Why do you need project management in Supply Chain?

If you want to successfully manage change within a business, then project management principles are vital. It is commonplace to find both improvement and strategic initiatives. This is particularly true when it comes to the supply chain function. Take a look at the activities that form a part of many organizations’ improvement programs; they might include:

• The option to outsource key abilities such as manufacture or assembly
• Moving over to a global supply chain rather than a local one
• Rationalization of suppliers
• Arranging corporate deals
• Programmes of cost reduction
• Programmes of lead time reductions
• Rationalization of inventory
• Deployment of technology

A complex co-ordination of resources is required for these activities in order to deliver an objective that is defined in a particular timescale. The appropriate skills and techniques, together with experience of the supply chain, are required for a successful outcome.