Monday, June 15, 2020
Inventory And Supply Chain Management - 825 Words
Inventory And Supply Chain Management (Case Study Sample) Content: Inventory And Supply Chain ManagementStudents Name:Institution: Introduction;Operations management is a particular place in management or area that deal with production processes such as controlling designing and overseeing. Vinlogistic is a program developed by Insight Network Logistics that has been used over six years it is a chain simulation tool that helps operation managers to make strategic decisions.This program module is going hand in hand with living inventory data from Vinlogistic tool. That helps to harness performance and network operations behavior since it mainly deals with supplying patterns of finished vehicles. This model is designed to help operations managers forecast requirements accurately. According to Richards, G. (2013).When pre-planning for a supply chain in the vehicle distribution network used by VinLogic is to take place, they provide 6-8 weeks volume outlooks to prevent network delays. This data automatically goes to the service provi ders and terminals in the network.Another paramount step in chain supply is strategic forecasting, this helps the logistics engineers to study any changes in the delivery system, and it helps engineers to thing far in the years to come. Network bottled neck analysis comes from strategic and tactical planning that enable contingency planning in case a network fails to go smooth as used in INL.Planning and resource allocation is one method used to satisfy volume surges during transport especially where adjustments need to adjust while dealing with resources. While dealing with a case of a natural calamity, such as a hurricane or a Tsunami. An expected incident in a network will undoubtedly occur. vinLogic had designed a way that that supports the normalization of a system by contingency and crisis planning.There is usually a chain of information from clients, suppliers and third parties that include logistics and distribution centers. Everything is customizable meaning the details are changeable. For example, when transporting cargo from one destination to another and the way the flow of ships is not pleasing in a port, one can alter the courses used in transportation to make the chains flow faster. As stated by Yan, Sethi, (2005).A high graphic interphase usually does this observation of data flow, and that can plan a schedule giving a relevant database of information of the entities being transported. For example INTalmis, which is a company that uses this method due to their demand. If the business is not able to supply a certain quantity to meet customer satisfaction, the company goes down.SCM Globe has an advan...
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