Given that management needs to adjust to a dynamic and challenging global supply

Question

Given that management needs to adjust to a dynamic and challenging global supply chain environment, using projects to develop process changes, demonstrate the project management tools, methods and organizational structures to control these activities.

Describe the social and technical factors that are necessary for supply chain project success.

Explain the best type of project organizational structure for specific supply chain objectives.

Determine a comprehensive project plan while evaluating trade-offs, uncertainties, and risks.

Calculate both project costs and the critical path method. Determine how to use advanced methods to schedule and manage uncertainty in project planning.

Explanation / Answer

Supply chain management is a process which is used by companies to maximise the efficiency and to ensure the quality control.

The five basic components of supply chain are as follows.

1. Plan

2. Develop

3. Make

4. Deliver

5. Return.

1-Plan-

Planning is the first stage of a supply chain. A plan is developed for the actual need of the customer. For a profitable supply chain good planning is very essential. For proper resource management and customer satisfaction supply chains are developed to maintain high profits and correct delivery to the customers.

2-Develop-

Development is the second stage for the supply chain, How the source or the raw material supplier interacts with the company and provide a better service is ensured in this section. It also plans for shipping, delivery and payment. Developing relations with the suppliers is very important as raw material's quality should be constant.

3-Make-

In third stage product is manufactured , packed , shipped and delivered to the customer, This is a manufacturing step hence it plays a big role in the goals of a supply chain because if the production is slow or any part of the making reduces it speed it effects the whole system.

4-Deliver-

Delivery is the fourth part of the process in which the product is handed over to the logistics , The products are distributed with the help of warehouses and payments are collected via invoice system.

5-Return-

Return is the final part of the supply chain in which the customer can return the defective or faulty products and company can raise questions on the same..

Each of above components have their own significance in creating an effective supply chain. Main goals explained above should be strictly followed to ensure the quality and effectiveness of the chain.

Some tools for scheduling organisational project procedures are as follows.

Gantt chart

Schedule network analysis

Critical path method

Program evaluation and review technique

Schedule compression

Risk multipliers

Research Tools and techniques

• Gantt chart

This specific type of scheduling chart is horizontally plotted and each and every activity inside the project is shown in a form of a bar. Bar are prioritised depending on the specific task dependency as well as availability of resources. Bars can run in parallel or can be sequential. Bars plotted for the start of the date at the earliest. It provides a proper comparison to the plan when it was planned out.

• Schedule network analysis

Disc scheduling method is based on the graphical display which spans across the page creating a relationship with logic between each and every element of the specific work. It is done in a chronological order and goes from initial planning to the project completion. In this type of scheduling regular monitoring diagram is made to check the project's on track status.

• Critical path method

Critical path Method can be defined as a sequential string of activities which is responsible for taking longest time in a project for completion. The proper analysis of the dependency between two tasks in the sequence in a project or workflow can be analysed with critical path method technique.

Critical path method is usually determined by adding or all the specific time is given for each and every individual activities in which a specific project can be completed.

• Program evaluation and review technique

This is an advanced version of critical path method and differs from it while measuring the critical data. This specific technique allows better uncertainty and also obtained more samples as compared to the critical path method. The shortest time, longest time as well as most likely time is obtained for estimation of the critical time with the usage of the program evaluation and review technique.

• Schedule compression

With the help of crashing technique by using extra resources then it was usually plant for the task or job or tracking or adjusting the schedule for the specific mindfulness cost of the task dependencies are done in schedule compression. In this type of method more activities then the plant ones are done in the parallel time.

• Risk multipliers

Specific term is used to win a resource contingency for the specific jobs which are considered as a highly risky job inside a project management and provide support to the overall structure of the project.

• Research Tools and techniques

Levelling is one of the main technique which is used as a resource tool. By adjusting all the activities inside a project and to directly maintain and efficiently use the resources to obtain more critical activities. Just like the levelling, critical chain method is used to provide extra time do the project bye extending their start and end possible dates who's better resources. Resource histogram is a column chart that specifically tells about the resources which are used in a project over the time.

By using the above scheduling methodology as well as tools we can easily increase the level of implementation of different observational methods for the project or the organisational procedure. These specific tools provide extremely streamline structure for a project management scheduling. Efficiency and correctness of these specific tools are very good help the overall efficiency and productivity of the organisation is increased.

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