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Global Logistics and Supply Chain Management : Assignment

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Added on  2020-07-23

Global Logistics and Supply Chain Management : Assignment

   Added on 2020-07-23

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Global Logistics and SupplyChain Management
Global Logistics and Supply Chain Management : Assignment_1
Table of ContentsINTRODUCTION...........................................................................................................................1BMW and Supply Chain Management.......................................................................................1Theoretical concept ....................................................................................................................2Key issues and challenges faced by BMW in supply chain management..................................2Solutions to overcome challenges...............................................................................................3CONCLUSION................................................................................................................................3REFERENCES................................................................................................................................4
Global Logistics and Supply Chain Management : Assignment_2
INTRODUCTIONThe flow of products and services which includes the movement and storage of rawmaterials, work in progress and finished goods from production to consumption is known assupply chain management system. BMW is well known automobiles company originated inGermany which specialises in producing cars, bikes and aircraft engines. Supply chainmanagement and logistics system is essential part of organisation. In this context, the followingcase study will focus on supply chain management and logistics systems of BMW and analysethe key challenges and issues faced by the organisation. Eventually, recommendations will beprovided, in order to avoid or eliminate the challenges efficiently. BMW and Supply Chain ManagementBayerische Motoren Werke or BMW is renowned luxury car and motor cyclesmanufacturing company incorporating its business activities nearly all over the world. Itsheadquarter is located in Munich, Germany and the organisation was founded in 1916. Supplychain management or SCM is referred as the process of designing and managing seamless andvalue added process across the boundaries of organisation to meet the needs and increases therevenue of company and customers. According to Stadtler, 2015 supply chain managementsystem is maintaining the relationship and inflow and outflow of goods and services withinproducers and consumers. BMW global supplier network creates a major contribution in creationof value, improving the quality and innovation and thus, led the company towards success anddevelopment. Suppliers plays, a prominent role and impact on sustainable performance anddevelopment of organisation. BMW works with around 13000 suppliers in 70 countries(Supplier Management, 2018). The responsibility of the suppliers and organisation is tocompliance with rules, regulations and legislation in order to increase the sustainability andproductivity of the company. The belief of the company regarding supply chain management isdirectly related with customers. They connote that our supply chain management system startsand ends with customers. In order to fulfil the customer requirement, the organisation uses aapplication where customers can request for the type of customisation they need. Once thecustomer make request, the central database record their request and deliver it to themanufacturing unit. 1
Global Logistics and Supply Chain Management : Assignment_3

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