Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

You work for Centervale Apparel, a large clothing manufacturing firm. Centervale Apparel has budgeted $9.7 million for new technology initiatives in the coming year but the project requests currently in the queue for next year total about $15 million.

Your boss, the executive director of operations, has asked you to put together a proposal for this project to replace legacy order fulfillment technologies by implementing a supply chain management (SCM) system.

Your boss wants to ensure this project will be prioritized over other projects on the list and will be implemented in the coming year. Use the following data to prepare a proposal using a balanced scorecard approach to demonstrate the project's value to Centervale Apparel.

Here is your brief:

Business Problem: The order fulfillment team has been using several legacy technology systems to manage inventory and distribution. The current systems do not work together, requiring redundant information input and processing.

Because of the redundant processes, work is duplicated requiring multiple data entry points and sometimes results in inaccurate and irreconcilable data.

There is a constant overage or shortage of supply due to the time it takes for data to get from one point to another. This causes unhappy customers and inventory carrying costs that could be avoided.

Project Description: Replace legacy order fulfillment technologies by implementing a SCM system.

Project Cost: The project will cost approximately $1.2 million including infrastructure and resources to complete the implementation and $250,000 annually to support and maintain the new system with a ten-year lifecycle for the system.

Project Benefit: It is estimated that the implementation of a supply chain management system will improve the order fulfillment processing time and reduce inventory-carrying costs. Implementing the SCM system will also enable the retirement of several legacy systems. Estimated annual cost savings are:

• Data entry staff reduced from 10 FTE to 8 FTE = $100,000/yr savings

• Reduction in inventory carrying costs = $300,000/yr savings

• Improved order fulfillment = 10-20% decrease in order to delivery time. This will improve customer satisfaction and retention

• Improved data accuracy

• Legacy system maintenance retirement savings = $100,000/yr

Using the information that details the primary business goals for the coming year, you will need to demonstrate how implementing the SCM system will help achieve the business objectives.

Note: Customers are retail companies who order from this clothing manufacturer. Assume a ten-year lifecycle for the SCM system.

Using online library resources, research methods of developing proposals by applying the balanced scorecard approach. Select two scholarly resources for use in this assignment. You will use these resources to justify your recommendations.

The proposal should include the following:

• Describe the measureable value. This should include a cost-benefit analysis, such as payback period or ROI that relies on tangible measures of organizational value through cost savings, revenue enhancements, or improvements in the speed, quality, or efficiency of key processes that help achieve competitive advantage (note the difference between tangible and intangible measures in this proposal).

• Evaluate and choose alternatives. Make sure to identify any alternatives to the project implementation and provide a justification for each.

• Complete a risk assessment of all risks associated with implementing the project using an enterprise risk management (ERM) model.

• Describe total cost of ownership and include descriptions of implementation project and ongoing maintenance costs.

• Explain the benefits of the project, which include tangible and intangible benefits.

• Fully justify a recommendation with a compelling proposal that aligns to the business goals.

Write a 6-8-page paper in Word format. Apply APA standards to citation of sources.

References for the attached articles (PLEASE NOTE THAT YOU STILL NEED MORE REFERENCES THAN THE 3 ARTICLES ATTACHED) -

Article 1 -

• De Hertogh, S., Viaene, S., & Dedene, G. (2011). Governing Web 2.0. Communications of the ACM, 54(3), 124-130. doi:10.1145/1897852.1897882.

Article 2 -

• Kapoor, B. (2010). Business intelligence and its use for human resource management. The Journal of Human Resource and Adult Learning, 6(2), 21-30.

Article 3 -

• Lucas, H. C. Jr., & Goh, J. M. (2009). Disruptive technology: How Kodak missed the digital photography revolution.The Journal of Strategic Information Systems, 18(1), 46-55.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92872167
  • Price:- $50

Priced at Now at $50, Verified Solution

Have any Question?


Related Questions in Operation Management

Case study crocs revolutionizing an industrys supply chain

Case Study Crocs: Revolutionizing an Industry's Supply Chain Model for Competitive Advantage Read the attached case study and answer the following questions: 1. What are Croc's core competencies? what are their advantage ...

1 how to make hard decisions around scarcity in our every

1. How to make hard decisions around scarcity in our every everyday life or thw work place? 2. Discuss the potential advantages and disadvantages of using a group to make decisions. Give examples from your experience, an ...

Organizations are collecting and storing more data with mre

Organizations are collecting and storing more data with mre detail all the time. In the recent past, we have seen data security breaches at Target, Home Depot, the Federal Government, and Anthem Blue Cross Blue Shield. O ...

Question write a letter addressing the board for a fine of

Question : Write a letter addressing the Board for a fine of 1000$. This is a association that is charging the homeowners 1000$ fine for a roof that was supposed to be clean. The issue is that according to the associatio ...

1 why do many managers say that job analysis is a colossal

1. Why do many managers say that job analysis is a colossal waste of their time and the time of their employees? 2. A new information security challenge for businesses is the use of personal phones by employees. What are ...

A firm has 200 units of a product in inventory the

A firm has 200 units of a product in inventory. The forecasts of the demands are 40 units per week. An MPS quantity of 50 units is planned to arrive in period 2. Customer orders are 40 for period 1, 10 for period 2, and ...

A local pastry shop sells a whipped-cream layer cake it

A local pastry shop sells a whipped-cream layer cake. It costs $10 to prepare each cake and fresh cakes sell for $20. The demand for the cakes can be approximated by a Normal distribution with mean = 10 and standard devi ...

1 explain three functions of management accounting

1. Explain three functions of management accounting. Compliance, Control, and Competitive Support. Give examples (about 150 words). 2. What does your strategic group map of the in-vehicle entertainment industry look like ...

Please i need a complete answer for each point of the

Please I need a complete answer for each point of the following : 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 o ...

A summarize what is the occupational safety and health act

A. Summarize: What is the Occupational Safety and Health Act of 1970 (OSHA) and how does it operate? B. Briefly explain: What are the OSHA responsibilities and rights of employers and employees? C. List and explain each: ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As