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Logistics Management - MGMT30011 - Assignment

   

Added on  2020-03-07

8 Pages1753 Words85 Views
Running head: LOGISTICS MANAGEMENTLogistics Management Name of the Student Name of the University Author note

1LOGISTICS MANAGEMENTAnswer to question 1: Nutrabolt required faster methods of processing the orders faster and in a moreefficient method. In addition to that, the company also required to manage the volume swingsmore economically. The entire situation demanded implementing strategies that help theorganization to enhance the distribution channels and the existing management as well. Thekey success factors of the strategies that have been implemented by Kane in the sales anddistribution channels of Nutrabolt are: Kane has worked in an efficient way to manage the multi distribution channels.Nutrabolt already had five war houses in its US distribution channels where two of thewar houses were in Salt Lake City and in Atlanta. Previously, Nutrabolt had used bothof these war houses for their distribution to the consumers, retail chains and the otherdistributors. Kane has designed all these facilities in a way that all of the war housescould utilize a single inventory pool for handling the case, pallet and each pickrequirements along with the replenishing products for all the distribution channels. Inthis way, all the products of the company will be available for the ‘first come, firstserve’ basis for any distributor, rather than preserving the products for few individualchannels. Therefore, it would be easier for the distributors to access the productsaccording to their requirement. Furthermore, more products will reach the customers. Kane has also implemented that all the products of Nutrabolt will be kept in a placewithin the temperature 58’F to 75’F and the entire inventory will be managed throughstrict FIFO protocols with the capability of tracking the products with the lot numbersand there will be expiring date tracking system as well. In this way the organizationwill be able to track the products which are required to remove from the distributionchannel. Other than that, the organization will also be able to track if there is anybatch missing, therefore it will be easier to track if there is any unusual doings with

2LOGISTICS MANAGEMENTthe products. Therefore the organization could track its products more effectively. Ithad also improved the level of accuracy in terms of the errors made in inventory. Kane also uses Manhattan Scale which is a leading management system, mostly usedby all the renowned companies for managing the inventory of Nutrabolt. In this way,they make the retail supply chain of the organization more efficient and ensure thatthe organization is in compliance with the routing guides of the retailers. Along withthat, utilizing the management system has reduced the cost of labor to a great extent. Using these strategies, Kane has improved the sales and distribution channels andreduced the costs in few usual sectors to a great extent. Answer to question 2: After the implementation of the strategies, there may still be few challenges for theorganization. Nutrabelt and Kane both the organization should be well aware of the possiblechallenges that can come their way in the future. Those are: Fail of Technology Kane has implemented more advanced technologies in the logistics managementsystem of Nutrabolt. It has been done due to the reduction of the cost of the labor and makingthe entire management stricter so that they can track each of the products and there is nounusual act done with any of the products. However, they have to remind the technology canfail at any time. Therefore, the company requires keeping a huge back up for the logisticsmanagement system. It is very much significant to back up the data and have a plan forrecovering from any system failure.

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