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Logistics Management Assignment of L’Oreal Company

   

Added on  2020-03-16

9 Pages2607 Words41 Views
Running head: Logistics management Logistics management

Logistics management Table of ContentsIntroduction.................................................................................................................................................3Interface.......................................................................................................................................................3Production department interface..................................................................................................................4Marketing department interface...................................................................................................................4Accounting and finance department interface..............................................................................................4Current order processing system..................................................................................................................5Recommendation for current order cycle system.........................................................................................6Current inventory management and recommendations................................................................................6Conclusion...................................................................................................................................................7References...................................................................................................................................................82

Logistics management Introduction The report presents a brief overview of logistics management of the L’Oreal Company. Itexplains the significance and function of the logistics management. In addition, the report also describes the current order cycle system and current stock management of the company. It also tells that how to interface and its core functional areas play an integral role in logistics management. L’Oreal S.A is a French cosmetics company which head office located in Clichy, France. The company was founded on 30 July 1909 and its registered office is located in Paris. It is one of the biggest cosmetic companies in the world. It deals in various cosmetics and beauty products. It concentrates various activities in the field of cosmetics such as hair color, sun protection, makeup, skin care, hair care and perfume. There are approx 89,300 people are employed in the company. The Jean-Paul Agon is the CEO of the firm. The company is expanding its business activities and operations day by day. The company provides various cosmetics products to men and women globally. The total revenue of the company is approx €25.837 billion. The company is listed in the stock market. The Proctor & Gamble Company andthe Estee Lauder Companies Inc. are the main competitors of the company. The firm is offering the attractive and excellent quality of items and products to women and girls (Fernie & Sparks, 2014). It is one of the biggest cosmetic brands across the world. It is the French brand which deals in various cosmetics and beauty products. InterfaceThe interface is a method and technique that supports the association to collaborate, converse and cooperate with various obstacles and barriers’ of the firm. The logistics management is the core function of the every organization. The core functional areas of logistics management are production department interface, marketing department interface and accounting and finance department interface (Zhou,Chen, Li, Luo, Song, Duan & Yang, 2014). The interface between logistics and important functional areas like marketing, accounting, and finance and production interface are essential and mandatory for the company to meet the firm long-term business goals and objectives. The harmonization and cooperation are mandatory to 3

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