StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Nobody downloaded yet

Operations and Logistics Management - Term Paper Example

Comments (0) Cite this document
Summary
"Operations and Logistics Management " paper focuses on management the aim of which is to attain complete customer satisfaction through quality, conformance to specifications thus ensuring profit maximization. The goal to maximize profits is only realized by the development of competitive advantage…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.9% of users find it useful
Operations and Logistics Management
Read TextPreview

Extract of sample "Operations and Logistics Management"

Download file to see previous pages Operations management is the entire spectrum of functions and processes that are used to carry out production, sales, quality control, and distribution of products and services to meet the goals of an organization. Inventory, storage, and supply of goods constitute logistics management. Logistics control has military origins, where it implied movement of supplies, rations, equipment, gear and weaponry to the waterfront. Now it means delivery of raw material for factory consumption and distribution of the finished product to the end consumer. Together Operations and Logistics management constitute the business process control of an organization. 

A competitive advantage is an advantage over competitors gained by offering consumers greater value, either by means of lower prices or by providing greater benefits and service that justifies higher prices.

Generally, four ‘generic strategies’ are adopted for gaining a competitive advantage. They are differentiation, differentiation focus, cost leadership, and cost focus. 

We see a differentiation strategy in use in the diamond industry. The diamond jewelry products are uniquely positioned in the market and carry a premium tag. Cost leadership means to gain a competitive advantage by lowering the cost of the product. The Chinese consumer durables are examples of the products that gained a competitive advantage by keeping the production cost low. The differentiation focus is to target a particular product over a narrow clientele in a big competitive market. Exclusive retail of pet dog accessories, shampoos, soaps, diet foods, and supplements is an example of differentiation focus. In the cost focus, an enterprise seeks to provide competition to large companies by focussing on a narrow range of in-house made products. These products have utility similar to the upmarket ones but have the advantage of less cost. However, in the ‘global village,’ the old models of ‘competitive advantage’ are insufficient to lend an edge to a business. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Operations and Logistics Management Term Paper Example | Topics and Well Written Essays - 2750 words, n.d.)
Operations and Logistics Management Term Paper Example | Topics and Well Written Essays - 2750 words. https://studentshare.org/management/1708495-operations-logistics-management
(Operations and Logistics Management Term Paper Example | Topics and Well Written Essays - 2750 Words)
Operations and Logistics Management Term Paper Example | Topics and Well Written Essays - 2750 Words. https://studentshare.org/management/1708495-operations-logistics-management.
“Operations and Logistics Management Term Paper Example | Topics and Well Written Essays - 2750 Words”. https://studentshare.org/management/1708495-operations-logistics-management.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Operations and Logistics Management

Operations and logistics management

...Operations and Logistics Management Online booking is the booking of tickets and making of payments through an online manner. This is a process that has gained a lot of significance and fame in the present times due to the removal of complexities related with the physical booking regimes. However there are still some issues that need to be resolved in the wake of online booking which will be looked into further here. (Doganis, 2001) The positive aspects include the manner in which ease of service in online booking is made possible whereby just about everyone who has an access to a computer with Internet facility can register and purchase a ticket. This makes the task easier since payments are made online and the registration process...
2 Pages(500 words)Essay

Operations and logistics management

...Operations Management Case Study: eBay Today, operations management in a retail organization is not just limited to buying and selling of merchandise; the size of retail stores has grown huge and now its not just a pure chopping place, but an experience for the customer. In managing a retail store operations, focus is on planning and executing inventory, pricing sales force planning, store design and location. The other functions interface – finance, marketing, human resources, administration and strategy etc. should be integrated with the core retailing function; with the passage of time as internet as a channel of business and communication has gained a strong footing, internet retailing is becoming an option to expand business across...
12 Pages(3000 words)Essay

OPERATIONS AND LOGISTICS MANAGEMENT

... are a significant topic of discussion and implementation in operations and logistics management. Manufacturing involves a great amount of issues to be considered: most importantly, the cost of actual materials and equipments used, accuracy of knowledge and experience of the designers, vulnerability and dependability of decision making in design and production, and so on. Therefore, it is important to say that a thorough knowledge of the manufacturing processes is essential for the individuals involved in the actual making of things, along with those people who are involved in the design process. Many important and expensive decisions are made even before the commencement of manufacturing processes. These decisions are significant...
4 Pages(1000 words)Assignment

Operations and Logistics Management of Tesco

...Operations and Logistics Management Introduction The management of operations and logistics generally refers to the harmonization of organisational strategy, business activities and processes to meet the desired long-term goals of the enterprise. In the increasingly competitive twenty-first century world of integrated business procedures, linkages and expansion, application of logistics and operations is vital to the prospects of modern businesses. Using the global retail giant TESCO as a model, this essay discusses the relationship between operations management and corporate strategy, within the context of logistics management. The organisation and activation of key elements such as capacity, process design and type, layout and facility...
11 Pages(2750 words)Term Paper

Operations and Logistics Management

..., it is important to look at a case study. An operations and logistics management case study of Domino’s Pizza in India will clearly explain the relationship between strategy and operations management. As the tagline of Dominos explains, the vision of Dominos Pizza is to become the pizza delivery experts. Dominos Pizza was called Dominick’s Pizza in the initial years when it was owned and operated as a small pizza shop by Dominick De Varti. It was bought by Thomas S Monaghan and James S Monaghan in the year 1960. From 1961 onwards it was owned and operated by Thomas when James sold his entire share to Thomas. In was...
5 Pages(1250 words)Case Study

Operations and Logistics Management

... by Tesco regarding SCM. The operational issues and the business functions of Tesco are evaluated throughout the essay with regard to supply chain. It has been consequently observed from the essay that the effectiveness of the business largely depends on a strong SCM along with the productive relationship amid the partners. Table of Contents Executive Summary 2 Introduction 4 Supply Chain Management In Relation To the Management of Operations and Logistics Management 5 Criticising the Systems Analysis of Operational Activities 5 Critically Evaluate Analytical Tools, Techniques and Methods 7 Benefits of Application and Implementation from an International Perspective 12 Positive and Negative Attributes Of Supply Chain Management 12 Analyse...
19 Pages(4750 words)Essay

Operations and Logistics Management of Wal-Mart

... rivals (Barnes 2008). With the help of this report, an attempt has been made to analyze the significance of logistics and operations management in an organization as a functional domain and its application to world’s biggest retail giant: Wal-Mart. Wal-Mart had been able to carve a niche for itself through its strategic operations and logistics management without which it would not have been possible to achieve this position. This report throws light on how different agents, processes and operation levels have contributed in the overall success of Wal-Mart. Insight is also developed into challenges being faced by Wal-Mart and subsequent recommendations for improvement (Wal-Mart Analysis. n.d). Role and significance of effective operations...
15 Pages(3750 words)Assignment

Operations and Logistics Management

...Operations and Logistics Management Introduction Operations management and production management form the core activity of almost all manufacturing multinational companies. It is not only the cost efficiency factor but also the need for optimization of activities by elimination of redundant activities for the company that demands focus on the management of supply chain. It is observed that generally firms are ignorant towards the activities, and unable to identify the crucial ones which come under the scope of Operations management, refining operation related processes remains a distant reality for them. Any researcher, who wishes to understand the value of operations management, must familiarize himself with the concept of Just...
11 Pages(2750 words)Book Report/Review

Operations and Logistics Management - Kudler Fine Foods

...Kudler Find Foods Introduction The case study that has been selected to study the operations and logistics management of the company is on Kudler Fine Foods. Kudler Fine Foods is a company that was created by Kathy Kudler to offer the people fresh food and the packed items to make meals in short time. The company is offering different products including fresh produce, fresh meat, bakery products and pastries, dairy products and seafood. The company is seeking to offer best quality products and customer services however, it is still unable to achieve target level of operational efficiencies. There are various reasons because of which the company is facing problems in its logistics and operations management. The aim of this report...
8 Pages(2000 words)Case Study

Operations and Logistics Management

...Table of Contents Introduction 2 Toyota 3 Corporate Strategy 4 Operation Management 4 Relationship 5 Ways in which Operation Strategy, Process Types and Layout Design, Facility Design, Capacity and Process Design are organized and activated within the operations of the company 6 Value Addition to the Delivery of Goods 8 Conclusion 10 References 11 Bibliography 13 Introduction Operation management focuses on managing the process of producing and distributing products and services in an organization. Operation management is usually taken into consideration with the overall operations within an organization. Managing of purchases, inventory control, quality control, storage, logistics and their evaluations comes under the purview...
8 Pages(2000 words)Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Term Paper on topic Operations and Logistics Management for FREE!

Contact Us