign base on number of people who visit the web site and number of people who want more information about BMW.
It was in 2006 when it introduced its first model, the Tesla Roadster. Do you know what kind of car was it? Yes, exactly, electric sports, like three years ago that wanted to market. The Tesla Roadster was a two-seater less than four meters, removable roof, genetic Lotus, with rear-wheel drive, with between 252 and 292 hp depending on the version, some 394 km of autonomy, and it was also very fast.
This marketing report aims to examine and explain the marketing strategies of BMW , In this report I will be focusing on:
Strength of Competition-Very high. Toyota, Mercedes-Benz, Audi, Jaguar, Porsche, and more have invaded BMW’s market niche.