Riordan Manufacturing MRP Evaluation Project Essay -- Information Syst

OverviewScope of the ProjectRiordan Manufacturing can continue to expand by reducing the muniment cost of raw materials and destroyed goods. Riordan currently has a bequest MRP Information System (IS) in place, and this project provides an excellent opportunity to upgrade the infrastructure to allow for a more cost-effective way to track arsenal.Goals of the ProjectRiordan would like to develop or acquire an MRP corpse that volition 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 identified the following as the Business Objectives for this projectAccurately track and manage raw materials and finished goodsReduce inventory cost of raw materials and finished goodsImprove MRP infrastructureMeasures of triumphThe following tasks will be performed to measure the success of the project at six (6) months and one (1) yearAn inventory analysis validating the accuracy of introduce inventoryA cost analysis comparing the cost of inventory management to previous reportsHire an IS analysis firm to analyze the bracing Riordan MRP systems power 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 tracking 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 objective is to improve the MRP infrastructure. Removing the legacy equipme nt 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 decrease in inventory loss due to accurate and low-cost inventory management. On-going costs will be minimized with an internal IT department handling support and maintenance of the new system. All of the projects objectives have been met, and Riordans expectations have been fulfilled.