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Logistics and Supply Chain Management

   

Added on  2020-11-23

12 Pages3084 Words386 Views
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Understanding operations,logistics and supply chainmanagement
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Table of ContentsINTRODUCTION...........................................................................................................................3TASKS.............................................................................................................................................3Critical review of relevant Operation, Logistics and Supply Chain Management theories........3Discuss the specific example and applying suitable solutions of Operations Management.......7CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
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INTRODUCTIONLogistics and supply chain management is the best approach in the organization that helpfor managing the business operations and function in effective manner. Supply chain isencompasses for planning and managing all business activities such as conversion, procurementetc. Bentley is based on to automative company that manufacture the products such as cars in themarketplace. This report will discuss about the different operations and supply chainmanagement system or logistics process in this firm. Furthermore, it also discusses about thesimilar and relevant example to apply the new technique in their operations management tocontrol the entire business process in effective manner. TASKSCritical review of relevant Operation, Logistics and Supply Chain Management theories.Bentley adopts the different types of business improvement methodologies that help forimprove their enterprises performance and efficiency. Logistics is based on the supply chain thatcan used for the purpose of competitive edges. It is conceptual management system that clear thestructure and framework of supply chain management. Logistics and supply chain is the processto control the flow of goods between the consumptions and origin in order to meet the need andrequirement. The resource's management is main part of logistics that includes the physical itemslike inventory. Material handling, warehouse and security etc. Supply chain management is a systematic process to strategies coordination of thetraditional business operations and functions (Bichou, 2015). Bentley is the fastest growingorganization to perform different business function within particular organization and supply theproduct across the world. The purpose of supply chain to improve the long term performance ofbusiness process in effective manner. Supply chain management is also process or method thathelp for planning, controlling and implementing the operation of supply chain. It is an efficientprocess to control the movement of storage material, process inventory and finished the good andservice at the point of origin to consumption. Relevant operation of business- It is important for organization to manage their business activities in effective manner. This firmalways focus on towards their customer satisfaction and acquire more vehicle inventory at thedifferent places(Wang and et.al., 2015). Car expert help for customer to provide the best qualityof product and service in marketplace.
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It also maintains the appearance of car and always used the power wash to clean the exterior ofthe auto parts. In this way, Potential customer directly come to the dealer to find the suitablevehicles. Automotive car business is a leading in the entire world to manage the provide the newfeatures according to the need and requirement of clients. Bentley firm is performed differentoperations to expand their business process all over the world (Ellram and Cooper, 2014 ). Thisfirm has different department that perform different operations such as accounting, sales,marketing, finance, human resource management etc. Each department has specific roles andresponsibilities to handle the business process in effective manner. Human resource management- this department is mainly focused towards the performance andefficiency of business task. It can measure the overall performance of employee in proper ways.It also coordinates with the other department such as sales and marketing to communicate withthe sales team to find the need and requirement of customer. Sales and marketing- this department can handle the enterprises process for promoting theproduct of products in marketplace. In this way, it can easily use new technology for promotingthe products in effective ways. Managing the logistics and supply chain of Bentley-Logistics and Supply chain theories-Logistics and supply chain is the art of business process for managing and controlling theflows of goods and services. This concept is the main concept that applicable for meeting thecustomers needs. Business logistics is the relevant to the Bentley that support to increase theproduction and sales in the marketplace. There are different types of logistics mix theory discussin followings:Inventory management- Inventory management is the best approach that support to thenew idea and also implements towards the growth and development. It is primarily specifiedabout the product shape and stocked of goods (Hugos, 2018). Bentley is export their product todifferent locations and cities on regular basis. Logistic operations can perform for increasing theproductivity and profitability all over the world. The inventory concept has been expanded fromthe manufacturing system in the business service. All the work has to be done within theproduction of products and provide the best quality of features to their customers. The mainscope of inventory management to balance the cost of inventory, available physical space, qualityof management, future price of inventory etc.
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