Overview
Scope of the Project
Riordan Manufacturing can continue to expand by reducing the inventory cost of raw materials and finished goods. Riordan currently has a legacy MRP Information System (IS) in place, and this project provides an excellent opportunity to upgrade the infrastructure to allow for a more cost-efficient way to track inventory.
Goals of the Project
Riordan 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 Objectives
The exploratory committee has identified the following as the Business Objectives for this project:
Accurately track and manage…show more content…
Constraints
The following constraints exist for this project:
Financial – The approved budget for this development project is not to exceed $750,000 for hardware, software, and technical analysis purchases
Time Due to upcoming financial deadlines, this project needs to be running parallel to the legacy system in six (6) months, with full implementation completed in twelve (12) months.
Resources There are no in-house staffing resources to complete this project. A third party technical analysis team will provide the technical expertise needed for this project to complete in the time specified.
Organizational Policies – In order to provide continued quality merchandise and service, Riordan is committed to: o Six Sigma, industry-leading R
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