(Mt) – Management Essay

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View attached explanation and answer. Let me know if you have any questions.• Students are advised to make their work clear and well presented, marks may bereduced for poor presentation. This includes filling your information on the cover page.• Students must mention question number clearly in their answer.• Late submission will NOT be accepted.• Avoid plagiarism, the work should be in your own words, copying from students orother resources without proper referencing will result in ZERO marks. No exceptions.• All answered must be typed using Times New Roman (size 12, double-spaced) font.No pictures containing text will be accepted and will be considered plagiarism).• Submissions without this cover page will NOT be accepted.Logistics ManagementASSIGNMENT -3Submission Date by students: Before the end of Week- 13thPlace of Submission: Students Grade CentreWeight:10 MarksLearning Outcome:1. Illustrate the concepts of logistic system operations used in logistic systems, time-basedmanagement, and lean thinking.2. Interpret the use advanced theory and methods to identify inefficiencies in supply chains3. Demonstrate ability to work with others effectively as a team member in logistic managementprojects, related to case studies or new themesAssignment Workload:This assignment is an individual assignment.Critical ThinkingThe purpose of this assignment is to identify and apply Logistics and Supply Chain Managementconcepts/tools to suggest logistics performance priorities. To this purpose, you should review chapter7 of textbook as well as secondary available information on internet.The Toyota Production System (TPS) is an integrated socio-technical system, developed byToyota, which comprises its management philosophy and practices. The TPS organizesmanufacturing and logistics for the automobile manufacturer, including interaction withsuppliers and customers. The system is a major precursor of the more generic “LeanManufacturing”. Originally called “just-in-time production”, it builds on the approach createdby the founder of Toyota.Using this concept of Lean Thinking and JIT you should answer the following questions bytaking any Saudi Manufacturing company.Question:1. Why Companies adopted Lean Thinking and JIT model? (3 Marks)2. Discuss major types of Waste, companies must keep in mind during production. (3 Marks)3. Assess the reasons for using lean thinking. What are the benefits from Suppliers to end users?(3 Marks)4. References (1 Marks)The Answer must follow the outline points below:•Lean Thinking and JIT Concept•Their Main functions•Any local example•Reasons with suitable Examples•Reference•Every Answer should be 400 to 500 range of words in length…

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