We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Project Management - planning, conduct, administering, and closing supply chains [sap5] - Essay Example

Comments (0) Cite this document
Summary
Project Management: Supply Chain Issues Name: Tutor: Course: Date: Planning Supply chain management (SCM) encompasses Supply chain planning (SCP) which is an element endowed with forecasting of future needs to balance demand and supply. SCM involves planning, implementation and shipping (Tyndall, 2004)…
Download full paperFile format: .doc, available for editing
Polish This Essay96.8% of users find it useful
Project Management - planning, conduct, administering, and closing supply chains [sap5]
Read TextPreview

Extract of sample
"Project Management - planning, conduct, administering, and closing supply chains [sap5]"

Download file to see previous pages There are companies that successfully manage internal aspects of their supply chain plan. However, external issues create a greater problem, specifically for small businesses (Kouvelis, Chambers and Wang, 2006). Small firms have smaller network of suppliers by building relationships and increasing efficiency hence lowering risk. Ordinarily, certain industries experience higher supply chain risks. For instance, pharmaceutical and food companies have strong foundation and understanding of strategy for safeguarding against supply chain problems and interruptions. Effective strategies on supply chain management improve aspects of business like operations and customer service. Code of Conduct Responsibility for people and the environment affects supply chain operations. The role of supply chain includes verifying compliance, making demands, and creating long-term relationships with suppliers (Tyndall, 2004). Moreover, it has to support efforts for sustainable improvements. Code of Conduct forms the fundamentals of efforts for improving work environment and working conditions for manufactured products. The code comprises demands pertaining environmental impacts and human rights targeting operations, suppliers and manufacturers. The Code of conduct requirements are derived from the Rights of the Child and the UN Declaration on Human Rights. All manufacturers and suppliers should ratify the Code of Conduct so as to be part of the supply chain. The responsibility of Suppliers is in ensuring that their own manufacturers and suppliers adhere to the Code (Kouvelis, Chambers and Wang, 2006). Manufacturers and Suppliers who cannot or will not sign the Code or live up to organizational needs may not be allowed business. The Code requirements include prohibition of child or forced labour, non discrimination based on personal characteristics or beliefs. Workplace health and safety should be prioritized alongside safe and correct handling of waste and hazardous substances. Ultimately, the working conditions must be acceptable. Administering Supply Chain Administering supply chain requires performance of cost-to-serve analysis and regular demand. Fundamentals of segmentation are based on profitability of customers, products and demand dynamics. This analysis gives the required information meant to tailor supply chain policies and service concessions meant to raise the overall profitability of the portfolio. The change in the dynamics of demand and profitability in today's quickly changing business landscape has institutionalized a standard cadence. In the recent past, demand has been regarded as a single requirement to reactions of supply chain. Today, demand signals emanates from forecasts, orders, and safety stock coming from different channels such as Web, retail, enterprise and distributors (Kouvelis, Chambers and Wang, 2006). Furthermore, demand signals originate from different customer types where large, highly profitably customers are compared to small, unprofitable customers. Besides, diverse customers have different fulfilling relationships depending on the service needed, the customer volume and profitability, and customer support channels. One of the problems facing supply chain managers is the dynamics of supply chain cost structures. There is a greater fluctuation on fuel costs, labor costs, and currency exchange rates for low-cost countries. Profitable sourcing strategies will change to ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Project Management - planning, conduct, administering, and closing Essay”, n.d.)
Project Management - planning, conduct, administering, and closing Essay. Retrieved from https://studentshare.org/management/1467024-project-management-planning-conduct-administering
(Project Management - Planning, Conduct, Administering, and Closing Essay)
Project Management - Planning, Conduct, Administering, and Closing Essay. https://studentshare.org/management/1467024-project-management-planning-conduct-administering.
“Project Management - Planning, Conduct, Administering, and Closing Essay”, n.d. https://studentshare.org/management/1467024-project-management-planning-conduct-administering.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Supply Chains
Environmental observance requirements and the global competition are forcing a need for maintenance in the supply sequence. The Green Supply chain is now an opportunity for increased innovation, profits and efficiency. Companies are using a lot of power and resources to modify their supply chains and make them friendlier to the environment.
6 Pages(1500 words)Essay
Innovation in management services in supply chains(SCM)
According to Sheehan (2006), innovation has become a vital component of every firm. The only way of surviving in the tough and competitive environment is to provide the customers with excellent range of products and services that have premium quality so that the commodity trap can be avoided (Chesbrough, 2011) and the satisfaction level of customers can be enhanced at a higher level (Fantazy, Kumar, & Kumar, 2010).
8 Pages(2000 words)Essay
Supply Chain Management and Aggregate Planning
No doubt, supply chain management is the mixture of art and science that goes into improving the ways in which corporation finds raw materials it needs to make a product or service, manufactures that product or service and deliver it to the purchaser. The five basic mechanism of supply chain management are:
3 Pages(750 words)Essay
Project Management: Planning & Design
This has fostered in over design and undue emphasis on investment. The planning process has been centralized as a result of the concentration on the derivation of economic rates of return. This has led to the decline of interest of the locals in the project design.
7 Pages(1750 words)Essay
International Supply Chains
A finished product may be defined as a completed product which has undergone all stages of production, and which is 'bottled' or packaged, sealed and labelled as required for registration purposes. (Source:http://www.apvma.gov.au/qa/mls_glossary.shtml) Logistics is defined as the process of planning, implementing and controlling the efficient and cost-effective flow and storage of raw materials, in-process inventory, finished goods and related information from the point of origin to the point of consumption, for the purpose of conforming to customer requirements.
12 Pages(3000 words)Essay
Project Management - Quality Planning
This is achieved by the preparation of numerous essential documents and papers that document the quality policies to be adopted on the project, the project quality management and improvement plan and the project quality checklists. In fact, the quality planning process
3 Pages(750 words)Essay
Project closing
The presentation quality will determine the success or failure in achieving the desired objective, whether it is selling a product or selling
1 Pages(250 words)Essay
Project Management - Teams, Leadership, & Negotiation [sap5]
Initiating a process ensures that teams finish their work, learn, and document lessons so that work can be accepted by customers. These include formulation and sustenance of a workable scheme, where organizations needs are addressed. A number of plans
1 Pages(250 words)Essay
Unit3 - Individual Project - Project starting, Planning, Executing and Closing
Hence communication is vital between the heads of department and other sales personnel as it is the only way to transmit information regarding the job
3 Pages(750 words)Essay
Operations Management and Supply Chains
With the application of lean system of production, inventory is not a factor that can cause delays in the production process. One way of lowering the inventory is through making proper arrangements to
3 Pages(750 words)Essay
Let us find you another Essay on topic Project Management - planning, conduct, administering, and closing supply chains [sap5] for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us