StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Logistics and operation managment - Essay Example

Cite this document
Summary
Logistics and operations management primarily deals with analysing the demands and trend of the external market and likewise emerge with the plan for production of goods and/or services that are be able to meet the demands of the customers. Similarly, logistic management include…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.9% of users find it useful
Logistics and operation managment
Read Text Preview

Extract of sample "Logistics and operation managment"

Download file to see previous pages

In this context, it must be mentioned that some of the most important activities of operations and logistics management in the present day scenario includes inventory management, capacity management, and delivery and scheduling among others (Harrison & et. al., 2014). All these factors and their efficacy determine success or failure for the overall operations and logistics management of any business unit (Mahadevan, 2010). Operation management is one of the most vital processes that are involved within the operations of any particular business.

It include managing the overall operations of the business in a most efficient manner with due adherence to the goals and objectives of a business. In order to have a practical understanding of this particular aspect, a study of capacity and inventory management along with forecasting and scheduling has been conducted as part of a production simulation exercise. A team of few members conducted the exercise. The name of the team was Legendary. In order to determine the effectiveness of the teamwork, it will be vital to discuss about the weaknesses and strengths of the methods and approaches used to complete the process of operations management based on a given scenario.

The group i.e. legendary primarily targeted on using a simplistic scheduling approach in completing the entire process. In this regard, it has been seen that the team intended to reduce as well as control the cost of inventory. This particular approach is deemed to be quite vital for controlling the cost of the overall operation management project. This approach or strategy of inventory management has its own strengths and weaknesses. Following this approach, the team i.e. legendary has been able to control and reduce the cost of inventory management of the company provided within the given scenario.

This was done with the help of proper and accurate scheduling of stocks

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Logistics and operation managment Essay Example | Topics and Well Written Essays - 4000 words”, n.d.)
Logistics and operation managment Essay Example | Topics and Well Written Essays - 4000 words. Retrieved from https://studentshare.org/professional/1669018-logistics-and-operation-managment
(Logistics and Operation Managment Essay Example | Topics and Well Written Essays - 4000 Words)
Logistics and Operation Managment Essay Example | Topics and Well Written Essays - 4000 Words. https://studentshare.org/professional/1669018-logistics-and-operation-managment.
“Logistics and Operation Managment Essay Example | Topics and Well Written Essays - 4000 Words”, n.d. https://studentshare.org/professional/1669018-logistics-and-operation-managment.
  • Cited: 0 times

CHECK THESE SAMPLES OF Logistics and operation managment

The Strategy of Managing Quality

A number of companies, which have received a refusal in certification, have been not able to receive it due to the improper documentation of their activity.... The is an opinion through some companies that if the employees do know, what exactly they are to do, there is no sense to make extra documents, and all the more so to work out time-consuming and complicated systems of documentation support in actual state and combined with following of all changes....
12 Pages (3000 words) Essay

The role of inventory management in the logistics and operation of Fed Ex Corporation Limited

This report will seek to describe the process of inventory management undertaken at Fed Ex Corporation Limited (courier industry) and the role it plays in the overall logistics and functioning of the company in helping it pursue its objective: the fast and efficient delivery of parcels to their desired destination anywhere across the globe!... This report describes the process of inventory management, one of the major processes of logistics at Fed ex to determine its importance in the overall logistics operation....
6 Pages (1500 words) Essay

Operations and logistics management

However there are still… (Doganis, 2001) The positive aspects include the manner in which ease of service in online booking is made possible whereby just about everyone who has an access to a Operations and logistics Management Online booking is the booking of tickets and making of payments through an online manner....
2 Pages (500 words) Essay

The Impact of Stevedoring & Its Implications on the Port Productivity

This proposal seeks to lay the ground for the implementation of a study to establish the relationship between stevedores and service delivery at the Jeddah Islamic Port, as well as establish the relationship between logistics and these operations.... Whereas the port has been widely successful in carrying out its functions, its efficiency has been affected by the poor operation of stevedoring.... Stevedoring entails all persons involved in the loading and unloading of containers at the port (logistics Training council 3)....
4 Pages (1000 words) Research Proposal

Logistics Planning Case

It has expanded its operation to numerous parts of the world.... They determine the location and the type of goods that a business should produce/supply.... … Managing the provision of goods and services is an important aspect of an enterprise that tends to affect organization supply chain as well as the availability of goods to the customers....
5 Pages (1250 words) Essay

Operations and Logistics Management

"Operations and logistics Management " paper focuses on management the aim of which is to attain complete customer satisfaction through quality, conformance to specifications thus ensuring profit maximization.... hellip; Information flow and feedback runs parallel to the logistics movement in a supply chain but in the opposite directions.... Inventory, storage, and supply of goods constitute logistics management.... logistics control has military origins, where it implied movement of supplies, rations, equipment, gear and weaponry to the waterfront....
11 Pages (2750 words) Term Paper

Logistical Processes at Tate and Lyle

The scope of operation is also a long-term rationale for the accomplishment of logistical processes at the Tate and Lyle.... The discussion in this paper “Logistical Processes at Tate and Lyle” establishes the key factors that influence the logistical processes at Tate and Lyle....
10 Pages (2500 words) Case Study

Command and Control (C2) Execution during Operation Restore Hope

The paper "Command and Control (C2) Execution during operation Restore Hope" focuses on the evaluation of the application of C2 in Somali during operation Restore Hope (United Nations Operations in Somalia, UNOSOM I-II).... operation Restore Hope (United Nations Operations in Somalia (UNOSOM I-II)) is a typical example of how the command control is implemented and represents the many faces of C2 in the sense that it is possible to provide a practical analysis of command and control through the highs and lows of UNOSOM....
10 Pages (2500 words) Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us