Report Principles Of Logistics Management

   

Added on  2020-04-07

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Report Principles Of Logistics Management_1
Running Head: ReportContentsIntroduction...........................................................................................................................................3Background.......................................................................................................................................3Key Information................................................................................................................................3The Interfaces........................................................................................................................................4Order Cycle...........................................................................................................................................5Inventory management..........................................................................................................................7Conclusion.............................................................................................................................................8References...........................................................................................................................................102
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Running Head: ReportIntroductionBackgroundThe purpose of this report is to describe the various duties being performed by the logistics manager of the company or an organization. In this report, we will discuss about the HG Metals Manufacturing Limited, Singapore. First of all in this report, we will discuss about therole of the logistics manager in the company and then we will study about the core function of the overall process, i.e., about the production process being carried out in the company, about the fields of marketing along-with the study of accounting and finance system of the company [ CITATION Tea171 \l 1033 ].Key InformationHG Metals Manufacturing Limited is the manufacturer of steel products and it manufactures a large variety of steel products from last forty five years in the country. HG Metals was founded in the year 1971, and working from such a long time at present the company holds approximately eight Lac square feet of the warehousing facilities. The company is successfully carrying out its business in a large number of countries across the world and it is capable of doing so with the help of its strong sourcing network with the other countries. The company manufactures and delivers more than three thousand steel products among the people all over the world. The company also offers several customized steel solutions to the customers all over the world. The HG Metals has divided its whole business into three different sections or companies, i.e., HG Distribution, HG Industrial Steel & Services and thethird one is HG Construction Steel. HG Metals were also listed on the Singapore Exchange’s Main Board in the year 2004. The company has successfully attained this position by maintaining good customer relationship as well as its supply network through its various 3
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Running Head: Reportrepresentatives in the countries like Japan, Turkey, Russia and many other Eastern European Countries. The InterfacesWorking as a logistics manager in the company, the basic task is to coordinate all the processes being carried out by the company such as, satisfying the employees, suppliers as well as the customers of the company. The working of the logistics manager ensures the success of the company’s business by selecting an effective and efficient the supply chain management technique. Three core functional areas given in the case study, i.e., the process of marketing, production and the finance process are actually the part of supply chain, which are totally similar to the functionality of a logistics manager of the company or an organization. Both the processes include similar types of task or responsibilities like issues related to the environment, issues related to the transportation of the products from one place to another and many other processes related to the delivery of the products from the manufacturer to the customer on right time while ensuring all the safety procedures. The logistics manager has to perform several important tasks like forecasting the requirements of the customers and fulfilling them according to their need. Effectively evaluating the buying patterns is also one of the most important tasks of the logistics manager/ supply chain manager. It is the responsibility of the logistics manager to introduce new-new policies related to the logistics activities and to modify these policies from time to time [ CITATION GSi14 \l 1033 ]. He/she needs to track all the processes continuously to meet the requirements of the production staff and the customers. They need to introduce time to time training facilities for the newly recruited staff and to introduce the new technologies as well with the help of several models specially designed for the evaluation of the logistics services and programs. The complete working of the logistics manager is divided into two main 4
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