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Operations Management of Logistics and Supply Chain PDF

   

Added on  2020-12-09

10 Pages3418 Words124 Views
Understanding Operations,Logistics and Supply ChainManagement
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Table of ContentsINTRODUCTION...........................................................................................................................1TASK ..............................................................................................................................................1Selected areas of operations, logistics and supply chain management.......................................11. Logistic Mix.......................................................................................................................12. Location and Layout...........................................................................................................4CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................8.........................................................................................................................................................9
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INTRODUCTIONOperations management refers to the administration of such business practices thatcreates high level of efficiency possible in an organisation. Logistics includes administration offlow of things among origin point and consumption point to meet needs of corporations orcustomers (Beske and Seuring, 2014). Supply chain management is the part of operations inwhich flow of products and services are managed, involving storage and movement of rawmaterials or inputs of work-in-process inventory and end products from origin to consumptionpoint. In the present assignment, chosen organisation is Toyota which deals in automotive sectorand offers high quality luxury cars to customers. This report covers operational, logistics andsupply chain management issues faced by Toyota. The two major areas of operations includinglogistics mix and location and layout are analysed in this project. TASK Selected areas of operations, logistics and supply chain management1. Logistic MixLogistics refers to the entire process of managing how materials or resources are acquire,store and transport to their end destination. Its management includes determining prospectivesuppliers and distributors and identifying their accessibility and effectiveness. Logistic mixincludes integration of channels, transportation, networks, managing capacity and inventory. Formanaging operations effectively, operations manager of Toyota requires to examine factorsrelated to logistics mix and determine best solution that helps in improving overall effectivenessof its operations. Key components of logistic mix are defined below: Channels:Products are manufactured by organisation to satisfy needs of target customers and forselling those, need of distribution channel arise. Distribution channel refers to the chain ofintermediaries or businesses by which a product or service passes or flows until it reaches toultimate customers (Bosona and Gebresenbet, 2013). These intermediaries includes whole-sellers, retailers, dealers, agents etc. Distribution channels are classified into 3 types which aredefined below: 1
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