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Understanding Operations, Logistics and Supply Chain Management

   

Added on  2022-12-30

9 Pages2559 Words78 Views
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Understanding Operations,
Logistics and Supply
Chain Management
Understanding Operations, Logistics and Supply Chain Management_1

Table of Contents
INTRODUCTION...........................................................................................................................1
Managing operations, logistics and supply chain.......................................................................1
Critical analyse and applying appropriate solutions of Operations Management......................3
Recommendation.............................................................................................................................4
CONCLUSION ...............................................................................................................................6
REFERENCES................................................................................................................................7
Understanding Operations, Logistics and Supply Chain Management_2

INTRODUCTION
Supply chain management is an process of managing all the product and services, also includes
the process of making raw material into the final goods in most effective way. It involve the
management of business supply chain activities for the maximization of customer value and gain
competitive advantages in business. Whereas logistics management is an part of supply chain
management plan, controls the effectiveness of forward of reverse flow and management of
goods and services related information related point of origins and point of consumption. In this
essay report Marks and Spencer is selected, (El Baz, Laguir,and Stekelorum, 2019) company
British multinational retailer and its headquarter is in London, England. Organisation specifically
deals in selling clouting, food products and home products. All the products of the company has
own label that represent brand. This report includes various information about operation and
logistics and supply chain management. Also criticality analysis of approaches operation
management. That helps company to understand various issues faced by the supply chain
operation and also includes appropriate solution of problems faced by supply chain.
Managing operations, logistics and supply chain.
Supply chain management refers to the management of goods and services in most
appropriate manner also it includes the process of transforming raw material into final product
that helps to gain competitive advantages in market. There are various types of operation of
supply chain that have to manage in order to achieve objectives and goals. In the context of
Marks and Spencer, supply chain management of company helps in understanding all the
techniques that helps company in cutting production cost and increase sell. Supply chain of
company ensure that it maximise the values of customers and company(Feng, Gai, and Li,
2019) can gain competitive advantages. Firm continuously think about the ideas and
performance of the company that can improve supply chain. However, company sometimes face
barrier in proper management of supply chain and its effective working in the organisation.
Company can manage its work force in most effective manner so that they can analyse the all the
berries in the process of supply chain and also increase the level of effectiveness of the supply
chain. Company can manages all the different aspects. To understand supply chain management
below is explanation of supply management theory.
1
Understanding Operations, Logistics and Supply Chain Management_3

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