logo

LOGISTICS AND SUPPLY CHAIN MANAGEMENT TABLE OF CONTENTS

   

Added on  2020-12-26

13 Pages3325 Words365 Views
UNDERSTANDINGOPERATIONS LOGISTICSAND SUPPLY CHAINMANAGEMENT

TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1CRITICAL REVIEW.......................................................................................................................1ANALYTICAL DISCUSSION.......................................................................................................4CONCLUSION AND RECOMMENDATIONS............................................................................6REFERENCES................................................................................................................................8

ILLUSTRATION INDEXIllustration 1: Supply Chain Management (SCM)...........................................................................2

INTRODUCTIONAutomotive industry is one of the key sectors across world. So, it is very important forthe organizations to manage the work effectively in order to enhance their performance inrespective industry. Understanding operations, logistics and supply chain management is veryimportant for any organization in order to perform well in the relevant sector. It is crucial for theindustry to increase their sales and production as well. Present report will study about Bentleywhich is a British manufacturer and marketer of luxurious cars and SUV's. Company wasfounded by H. M. Bentley and W. O. Bentley on 18th January 1919 in Cricklewood, NorthLondon, United Kingdom. It is headquartered in Crewe, England, United Kingdom. Thisassessment will focus on operational and supply chain issues in company by considering itsoperational management. Managing people in operations and supply chain and logistics mix i.e.channels, networks, transportation, managing inventory and capacity are the two core areas ofBentley which will be addressed in this report. Various theories related to operations, logisticsand supply chain management (SCM) will also be explained in this report which will be veryhelpful in enhancing their services. CRITICAL REVIEWAutomobile industry is the major component of economic growth in all industrializedcountries. Operations, logistics and supply chain management (SCM) plays an important role inautomotive industry as these help in managing their work effectively and it is a widespreadactivity embracing all sectors of the economy. Operational management plays an important rolefor Bentley as it helps in identifying their potential future. Having a good command in operationswill lead Bentley to achieve their goals and targets which will eventually increases their salesand production (Christopher, 2016). It has become very crucial for them to deliver the bestservices to the customers in order to increase their profitability ratio.In order to get competitive edge, it is crucial for Bentley to have good logistics andsupply chain management (SCM). Logistics is a process in organization which helps inmanaging the flow of their goods and services, that is, from the origin point to their finaldestination i.e. to its customer. For Bentley, this logistics will involve elements like materials,machines, equipment, etc. Logistics is concerned with both material and information flow(Wisner, Tan and Leong, 2014). This process is very helpful in understanding the link between1

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Understanding Operations, Logistics and Supply Chain Management
|9
|3020
|99

Understanding Operations, Logistics and Supply Chain Management
|9
|2438
|71

Understanding Operations, Logistics and Supply Chain Management Solved Assignment (Doc)
|11
|3306
|218

Operations Management of Logistics and Supply Chain Management
|14
|3357
|122

DHL Global Supply Chain Management
|16
|4020
|93

Operations, Logistics and Supply Chain Management Assignment
|12
|3017
|70