Theinstruction for Presentation
Slide-3-Organisation Profile
Slide4-Current logistics system and Future planned
Slide5-Integration of SCM,CRM and ERP
Slide6-SWOT analysis
Slide7 -Strategic Planning (Assignment-1)
Slide8 – Web enabled Supply chains (Assignment2)
Slide9-Implementation of Cloud Computing
Slide10-Conclusion and Your Suggestions of Implementations
The Black Board upload should be in the format attached.
Upload the file with the Filename –
ECOM 402-E-Supply Chain Management Presentation
Course: ECOM 402 | Student name: |
Academic Year: 1439-1440 | Students number: |
Semester: 2nd | student grade: (out of 5) |
Section: 21474 InstructorName: Signature Dr.Gokulkumari Govindasamy |
Level of the Mark: |
Presentation
Week-13
Presentation will conducted during the Week-12 for the PROJECT so that students gets enough time to complete their PROJECT work and present in a class before all the students.
At the time of PROJECT presentation , students are expected to be well prepared in terms of the contents and PPT slides . The PROJECT presentation has to be completed individually by each students, and should address Assignment 1 and Assignment 2 in their presentation.
Submission Instructions
As per the instructions of your professor.
Grading Criteria
PRESENTATION : 0 – 5.0 points
Language, Time Management, Contents , Reference
RUNNING HEAD: SUPPLY CHAIN 1
SUPPLY CHAIN 7
Application of ICT tools in Supply Chain Management
Student’s Name
Institutional Affiliation
Date
Role of Cloud computing, traceability, RFID and other ERP solutions in Supply Chain Management
Many companies of business have resorted to using ICT technologies in their supply chain management departments. This comes about due to the numerous advantages that result from incorporation of these technologies in supply chain management. Some of the ERP technologies incorporated include RFID, cloud computing and traceability technologies. These examples and their roles in Supply chain management have been explained below.
Cloud computing is the provision of services of computers over the internet rather than on normal hardware computers. These cloud services are offered by cloud computing service providers like Azure and Amazon Web service. Cloud computing creates the possibility of tracking products at all the different supply chain steps from manufacture up to retail. This way, it reduces losses due to loss of products. It is also possible to track and reroute shipments sent to wrong addresses during transport. Other advantages include but are not limited to one, ease of scalability. This comes in the sense that cloud network coverage is worldwide and its usage in supply chain management presents opportunity for growth. Because it is an automated process, there are also advantages of flexibility and efficiency (Clervi, 2015).
Radio Frequency Identification is the usage of machines that capture data encoded on its smart labels. This is achieved through a reader which transmits the captured digital data via radio waves. This technology has enormous advantages in various subsections of supply chain management. In inventory management, RFID technology eases the processes of monitoring, controlling, storage and usage of materials. The technology has the ability to read through items thus speeding up the general process of inventory management while at the same time reducing the number of human errors made during the process (Mansuri, 2020).
In warehouse management, RFID technology and other ERP software used are automated to receive and distribute products for shipment. They also increase the processes of identification of products and their validation on reception and distribution. This issues a greater control of the storage warehouse management. In the retail sector, the ERP tools ease inventory management by showing exactly which products are available and which ones are out of stock. This is achieved through unique identification codes for each item.
Response of the Industry towards the use of ICT and ERP tools
The incorporation of ICT usage in supply chain management departments of various industries has been positively received. This can be attributed to the various advantages that come with incorporating these systems in a company. Some of these positive advantages that ERP has conferred on various companies are explained in the subsequent paragraphs.
Implementation of ICT usage by different organizations has given the companies a competitive advantage over their counterparts who have not implemented ICT usage in their supply chain management systems. Why is this so? The use of ERP tools like E-procurement have enabled the companies using this software to cut down significantly on the time required to carry out negotiations, fill out paperwork before eventually securing tenders. This creates a better working environment for these companies therefore giving them a competitive advantage.
Secondly, automated inventory, warehouse and retail management processes have been found out to increase productivity. This comes about because the workers in these departments have an ample time to focus on other activities to make more profit for the industry because all the processes that required their constant attention have been made easier.
Accurate forecasting has been enabled by the fact that there is reduction of human errors. The automated processes of warehouse management and inventory management have by a large percentage reduced calculation errors and other human related errors. This gives the company an advantage in forecasting and predicting future thus easy time in strategic thinking and risk management processes (Wedell, 2019).
Finally, the incorporation of ERP tools like cloud computing have enabled the ease of scalability for companies. Since there is a wider range of market being accessed and with the efficiency and reliability of automated processes, it is easy for the company to upscale its resources to reach wider markets.
Effectiveness of E-procurement and E-auction software to industries
Electronic procurement software in businesses and organizations is the use of automated systems that act as human intermediates in the electronic evaluation of markets and products, electronic sourcing of the best providers of the products of services, electronic designing of the systems to acquire the product or service and the electronic negotiations to secure the product or service for its respective company. E-procurement has numerous advantages including but not limited to the following.
E-procurement reduces the cost required to carry out the normal procurement process. The costs are cut in the avoidance of negotiation process, balancing and writing of tenders and market evaluation. Secondly, it increases the transparency of spending, through its online records, it is easier to access the expenditure and costs incurred during the process of tender acquisition and procurement. This eases the compliance to policies and authorities.
It also increases productivity. Since most of the work is done by the software system, much of the paperwork including letters and written proposals are done away with. This leaves ample time for the procurement officers to focus on activities that would lead to increased profit for their companies. Finally, E-procurement leads to the reduction in transaction fees. Since most of the activities performed are automated, the amount of transaction costs required to run the procurement process is cut down thus a cost-effective system.
E-auction systems in business environment refers to those software used by companies in the acquisition of products or services required by the internal staff of the company (Patel, 2018). This is a purely automated process that sources for the product or service, analyzes its best seller and finally recommends it for buying. It has numerous benefits as explained in the subsequent paragraphs.
To begin with, it reduces the cost of purchasing. This is because it cuts down on the amount of resources dumped in searching for and analyzing the market to find the right business to purchase the product or service from. Further, it points out and sends recommendations to purchase the product giving alternatives for the same. This cuts down significantly on expenditure of the company.
Two, there is increased market efficiency with the use of E-auction. This comes about because of the fact that the software analyzes market of the product that the company is supposed to secure. It does this by analyzing the ratings of the product by different customers and also reviews on the number of clients who have purchased that same product in the market. This way, the product that is finally bought by the company is the best in terms of quality thus efficient market. Finally, the whole process of auction done electronically by the software eases the procurement process since there is elimination of written proposals and requisitions. The process is also made faster and more efficient.
Analysis of Business and Processes
The usability modelling of ICT in business has proven to be an efficient and effective in increasing marginal profits and achievement of business goals. Finding the optimal solution for a company in terms of which software to use depends ultimately on the business goals. Since different businesses have different goals, the software to be chosen is one which aligns with the particular business goal and will help in achieving it. In terms of cost and schedule analysis, the usability modelling has been found to efficiently reduce the amount of resources spent in business processes including auctioning and securing of tenders. This is because most of the automated processes don’t require tedious activities. The automation of the processes has also cut down on the time used ( Srinivasan, 2018).
Website enabled supply chain processes have been also enabled by ICT. Procurement systems have proven effective in reduction of costs and time required to complete the processes while also increasing productivity of the business. Web enabled order tracking systems have been used in the retail stage to enable invoice management to know what products are available and which ones are out of stock. Warehouse management systems have increased inventory management efficiency and reliability by reducing human errors. Finally, customer relationship management has been increased tremendously by the use of software that allow reviews and ratings of the products thus ideas for improvement of the products.
References
Clervi A. (2015). Cloud Computing Is Transforming Supply Chain Management. supply and demand chain. Retrieved from
https://www.sdcexec.com/sourcing-
procurement/article/12125647/cloud-computing-is-transforming-supply-chain- management
Mansuri S. (2020) Complete guide on RFID and its applications in supply chain management and logistics. Peerbits. Retrieved from
https://www.peerbits.com/blog/rfid-applications-
in-supply-chain-management-and-logistics.html
Patel R. (2018) E-Auction : Benefits and Best Practices in Procurement. Linkedin. Retrieved from
https://www.linkedin.com/pulse/e-auction-benefits-best-practices-procurement-
ruhi-patel
Srinivasan M. (2016) ROLE OF ERP IN SUPPLY CHAIN MANAGEMENT. Linkedin. Retrieved from
https://www.linkedin.com/pulse/role-erp-supply-chain-management-mohanapriya-
srinivasan
Wedell W. (2019) Benefits of ERP: 15 Advantages of ERP Software. workwise. Retrieved from https://www.workwisellc.com/blog/15-benefits-implementing-erp-software/
ECOM
402-E-Supply Chain Management
Assignment -1
Course: ECOM 402 |
Student name: Mariyyah Rhbini |
Academic Year: 1440-41 Students number : s160148624 |
|
Semester: 2nd Student grade : (out of 5) |
|
Section: 21474 Level of the Mark: InstructorName: Signature Dr.Gokulkumari Govindasamy |
Assignment-1
Assignment Uploading Date: End of Week-4
Submission Date by students: End of WEEK- 7
Purpose
To assess your understanding for E- Supply Chain / E Logistic Management in an organization of your choice or the startup business of yours.
Action Items:
Create or choose any business organization of your choice and describe the organization according to the below:
1. To create a new company or find a suitable company, to be located in the Kingdom of Saudi Arabia, which include the followings:
a. Give an introduction about the company as well business unit.
b. Mention the kind of product(s) as well as services.
c. Write down Company statement.
d. Vision and Mission of the company
2. Understanding the concepts of SCM and logistics in a broader framework
3. Introduce the concepts of E-supply logistics and E-SCM, collaboration, and Integration, which demonstrates effective use of ICT.
4. To apply a SWOT analysis to your business.
5. Also analyze your business and process as per below points:
Here students are advised to discuss at least 2 points mentioned from both the categories (Strategic Planning (SP) and Operational Optimization (OO) or as per the requirements.
Strategic Planning (SP)
a) Location of Supply Chain Facilities
b) Supply Chain Configuration
c) Procurement Planning
d) Distribution Facilities Planning
e) Logistics Planning
Operational Optimization (OO)
a) Supply Chain Inventory Optimization
b) Logistics Resources Scheduling
Note:
1. Each students will have one Project.
2. Each question should be highlighted separately and mark those question in BOLD, Else marks would be deducted.
3. Project will be based on the implementation of the e-supply chain and logistics in real world.
4. Project will require summarizing, demonstrating, and the use and potential values of SCM and LOGISTICS for an organization.
5. The Due date for the this assignment is Week-7.
6. Students can also make business plan to introduce the concepts, Tools and Technologies for any particular business from KSA market.
7. The word count for this assignment must be between 1200 – 1500 words.
Submission Instructions
Post your response in the Black-Board per your professor’s instructions.
Grading Criteria 0 – 5 points
Grading Rubric:
Criteria |
A (10.0) Outstanding |
B (6.0) Proficient |
C (4.0) Basic |
D/F (0) Below Expectations |
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Critical Thinking |
· Rich in content · Full of thought, insight, and analysis |
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Substantial information Thought, insight, and analysis has taken place |
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Generally competent Information is thin and commonplace |
Rudimentary and superficial No analysis or insight is displayed |
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Connections |
Clear connections To previous or current |
New ideas or connections Lack depth and/or detail |
Limited, if any connections Vague generalities |
No connections are made Off topic |
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To real-life situations |
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Uniqueness |
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New ideas New connections Made with depth and detail |
New ideas or connections Lack depth and/or detail |
Few, if any new ideas or connections Rehash or summarize other postings |
No new ideas “I agree with…” statement |
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Timeliness |
All required postings Early in discussion Throughout the discussion |
All required postings
Some not in time for others to read and respond |
All required postings Most at the last minute without allowing for response time |
Some, or all, required postings missing |
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Stylistics |
Few grammatical or stylistic errors |
Several grammatical or stylistic errors |
Obvious grammatical or stylistic errors Errors interfere with content |
Obvious grammatical or stylistic errors
Makes understanding impossible |
Answer
Q1 Create or choose any business organization of your choice and describe the organization according to the below:
6. To create a new company or find a suitable company, to be located in the Kingdom of Saudi Arabia, which include the followings:
e. Give an introduction about the company as well business unit.
f. Mention the kind of product(s) as well as services.
g. Write down Company statement.
h. Vision and Mission of the company
Answer:
Royal Footwear Business is an enterprise located in the kingdom of Saudi Arabia. The company started due to the high demand of trendy and classy footwear in the country. The company is three years old in the business and doing tremendously well in terms of sales and also brand popularization. The business is focused in developing a bigger brand in selling and distribution of variety of men footwear in the country. The shoe industry is a multibillion dollar industry and it is growing in a fast rate. The shoe industry is the business unit of interest and Royal Footwear Business focuses on men’s footwear because more men are in the Kingdom of Saudi Arabia than women. Royal business focuses on selling and distributing footwear to clients who orders online and also those visiting the store/mall. The Royal company statement is “Dedicated in offering quality and variety men footwear in an efficient manner”. The company mission is “To provide high-quality, trendy and affordable men’s footwear that surpasses consumer needs”. The vision of Royal Footwear Company is “To become the Country’s best and affordable footwear business”.
Q2
2. Understanding the concepts of SCM and logistics in a broader framework
Answer:
Logistics is considered a component/sub-process of the Supply chain management (SCM). Logistics, transportation, inventory control, material handling and procurement contribute to supply chain management (Sutono, 2019). The Royal Footwear business invested in a well managed supply chain management. The success of supply chain relies on the professionals in the field that play their similar roles by cooperating with other supply chain teammates to execute the following processes flawlessly planning, procurement, distribution and customer interface. The Royal business supply chain management is focused on customer interface where the demand process involving planning on engaging customers, need satisfaction and also delivering orders on time. The Royal business has segmented the customers based on their service needs because the business operates in a physical store and also online platform. The online customers order for shoes which are then delivered through third party logistics firm that delivers in a fast and efficient manner. There are minor complains from the footwear customers concerning the case of third logistics distributor but the organization is looking forward to obtain a customized logistics network promoting quality services and gain profits from a specific customer group. It is important for every organization to listen to the market signal and ensure there is an alignment in demand planning across supply chain to ensure resource allocation and consistent forecast is achieved (Sutono, 2019). Royal footwear has a convenient logistics network that promotes the movement of goods outside the organization in terms of orders (shoes) and incoming stock for sale.
Q3
3. Introduce the concepts of E-supply logistics and E-SCM, collaboration, and Integration, which demonstrates effective use of ICT.
Answer:
The introduction of e-SCM in Royal Footwear Company created a massive transformation especially on matters of efficiency and speed in delivery of shoes. The ideal situation of electronic supply chain management comes with speed, efficiency, customer satisfaction and agility (Joshi, 2015). The technology of e-SCM played a key role in making the Royal business competitive by incorporating dispersed targeted markets by using the latest advance information technology promoting integration. E-SCM in Royal business promoted efficient supply of ordered footwear and also receive the stock from the suppliers. The technology created culture change and also management policies of the organization. Since e-SCM targets on collaborating technology to enhance business-to-business processes, Royal Footwear succeeded in working together to a third party logistics firm that helps in distribution. The advantage of the e-SCM is easily managed since information technology promotes network supply chain where different business conduct information sharing and knowledge within a specific timeframe. The application e-supply chain in Royal Company helps in supplying of ordered shoes to customers by synchronizing with virtual enterprise planning that aims in the integration and coordination of the supply chain operations (Joshi, 2015). The internet-enabled technologies contributed a lot in making supply chain integration practically efficient and feasible.
Q
4. apply a SWOT analysis to your business.
Answer:
SWOT analysis is a technique used by organizations in assessing strength, weaknesses, opportunities and threats of the business. Royal Footwear Company has several strengths that make it in a steady business progress and also have weaknesses encountered in the general market (Markgraf, 2019). The strengths associated with Royal business are that it targeted the right customers by focusing on men’s footwear due to the high population of men in Saudi Arabia. Selecting the right customers was the best idea that contributed to the success of Royal business in a competitive market. The second strength is the adoption of online store business where customers order for shoes online and specify the location for delivery purposes. The weaknesses experienced in the business include the supply chain management in place that posed a challenge during implementation because the company relies on a third party logistics firm creating delays in delivery. The best way the organization is planning to solve the problem is through developing its own logistics firm to ensure delivery is done efficiently and management of supply improved. The Royal company also have opportunities in place after the introduction of e-SCM that makes business processes efficient and expanding the scope and target more potential customers. One of the threats that the organization might face is the development of several online businesses dealing with footwear creating a direct competition with Royal footwear business (Markgraf, 2019).
Q5
5. Also analyze your business and process as per below points:
Here students are advised to discuss at least 2 points mentioned from both the categories (Strategic Planning (SP) and Operational Optimization (OO) or as per the requirements.
Strategic Planning (SP)
a. Location of Supply Chain Facilities
b. Supply Chain Configuration
c. Procurement Planning
d. Distribution Facilities Planning
e. Logistics Planning
Operational Optimization (OO)
c) Supply Chain Inventory Optimization
d) Logistics Resources Scheduling
Answer:
Strategic Planning (SP)
c) Procurement planning
Royal business has an effective procurement plan in place that ensures that all the requirements are identified especially customer orders and the stock required to ensure they are provided on the given timeframe. The procurement planning process helps the organization to ensure the goods required by customers are there on time and also delivered according to the specified time of delivery.
e) Logistics Planning
Royal company relies on logistics planning for efficient delivery of goods to the customers. Since the Royal footwear partnered with logistics company coordination and follow-up is necessary to ensure the shoes are delivered. The process of follow-up and ensuring the transport system in place is contributed by logistics planning.
Organizational Optimization (OO)
a) Supply Chain Inventory Optimization
Royal Footwear firm considered so many options under the inventory optimization by comparing different options including having its own vehicles to offer logistics solutions but after the analysis the best choice was to have a third party logistics firm take the responsibility (Turbide, 2018). The third party logistics was the cheapest means among the list in the inventory for optimization. The organization also considered several options of platforms to use for marketing purposes. Social media platforms like Facebook have many potential customers and it is also cheaper contributing to Royal Company making profits.
b) Logistics Resource Scheduling
Logistics resource scheduling involves the problems that emerge when transportation is incorporated with other resources including jobs in a single framework schedule. Royal faced challenges in combining the business process and supply chain in a single management framework because the logistics sector had delays in delivery.
References
Turbide, D. (2018). Inventory Optimization in the Supply Chain. Retrieved from:
https://blogs.3ds.com/delmia/inventory-optimization-in-the-supply-chain/
.
Markgraf, B. (2019). Application of a SWOT Analysis. Retrieved from:
https://smallbusiness.chron.com/application-swot-analysis-62085.html
.
Joshi, S. (2015). E-Supply Chain Collaboration and Integration. E-Logistics And E-Supply Chain Management, 9-26. doi: 10.4018/978-1-4666-3914-0.ch002.
Sutono, A. (2019). Supply chain management: implementation issues and research opportunities in tourism industry. Uncertain Supply Chain Management, 427-438. doi: 10.5267/j.uscm.2018.12.004.