(Solution) CIPS ADNOC APGCM innovative measures to improve the supply chain
New User Gifts
First Order Deal get Ksh 200 Off.
Payment Methods:
Description
Based on your previous answers assess innovative measuresto improve the supply chain (when
thinking about categories and category management)
Solution
Digital Transformation and Advanced Technologies
ADNOC which is a leading energy company is embracing digital transformation to revolutionize its supply chain management (see the following illustration);
Figure 11:ADNOC Modernisation of operations
Source: ADNOC Internal documents
A major innovation being undertaken is the adoption of blockchain technology to enhance transparency and traceability across the supply chain. Blockchain provides a secure and immutable ledger of transactions ensuring data integrity, reducing fraud, and improving compliance with regulatory standards (Smith, 2023). The Internet Of Things (IoT) is being integrated into the supply chain to provide real-time monitoring and data collection. IoT devices and sensors track the condition and location of goods, monitor equipment performance, and provide maintenance alerts thereby improving operational efficiency, reducing downtime, and ensuring the timely delivery of materials.
Strategic Supplier Relationships and Collaboration
ADNOC is also strengthening its supply chain by enhancing strategic supplier relationships and enhancing collaboration through the implementation of supplier collaboration platforms that allow for real-time information sharing, joint problem-solving, and innovation. Through the development of closer relationships with key suppliers, ADNOC can drive innovation improve service levels, and respond more swiftly to market changes (Smith, 2023). These programs include training, technical support, and capacity-building initiatives, enabling suppliers to meet higher standards and contribute more effectively to the supply chain.
Sustainability and Ethical Sourcing
ADNOC is adopting green procurement practices from suppliers who adhere to environmental and social standards, using eco-friendly materials, and reducing the carbon footprint of its supply chain (Smith,2023). By focusing on sustainability, ADNOC meets regulatory requirements and enhances its corporate reputation thereby appealing to socially conscious investors. Ensuring that suppliers comply with ethical practices and fair-trade practices is a priority. This involves conducting regular supplier audits, enforcing strict codes of conduct, and promoting fair labor practices.
Advanced Risk Management
To ensure supply chain resilience, ADNOC is implementing advanced risk management tools including risk management tools that leverage analytics to identify and mitigate potential risks in the supply chain (Smith,2023). These tools analyze data on geopolitical events, economic shifts, and natural disasters providing early warnings and recommending mitigation strategies. Proactive risk management ensures that ADNOC’s supply chain can withstand disruptions and maintain continuity.
Please click the following icon to access this assessment in full
Related Papers
(Solution) CIPS Commercial Management in Procurement and Supply Assessment
(Solution) CIPD Explain the relationship between reward and performance. (AC5.2)
(Solution) CIPS Module 3 Risk of Extension of Time
(Solution) (AC4.1) Assess suitable types of contractual arrangements dependent on specific workforce need
Solution Permanent, full-time contracts Permanent, full-time contracts for delivery drivers offer both benefits and drawbacks, making their suitability dependent on ParcelCare’s operational needs and goals. Pros Permanent, full-time contracts provide job security and consistent income for delivery drivers, enhancing employee satisfaction and loyalty. This stability can lead to higher motivation and productivity, reducing turnover rates and the associated costs of recruitment and training as evidenced by Personio (2023). Full-time contracts also facilitate better workforce planning, ensuring ParcelCare has reliable staffing to meet delivery demands. Cons However, these contracts can be less flexible and more costly for the company. Full-time employees typically require benefits such as health insurance, paid leave, and retirement plans, increasing operational expenses. Additionally, the rigidity of permanent contracts may not align with fluctuating delivery volumes, leading to inefficiencies during low-demand periods. Suitability For ParcelCare, full-time contracts can be suitable if delivery volumes are consistently high, ensuring a stable workforce. However, a mixed model that includes part-time or flexible contracts might offer the necessary flexibility to adapt to changing demands while controlling costs. Part-Time Contracts Part-time contracts offer flexibility for delivery drivers, allowing them to balance work with other commitments. Drivers benefit from a stable income, albeit at reduced hours, while ParcelCare can adjust staffing levels according to demand. A significant advantage of part-time contracts is reduced costs associated with employee benefits, as part-time workers may not qualify for full benefits packages (Abogados, 2019). However, part-time drivers may lack the same commitment or availability as full-time employees, potentially impacting reliability and consistency. Zero-Hours Contracts Zero-hours contracts provide maximum flexibility, allowing ParcelCare to scale staffing up or down based on delivery demand without a fixed commitment to provide hours (CIPD, 2023c). For drivers, these contracts offer freedom to accept or decline work, appealing to those seeking flexibility. However, they also result in income uncertainty and lack of guaranteed hours, which can be challenging for drivers seeking stability. For ParcelCare, zero-hours contracts minimise costs during low-demand periods but may lead to difficulties in maintaining a loyal and consistent workforce due to potential driver dissatisfaction. Part-time contracts are most suitable for ParcelCare’s delivery drivers. They offer a stable income and consistent work schedule, which can enhance job satisfaction and reliability while allowing ParcelCare to adjust staffing levels as needed. This balance supports both operational needs and employee stability. Please click the following icon to access this assessment in full
(Solution) CIPD 7C001 Assess in what major ways a retreat from globalisation would affect employment markets in your country
- A thorough examination of globalisation and included several ways that a retreat would affect employment markets in Saudi Arabia, good work.
- Explicit around your person stand on whether globalisation has peaked.
- 2 ways and covered in more depth and with greater analysis and assessment.
- Referencing is detailed in this answer and a greater quantity, greater variety in terms of sources, types and authors.