Supply Chain Management Assignment - Australian Steel Manufacturing Industry
Added on 2020-05-11
19 Pages4484 Words273 Views
SUPPLY CHAIN MANAGEMENT RESEARCH PROPOSAL 1Research Proposal: Supply Chain Risk Management in Australian Steel Manufacturing IndustryStudent’s NameCourse IDUniversityDate
SUPPLY CHAIN MANAGEMENT RESEARCH PROPOSAL 2Executive SummaryThe study proposal has been developed to identify how supply chain of modern businesses canbe vulnerable to risks. In this particular research study, Australian Steel Manufacturing Industryhas been selected as the sector to evaluate the importance of supply chain risk management tomitigate and control the issue. The primary purpose of the research proposal is to evaluate thedriving factors increasing the potential chances of the vulnerability of supply chain. In theprocess of explanation, the study will determine the methods and instruments to be utilised insupply chain risk management (SCRM) to eliminate the risk factors. The primary objective ofthe study is to identify the risks that are faced by the supply chain management of amanufacturing firm while conducting its operations. The findings of the paper will be helpful forthe field practitioners to increase their awareness regarding the supply chain system and the riskthat are faced by the management of different organisations in the Steel manufacturing industryof Australia. The study will help the readers to develop and implement better risk assessmentsystem and improve the efficiency and performance of the supply chain system.
SUPPLY CHAIN MANAGEMENT RESEARCH PROPOSAL 3Table of Contents1. Introduction..................................................................................................................................42. Literature Review........................................................................................................................43. Research Questions, Aim/Objective, and Sub-goals...................................................................64. Theoretical Content and Methodology........................................................................................85. Experimental Set-up..................................................................................................................106. Results, Outcome and Relevance..............................................................................................117. Project Planning and Gantt chart...............................................................................................138. Conclusion.................................................................................................................................16References......................................................................................................................................17
SUPPLY CHAIN MANAGEMENT RESEARCH PROPOSAL 41. IntroductionIn the contemporary business environment, supply chain management (SCM) has beenidentified as one of the most crucial aspects of business leading towards sustainability ofbusiness in the long-run (Cassivi, 2006). Effectively, a number of tactics such as globalisation,outsourcing, technological implications, and managing organisational resources, have taken intoaccount in SCM so that products or services offered by a firm can be introduced in theinternational market. In the meanwhile, the aforementioned strategies have made it certain thatproductivity, sustainability, and competitiveness of the SCM can be retained (Sodhi, 2014).Indifferently, supply change management can get complex and relatively uncertain duringimplementing the procedure. Due to the internationalisation of business, operations of the supplychain need to be operated from a number of geographical locations can create a higher degree ofrisks and catastrophe (Handfield and McCormack, 2008). In this particular research proposal, thetopic is supply chain risk management in the Australian Steel Manufacturing Industry and thesubsequent challenges in SCM of the industry. The proposal identifies rigorous reviews of previous literature benchmarking the bestpractices of the Australian Steel Manufacturing Industry. The proposal report also delivered aprimary research question and some secondary research questions to be countered in the researchfollowed by objectives and sub-goals of the study. Moreover, the proposal comprisesexperimental methodology on the basis of which the entire research will be undertaken.Furthermore, an experimental set-up leading to the most evident results and the outcome hasbeen clarified. Before completing the proposal, project planning including work packages andGantt chart of the project have been presented to review the milestones and crucial pointsrelevant to the project. 2. Literature ReviewIn the competitive business scenario, supply chain management system (SCM) can beconsidered as one of the most evident aspects leading to the sustainability of an industry.According to Reimann and Ketchen (2017), managing supply chain of an industry oversights theprocesses that involve suppliers, manufacturers, wholesalers, retailers, and customers. Precisely,
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