(solved)Understanding Operations, Logistics and Supply Chain Management

Added on - 22 Nov 2020

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UnderstandingOperations, Logisticsand Supply ChainManagement
Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................1Introduction of Tesla company...................................................................................................1New product & Service development process............................................................................2JUST-IN-TIME and Lean operation...........................................................................................3Triple Bottom Line......................................................................................................................5Recommendation for the company.............................................................................................5CONCLUSION................................................................................................................................6REFERENCE...................................................................................................................................7
INTRODUCTIONOperational management is the business practice which generate high level of efficiencywithin organisation. It is focuses on converting raw material & labour efforts into finished goods& services. Which increase efficiency to generate more profits for the organisation so they canachieve their business goals & objectives (Alippi, Boracchi and Roveri, 2013). Logistic is theorganised process where company implement the complex operation in the organisation.Basically, logistic is the part of management where flow start from the point of origin to thepoint of consumption to meet with customer's requirement or organisational objectives.Operation management help the business to grow or increase efficiency where logistic is theprocess to move goods from manufacturing place to stores for the consumption. Supply chainmanagement deals with goods where it will increase the efficiency and it connected fromsuppliers to the eventual customer. This project report contains detailed information about theoperational management and its importance. Additionally, it covers two theories which are Justin time theory(JIT) and triple bottom line(TBL). To be understand better, this report chose Teslawhich is American automotive company situated in Palo Alto, California. This company havespeciality in manufacturing electronic cars with the help of its Solar city subsidiary and solarpanel manufacturing. Tesla produce multiple assemble parts and notable Gigafactory. Mainfactory for manufacturing vehicle parts at Tesla factory in Fremont, california. This companyfounded in 2003 and founder of the company is Martin Eberhard and Marc Tarpenning, both arework under the Tesla Motors.MAIN BODYIntroduction of Tesla companyTesla is US based automotive company situated in Palo Alto, California. Company havespeciality in electronic cars with the help of Solar city subsidiary and solar panel manufacturing.Company founded in 2003 and founder is Martin Eberhard and Marc Tarpenning who currentlyworking under TeslaMotors. Tesla produce multiple assemble parts and notable Gigafactory.Main factory for manufacturing vehicle parts at Tesla factory in Fremont, California. In thecurrent market, there are few companies are which manufacture electric vehicle including Toyotaand Ford. Tesla design, manufacture or sell their services by their own or with the help of servicechannel (Alves, Dinis-Carvalho and Sousa, 2012). In the US market, consumer can online1
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