Kemko Manufacturing: Principle Components and Simulation Analysis

Option 2:
Kemko Manufacturing Case Study
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Option 2:
Kemko Manufacturing Case Study
Introduction
The success of any given company incorporates a strategic road map for success. The management team must be accountable for implementing these strategic initiatives to create a successful team development plan that will allow the business to succeed over time and meet its long-term goals (Brasil & Eggers, 2019). Kemko Manufacturing Company is a fifty-year-old that produces high-quality household appliances. Its rapid growth began during the early 2000s and has grown by acquiring other companies. It has acquired more companies and has grown to have more than 25 manufacturing plants in Asia, the United States, and Europe (Kerzner, 2022).
Given that work in these plants progresses as planned, each wants to maintain its culture and remain autonomous from the corporate at Kemko. However, Kemko cannot allow these plants to remain autonomous due to the growing pains as it continues to acquire more companies. Kemko manufacturing lacks standardization and expectations of employees' roles to be different than what Prisha tries to explain. Some plants assume that IT professionals have to prepare the required package. In contrast, the IT profession was responsible for understanding the needs as prepared by the plant representatives.
Section =1\*Roman I: Principle Components
Project, Program, and Portfolio Management Distinction
Kemko manufacturing needs to establish standardized procurement and inventory control systems across all the manufacturing plants to avoid the loss of corporate control over inventory taking a toll. Kemko Manufacturing was a fifty-year-old company well-known for producing high-quality household goods. Initially, Kemko enabled acquired manufacturing facilities to retain their independence from corporate as long as business proceeded according to schedule and they wanted to preserve their own cultures. Purchasing raw materials and maintaining inventory were handled differently by each organization. Because each factory had its procurement documentation, there was frequently confusion at corporate regarding the information on all forms.
Project Charter
An important part of any project is the project charter, which typically lays out a general overview of the project by providing the scope of the project, objectives, and responsibilities of the stakeholders (Starns, 2019). Kemko manufacturing worries about the scope creep, and Prisha says to the plant representatives that no scope will change on the project. The project objective is to improve standardization and operations to increase sales. The project aims to have no scope at all, according to Prasha, the IT director. The plant representatives ensure no scope changes and provide detailed project needs. The IT group must also understand the project's needs and finish their job.
Section =2\*Roman II: Simulation Scenario Analysis
A simulation scenario analysis is an important step in the process of undertaking a risk assessment. It will help identify and quantify the potential effect on the assessed system (Lepillier et al., 2019). Kemko manufa...