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Discuss the pros and cons of each technique discussed. Would you utilize it in your current of future place of employment? Provide justification for why or why not. 

Answer:

Importance of developing metrics and KPIs in supply chain management


The KPIs lead to realistic goals which the organization strive hard to get

It can be used as motivation for employees and provide them the insight into the target with the exigencies of time


By metrics and KPIs, the monthly, quarterly and annual performance of the organization can be evaluated

It leads to efficiency in the supply chain sector as the evaluation can be done and correct decisions can be taken at the right time

The measure of performance of employees cannot be done without any evaluating criterion. Metrics and KPIs lead to the measurement of employees’ performance, thus rewarding the employees for their exemplary work

It can be used to assess and subsequently reduce the delivery time and cost taken

Techniques

The technique of robo-warehouse used by the AB InBev at its warehouses is a significant technological development in the supply and chain management sector. It will reduce the carbon emissions, increase productivity and efficiency in the working. It will be equal to taking millions of vehicles off the road in a year(Kim, Wagner, & Colicchia, 2018).  


The other technique if using drones in the mining industry to capture the photos which cannot either be taken by a man or it involves dangerous developments. The drones can increase the monitoring over the work with fine quality works.

Pros of each technique

The hazardous works can be done by the use of technology without any adverse effects on workers.

The work can be done with more proficiency involving finer details leading to better quality work

Cons of each technique

Loss of employment for low skilled workers leading to further economic inequality. This may raise the social tension and provoke unemployed youth to indulge in crime. The unemployed youth which is the backbone of society may get indulged in various kind of addiction leading to the destruction of society(DuHadway, Carnovale, & Kannan, 2018).


The ease brought about by technology brings laziness in human beings like now people keep watching TV during free time instead of going out and playing outdoor games. A similar effect is of social media which is destroying the student life and reducing face-to-face interaction(DuHadway, Carnovale, & Kannan, 2018).

Use in future

The technological advancement is the part of civilization which is the need of time. Change is the law of nature so instead of badly criticizing the technology, we need to embrace technological developments without adopting its side-effect (Kaufmann, Esslinger, & Carter, 2018). Thus I would use the above-mentioned technology in future for the benefit of business in general, and society, in particular. There would be a further advancement in technology leading to further growth in innovation and the economy (Kumar & Paraskevas, 2018).

Bibliography

DuHadway, S., Carnovale, S., & Kannan, V. R. (2018). Organizational Communication and Individual Behavior: Implications for Supply Chain Risk Management. Journal of Supply Chain Management, 3-19.

Kaufmann, L., Esslinger, J., & Carter, C. R. (2018). Toward Relationship Resilience: Managing Buyer?Induced Breaches of Psychological Contracts During Joint Buyer–Supplier Projects. Journal of Supply Chain Management, 62-85.

Kim, S., Wagner, S. M., & Colicchia, C. (2018). The impact of supplier sustainability risk on shareholder value. Journal of Supply Chain Management, 43-49.

Kumar, A., & Paraskevas, J.?P. (2018). A Proactive Environmental Strategy: Analyzing the Effect of SCM Experience, Age, and Female Representation in TMTs. Journal of Supply Chain Management, 20-41.

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