Principles of Logistics Management Assignment
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Added on 2020-03-23
Principles of Logistics Management Assignment
Added on 2020-03-23
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Logistics1Principles of Logistics Management
Logistics2Table of ContentsIntroduction...................................................................................................................3Background and Purpose of the Report...................................................................3Overview of DyStar Group........................................................................................3The Interfaces...............................................................................................................4Interface between Logistics and Production.............................................................4Interface between Logistics and Marketing..............................................................5Interface between Logistics and Accounts and Finance..........................................6Order Cycle...................................................................................................................6Inventory Management.................................................................................................8Conclusion....................................................................................................................9References.................................................................................................................10
Logistics3IntroductionBackground and Purpose of the ReportThe purpose of the report is to analyze the current operations of a manufacturingcompany in terms of linking the same with logistics functions. It focuses on analyzingthe interfaces between logistics functions with the production, marketing andaccounts and finance activities of the manufacturing firm. Further, effective analysisand recommendations are taken to be rendered associated with the order cycle andthe inventory management functions of the manufacturing organization. Bothempirical and case study related research is taken to be undertaken forunderstanding and evaluating the effectiveness and potential of the logisticsfunctions of the manufacturing firm with order cycle and inventory managementactivities conducted by it. The report would thus help in reflecting on the practicaleffectiveness of the theoretical directions concerning logistics management activitiesregarding manufacturing organizations. Overview of DyStar Group DyStar Group established during 1995 in terms of a joint venture between twocompanies Hoechst AG and Bayer Textile Dyes operates as a market leader inmanufacturing dyestuff and chemicals and also in generation of coloring solutions.DyStar Group serves its customers through the generation of different types ofcolorants, effective chemicals and also other types of services. A timeline of DyStarGroup is reflected as follows.
Logistics4[ CITATION DyS17 \l 1033 ]DyStar Group renders innovative services and solutions to the textile industry whilealso providing services to other sectors like paints, packaging industry, coatings andalso paper products. It also serves other sectors like food and beverage and alsopersonal care through the generation of different types of chemical solutions andproducts. The service divisions of DyStar Group essentially focus on providingassistance to different types of brands, retail institutions and also other types ofindustry partners in terms of operating through effective supply chains that helpsboth in reducing lead times and also the supply chain and distribution costs.Moreover, DyStar also works based on the basis of an econfidence program thatgenerates assurance regarding the meeting of legal compliances of its chemicalproducts and solutions[ CITATION DyS17 \l 1033 ]. The InterfacesInterface between Logistics and ProductionAn effective interface between logistics and production is associated to the durationrequired for meeting of the production operations. Operational efficiency isdetermined in terms of existence of long range production runs with infrequentamount of changeovers. However, production operations carried out for longerdurations tend to result in some finished products while also limits the supplies of
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