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Understanding Operations, Logistics & Supply Chain Management Assignment - Jaguar

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Added on  2020-10-22

Understanding Operations, Logistics & Supply Chain Management Assignment - Jaguar

   Added on 2020-10-22

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Understanding Operations,Logistics and Supply ChainManagement
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ContentsFORMATIVE ASSESSMENT........................................................................................................1SUMMATIVE ASSESSMENT.......................................................................................................3REFERENCES................................................................................................................................8
Understanding Operations, Logistics & Supply Chain Management Assignment - Jaguar_2
Essay- Understanding Operations, Logistics and Supply Chain ManagementOperation management refers to that branch of management which deals withdeveloping, monitoring and controlling the process of production and also bringingimprovements in the processes if deemed necessary with new trends in market and technology(Jacobs, Chase and Lummus, 2014). It involves ascertaining and adopting those techniques thatresult in achieving high efficiency while conducting operations of company. Supply chainmanagement is the process of flow of products and services from the point of origin to point ofconsumption including activities like transportation and storage of raw materials and work-in-progress inventories. On the other hand, logistics refers to the process of planning, monitoringand executing the flow of goods and services from origin to destination in an effective andefficient manner in order to meet consumer needs and preferences. The present report is basedupon Jaguar Land Rover which is a multinational corporation situated in United Kingdom. Thiscompany is involved in carrying out Research and Development, manufacturing and assemblingof vehicles and its parts. This report mainly assesses two issues that are faced by company whilecarrying out its operations. These are namely, new product or service development and processalong with logistic mix. Also, this report includes solutions to the identified problems along withrecommendations for the same.FORMATIVE ASSESSMENTSelected Business OrganisationIn this, the selected organisation is Jaguar Land Rover which is an automotive companyinvolved in designing, development, assembly and distribution of vehicles. The company offersluxury cars along with sports cars, four wheel drive off-road vehicles and many other relatedvehicle parts and services. Two selected areas of Operations and Supply Chain ManagementThe two operational areas of selected in context of Jaguar Land Rover are:-New product or service development and processLogistic mix inclusive of channels, networks, transportation, managing inventory andcapacitySupply chain management refers to all those activities that take place while transformingthe raw materials into finished goods. This concept deals with the development of products ofJaguar Land Rover in a way that it reaches the market and gain widespread acceptance and1
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