MGT201A Project Management Assessment
Project B
Nestlé Joins Forces with Alibaba to Make Supply Chain in China More Sustainable: The project is to deliver this objective for Nestle and Alibaba in China
Executive Summary
Alibaba’s strategic partnership with Nestlé venturing into the supply chain transformation in China focuses on increasing brand recognition, lessening environmental impact, and responding to consumers evolving preferences for sustainable products. The report is aimed at understanding the financial position of the company. ROI is an indicator that a business can grow its existing market share through nature-friendly practices. For actors involved in the project, stipulated norms, project organization, challenges, and constraints aim to realize this goal by focusing on the reduction of these parameters and alsomaintaining a friendly environment, and strong brand loyalty and yet at the same time deal with the potential resistance or even regulatory barriers from stakeholders. Through listing the output and milestones of the project the action plan is indicated clearly. Moreover, the way the partnership with Cainiao Network and technology would help in achieving the objective of supply chains is shown in the detailed action plan.
Introduction
The partnership between Nestle and Alibaba for Sustainable Development in the Chinese Supply Chain will be one of the most important steps in the history of sustainable environmental policy and ultimately in line with the venture vision. Among these partnerships, Nestle and Alibaba are seeking to engage the suppliers long-term by fostering a better control mechanism and initiatingcomprehensive changes in their supply chains.
1.Strategic and Financial Factors
Examining the financial and strategic selection criteria would be necessary if the initiative seeking Nestlé and Alibaba's collaboration to improve the sustainability of Chinese supply chains were to be pursued. About its business values and long-term objectives, Nestlé must strategically assess this collaboration. In addition to satisfying customer demand, corporations are increasingly taking corporate social responsibility and environmental activism into account when implementing sustainable practices (Reefke& Sundaram, 2018). Therefore, Nestlé will view the project as a calculated move to enhance brand recognition, increase customer loyalty, and reduce environmental risks (Nayal et al., 2021).
Nestlé would also need to evaluate the project based on the anticipated return on investment (ROI) (Reefke& Sundaram, 2018; Nayal et al., 2021). The cost of implementing sustainable practices throughout the whole supply chain, such as changing the production lines, acquiring eco-friendly packaging materials, and incorporating smart logistics technology, would need to be evaluated (Reefke& Sundaram, 2018). Additionally, Nestle would have to assess the potential financial gains and savings linked to the upkeep of an environmentally conscious supply chain, such as a drop in waste disposal expenses, improvements in distribution efficiency, and consumer preference for eco-friendly products that would lead to a rise in market share (Reefke& Sundaram, 2018).
2.Organisational Structure
Even though it may be best suited for a matrix-style management structure, Alibaba and Nestle's collaboration to develop green supply chains in China appears promising. Employees in a matrix organization report to either a functional manager, who oversees the department or the area of expertise, or a project manager, who oversees a particular project (Pandey et al., 2024). Nestlé and Alibaba should be active in the input-taking processes such as production, shipping, marketing, and procurement in order to implement the fundamental notion of turning the whole supply chain into a sustainable one. The department manager will be in charge of overseeing the construction of a management structure and making sure that the resources allocated from this department match the skills and resources needed to finish the project on schedule. Using a matrix structure inside a group among all the stakeholders encourages cooperation and communication so that they may all work toward the same objective(Melkonyan et al., 2019; Pandey et al., 2024).This framework not only offers the chance to combine a variety of skills and information that are crucial for creative problem-solving, but it also enables an individual to effectively manage challenging circumstances. This adaptability is crucial because it enables businesses to respond quickly to the shifting demands of their environments or initiatives (Melkonyan et al., 2019).
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