Logistic And Supply Chain Management Of Organization †Free Samples

Question: Discuss about the Logistic And Supply Chain Management Of Organization. Answer: Introduction In this report, study has been conducted on thelogistic and supply chain management of organization. These both part are the key pillar for the business success of organization. It is evaluated that logistic activities focus on inbound activities or business functioning which are under the boundaries of organizations. Supply chain activities are related to manufacture, supplier and vendors and retailers of company. In the starting of this report, logistic and supply chain management in context with the effective business functioning has been described. After that, inventory management and logistic strategic planning has been described. Afterward, sustainable business practice ofsupply chain management has been taken into consideration. In the end of this report, impact information system and use of cyber computing system of enterprises resources planning has been taken into consideration (Waters and Rinsler, 2014). Logistic and supply chain management (Inventory management and supply chain management It is considered that logistic activities of organization is related to inbound activities or business functioning which are under the boundaries of organizations. Supply chain activities are related to manufacture, supplier and vendors and retailers of company who are indulged in value chain activities of organization. It is evaluated that if company finds that there is scarcity of suppliers in market then it should offer tenders in the market and list of best suppliers who provide raw material at less cost should be selected. However, company could put terms and conditions related to payment of carriage inward and outward in are logistic and supply chain activities. With the help of enterprises resources planning, company could determine the minimum level of stocks and economic orders quantity. In addition to this, adoption of cyber computing system and enterprises resources planning in the logistic and supply chain management will increase the effectiveness and coordination in all the activities (Islam, et al. 2013). Inventory management and strategic planning Inventory management of organization is related to management and supervises the flow of goods and services from the manufacture to warehouse and then to retails department. However, company could use enterprises resources planning to determine the minimum level of stocks and economic orders quantity. In addition to this, by using ERP cyber computing system, company could establish automation in placing orders with vendors and suppliers when the quantity of inventory reaches the minimum quantify in its warehouse. In addition to this, for the better level of inventory management and increasing the effectiveness of organization, company needs to establish proper level of nexus and coordination in all of its inbound activities (Subramanian and Gunasekaran, 2015). Supply chain management in globalized world Global supply chain management is directly linked to the rise of globalization. It is considered that if a company is using parts and services from another factory oversea then has to manage domestic and international business process effectively It has to consider all the activities such as production, supply, warehouse, marketing, distribution activities and transportation activities should be interlinked after evaluating domestic and international factors. Company needs to establish integrated customized supply chain management in which use of technologies, global cost factors and divisional factors of organization will be taken into consideration. However, company has installed cyber computing system to establish proper flow of information between employees to employee, employees to top management and employees to vendors. The globalized supply chain management of organization needs to establish proper communication channel for all the divisions on international level for import and export in all the production, supply, warehouse, marketing, international supply and transportation activities (Mangan and Lalwani, 2016). Sustainable practice in supply chain management Sustainable practice of supply chain management focuses on implementing business activities to reduce the complexity of business and efficient use of resources in determined approach. It is evaluated that company could use proper intergraded supply chain management functioning to increase the overall productivity and effectiveness of business by reducing the associated wastage of natural resources in determined approach. Supply chain management of company should be undergone through internal control system and proper value chain activities in easy and determined approach (Taticchi, et al. 2015). Impact of information technology on supply chain management Company needs to install proper level of cyber computing enterprises resources planning for effectively management of supply chain activities. It is observed that if company could use proper level of upgraded technologies in its supply chain management then it will increase the overall effectiveness of production, supply, warehouse, marketing, distribution activities and transportation activities and reduce the byproducts of organization. In addition to this, the main impact of information technologies would be related to reduce the time and cost involved in supply chain management (Stadtler, 2015). Open ended discussion Logistic and supply chain management activities of organizations are the key pillar for the business success. Logistic activities focuses on implementing proper level of inbound activities, whereas, supply chain activities of company is related to production, supply, warehouse, marketing, distribution and transportation activities. It is evaluated that if company wants to achieve its goals and objective in effective manner then it needs to establish proper level of nexus between logistic and supply chain activities. However, internal control system and proper level of coordination between logistic and supply chain activities is the key strategic planning which could be implemented by organization to increase the productivity and sustainability of business functioning on global level (Fernie and Sparks, 2014). Conclusion Value chain activities of organization are accompanied by logistic and supply chain activities. It is evaluated that productivity of organization on domestic and international level depends upon the effective value chain activities and implemented business functioning. The main point in global business activities is related to management of logistic activities and supply chain and their effectiveness and productivity based on proper level of coordination and nexus between all the value chain activities. References Fernie, J. and Sparks, L., 2014.Logistics and retail management: emerging issues and new challenges in the retail supply chain. Kogan page publishers. Heckmann, I., Comes, T. and Nickel, S., 2015. A critical review on supply chain riskDefinition, measure and modeling.Omega,52, pp.119-132. Islam, D.M.Z., Meier, J.F., Aditjandra, P.T., Zunder, T.H. and Pace, G., 2013. Logistics and supply chain management.Research in Transportation Economics,41(1), pp.3-16. Mangan, J. and Lalwani, C., 2016.Global logistics and supply chain management. John Wiley Sons. Stadtler, H., 2015. Supply chain management: An overview. InSupply chain management and advanced planning(pp. 3-28). Springer Berlin Heidelberg. Subramanian, N. and Gunasekaran, A., 2015. Cleaner supply-chain management practices for twenty-first-century organizational competitiveness: Practice-performance framework and research propositions.International Journal of Production Economics,164, pp.216-233. Taticchi, P., Garengo, P., Nudurupati, S.S., Tonelli, F. and Pasqualino, R., 2015. A review of decision-support tools and performance measurement and sustainable supply chain management.International Journal of Production Research,53(21), pp.6473-6494. Waters, D. and Rinsler, S., 2014.Global logistics: New directions in supply chain management. Kogan Page Publishers.