Thursday, April 25, 2019

OPERATIONS AND LOGISTICS MANAGEMENT Assignment Example | Topics and Well Written Essays - 2750 words

trading trading operations AND LOGISTICS MANAGEMENT - Assignment ExampleThe various elements of its (Tescos) corporate strategy, and their bearing on the numerous aspects of the organisations vast enterprise, will be analysed, with a view to determining the nature of the relationship.An attempt will similarly be made to identify/evaluate possible areas of improvement in the organisations operations management in addition, the ways in which Tescos operations add value to the language of its products/ go will be explained.Corporate Strategy is essentially the long-term direction of an organisation. As a world-wide mogul in the retail business, Tesco has a long-term business strategy of (a) succeeding as an supranational retailer, (b) being as strong in food as in no-food business, (c) development of its retail services, (d) reaping of its core UK business, (e) putting the community at the heart of its activities.In line with its organisational strategy of success as an internati onal retailer, Tesco has imbibed a Facilities culture that reflects this aspiration. Ideally, organisational business activities should integrate the needs of people (customers and staff), machinery and material to provide a smoothly-functioning system. Tescos introduction of Tesco Link, giving its suppliers access to in-store sales and stock availability data, exemplifies this concept (the logistical underpinnings of a smooth flow of materials/goods from the suppliers through Tesco to the consumers, are self-explanatory). This is further enhanced by the Capacity management efforts of Tesco, whereby it utilises an online delivery system to replenish its stores thrice daily, to achieve (in addition to meeting customer needs and the activity-level needs of staff) shorter lead-time in the supply chain and lower inventories (Case Studies From Tesco HSC, 2010). This, the source further notes, has helped the organisation achieve improved product availability and a boost in its labour pr oductivity. There is a connection in the context of obvious benefits to

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