Understanding Operations, Logistics and Supply Chain Management

UNDERSTANDING OPERATIONS,
LOGISTICS AND SUPPLY CHAIN
MANAGEMENT
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TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Review of relevant Operation, Logistics and Supply Chain Management theories....................4
Solutions of Operations Management.........................................................................................6
RECOMMENDATIONS.................................................................................................................7
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9
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INTRODUCTION
Operations can be defined as business activities in which an organization engage themselves
so that they can convert their raw materials into finished services or products in order to sell
them to their targeted customers in order to increase their revenue and profit margin (Grant,
Trautrims and Wong, 2017). It is one of the most important part to be focused on. This helps the
organizations to provide complete quality products to their customers. When the goods are
completed with the help of logistics, they are transported to their end consumers. Logistics can
be defined as a process through which planning and execution of goods storage and
transportation is done so that end products can be transported to consumers end. Operations and
logistics are inter-related to each other i.e. after completion of final goods from operations,
logistics come into picture where storage and transportation of final goods is managed. But for
proper flow or transportation of goods it is important for organizations to focus on and adopt
Supply chain management (SCM). SCM is a kind of management in which flow of
services/goods as well as all the processes in which raw material is converted into final goods.
Both logistics and supply chain management are inter-related to each other and it is important for
organizations to effectively manage flow of goods and storage (Christopher, 2016). This
assignment will focus on reviewing all kinds of theories related to Operation, Logistics and
Supply Chain Management and will focus on New product/ service development and process and
managing quality. For this assignment an organization from Automotive industry will be chosen
which is Bentley Motors limited.
MAIN BODY
Organization
Organizations in Manufacturing industry are those who engage themselves in
manufacturing or transforming raw goods or materials into new products. Automobile companies
comes into this category. Automobile companies are also known as automotive companies are
those companies that sells or makes automobiles like cars etc. Bentley is one of those automotive
company that manufacturers automotive products. Bentley motors limited is a British
manufacturer who manufacturers luxury cars. It was founded in 1919 by H. M. Bentley and W.
O. Bentley in England, United Kingdom. Bentley was acquired by Rolls-Royce in 1931 and later
it weas acquired by Volkswagen groups 1998.
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