(Solution) CIPS Module 3 Risk of Increased Costs

Solution 7HR03 Strategic reward management Question 1 (AC 1.4) Critically evaluate the effectiveness of the organisation’s reward strategy recommending how

This project aim was evaluation of introduction of 3D printing in the spare parts supply chain in ADNOC in UAE. The importance of working on this report is guided by view that ADNOC is working to embrace automation of their supply chain particularly in the category of spare parts sourcing. Hence, for a successful sourcing, investments in 3D printing is identified as core for success in their operations. This is since 3D printing and other forms of automation are increasingly being adopted in different organisations supply chains locally in UAE and internationally. For the importance of investing in 3D printing, the findings of this report evidence the required results to entail;

• ADNOC success owing to remodelling of PS&M strategy, confident and capacity of spare parts sourcing, talent management and staff competency
• Improved relations with entire stakeholders (as explained in stakeholders matrix) improving overall organisation operations. 3-D printing would be an improvement from the current iSourcing hence success in technical and commercial-based evaluation
• Enhance an improvement and robust system and policy development to manage any potential gap in PS&M transformation
• Today, lower than 10% of ADNOC PS&M would be aligned to implementation of 3D printing and other modernisation strategies appropriate for the organisation
• Ensure development of new systems and policies which are appropriate for enhancing the current and future implementation of 3D printing and more modernised systems as a progress of their modernisation

The data which has been sourced in this report is through the application of quantitative (surveys) and qualitative (interviews). These findings have been appropriately supported through the application of desk and secondary research for ADNOC and their external environment. The analysis of these findings has been pursued by use of different tools and techniques as supported by CIPS module notes. From the findings and conclusions obtained in this report, various recommendations can be provided for management of the identified gaps. These include;

• There is a necessity for successfully adopting 3D printing starting with their spare parts sourcing
• By collaborating with UAE government which owns 70% of the ADNOC shares, more revenues would be provided for the organisation successful operations.
• ADNOC engaging all the stakeholders holistically by understanding their interests and expectations
• There is a need to collaborate with government in UAE and other regulators for the sake of improving the suppliers relations
• By collaborating with institutions, they would successfully offer employees learning opportunities
• Adoption of strategic sourcing as part of ADNOC sourcing of 3D printing in spare parts sourcing

 

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