Assignment - Creation Of Business Plan To Open Lean Logistics

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Added on 2020-02-12

Assignment - Creation Of Business Plan To Open Lean Logistics

Added on 2020-02-12

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Business ApplicationByDate: 15/03/2019

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TABLE OF CONTENTSProducing a business plan for a new venture........................................................................................3REFERENCES ........................................................................................................................................16

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Producing a business plan for a new ventureThe current report has depicted a business plan to open a new venture named LeanLogistics that will be operating in the logistics and transport industry with an aim ofproviding fast and quicker delivery related services to its clients.Purpose of the business:A significant purpose of the business is to determine the reasons behind developingas well as improving its supply chain performance to attain a satisfied set of customers for thenew venture which is Lean Logistics that deals with in the operating in the logistics andtransport industry. With an aim of providing fast and rapid manner. Mission and VisionThis newly launched venture has a prime goal of delivering pleasure at its customer’sdoorstep. It is accompanied with an idea of concentrating upon provisioning convenienttransport related services to the customers to rely upon with an ease of transferring theirgoods from one police to another. Main mission of firm is to deliver happiness at the doorstep of customers. Therefore,they are focusing upon convenient transport services upon which customers can rely andtransfer their goods from one place to another. It is with a main agenda of assisting those whoare relocating Business objectives* To maximize the quality of logistics and transport to enhance customer satisfaction level. * To ascertain strategies for improving relationship among the business and its customers toenhance the overall efficiency of the firm. * To assess the ways of installing proper tracking mechanisms to render effortless andconvenient services to the clients of Lean logistics.* To identify the Lean logistic within the company to attained better and fast quality ofservices and growth. Management structure Logistics and transport organization will focus upon adopting both horizontal andvertical management structure so that instructions could be delivered quickly. Within

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horizontal structure management separates workers in different manner and thus providethem specific task to be completed (Mangan, Lalwani and Lalwani, 2016). Thus, in thelogistics and transport services, each and every individual worker needs to assigned particulartask so that they are focused towards attaining the same. Management structure is consideredas the hierarchy of authority within business and thus their accountability and communicationchannels within firm relates to the external environment. Within logistics and transportcompany, organization will involve top management who directs and supervises the middlelevel management so that they can perform the operations within firm (Monczka andPatterson, 2015). Further they are directly in contact with the lower level staff so thatproducts or services could be directly delivered to end users and enhance their satisfactionlevel. Adopting such management structure results into providing appropriate services andproducts to clients and raise performance.Using management information There are varied types of management information which is crucial in terms ofrunning and monitoring of Lean Logistics in regard to develop and attain business policiesand objectives. Thus, it helps in managing financial resources of firm so that organizationalgoals can be attained. Also, using appropriate technology assists in developing and attainingbusiness policies and objectives (Stadtler, 2015). Management information is crucial andtherefore, firm will plan to raise its objectives and satisfy the needs of clients. There areseveral types of information which is being used by management in terms of maximizing theoutput and produce regular reports so that each and every level of management within firmhelps in improving the business performance in market. This is for instance on referring to

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Assignment - Creation Of Business Plan To Open Lean Logistics