I need 2 critiques in regard to each of the essays below fitting the following reqs:
- What did you learn from your classmate’s posting?
- What additional questions do you have after reading the posting?
- What clarification do you need regarding the posting?
- What differences or similarities do you see between your posting and other classmates’ postings?
120 words min in each 1-3 paragraphs per essay
In today’s business world the meaning of Logistics is a planning process along with the implementation of an efficient and effective accountability system of materials, inventory, finished goods and services. This term is also used in the flow of materials from one storage location to the customer. This is one of the most important aspects of a successful business. Without a quality logistics program, customers will not buy products when they have no idea if it will arrive or even be available for purchase (Chron, 2014).
The term Logistics has many different meanings that a business uses to achieve day-to-day operations. For example in the Aerospace world logistics starts with Acquisition step. This is where the company either buys or sells product from a customer. Once this step is taken the logistics process is watched very carefully from cradle to grave. To be successful in this process the company must have a reliable data management system in place that can track the acquisition cycle. These data systems are made in house or supplied for by the customers. Once the item is received the employees must follow there company policies that have been set forth and take action to track these items until they have been given to the customer. In the aerospace world we have not only company polices and procedure but we also must ensure we follow the FAR 45. The FAR 45 is the guild line’s that have been set in place by our customer on how we will do business. With the customer setting these rules, it has given us a blueprint of the process the way the customer wants it. This allows us to be successful with customer satisfaction and yearly audits (Logistics World, 2009).
Having the proper logistics program that tracks and manages products from cradle to grave is a must in any business in order to be successful. There are many different ways to accomplish this you just need to find the correct one that fits your business needs. Many people do not know how important the logistics process is and how it affects the company’s bottom line. In a perfect world everybody knows these processes and knows all the different ways it needs to be done.
Logistics, what does it mean? We hear this word a lot and some of you may know the meaning and some may not. Just give your own definition of the word there will be no right or wrong answer. Some may say to move a product from one department to another; another may say a planning process and so on. Simple question good answers. Logistics can be a bit complicate, but we will get into that later.
Logistics mean you plan and implement the process of a product from start to finish. Like raw materials that is stored in the warehouse. You will physical move and store inbound material and outbound finished goods. Another way we can look at logistic is to contrast it with materials management function of supply chain management. Material management it includes some of the things that logistics does such as purchasing, procurement, in-factory scheduling and so much more(MUSE, 2010). These operations are all need to make a business successful. If there is no planning or implementing a product or storing it properly then the business will lose profit. Remember we are here to profit. So in today’s business world logistic means to be technology savvy. These days everything is done on the computer, iPad, or cell phone. We know longer have to go and move things manually. Just push a button and it is done. Having knowledge of the software needed to move, schedule, and track vendors are powerful tools to have. You can even use them to model an ideal plant or distribution center.
It has become increasingly important for business success, because all business want to have a competitive edge on the other businesses. In order to do so like I stated earlier, you must be knowledgeable of the computer/internet. You can get the customers want they want in an efficient and timely manner. You also want to build a good consumer relationship, even though logistic let you get the consumer there product in a timely manner; you still want to provide good quality services that they will tell others about. Another reason it is important, because you want to make sure you have enough raw materials to finish a product. Having everything you need to move the product will maximize customer’s satisfaction. The last thing is to be organized, you must make sure every product is tracked, transported, stored, and manufactured properly. Controlling this flow so that each department knows what to do and what is expected will help to ensure that the business’s plans and goals stay on track (Hawthorne, 2014).