Riordan Manufacturing MRP Evaluation Project Essay -- Information Syst

OverviewScope of the ProjectRiordan Manufacturing can continue to expand by reducing the inventory apostrophize of raw materials and done for(p) goods. Riordan currently has a legacy MRP Information System (IS) in place, and this project provides an excellent opportunity to upgrade the infrastructure to altogetherow for a more cost-efficient way to track inventory.Goals of the ProjectRiordan would like to develop or acquire an MRP system that will track and manage raw materials and finished product inventory across all plants to help ensure reduced inventory costs throughout the entire company. Business ObjectivesThe exploratory committee has set the following as the Business Objectives for this projectAccurately track and manage raw materials and finished goodsReduce inventory cost of raw materials and finished goods remedy MRP infrastructureMeasures of SuccessThe following tasks will be performed to measure the success of the project at six (6) months and one (1) yearAn inve ntory analysis substantiative the accuracy of tracked inventoryA cost analysis comparing the cost of inventory management to previous reportsHire an IS analysis firm to prove the new Riordan MRP systems efficiency Statement of Scope, Objectives, and ConstraintsCurrent NeedsRiordan Manufacturing needs to reduce the inventory cost of raw materials and finished goods. To reduce these costs, Riordan would like to develop or acquire an MRP system that can accurately track and manage raw materials and finished product inventory across all plants.ObjectiveI am investigating the feasibility of developing or acquiring an MRP/MRPII information system to ensure that Riordan can accurately track and manage raw materials and ... ...w for better introduce of goods, which prevents lost materials. This, in turn, will allow Riordan to reduce the cost of inventory and allow us to gain sales with lower customer prices.The third neutral is to improve the MRP infrastructure. Removing the legacy equipment and slow data lines will allow much more inventory to be processed. This will increase productivity throughout all of the plants.ConclusionRiordan Manufacturing will more than recover the expenditures of this IT project within two years of the upgrade. Riordan will experience an increase in sales and a simplification in inventory loss due to accurate and low-cost inventory management. On-going costs will be minimized with an internal IT department handling dungeon and maintenance of the new system. All of the projects objectives have been met, and Riordans expectations have been fulfilled.