Sunday, December 8, 2019

Managing Projects and Supply Chain Management

Question: Discuss about theManaging Projects and Supply Chain Management. Answer: Introduction The evolution of the supply chain management particularly in the clothing line of business has been to grow in terms of the technology implementation in the various facets of the distribution of the product. The outgoing and the incoming inventory have been managed with RFID tags. This has enabled the auto updating of the inventories and preventing the errors in the manual counting of the inventories. The effectiveness of the organization in the implementation of the project management tools has been seen in terms of the application of Critical path method (CPM). The sequencing of the task has helped making decision related to operations management (Brandon-Jones et al., 2016). The main challenges are seen in form of the misalignment in the objectives of the business. The unrealized value of the business is often regarded key challenge in the in implementation of the project management techniques. The management of the global project related to the supply chain management should apply to the several types techniques which will be able to serve the planning the activities. This should be done based on the sequence of the activities and the cost involved in the implementation of the same. The two peer reviewed journal, which has been selected for the study has been done with the study of the industries such as Walmart and Starbucks coffee. Walmart has implement several project management techniques in the past, some these has been to be associated to the RFID technology in the clothing products. In the latter case, the use of project management tools has been used to connect the stores with each other (Ren et al., 2014) The key form of the project management tools used by the business leaders has been seen in terms of the application of tools such as project scheduling. These techniques are seen with the techniques such as Programme Evaluation and Review Technique (PERT), Gantt charts and Critical Path Method (CPM). The relation of the aforementioned techniques has been useful in the sequence of the various types of the supply chain techniques such as the inventorying of the materials (Azambuja et al., 2014). The different type of the application of the tools has assisted in Just in time inventory and various types of the other connection, which are related to the concept of lean supply chain management, associated to the production of the materials (Fredendall Hill, 2016). Competence in the supply chain plays an important role in the formulation of the various types of the techniques is associated mapping of the supply chain activates. The sustainability in the supply, chain can be brought by developing a competency team, which will be able to provide the service, which can reduce the lead-time (Porananond Thawesaengskulthai, 2014). The sustainability in terms o the supply chain activities can be further brought by the implementation other concepts, which are associated to the application of green supply chain technology. This will be able to reduce the carbon footprint and ensure better sustainability (Zacharia et al., 2014). The company is intended to provide an innovation range of both mens and womens garment. The main strategy development of the organization has been identified in form of sourcing of the suppliers who are known to provide the best price in the raw materials of Garments (Berg Karlsen, 2013). Reference List Azambuja, M.M., Ponticelli, S. OBrien, W.J (2014) Strategic procurement practices for the industrial supply chain, Journal of Construction Engineering Management, 140 (7), p. 1-4. Berg, M.E. Karlsen, J.T. (2013) Managing stress in projects using coaching leadership tools, Engineering Management Journal, 25 (4), pp. 52-61. Brandon-Jones, A., Slack, N., Chambers, S., Johnston, R., Lysons, K., Farringhton, B., ... Ritzman, L. (2016).Operations Management. Pearson Education Limited. Fredendall, L. D., Hill, E. (2016).Basics of supply chain management. CRC Press. Johnson, P. F. (2014).Purchasing and supply management. McGraw-Hill Higher Education. Porananond, D. Thawesaengskulthai, N. (2014) Risk management for new product development projects in food industry, Journal of Engineering, Project Production Management, 4 (2), pp. 99-113. Ren, Y., Yeo, K.T. Ren, Y. (2014) Risk management capability maturity and performance of complex product and system (CoPS) projects with an Asian perspective, Journal of Engineering, Project Production Management, 4 (2), pp. 81-98. Zacharia, Z. G., Sanders, N. R., Fugate, B. S. (2014). Evolving functional perspectives within supply chain management.Journal of Supply Chain Management,50(1), 73-88.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.