Logistics management | Assessment 1

   

Added on  2022-10-04

15 Pages3334 Words26 Views
Running head: LOGISTICS MANAGEMENT
Medical Device Company
Name of the student
Name of the university
Author note
Logistics management | Assessment 1_1
LOGISTICS MANAGEMENT1
Executive summary
This report identifies and solve the issues of the Medical Devices Company. It includes the
theory of logistics management and supply chain as well. This report analyses within the
domain of the logistic management theories of Medical Devices Company. It also has key
function and objectives of the logistics management.
Logistics management | Assessment 1_2
LOGISTICS MANAGEMENT2
Table of Contents
Introduction................................................................................................................................3
Discussion..................................................................................................................................4
Overview of the company......................................................................................................4
Analysing the case study of issues.........................................................................................5
Logistic management theories................................................................................................6
Logistical activities classification in business functions:.......................................................6
Logistics management objectives..........................................................................................7
Key functions of logistics management.................................................................................8
Solutions for management of logistic at Medical Devices Company....................................9
Conclusion................................................................................................................................11
Reference..................................................................................................................................12
Logistics management | Assessment 1_3
LOGISTICS MANAGEMENT3
Introduction
The management of the flow of materials and things, which assist in the
manufacturing process between two well defined point known as the point of origin and the
point of consumption is known as logistic management. Logistic management is done solely
with the aim to meet the needs and demands of the consumers as well as the corporations.
Many variables are identified as modulators on which the efficiency of the logistic
management function depends. The variables are identified as tangible goods as in tools,
equipments, materials, raw materials, semi- finished goods as well as food or other
consumable products. Logistic management basically, deals with the processes like material
handling, inventory management, flow of materials or information, warehousing, packaging,
production, manufacturing process optimization, transportation and security as well some
times (Cosimato and Troisi 2015). Logistics management within the domain of Supply chain
management deals with the planning, implementation, controlling the efficient and effective
forward as well as backward storage and movement of the materials and services, between
the point of consumption and the origin point.
The following report is an analysis of logistic management. The organization
considered for the analysis is of a manufacturer of medical equipments based in Europe. The
report addresses the issues recognized by the company of relying on a less competent logistic
management methodology, and the effects it is having on the business. The problems
recognized are dealt individually with respect to the theories of effective supply chain
management and discovering the proper ways to function, understanding the needs of the
organization (Carter, Rogers and Choi 2015). Necessary measures are proposed to the
manufacturer to take up after generating the solution of the discussed issue.
Logistics management | Assessment 1_4

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