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Logistic & Operation Management Of IKEA

   

Added on  2020-01-28

10 Pages2808 Words126 Views
Logistic and OperationManagement
Logistic & Operation Management Of IKEA_1
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................11. Evaluation of the plannign and control activities of IKEA.........................................................1Long term planning and control..................................................................................................1Medium term planning and control.............................................................................................2Short term planning and control..................................................................................................32. Organization’s planning and control activities stages.................................................................4Sequencing...................................................................................................................................4Loading........................................................................................................................................4Scheduling...................................................................................................................................5Monitoring and control................................................................................................................53. Discussion of plannign and control activities and Recommedation............................................5Conclusion.......................................................................................................................................6References........................................................................................................................................7
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INTRODUCTIONLogistic and operation management is one of the important field for an organization forthe purpose of product development, quality management, and logistic information system andpersonnel management. There are number of tools and techniques which can be used byoperation manager of an organization for attaining performance objectives of the company(Dekker, Bloemhof and Mallidis, 2012). The current research project is based on logistic andoperation management of an international organization of UK. Regarding this, research has beenchosen IKEA which is a multinational group of companies that design and sell ready andassembled furniture in all over the world. This organization also focuses on logistic andoperation management at the time of manufacturing different products and services andmanaging quality as well (Fitzsimmons and Fitzsimmons, 2013). The current report will focus onplanning and control activities of the organization which play important role in attainingperformance objectives. Study will recommend appropriate strategies for aligning planning andcontrol activities with performance objectives.1. EVALUATION OF THE PLANNIGN AND CONTROL ACTIVITIES OF IKEAIKEA wants to improve its performance by developing effective plan and control.Regarding this organization need to focus on different types of planning and control activitiessuch as long term, medium term and short term (Bozarth and Handfield, 2016). Evaluation of theplanning and control activities of IKEA for attaining all performance objectives is described asunder:Long term planning and controlLong term planning and control activities are based on mission, vision and long termobjectives on IKEA. These objectives are described as follows:To increase the profitability of the organization by 30% in coming three years.To be a market leader of furniture industry and attain competitive advantages in effectivemanner (Schönsleben, 2016).To maintain sustainability in different activities of operation and logistics management. For attaining these objectives in effective manner IKEA focuses on appropriate activitiesof planning and control. To increase the profitability by 30% organization needs to develop plans1 | P a g e
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