Logistics and Operations Management

Logistics and Operations Management

LOGISTICS AND OPERATIONS MANAGEMENT

Introduction

It has been seen and observed that there are many individuals who are confused with the terms like logistics management and operations management. Supply chain management is a vast field. There are many sub branches which can be found in supply chain management. It is all about the value chain activities involved in an organization and even in departments. Different strategic business units (SBUs) concentrate on logistic management and operations management. The main reason is very simple and easy to understand. There are customers who need final product or service to be delivered to them within best of time.

In business world it is all about providing cost effective, efficient and hassle free services. These services can include a huge range. Many companies are in constant habit of developing their managerial processes related to the operations and logistics. Logistics is all about providing delivery services to the customers. There are different studies which have been discussed by many philosophers and professors already which provide detailed information about the logistics and operations management. Keeping all the studies under observation and finely focussing on them a detailed analysis is provided on the accounts of both operations management and logistics management.

Discussion

Operations Management

Different organizations have different departments but almost same value chain activities. This is because of multiple reasons and the most basic reason behind it is very simple. It helps them to monitor processes much easily. There are different benchmarks set in the business world and for this reason different businesses have to have a needed structure of activities. Operations management is a combination of two distinctive terms, operations and management. It is essential to understand the meaning of management along with the operations to understand the proper meaning of operations management. Management is all about managing resources, which include individual, resources and other things. On the contrary the term operations, in business world relates to processes and procedures used to complete one business action. Similarly, operations management is all about planning, dealing and managing with different procedures, supply chain activities, product and services (Khanna, 2007, p. 6). It is of great importance to understand the fact that a company wants products and services to be delivered to the customers properly. It is of high importance to understand the utilization of the resources.

Operation management includes different matters. They can be about planning of supply chain activities along with settling on the site and size of manufacturing plants. Operations management is all about operational and tactical issues. According to practical analysis operational issues are mostly related to the protection of equipments, handling of material and relevant traffic and controlling quality and inventory management. On the other hand, tactical issues involve replacement of equipments and designing the structure and design of the plants and equipments. Operations management is very essential for any organization to keep things in flow. This helps an organization to achieve goals and objectives by satisfying clients and ...