BUS020N502A Understanding Operations, Logistics and Supply Chain Management
Added on 2020-05-04
13 Pages3330 Words159 Views
Running head: OPERATIONS, LOGISTICS AND SUPPLY CHAIN MANAGEMENTOPERATIONS, LOGISTICS AND SUPPLY CHAIN MANAGEMENTName of the studentName of the universityAuthor Note
1OPERATIONS, LOGISTICS AND SUPPLY CHAIN MANAGEMENTTable of contentsTable of contents..............................................................................................................................1Introduction......................................................................................................................................2Organizational background..............................................................................................................2Managing quality.............................................................................................................................3Analytic discussion with relevant and similar example(s) and applying appropriate solutions ofOperations Management..................................................................................................................8Conclusion.......................................................................................................................................9References......................................................................................................................................11
2OPERATIONS, LOGISTICS AND SUPPLY CHAIN MANAGEMENTIntroductionWith Global expansion and higher levels of competition amongst the organizations, theimportance of the productivity of an organization is utmost important. In order to achieve ahigher competitive advantage every organization chooses to focus on the methodology or themanagement rather than focusing more on the output (Wagner and Hollenbeck 2014).This report deals with the understanding of the strategies and theories that are used in themanagement of the supply chain and the operational divisions. As demanded by the topic, twospecific areas in the supply chain and the logistic division has been adopted and elaborated. Tohelp understand better about the theories and applications of the supply chain and operationsmanagement an automobile manufacturing organization has been cited for reference. RollsRoyce has been cited as car manufacturing company to add advantage in to the topic (Hitt,Ireland and Hoskisson 2012).The purpose of this report is to understand, analyze and relate the principles and practicesof the supply chain and operations management with reference to the Rolls Royce Company asone of the known automobile manufacturer in United Kingdom.Organizational backgroundRolls Royce is known as one of the reputated producers of British luxury cars as well asone of the leading companies into the aerospace industry. Rolls Royce not only manufacturescars but it is also instrumental in the production of extremely resourceful incorporated controland impulsion solutions. Its control systems are chiefly used in automobile, aerospace, marine,energy and off-highway applications. Rolls Royce is solitary of the world’s foremost producers
3OPERATIONS, LOGISTICS AND SUPPLY CHAIN MANAGEMENTof aero engines for big communal aircraft and communal jets and comparatively the second mainprovider of defense aero enginesin the globe. Rolls-Royce is well established in the automotiveand marine sector where the vessels and incorporate power systems are designed. Rolls Roycewas initially a BMW owned subsidiary company that was later on owned by the Volkswagengroup. Subsequently, there was a clash since BMW supplied Rolls Royce the engines. With thedispute finally mitigate the both companies, BMW and Volkswagen came to reconciliation anddecided to work in collaboration and the final company came into the existence. Rolls Royce hasset up its production plant in Good Wood, West Sussex and England that has been manufacturingthe iconic vehicles for more than a century and is likely to continue its pace in the next centuryas well.Managing qualityRolls Royce has a typically good producing operation system within the organization. Allthe micro and the micro operations within the organization is completely based on the customersand the suppliers (Krajewski, Ritzman and Malhotra 2013). The required components of theentire system are directed towards the accomplishment of the organizational goals. The companyaims to produce the cars with superior quality, durability including well functioning design andappeal. Rolls Royce emphasize on the relation with relationship with the suppliers and theconsumers for the benefit of effective operation and superior offerings (Wheelen and Hunger2017).Quality is seen as the most significant and intricate component of business strategy(Goetsch and Davis 2014). It is considered as one of the main factors to a company’s success and
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