\nYou 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.
\nHere is your brief:
\nBusiness 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.
\nProject Description: Replace legacy order fulfillment technologies by implementing a SCM system.
\nProject 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.
\nProject Benefit: It is estimated that the implementation of a supply CHAINmanagement 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:
\nData entry staff reduced from 10 FTE to 8 FTE = $100,000\/yr savings
\nReduction in inventory carrying costs = $300,000\/yr savings
\nImproved order fulfillment = 10?20% decrease in order to delivery time. This will improve customer satisfaction and retention
\nImproved data accuracy
\nLegacy system maintenance retirement savings = $100,000\/yr
\nUsing 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.
\nNote: Customers are retail companies who order from this CLOTHING manufacturer. Assume a ten-year lifecycle for the SCM system.
\nUsing the module readings and the Argosy University 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.
\nThe proposal should include the following:
\nDescribe 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).
\nEvaluate and choose alternatives. Make sure to identify any alternatives to the project implementation and provide a justification for each.
\nComplete a risk assessment of all risks associated with implementing the project using an enterprise risk management (ERM) model.
\nDescribe total cost of ownership and include descriptions of implementation project and ongoing maintenance costs.
\nExplain the benefits of the project, which include tangible and intangible benefits.
\nFully justify a recommendation with a compelling proposal that aligns to the business goals.
\nWrite a 6?8-page paper in Word format. Apply APA standards to citation of sources. Use the following file naming convention: LastnameFirstInitial_M3_A2.doc.
\nBy Wednesday, February 1, 2017, deliver your assignment to the M3: Assignment 2 Dropbox.
\nAssignment 2 Grading Criteria\t
\nMaximum Points
\nDescribed the measurable value. This included 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 a competitive advantage.\t
\n28
\nEvaluated and chose alternatives. Made sure to identify any alternatives to the project implementation and provide a justification for each.\t
\n28
\nCompleted a risk assessment of all risks associated with implementing the project using an enterprise risk management (ERM) model.\t
\n32
\nDescribed total cost of ownership and include a description of the implementation project and ongoing maintenance costs.\t
\n28
\nExplained the benefits of the project, which include tangible and intangible benefits.\t
\n32
\nFully justified a recommendation with a compelling proposal that aligns to the business goals.\t
\n32
\nEnsured academic writing, such as grammar, spelling, and attribution of sources, is appropriate.\t
\n20
\nTotal:\t
\n200<\/p>\n
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