Organized Sector And The Unorganized Sector-Myassignmenthelp.Com

Question: Discuss About The Organized Sector And The Unorganized Sector? Answer: Introduction The seafood market in Australia is highly competitive market. This is one product that is little bit underperforming in the market (Denham Howieson, 2015). This product is chosen for discussion, as there is an increased global and local demand of prawns in the industry. The prawn business in Australia is divided between organized sector and unorganized sector. The players in the organized sector have big farms where they do prawn production in large scale. Then, there are small players who would have small areas for prawn production (Dentoni Klerkx, 2015). These are the players who will sell their products to mediators in the market. The supply chain of Australian prawns can be discussed as: Mapping of supply chain Australian prawns business The existing supply chain of prawns business is quite complex. The prawn production is a process for organizations with a lengthy supply chain. There are so many organizations in the marketplace that if players do not provide the quality, the client will shift their business to other organizations. It is important that organizations should have inbuilt quality in them that will make impossible for the users to make mistakes. Likewise, as there is increased focus on cost cutting and improving the margins, most of the organizations are focusing on identifying the waste in their projects and cutting down the wastage so as to improve the margins. There are number of stakeholders involved in the prawns production process (Dentoni Klerkx, 2015). One of the key stakeholders for organizations in this business is a supplier. The suppliers are fishermen who do fishing. The suppliers would sell the products to companies who are involved in export and trade business of prawns. The trade partner s would further sell the prawns to retail stores who will sell the product to end customers. The trade business partners would also have some business partners that would take prawns in bulk. These are the people or businesses with high consumption (Lamendin Miller, 2015). For example, hotels, restaurants, etc. The existing supply chain is agile in nature as the movement of product from one stakeholder to another is fast in nature. Evaluation of the current supply chain The current supply chain of prawns business in Australia appears to be strong. The only bottleneck or the weak point is that the product is a perishable product and the freshness has to be maintained. The supply chain partners use cold storage to preserve the freshness of the product. Another good thing about the existing supply chain is the use of Information Technology. Different stakeholders in the supply chain ensure that there are no gap or time delays due to manual intervention. The quantitative evaluation of the existing supply chain would suggest that the marketing supply chain could be rated as 8 out of 10. This rating is good and it is expected that the organizations would be able to further refine the existing supply chain to further increase the score. The evaluation of the existing supply could also be done with respect to the use of tools and Information Technology. It appears that there is a need to optimize the use of tools and technologies in the existing supply chai n. In this era of globalization, mobile or smart phone is a powerful tool that must be used for effective supply chain (Lim-Camacho Hobday, 2015). As a future vision, the organizations can have a mobile application that could be used to check the current status of prawns in the supply chain. The SWOT analysis of the current supply chain of Prawns business and the industry in general can be discussed as: SWOT Analysis STRENGTHS The product quality (Prawns quality) is unique High demand of the products WEAKNESSES The product is perishable product. Therefore, there is a chance of prawns not being used at the end of the day THREATS The threat from the competition is the biggest threat OPPORTUNITIES The opportunity in the international market The Supply chain figure of the prawns supply chain can be shown as: Supply chain figure The key recommendations on the basis of above SWOT analysis can be discussed as: One of the recommendations for organizations is to move towards the JIT (Just in Time) inventory management system (Basu, 2014). The focus on JIT would be a base for organizations to focus on total quality management techniques. It is also recommended that organizations should also have quality control policies in place for effective movement of products and information in the supply chain. Quality control helps the organization to implement these initiatives (Hidding Nicholas, 2017). Conclusions As per the PMBOK Guide, two quality improvement programs total quality management (TQM) and lean six-sigma must be used in every project to save the cost and achieve high quality at minimal cost by identifying and eliminating wastage.There is no point in providing very high quality if the organization is not able to meet its schedule or cost commitments. Thus, all the points should be considered while designing the appropriate quality policy. Also, in many cases organizations are having their own policy and in such scenarios, project quality policy should be aligned with their organizational quality policy. Recommendations It is recommended that the different stakeholders in the supply chain network should focus on various quality management tools and techniques. For supply chain networks, one such tool is Economic Order Quantity. This is a very popular technique that has been traditionally used in the supply chain management and inventory management. However, recently there are case studies that demonstrated its application in project quality management (Kim Kumar, 2012). In it statistical analysis of what if scenarios are used to determine the set or sequence of inputs that can give the best output. In project quality management, management can determine the sequence of activities that can minimize the cost and timeline of the overall project. It can also be used to define the project activities considering various constraints like few resources specialized in particular task are not available for some days. References Denham, F.C., Howieson, J.R., Solah, V.A. and Biswas, W.K., 2015. Environmental supply chain management in the seafood industry: past, present and future approaches.Journal of cleaner production,90, pp.82-90. Dentoni, D. and Klerkx, L., 2015. Co-managing public research in Australian fisheries through convergencedivergence processes.Marine Policy,60, pp.259-271. Lamendin, R., Miller, K. and Ward, R.D., 2015. Labelling accuracy in Tasmanian seafood: an investigation using DNA barcoding.Food Control,47, pp.436-443. Lim-Camacho, L., Hobday, A.J., Bustamante, R.H., Farmery, A., Fleming, A., Frusher, S., Green, B.S., Norman-Lpez, A., Pecl, G.T., Plagnyi, .E. and Schrobback, P., 2015. Facing the wave of change: stakeholder perspectives on climate adaptation for Australian seafood supply chains.Regional Environmental Change,15(4), pp.595-606. Basu, R. (2014). Managing quality in projects: An empirical study.International journal of project management,32(1), 178-187. Hidding, G. J., Nicholas, J. M. (2017). A new way of thinking about IT project management practices: Early empirical results.Journal of Organizational Computing and Electronic Commerce,27(1), 81-95. Kim, D. Y., Kumar, V., Kumar, U. (2012). Relationship between quality management practices and innovation.Journal of Operations Management,30(4), 295-315.