Formulate an answer to the following question(s) and submit to the instructor: Refer to Table 9.1-Discuss...

  

  
 

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Formulate an answer to the following question(s) and submit to the instructor: Refer to Table 9.1-Discuss what you think is the most important step in the Supply Chain Project Life Cycle Why? Discuss thoroughly Table 9.1. Steps in Supply Chain Project Life Cycle Stages in the Project Life Cycle 1. Define the project. 2. Develop the solutions. Description Define the project, its goals, and objectives. Review current supply chain strategy and understand the new project's relationship to that strategy. This would also include an analysis of the potential time-phased benefits to the supply chain and its costs. Establish project team and management structure (that is. team leaders, coordinators). Determine and allocate needed resources to accomplish proposed project. This would include a feasibility study to determine the likelihood of the project's success and concept development to make sure the project was initially a sound idea. Define, document, and communicate the scope of project to limit expectations to the feasible. Concep- tualize possible solutions or ideas to achieve project goals and objectives. This will include designing pos sible solutions to the problems being studied. It also details the supply chain processes, organization, and systems impacted by the solution. Plan a business release and rollout period for implementation. This 2. Develop the solutions. 3. Refine the solution details. Define, document, and communicate the scope of project to limit expectations to the feasible. Concep- tualize possible solutions or ideas to achieve project goals and objectives. This will include designing pos- sible solutions to the problems being studied. It also details the supply chain processes, organization, and systems impacted by the solution. Plan a business release and rollout period for implementation. This step can also involve some prototyping to test the feasibility of developed solutions. Add detail to step 2, such as specific dates, costs, personnel needed, and so on. Define the implemen- tation team members and organization. This is an exercise in change management (that is, a process where changes to a project are formally introduced and approved, consisting of an approach of shifting or transitioning individuals, teams, and organiza- tions while helping change stakeholders to accept and embrace changes in their business environment. This step also involves training efforts to condition everyone to new processes or behaviors needed to implement the planned changes. This step may also involve building and testing of proposed policies, procedures, processes, or products. 9. Building an Agile and Flexible Supply Chain 4. Deploy the solution. procedures, processes, or products. Establish and monitor project performance during the project by establishing milestones (points over time where specific actions or tasks are required to be completed). Develop and implement the pro- posed solution based on the previous steps. Obtain necessary approvals from stakeholders, establish a schedule for deployment, and budget needed re- sources. This will usually require a resource require- ments planning effort to know what will be required as well as determining the risks involved in the proj- ect in an effort to minimize them. The milestones can also be used as the basis for metrics on project performance. 5. Follow up and end the Evaluate the project (that is, beginning expectations project. verses final outcomes is undertaken). Depending on the length of time for the project, follow-up may end once the project solution is deployed. In other proj- ects, monitoring the progress or lack of progress is a part of the project effort. In either case, the project will have an end time, and once that is reached, it is formally ended. Formulate an answer to the following question(s) and submit to the instructor: Refer to Table 9.1-Discuss what you think is the most important step in the Supply Chain Project Life Cycle Why? Discuss thoroughly Table 9.1. Steps in Supply Chain Project Life Cycle Stages in the Project Life Cycle 1. Define the project. 2. Develop the solutions. Description Define the project, its goals, and objectives. Review current supply chain strategy and understand the new project's relationship to that strategy. This would also include an analysis of the potential time-phased benefits to the supply chain and its costs. Establish project team and management structure (that is. team leaders, coordinators). Determine and allocate needed resources to accomplish proposed project. This would include a feasibility study to determine the likelihood of the project's success and concept development to make sure the project was initially a sound idea. Define, document, and communicate the scope of project to limit expectations to the feasible. Concep- tualize possible solutions or ideas to achieve project goals and objectives. This will include designing pos sible solutions to the problems being studied. It also details the supply chain processes, organization, and systems impacted by the solution. Plan a business release and rollout period for implementation. This 2. Develop the solutions. 3. Refine the solution details. Define, document, and communicate the scope of project to limit expectations to the feasible. Concep- tualize possible solutions or ideas to achieve project goals and objectives. This will include designing pos- sible solutions to the problems being studied. It also details the supply chain processes, organization, and systems impacted by the solution. Plan a business release and rollout period for implementation. This step can also involve some prototyping to test the feasibility of developed solutions. Add detail to step 2, such as specific dates, costs, personnel needed, and so on. Define the implemen- tation team members and organization. This is an exercise in change management (that is, a process where changes to a project are formally introduced and approved, consisting of an approach of shifting or transitioning individuals, teams, and organiza- tions while helping change stakeholders to accept and embrace changes in their business environment. This step also involves training efforts to condition everyone to new processes or behaviors needed to implement the planned changes. This step may also involve building and testing of proposed policies, procedures, processes, or products. 9. Building an Agile and Flexible Supply Chain 4. Deploy the solution. procedures, processes, or products. Establish and monitor project performance during the project by establishing milestones (points over time where specific actions or tasks are required to be completed). Develop and implement the pro- posed solution based on the previous steps. Obtain necessary approvals from stakeholders, establish a schedule for deployment, and budget needed re- sources. This will usually require a resource require- ments planning effort to know what will be required as well as determining the risks involved in the proj- ect in an effort to minimize them. The milestones can also be used as the basis for metrics on project performance. 5. Follow up and end the Evaluate the project (that is, beginning expectations project. verses final outcomes is undertaken). Depending on the length of time for the project, follow-up may end once the project solution is deployed. In other proj- ects, monitoring the progress or lack of progress is a part of the project effort. In either case, the project will have an end time, and once that is reached, it is formally ended.

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