QSO 330 Milestone One Guidelines and RubricOverview: The final project for this course is the creation of a supply chain evaluation.Supply chain management (SCM) is a holistic view of a companys effortsto source, procure, receive, store, and deliver products. These products can be raw materials for a manufacturing process, consumer goods for a retail chain, or a collection of items that will be joined in some way before ultimate delivery to the customer. In todays global economic environment, SCM takes on an increasing level of complexity as companies attempt to reduce costs, drive efficiency, and remain compliant with the corporate social responsibilities that todays consumers demand.Prompt: For this milestone, you will submit an assessment ofthe supply and demand of the clients company andits product flow, as discussed in the WalmartChina: Supply Chain Transportation case study. You will also evaluate the network sourcing strategy of your client company to identify areas that may be in need of improvement and will leave room for future expansion.Specifically, the following critical elements must be addressed:II. Demand Forecasting: In thissection, first assess the supply and demand side of your client companys product flow, including the customers needs andthe suppliers capabilities, in order to then identify potential alignments that will keep cost and waste at a minimum.A. Evaluation1. Analyze your client companys suppliers in terms of their abilities to meet the demand of customers during steady-state and peak operations. How effective are each suppliers inventory reorder points and economic order quantities? Support your analysis with quantitative examples.2. Additionally, describe demand-forecasting constraints that exist within the supply chain. For example, consider the distance of the stores and the compatibility of the products in terms of shipping, storage, and so on.III. Sourcing: In this section, first evaluate the network sourcing strategy of your client company in order to then identify possible areas in need ofimprovement that will leave room for future expansion.A. Evaluation: Assess the current network sourcing strategy and determine whether or not the number and quality of suppliers is the optimal mixfor the operation. To what extent do the current suppliers meet steady-state and peak demand? Are they consistently providing products that meet or exceed company quality standards? Defend your assessment with examples.B. Recommendations1. Recommend a strategy to optimize the sourcing network that takes into account current operations and leaves room for future expansion. Be sure to consider any alternative sources of materials available to the organization in your response.Note: For this milestone, you will complete critical elements II.A, III.A, and III.B.1. As a reminder, you will need to complete additional critical elements (II.B andIII.B.23) for this part of the final submission of your final project. Keep those elements in mind as you work through this milestone.RubricGuidelines for Submission: Your paper should be a 3- to 4-page Microsoft Word document with double spacing, 12-point Times New Roman font, one-inchmargins, and at least three sources cited in APA format.Instructor Feedback: This activity uses an integrated rubric in Blackboard. Students can view instructor feedback in the Grade Center. For more information,review these instructions.