Outsourcing a range of services and procedures could help Tesla save costs and increase efficiency. For instance, it can outsource battery manufacturing to experts like LG Chem or Panasonic, freeing up time for car design. While customer service outsourcing can enhance assistance and satisfaction, supply chain management and logistics outsourcing can simplify operations. Furthermore, outsourcing IT work and non-essential apps might free up resources for research and development. Outsourcing marketing and advertising allows for new insights and increased market visibility. Strategic alliances, such as those with Panasonic and LG Chem, use knowledge to their mutual advantage.
Characteristics of Strategic Partnership Outsourcing:
Long-term partnerships are common among Tesla's strategic partners.
• Goals and aspirations are shared by Tesla and its partners. The success of these endeavors, whether they include developing battery technology, boosting production efficiency, or expanding charging infrastructure, is the joint duty of both parties.
• Tesla is able to lower the risks associated with challenging undertakings like creating batteries or developing autonomous driving technologies.
• Tesla can leverage the partners' research and development resources to expedite the release of new features and technologies to the market.
• You can cut costs by collaborating with others.
• Strategic control over the direction and caliber of its goods is retained by Tesla.
Thompson, A. September 5, 2023.
Reference:
Wikipedia Contributors. (2019, August 13). Outsourcing. Retrieved from Wikipedia website:
https://en.wikipedia.org/wiki/Outsourcing