Virgin Hyperloop1

Virgin Hyperloop
Name
 Virgin Hyperloop2

Table of Contents
1. Introduction.......................................................................................................................3
PART A.....................................................................................................................................4
2. Tools......................................................................................................................................4
2.1 SWOT Analysis................................................................................................................4
2.2 PESTEL Analysis.............................................................................................................6
2.3 PORTERS FIVE FORCES ANALYSIS..........................................................................8
2.4 Data Modelling.................................................................................................................9
2.5 Process Modelling..........................................................................................................10
3. Techniques..........................................................................................................................11
3.1 Interviewing....................................................................................................................11
3.2 Questionnaires................................................................................................................12
PART 2....................................................................................................................................13
4. Rich Picture- Buyer-Supplier Relationship at Honda....................................................13
4.1 Suppliers.........................................................................................................................13
4.2 Buyers.............................................................................................................................14
5. Workshop Planning...........................................................................................................14
References...............................................................................................................................15
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1. Introduction
Virgin Hyperloop is a US transport technology corporation which aims to monetise the
vacuum train version of the advanced technology version called the Hyperloop. The
corporation was formed on 1 June 2014 and reorganised on 12 October 2017 and renamed.
The purpose of Hyperloop projects is to transport travellers and/or freight at aircraft speed at
a fraction of the price of air transport. Using a linear electric motor to speed up and reduce
speed a jet vibrated pod via a moderate tunnel, the initial Hyperloop idea is suggested. At
speeds of up to 760 mph (1223.1 km/h) with very low achievement, the machine can glide
peacefully for miles. The framework is implemented to be truly automated, silent, immediate
and on-demand(Youssef,2017). Hyperloop elements include vacuum, acceleration,
magnetism, raft, electronic systems, pipe, and frameworks were combined in the test.
In the context of history and science fiction, the concept of vortex trains has been created
several times. The concept for a vacuum train variant named Hyperloop originated from a
discussion between Elon Musk and Shervin Pishevar, an Iranian American Silicon Valley
businessman, when they flew to Cuba together on the same peacekeeping mission in January
2012. The organisation successfully executed the first proper check using the floating away
frame without a passenger's pod on May 12, 2017, after Hyperloop. One started constructing
the 500-metre (1,600 ft) Develop in October 2016. A commuter pod will be involved in the
next stage of the test. The business developed and constructed its XP-1 (short for
experimental pod one) regular test pod name for its first version to be used in full-scale pod
experiments (Sayeed et al., 2018).
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PART A

2. Tools

2.1 SWOT Analysis

Minimize thetime
fortravelling  Security and protection 
Less costly and Lower initial costs for
simpler to build  tickets 
Lowered dragging and Acquirement of land 
friction  Creases or turns will slow
Especially in comparison it down.
with other transport
projects, less region

Strengths Weaknesses

De-congestion of towns 
Windows of opportunity
for industry 
Clean software could get Trains Bullet 
a benefit  Opportunities Threats Cheaper fares for
Improve in the field of aircraft 
tourism Destroying

Figure 1 SWOT Analysis

2.1.1 Strengths
Analysts argue that Hyperloop would be quicker and cheaper than thetrain or
commercial vehicles, and easier and less potentially harmful than air transport. They claim it
is both easier and faster to install than large rail. Hyperloop could also be used to carry
liability off congested roads, making it possible to fly between towns and, as just a way,
essentially causing substantial economic benefits and minimising transport costs. There have
been two significant distinctions between the Hyperloop and the standard rail (Gospodarczyk
et al., 2020.). Originally, the pods carrying individuals travel across tubes or channels on
 Virgin Hyperloop5

which a lot of air was already removed to reduce friction. It will enable the pods to travel for
up to 750 kilometres per second. Secondly, the pods are built to float on air skis rather than
just using spokes like a train or vehicle and use the same basic concept as a ski ball table or
using permanent magnets to eliminate friction. Hyperloop is far better than traditional rail,
proponents claim(Thompson, 2019). It is cheaper and far more fuel-intensive also because the
track does not have to constantly sell electricity to a pod, among many other factors, and
because the pods will leave each 30 seconds, it is more like an on-demand operation(Grose,
2020). It could be two times quicker than even an elevated rail, too, especially with the
comparison to other projects.
2.1.2 Weaknesses
Security and protection are some of the mirror illuminates or tools established to
prevent people and assets against a wide variety of concerns, namely fire, incidents, sabotage,
vandalism, manipulation, and assault shall constitute a military and intelligence system(Lui
and Jia, 2018) Moreover, lower initial costs for tickets will lead to less profit for the firm
initially. On a plane, many four forces are acting: thrust, drift, lift, and mass(Gdowska and
Rumin, 2020). Due to drag, the train stops completely. As power is decreased, drag becomes
greater than friction and causes the train to slow down.
Acquirement of land by the obligatory government procurement (also often referred
to as reestablishment) happens when people or corporations purchase land and property from
the property for public reasons, such as constructing roads or transport networks. By
mandatory purchase, tenants, property owners and companies may all be impacted (Martínez-
Díaz et al., 2018)

2.1.3 Opportunities
The windows for the opportunity are creating for the industry. A Hyperloop will draw
on several ways to reap full profits. Economic growth has been one of the possibilities an
airline will profit from. The industry is growing rapidly, and there aremany industry leaders
ready to pay in airline travel. To be able to explore broad cost savings, an airline should use
this chance to expand its cash reserves(Kupriyanovsky et al.,2020).

The creation of clean software can have a considerable effect on an organisation

balance sheet. This can implement mailing services for the shipment of package and parcel
worldwide in aviation. For those travelling to such destinations for recreation or company, it
can also offer special fare arrangements. There is a great room of improvement in the field of
tourism(ARMAĞAN, n.d)
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2.1.4 Threats
The economic growth is profoundly influenced by commuting for local and
international tourists. A decline in the globalised trade means that fewer customers are
expected to fly and makethe trade for fun, and the Hyperloop project has been giving cheap
fares which will lead to the lesser profits as well as this contributes to low revenue for the
airline(Jia et al.,2019).
The company should formulate a way to reduce its operating costs to the lowest
possible amounts to avoid possible losses due to its operating costs exceeding profits, to
mitigate the impact of this. Some government regulations can indeed pose a significant
challenge to Hyperloop project investors and destroy everything. Government action can
bring with its regulations that are quite expensive to comply with and also rivalry from
unpredictable places, for instance, from air carriers due to economic modernisation. The
bullet trains are indeed giving the toughest competitions to the Hyperloop progress
(Błażejczyk and Różycka, 2019).

2.2 PESTEL Analysis

POLITICAL ECONOMICAL

SOCIAL TECHNOLOGICAL

ENVIRIONMENTAL LEGAL

Figure 2 PESTEL Analysis

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2.2.1 Political
Since it has a relationship with rail track, Virgin rail works underneath a single name.
Virgin hyperloop project does have a share of 51%, and carriage has a market share of 49%.
Hyperloop follows all the standards and policies of the nation under which it works and pays
all taxes and makes policies in line with the regulations of the country. Virgin is the most
successful business in Europe and has several clients supporting its goods and has a great
impact and link with both the citizens of this country(Hansen, 2020). As the findings are not
explicitly attributable to its alliances with several businesses, the political interference in the
virgin community includes investment issues. (Nikitas et al., 2017)
2.2.2 Economical
The hyperloop project, almost all the businesses run collaborations, and they just invest cash
to a certain degree and extend their company. The economic crisis has a lot of effects on its
industry, such as shutting down or cutting business, which can have a direct impact on
business strategy. Operational standards are elevated, and special attention is given to
competitive customer services. Local and foreign market movements demonstrate the direct
effect on the company's sector(Thompson, 2019).
2.2.3 Social
The social responsibility of supplying its customers with quality offerings is the first
objective. As per the economic circumstances of the client, the organisation seems to have a
goal to offer quality service to all its clients. With each day, environmental problems are
growing. Thus, the company introduced the first bio-diesel train earlier than any other
Strategic investor (Nikitas et al., 2017). Virgin has low punctuality facilities that should be
taken care of and handled on time to please clients. In compliance with the material structures
of the nation's environment, Virgin Media has given various deals to its clients (Hansen,
2020).
2.2.4 Technological
Virgin is an organisation that often strives to upgrade its software or technical
expertise to the fullest degree and to support its stakeholders. Hyperloop has often updated its
clients with its software or performance and rendered the trains run timely without any
factual glitches. The Virgin group is still revised as a digital network in the provision of
internet services and innovations. Depending on the pattern and desire of the clients,
company policies also shift (Almujibah et al., 2020).
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2.2.5 Environmental

Virgin Hyperloop is that the vacuum environment can give other modes of transport an
energy advantage over hyperloop. Virgin Hyperloop One reports that 946 million tonnes of
CO2 have been generated on nationwide travels alone. When every passenger travels
between about 310 miles and 930 miles throughout was substituted with hyperloop renewable
energy by Virgin Hyperloop, the company predicts that it will be possible to remove fossil
fuel consumption from traveling by 58 percent. Civil and Environmental Engineering at
Purdue University, says that if it is to be worth the investment in any government financing,
renewable energy would have to be an integral part of any new regional transport scheme.
She says that new structures need to be designed not just for the transport needs of today, but
also to resolve climate issues.

2.2.6 Legal
Hyperloop project provides a highly controlled political atmosphere. Government has
the power, under the Commerce Clause Act, to control public entities that carry passengers or
freight across state borders. Federal laws regulating tubes to take precedence over personal
laws, but public transport services operating within their state are still controlled by each
government.  Hyperloop  operations are supervised by the National Highway Administration 
and rail safety regulations are established and implemented.

2.3 PORTERS FIVE FORCES ANALYSIS

2.3.1 Rivals
Hyperloops must face a competition between firms rising in the market, andthis
project has negative production costs. Companies are attempting to solve it and take
advantage of their competitors. Due to different causes, competition can be induced, and their
consequences can reduce profits and often, businesses have a face (Kupriyanovsky et al.,
2020). High fixed prices If the commodity price is reduced, consumers turn to other
businesses, and this will create issues so that businesses have to place a price with a minimal
sale of the tickets and decrease the revenue. Sales volume by gaining more passengers for
trains and building plans for the expansion of business, these businesses try to expand
quickly. During this method, there will be a strong competition as all the businesses try to
increase their size of the market(Voltes-Dorta and Becker, 2018).
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2.3.2 Threats of Substitute

The challenge of alternatives throughout this model refers to the very same kind of
Project introduced by other organisations and generated by competition(Alves, 2020). This
will encourage consumers to turn to other cheap rate trains. To retain current and new buyers,
businesses have price wars and search for low-margin profits.
2.3.3Buying Power
This applies to the influence of consumers, as buyers are primarily concerned. As the
marketers are strong, and if the marketers are poor, there are a few variables in this. When
consumers are less concentrated relative to market share, consumers are strong, and they can
buy a full amount of production. When businesses take over the transport of products through
their own or the manufacturers' supply delivery of expansionary monetary, the consumers are
poor.
2.3.4 Supplier Power
It addresses the influence of the supplier in this regard. The massive competition in
the industry implies the availability of higher number of suppliers and that poses a significant
risk on the business operations as suppliers are the key partners of the business and
maintaining good relationship with them results in lucrative business deals. However, in the
case of company in consideration, the negotiating power of suppliers is elevated.

2.3.5 Threats of New Entrants

This would generate tremendous competition in the industry whether any new
competitor came to market, and the possibility of new competitors might pose an additional
threat as they attempt to attract buyers and give people a variety of deals in this phase.
Whenever there is a huge market for some item and a lot of digital services, it can penetrate
this. If there are saleable assets, considered to be low costs or private companies, it is easy to
exit (Guo et al., 2020).

2.4 Data Modelling

Assuming a five - minute median departure time between capsules, At least 28

travellers per capsule must meet the requirement of 840 vehicles per hour. By reducing the
amount of time among exits, it is feasible to further expand the Hyperloop power. The
 Virgin Hyperloop10

existing baseline needs up to 40 pods in peak hour traffic service, 6 of which at customer
loading/unloading ports within 5 minutes(Rajendranand Harper, 2020).

Figure 3 Data Modeling

DEPARTURE TRAVELERS DEPARTURE TIME

CAPSULE 28 6
POD 40 5

PROVIDER PLAN TYPE PLAN ID DATE

PROVIDER A N-5 0985 12/04/2020
PROVIDER B U-8 1123 15/04/2020

2.5 Process Modelling

For the Hyperloop project, several prototypes have been placed fourth, falling into
two main groups, low-acceleration, and linear motors with big volume. For bullet trains as
well as other floors expanding the product, low-acceleration linear motors are sufficient.
Normally, elevated motor drives are very small and are designed to accelerate an object to a
very high speed. But another increasing shear linear motor configuration is the alternating
current linear induction direct-drive guided munitions.
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Figure 4 Process Modeling

3. Techniques

3.1 Interviewing

To achieve long-term growth, the hyperloop project got throughout the virgin
category deferred short-term gains and then used a decision-making approach at the personal
level of the business policy. Managers are granted the right to make choices for growth
individually and experience the same as management and the respect any director will feel.
Resources and financing problems are not exchanged among businesses, or any other
business would fill the void if any business were too big.
The HR team has introduced his corporate culture style and constantly engaged all
staff and requested guidance to best serve consumers. Workers were intensely interested in
complying with their beliefs but were responsible for their results. Human resource
 Virgin Hyperloop12

management was responsible for holding employees whenever possible, to earn promotion to
receive bonuses and benefit-sharing.
3.1.1 Environmental Affairs 
When conducting rooms for an interview for hiring for Hyperloop projects, the room
should also be private. The workers may feel comfortable getting your co-workers in the
hearing distance, but if you feel like others are tuning in, it will raise the stress on the
nominee.
3.1.2 Interviews are a two-way discussion. 

Virgin hyperloop is looking for the nominee and is also looking for the best suit. You
were your corporation's envoy, so it is better not to carry out the variation.
 CVs for Candidates. In the Virgin hyperloop project, knowing a few things about your
candidate's history and achievements demonstrates appreciation. More significantly, it helps
them to ask any questions that compel the candidate to reflect on their work experience. And
it has two advantages: firstly, they can check whether the position is balanced by the skills
and secondly, you will ensure that perhaps the applicant is all they appear to be on the
document.
3.1.3 Interviews go fast. Smartly pick the issues 

The virgin HR teams only have a few moments to obtain important details about a
nominee. This is notfast. They place yes/no queries to clean options that allow detailed
responses from your nominee. Ask about joins that drive beyond pre-prepared responses and
compel the applicant to respond on request firmly.
3.1.4 Option to check notes 

The team witnesses' statements and makes somebody else start writing them down. If
you are furiously attempting to scrawl the last speech on a sheet of parchment, it is difficult to
focus on having a constructive two-way conversation, one that demonstrates respect for the
nominee.
3.1.5 Analyse the body language of the candidate 

It has been said that up to 58 percent of human interaction is attributed to nonverbal

communication. By researching their stance, face movements, gestures and much more, you
might learn a great deal about the nominee. Better than the alternative during a talk with one-
one. Hiring a legal expert to sit on to your meetings could make investments.
 Virgin Hyperloop13

3.2 Questionnaires

Is hyperloop an innovation for global transport? YES NO

Is hyperloop promises ultrafast transportation? YES NO

Is the hyperloop a soundproof train? YES NO
Is the hyperloop eco-friendly and improves the climate? YES NO
Is travelling on hyperloop train is easy to travel? YES NO
Would this train hold up in the time of the earthquake? YES NO
Is hyperloop an economical method of transportation? YES NO
Does this train travel in the speed of an Airplane? YES NO

PART 2

4. Rich Picture- Buyer-Supplier Relationship at Honda

Figure 5 Rich Picture

The Honda Organization has developed a great customer and buyers' relationship as
to progress the Customer Supply Chain while doing work on the Japanese automakers
 Virgin Hyperloop14

"Toyota" and "Honda" and finding when developing relationships with suppliers, they had
similar concrete pavers. This theoretical framework is six-step guidance in Buyer-Supplier
Relationship to achieve the best extent(Handfieldand Linton, 2017). 

4.1 Suppliers

Honda has classic buying strategy. Honda organization uses "confrontational" to

achieve results by establishing it's relationship with suppliers. The primary focus is on trying
tough to vendors to lower costs or manipulate supplies.That side of the organziation aims to
cooperate partnerships usually occur as nevertheless has services and goods business
transactions, but seldom go beyond mutual reasonable work practices (Hui et al., 2018)
Good buyers and suppliers relationships are generating mutual advantage instead of
seeking to take ownership of the agreement or concentrating on price reductions each party
encourages the other to establish and/or exploit their shared intellectual property through
cooperation, increasing the current relationship benefit. Honda Cooperation has all businesses
are genuinely working together and market orientation on suppliers is a pledge by the entire
company and all its operations to build a competitive advantage for the buyers percepective,
in return for providers that create a huge edge for the company. The major idea is that the
long-term relationships among suppliers and buyers are encouraged by faith and dedication
(Hofmann and Sertori, 2020.).

4.2 Buyers

Manufacturing has a plan for the strategic edge, initiatives, and a charter that goes
above cost. Where there is a business opportunity for a "participatory" partnership,
purchasing a car has been established. It has found one supplier that could be a good choice
for the supplier. Start small and solely with one distributor. It should be a retailer that, if the
efforts have been successful, can yield the anticipated benefits and a supplier with whom
confidence can be created, and preferential treatment can be obtained. The partnership should
be devoted to all roles of both organisations. Supplier Partnership is a technique for business-
to-business, not for sourcing(Tong et al., 2018).

5. Workshop Planning
This workshop aims to develop a better working relationship between the management
and staff within the organisation, before the introduction of new working practices.Each
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workshop should have a target, an objective with such a set of goals and expected results.
Through the perspective as both a workshop leader and a member, due to the absence of a
specific objective, several gatherings eventually lose focus. Workshop members should
determine how the seminar has been provided what they would like to understand, learn, and
do to the attendees (Wan and Chao, 2018). The aim does not seem to be complex or
informative, and however, as a matter fact, it must be incredibly simple regardless.
When this knowledge is a chance to discover more, then please ensure they use it! The
great idea is to construct items such as their maturity, their simple sharing of the subject, etc.
(Springer et al., 2018). On the other hand, if it is not feasible, the strategy will suit most
people who have prior experience working with both the versatility to adjust and then
appropriate. Adjustments may be for developmental issues, unambitious participants, and
those with more experience of the subject.
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