Supply chain and logistics services in project management: An applied study on the Royal Commission in Yanbu
DOI:
https://doi.org/10.59992/IJFAES.2024.v3n10p35Keywords:
Supply Chain, Logistics, Project Management, Royal Commission in YanbuAbstract
The objective of this research is to analyze the role of supply chain and logistics services in enhancing the performance of large-scale projects at the Royal Commission in Yanbu, a leading entity in industrial project management, particularly in the petrochemical and metal sectors. The study focuses on how the supply chain and logistics are organized and managed, and their impact on reducing costs, improving efficiency, and ensuring quality. The research also examines key challenges facing the supply chain, such as delivery delays, high transportation and storage costs, weak coordination between suppliers and contractors, and the impact of external factors like economic and political fluctuations on supply operations. It further presents strategies to overcome these challenges by adopting modern technologies such as artificial intelligence and data analytics to improve inventory management and forecast future needs. The study concludes that improving the management of supply chain and logistics services significantly contributes to enhancing the overall performance of large-scale projects by increasing logistical efficiency, reducing costs, and ensuring timely delivery of products and services at minimal costs.
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