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Profile:
Headquarters: Newark, NJ
Manufacturing/Production: Detroit, MI & Kansas City, KS
CEO: Pavan Patel
Established: September 2016
Number of Employees: 450
Strategic Plan:
$8,000,000
$10,000,000
$2,000,000
$950,000
$200,000
$2,200,000
Net Productivity
SIS (Sample Inspection System) rate
Non-conformance rate
Inventory (Raw Materials & Finished Product)
Equipment Downtime
Market & Sales Forecast
R&D effectiveness
Customer Complaints
Energy & Environmental Conservation Rate
Management Objectives:
At AquaDrive, we strive to make the world a cleaner, sustainable and green
environment. All of our products conform to both National & International
Greenhouse Emission Standards. Our current carbon footprint is 4,300 tons
of CO2 per year with an ongoing objective to reduce. By implementing
various engineering tactics, AquaDrive will try to reduce that number to
below 2,000. Because our company utilizes water as a resource for our
products, we believe we are creating an environment where natural gas can
be replaced as our primary energy source. We also are in the business of
long-term thinking, therefore top level management has created the
following key goals & objectives
Bi-Annual Product Release Shows
Monthly Employee Engagement Meeting
Quarterly Operations & Administration Meeting
4 Collaborating Companies:
1) Land Rover Discovery:
The Land Rover organization is a car company based in the UK, but is
owned by the Indian company Tata Motors. Their business is in the
manufacturing and selling of premium four wheel drive vehicles that
specialize in off road terrains.
Collaborative Approach: Land Rover will be utilizing our water-based
vehicle approach by building clean cars for all parts of the world. We
will utilize their advanced knowledge and experience in off-road
terrains to understand how to use our technology in different
environments.