This document discusses strategies used by project leaders, difficulties in utilizing information systems, and strengths and weaknesses of supply chain transportation systems in logistics and supply chain management.
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Running head: LOGISTICS AND SUPPLY CHAIN MANAGEMENT Logistics and Supply Chain Management Name of the student Name of the university Author Note:
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2 LOGISTICS AND SUPPLY CHAIN MANAGEMENT Table of Contents Part A...............................................................................................................................................3 Strategies used by the project leader...........................................................................................3 One area of project management that could have been improved...............................................4 Part B...............................................................................................................................................4 Difficulty while utilizing the information systems......................................................................4 Source of Assistance....................................................................................................................5 Part C...............................................................................................................................................5 Placement organizationssupply chain transportation system.....................................................5 Strengths and Weaknesses...........................................................................................................6 Identification of 2 strategies while utilizing the optimization of the supply chain transportation system..........................................................................................................................................7 References........................................................................................................................................9
3 LOGISTICS AND SUPPLY CHAIN MANAGEMENT Part A Strategies used by the project leader It is important for the management of the organization to ensure the success of the business organization by implementing the proper tools and strategies that are useful to close the gaps in an organization. There are many organizations where the closing of the gap in between the formulation of the strategy and its proper and effective implementation. The struggle is real as because the majority of the executive leaders or the project leaders have acknowledged to the fact that the organization has been effective in meeting the demands of the people(Schönsleben, 2016). Project Execution is one of the most important tasks that need to be carried out by the project manager in order to realize or meet the targets of the project that has been undertaken by the management of the business organization. According to,Grant, Trautrims & Wong (2017) Project Execution is considered to be the third phase of the project life cycle where the project manager constructs the different deliverables and presents them to the stakeholders and the customers of the business organization. The main purpose for the execution of the project is to complete the work that has been defined in the project management plan of the company. Some of the main strategies that are used by the Project Manager at helm at Think Logistics are as follows; 1.Beginning with the end in mind-The project managers of the company must start the project with the aim of completing it within a scheduled period of time. All the strategies must be kept in mind and implemented at the right time to ensure the best success. 2.Building a high performance team-The managers who are in charge of different projects of Think Logistics must aim to build a high quality and high performance team
4 LOGISTICS AND SUPPLY CHAIN MANAGEMENT which will be capable to meet any kind of complex targets and achieve the best results. The leaders who will be able to align their vision and work with the teams will gain success in the business. 3.Being open and flexible-Each and every project that comes to the organization is unique in nature. Each of the projects has its own set of characteristics. The project leader of the particular projects must be adaptable and easily flexible to different kinds and types of the project(Fernie & Sparks, 2018). They must ensure that they are able to easily execute the tasks and deliver the results on time. The project managers must also be well aware of the fact that different kinds of the problems will occur during the execution phase of the project. The managers must be prepared to easily pivot the pressure and take the proper strategic and tactical decisions to ensure the success of the business in a proper and effective manner. One area of project management that could have been improved The communication among the clients and the management is not at all updated and thus it leads to misunderstandings and different problems during the operations of the business. The communication skills need to be upgraded in order to ensure the success of any project undertaken by the management of“Think Logistics”. Part B Difficulty while utilizing the information systems It will be not proper to tell that I didn’t felt any difficulty but the difficulty was easily managed by the help of my team leader and supervisors. My team leader is a Logistics Analyst and he has been imparting me the training of the different kinds of the information systems
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5 LOGISTICS AND SUPPLY CHAIN MANAGEMENT related to the logistics and supply chain management of the Think Logistics Company. The Company has been using the SAP system which is one of the most popular logistic management software among the different such software present in the market. Though the SAP was a bit difficult for me, I have started to learn it in a proper and effective manner by both watching my superiors work with them and then again doing practical jobs by myself. The information system stored in the SAP system is very well secured and not accessible easily. After learning the basics of the system I personally learned a lot of things after using it on my own. Apart from this I was also assigned with the task of completing the surveys on the problems faced by the clients and record them. The records of the disputes are presented to the managers and my superiors who take the necessary actions according to the demands. I am now assigned with the job of mailing the details of all the customer related complaints to the supervisor and my team leader. The mailing activities done by me and the learning of the ways on how a logistics analyst can develop and record a freight rate data to be used by the supply chain departments is to determine the most economical and efficient modes of the transportation. Source of Assistance Thecrucialinformationregardingalltheseelementsof freighttransportationand logistics management has been mainly attained from the training of my seniors especially my team leader and the senior Logistics Analyst who is in charge of the other logistics analysts and interns like me.
6 LOGISTICS AND SUPPLY CHAIN MANAGEMENT Part C Placement organizationssupply chain transportation system SupplyChainManagementcanbedividedintothreemajorareas.Thisincludes purchasing,manufacturingandtransport.Thesupplychainmanagementsystemofan organization is directly linked with the efficiency of the business organization(Dubey et al. 2017). The better the supply chain, the better will be the efficiency of the company. As per my own knowledge, the supply chain management of my Intern Company, “Think Logistics” is divided into outer and inner supply chain. According to,Coyle et al. (2016)the inner supply chain comprises of the warehouses where the organization receives the raw materials from the suppliers and then stores them into the warehouse. The inner supply chain of the company can be termed as the warehouses from where the raw materials are selected, stored, packed and then prepared for shipping. Strengths and Weaknesses The 3 different strengths and weakness of the following supply chain are as follows; STRENGTHSWEAKNESSESDiverse portfoliosof the clientsand customers Too much dependence on people Huge Expertise Huge outlay of capitalEnd to end Services of Logistics Less contact with the customers Strengths
7 LOGISTICS AND SUPPLY CHAIN MANAGEMENT The management of Think Logistics is able to cater to a wide range of clients and customers from different kind of industries and different backgrounds. This leads to a number of challenging tasks undertaken by the management of the business organization. Apart from that a huge expertise in the logistics, use of the most updated SAP software and safe storage of data adds to the strength of the business enterprise. Apart from that the providence of an all round transport facility involving rail, road and airways caters to the needs of all the people who avail the prompt and unparalleled services of the business organization. Weaknesses Over dependence on the employees in most of the occasions and the huge investment of capital is seen to be two of the largest weaknesses of the following business organization. Lastly there is very little or no such specific communication policies of the management which leads to less contact with the clients and ultimately provides services that may or may not be the needs of the customers. Identificationof2strategieswhileutilizingtheoptimizationofthesupplychain transportation system The supply chain of the extended business enterprise has become one of the most increasingly complex ecosystems of different kinds of people, methods as well as the different types of the technologies. The internal system of the different supply chains have greatly expanded due to the proliferation of computer networks and Internet tools and technologies during the past two decades(Christopher, 2016). These innovations opened the door for true collaboration between partners, distributors and suppliers that extended well beyond the four
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8 LOGISTICS AND SUPPLY CHAIN MANAGEMENT physical (and virtual) walls of the enterprise. Some of the main features of the optimization are as follows; a.Thinking globally and acting locally- The management of the organization must consider the strategical importance of the supply chain and act accordingly. It is important for the management to think of global expansion by procuring goods globally and implementing world class services. The manufacturers must consider the global needs determine the different kinds of the optimal channels of the organization. b.Focusing on core strengths and outsourcing of the activities- The management of the organization must focus on the core strengths of the company and must try to outsource the same tasks to other organizations. Such a task can lead to the success of the business. c.Improvement of collaboration between manufacturers and suppliers- The following processcanhelpreduceinventoryandimprovetheperformanceofthebusiness enterprise.
9 LOGISTICS AND SUPPLY CHAIN MANAGEMENT References Christopher, M. (2016).Logistics & supply chain management. Pearson UK. Coyle, J. J., Langley, C. J., Novack, R. A., & Gibson, B. (2016).Supply chain management: a logistics perspective. Nelson Education. Dubey, R., Gunasekaran, A., Papadopoulos, T., Childe, S. J., Shibin, K. T., & Wamba, S. F. (2017).Sustainablesupplychainmanagement:frameworkandfurtherresearch directions.Journal of Cleaner Production,142, 1119-1130. Fernie, J., & Sparks, L. (Eds.). (2018).Logistics and retail management: emerging issues and new challenges in the retail supply chain. Kogan page publishers. Grant, D. B., Trautrims, A., & Wong, C. Y. (2017).Sustainable logistics and supply chain management: principles and practices for sustainable operations and management. Kogan Page Publishers. Hugos, M. H. (2018).Essentials of supply chain management. John Wiley & Sons. Schönsleben,P.(2016).Integrallogisticsmanagement:operationsandsupplychain management within and across companies. CRC Press.
10 LOGISTICS AND SUPPLY CHAIN MANAGEMENT Stadtler, H. (2015). Supply chain management: An overview. InSupply chain management and advanced planning(pp. 3-28). Springer, Berlin, Heidelberg. Wang, G., Gunasekaran, A., Ngai, E. W., & Papadopoulos, T. (2016). Big data analytics in logisticsandsupplychainmanagement:Certaininvestigationsforresearchand applications.International Journal of Production Economics,176, 98-110. Wang,T.,&Cullinane,K.(2015).TheefficiencyofEuropeancontainerterminalsand implications for supply chain management. InPort management(pp. 253-272). Palgrave Macmillan, London.