Principles of logistic management - Assignment
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Added on 2019-10-31
Principles of logistic management - Assignment
Added on 2019-10-31
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Running Head: Logistic Management 1Project Report: Principles of logistic management
Logistic Management 2ContentsIntroduction.......................................................................................................................3The interfaces....................................................................................................................3Production.....................................................................................................................4Marketing......................................................................................................................4Accounts and finance....................................................................................................6Order Cycle.......................................................................................................................6Steps of order cycle......................................................................................................6KPI................................................................................................................................7Recommendation for the order cycle:...........................................................................7Just in Time Approach..............................................................................................7Customer Service......................................................................................................8Inventory Management.............................................................................................8Order Processing.......................................................................................................8Transportation...........................................................................................................8Inventory Management.....................................................................................................8Recommendations for improvements:..........................................................................9Getting started...........................................................................................................9Ordering goods.........................................................................................................9Track of inventories..................................................................................................9Stock optimization....................................................................................................9Conclusion......................................................................................................................10References.......................................................................................................................11
Logistic Management 3Introduction:Singapore food delight manufacturer pte ltd company is a manufacturing company in the Singapore. This company manufactures the hawker food for the Singapore citizens. This company offers the fusion traditional foods to its customers. Mainly, this company sets equilibrium into the various elements of the food to make the food more delicious. HACCP has analyzed the company according to various standards and offered the HACCP certificate to the company. This company manufactures the frozen salad, frozen vacuum food, ready to eat food etc. this product could be steam or microwave by the customers according to their choice (Christopher, 2016). The packaging of the product is done in such a manner that the products could be fresh and authentic all the time. The key elements of the company are the best taste of the product and variety of the products. This company has adopted various new techniques to cook the food to make the food fresh for a long time and prepared ready to eat healthy foods. This company has enhanced its revenue on a huge level as the food is liked by every customers of the company and they are the loyal and regular customer of the company. Mainly, this company sets equilibrium into the various elements of the food to make the food more delicious. HACCP has analyzed the company according to various standards and offered the HACCP certificate to the company (Gil, Gangopadhyay, Zhou, Gordon, Nayak, 2010). Various promises have been done by the company to its customers regarding the product quality and the new initiative into the food offered by the company. Further, this company has asked the customers about their choice so that company could produce that goods and thus the best quality product of their choice could be offered to them. Through the studies, it has been found that the company is performing well in terms of profit and performance in the company. The interfaces:Logistic interface is recognized as a process in which the policies, techniques, products etc are communicated by a department to another to manage the logistics of the company. This interface is helpful for the company to manage the inventory level, reduce the cost level, enhance the sales level etc. The Singapore food delight manufacturer pte limited’s interface has been analyzed in this report. it has been found that interface of this company covers all the factors of the production, marketing and accounting department.
Logistic Management 4Production:Production department is related to converting the raw material into the finished goods. The logistic helps the production department at various stages which starts from findings the better raw materials to transferring the finished goods into the sales department. Various steps take place in this process such as carrying the raw material, warehousing the material, insurance of the product, transferring the finished goods etc are the activities of the production department which are directly related to the logistic department of the company (Nepstad et al, 2014). Through conducting a study over the production system of the company, it has been analyzed that the production of the company is of long run. Long run production depict that the company has enough time to make the changes into all the related aspects. In this study, ithas been found that the cost of the company could be managed by the company as various times is hold by the production department in which changes could be done to reduce the amount whereas if the length of the production was short than there were no chances for the company to manage the factors and reduce the extra cost of the company. Company has adopted the techniques and theories of EOQ, FOT and FOP to manage all the activities in a better way. Relationship of Logistic and production department of Singapore fooddelight manufacturer pte Limited(Ahi & Searcy, 2013)Marketing:
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