PROJECT ACTIVITIES MODELING OF SUPPLY CHAIN STRATEGIES

Authors

DOI:

https://doi.org/10.20998/2413-3000.2024.8.8

Keywords:

strategy, life cycle, risks, project, supply chain, participants

Abstract

The work is devoted to the consideration of the information system components, which can be used for effective organization and This study is devoted to the reseach of supply chain strategies in project activities. Considered strategies for supply chains, through which better customer service will lead to increased supplies and reduced costs, will bring benefits to all supply chain stakeholders. An illustrative example of a long-term project in the supply chain is provided - the project of the ship acquisition. The ship's life cycle is specified from the standpoint of various participants involved in fleet renewal (replenishment) project. Analyzing each phase of the shipping company's life cycle, risks are examined for each phase of the life cycle, including strategic, economic, commercial, credit, informational, ecological. Alternative supply chain strategies are identified. Taking into account the main objectives of supply chain management, a hybrid strategy can be identified that uses both lean and flexible supply chains. When implementing such a strategy, it is possible to reduce the total order fulfillment time; ensure reliability, correct frequency of delivery, quality and flexibility of delivery; optimize inventory levels throughout the supply chain and minimize total costs. Phases of the life cycle of a supply chain management project are highlighted, as the relationships and obligations between various stakeholders require the construction of a flexible supply chain. Such a supply chain involves solving a series of tasks to meet the requirements of stakeholders and customers; before the project reaches the completion phase. The preparation and implementation of individual projects, taking into account the life cycle stage, are carried out based on the selection of supply chain development strategies.This need is realized with the help of formalized methods for selecting projects that most correspond to the company's development strategy and the stage of its life cycle. Depending on the goals of the management, the strategies for further development implemented through individual projects will be different. Based on what development strategy the company sets for itself, this will be the main list of projects that have the greatest value for the company. This research holds both theoretical and practical significance. Theoretically, it contributes to the development of the theory of supply chain management, project management, and strategic management, particularly in the domain of project planning and execution. Practically, it serves as a decision-making tool in the development and implementation of strategies through projects within the supply chain.

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Published

2024-06-23