Week 1 - Assignment

.docx

School

University Of Arizona *

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Course

633

Subject

Business

Date

May 30, 2024

Type

docx

Pages

8

Uploaded by MegaDragon6282

Project Charter Development Alina Zargaryan The University of Arizona Global Campus BUS 633: Project & Operations Management Dr. Jon Webber March 4, 2024
Introduction International Logistics Services (ILS) is focusing on expanding globally, and as part of this effort, they have acquired a warehouse and truck fleet in the Czech Republic. ILS is working on a project to improve the operational efficiency of its newly acquired warehouse and transportation facility in the Czech Republic. This project strives to bring the facility to ILS's rigorous corporate standards while also reflecting the company's dedication to the triple bottom line philosophy, which emphasizes profit, people, and the planet. One of the company's key goals is to secure Walmart as a customer in their latest market. Regrettably, the warehouse's previous owner left numerous issues for ILS. The project aims to enhance the facility's operational standards, resulting in substantial annual net benefits and attracting business from important clients such as Walmart operations in the Czech Republic. Scope and Limitations This project aims to improve the operational efficiency of the recently acquired warehouse and transportation facility by International Logistics Services (ILS) to align it with ILS's corporate identity and standards. "A project requires an organized and planned effort with a level of detail that is progressively elaborated when more information is discovered" (Kloppenbeorg et al., 2023, p. 4). Important areas to focus on include enhancing warehouse organization, upgrading equipment to lower maintenance costs and fuel usage, providing formal employee training, and creating documented procedures. The project must adhere to a budget limit of $100,000 and a strict timeline, necessitating completion by the end of Year Zero. ILS aims to reach an operational standard that justifies the $400,000 investment and enables the facility to generate a net benefit of $150,000 annually for the first five years. The project paves
the way for ILS to attract business from Walmart and other customers, capitalizing on the facility's enhanced operational efficiency and alignment with ILS's values and mission. Business Case International Logistics Services (ILS) strategically acquired a warehousing and transportation provider in the Czech Republic to extend its global operations. Revitalizing this facility is essential to aligning it with ILS's high standards of employee welfare and environmental sustainability. One must prioritize value related to achieving a desired result, meeting a need, or fulfilling a business case (Kloppenbeorg et al., 2023). The quote highlights the importance of ensuring that actions and decisions align with the fundamental goals and values that lead to success and fulfillment in business and project pursuits. Corporate Strategy ILS can effectively implement its corporate strategy in the Czech Republic by utilizing its proficiency in inventory management and last-mile delivery services, all while staying true to its core values of profit, people, and the planet. “The triple bottom line pushes corporations to assess financial viability and environmental and social implications, perhaps reevaluating profitable activities based on their ecological and social costs” (CSR and The Triple Bottom Line, 2019). ILS can enhance its market position in the Czech Republic by building strong connections with local companies and grasping regional market trends. By combining internal operational excellence with external market integration, ILS will enhance its standards and effectively execute its corporate strategy in the Czech Republic, paving the way for future global expansions.
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