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Technological Advancement Integration in the Supply Chain Management Paper
I have included the assignment from week 5 in regards to the comments from the instructor so you will you have to hit the button and you will be able to see the comments. I will also need a total of 30 sources, if possible, to support the evidences.
This assignment is an important next step in enabling you to build a collection of targeted resources for advancing the development of a project justification document due in Week 9.
Starting in Week 6 you began the process of initially collecting and evaluating a total of 30 practitioner and scholarly articles to show why your project is worthwhile. This week you will complete this first phase of literature collection and analysis by submitting a Capstone Literature (CL) template. You will complete both Tab 1 and Tab 2 in the template.
In Tab 1, provide the following information for each article:
On Row 1 enter a brief description of your project.
Each accepted article from your search should be compiled in the CL template on Rows 2 through 31. For each article, add this information in the following columns of the template:
APA Citation: Insert the citation for the article.
Type: Indicate whether the article is practitioner (P) or scholarly (S).
C, D, E: For each article, enter the following information into one or more of the following columns:
- Evidence to Support the Existence of a Problem:Highlight current evidence to support the nature and extent of the problem. Evidence can be in the form of narrative from current literature or current statistics.
- Evidence to Support the Gap in Practice: Describe either what is known relative to the problem driving the need for a project or what is not yet known, or both.
- Evidence to Support the Project Need:Describe how you might use the article findings to justify the need for the project.
In Tab 2, self-evaluate the completeness of Tab 1 based upon the criteria listed in Row 1: (a) Balance of scholar and practitioner articles; (b) Currency of articles; (c) Details of individual article summaries;
(d) Across the full array of articles: (1) Quality of evidence to support the existence of a problem; (2) Quality of evidence to support a gap in practice; (3) Quality of evidence to demonstrate the need for a project.
DB 8015 Capstone Project:
Problem Definition and Project Selection Template
| Learner name and Specialisation | Stanley Thompson Jr.
Global Operation and Supply Chain Management |
Stanley,
I provided comments below for the project you selected (Section 1) and the justification of the project (Section 3).
Engaging with me in your workroom to address my comments is critical for your progression. Based upon my comments below, I would like to see you do the following:
- Refine the description of your project. Exactly what is the intent of the project? What is the gap in practice? How will your project address the gap in practice? Fill in this blank for me in your workroom: For this project, I will _____________________________.
- I did not see cited support or hard data to evidence the existence of a problem. You were missing the minimum number of references for this assignment. Remember, Evidence of the Problem is a column in the Capstone Literature Matrix you will be preparing for Week 8 and including in your Week 9 problem statement. Start sharing evidence with me as to the adversity of the problem.
- Please see my comments related to the formatting of your references. Point allocations for correctly formatting references steepen in the last two assignments.
Dr. Sherman
| Section 1: Project 1 | |
| 1.1 Describe the project of interest. | The project of my interest is how technological advancement can be integrated in then supply chain management so that the efficiency of the supply chain processes can be increased. Comment by Dr. Kenneth C. Sherman:
Here, I see a broad topic. I do not see a description of the project. Mirror the example shown at this week’s Live Session. For this project, I will ____________________. |
| 1.2 Identify the problem driving the need for a project. | This problem of keeping up to date information on various operations in supply chain management has become a big problem for many companies especially the ones operating globally.
For instance, the problem of invoice management is giving many companies lose a lot of revenues since many invoices could be easily accounted for or traced in the system. With automation this problem is likely to decrease since many operations like invoice management will be done electronically improving the speed and efficiency in organizing the invoices. |
| 1.3 How does the problem arise? Whom does the problem affect? (Provide three sources of cited support) | This particular problem of invoice management arises due to back log of unverified invoices and delay in the manual process of invoicing. The analogue way of invoicing takes a relatively longer period to complete and also consumes time (McAdam, & McCormack, 2001).
In addition, this problem affects the management of the company and its employees alike since the revenues likely to be collected from this process is very little (Tseng, Wu, & Nguyen, 2011). Also, the company’s clients are likely to be affected as they will not be receiving quality services within the recommended timeline. |
| 1.4 Provide five examples (cited) evidencing that a problem exists. | Company clients finding it difficult to make payment to the company. Comment by Dr. Kenneth C. Sherman: Missing cited support. I do not see hard data to suggest the adversity associated with each of these statements. Revise in the weeks ahead.
Having poor service description in the invoices which end up confusing the clients more. Omission of key information or details in the invoice description. Failure in setting the date in which the invoice is likely to be due. Putting on hold or postponing the latest payment alerts to clients or not having reminders at all. |
| Section 2: Project 2 | |
| 2.1 Describe the project of interest. | Logistics which is part of the supply chain management is very key therefore reduction in supply chain complexity would help in improving efficiency of operation in businesses. |
| 2.2 Identify the problem driving the need for a project. | Too many activities which are incorporated in the supply chain process makes this like clearing and forwarding take relatively longer period than recommended. And this leads to reduction in operational efficiency and reliability of the supply chain. |
| 2.3 How does the problem arise? Whom does the problem affect? (Provide three sources of cited support) | The problem arises due to having so many activities along a supply chain creating so many procedures leading to delay in the overall service (McAdam, & McCormack, 2001). This problem affects company management, suppliers, consumers and even economy of a country at large (Tseng, Wu, & Nguyen, 2011). |
| 2.4 Provide five examples (cited) evidencing that a problem exists. | Long queues of clearing and forwarding.
Delay in the service delivery beyond its recommended timeline. Lack of smooth flow of products from point of production to the point of consumption (McAdam, & McCormack, 2001). Complains from both clients and suppliers of unnecessary delay in delivery of goods and services |
| Section 3: Project Selection | |
| 2.1 Identify the criteria you considered for project selection. | One of the criteria I would use in selecting this project is through considering the present and future value of this investment or project should it be made. |
| 2.2 Identify the project selected. | Integration of technology in invoice management in supply chain by automation. Comment by Dr. Kenneth C. Sherman: See comment in Section 1. |
| 2.3 Describe the rationale for your project selection. | The rationale behind this project selection is that as technology evolve so will be the management principles in supply chain management.
And those business that shall not have incorporated these technologies like automation of invoicing will find it hard to survive in the competitive customer-oriented market driven by efficiency in the service provision. |
| 2.4 Describe your understanding of why such a project can be considered manageable and feasible (collect data over a 10-week timeframe). | This project is very manageable and feasible as the technologies used in automation of invoices like the ERP systems are in existence (Tseng, Wu, & Nguyen, 2011).
And since efficiency in service delivery been what determines the survival of many businesses nowadays then integration of invoice automation through ERP systems is likely to make the project feasible. Comment by Dr. Kenneth C. Sherman: I would like to hear from you as to the type of data to be collected and from whom you will collect the data. How will the data inform the gap in practice? |
| 2.5 Review the instructions for the Week 8 and 9 assignments. What is your work plan for the weeks ahead? Give consideration to tasks and time allocation. | Task timeline Comment by Dr. Kenneth C. Sherman: What you state here does not align with the specific assignments.
I suggest you review the assignment templates and review the Live Session recording in which these assignments were explained. Criteria for project identification Day 1 Rationale for the project selection Day 2 Description of project understanding Day 3 |
References Comment by Dr. Kenneth C. Sherman: Lacking the minimum number of references required.
McAdam, R., & McCormack, D. (2001). Integrating business processes for global alignment and supply chain management. Business Process Management Journal. Comment by Dr. Kenneth C. Sherman: Missing volume, issue, page #s
Tseng, M. L., Wu, K. J., & Nguyen, T. T. (2011). Information technology in supply chain management: a case study. Procedia-Social and Behavioral Sciences, 25, 257-272.
