Riordan Manufacturing MRP Evaluation Project Essay

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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
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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&D and exceeding ISO 9000 standards o Staying the industry leaders in manufacturing plastic products o Providing solutions for customers o Maintaining long-term relationships o Maintaining rigorous quality controls o Providing innovative solutions o A responsive business attitude and reasonable pricing o Assuring that employees are well informed and properly supported
• Culture - The cultural constraints are the buyers, especially in the worldwide market. Buyers of the different plastic products look for a company that will guarantee quality products and services. Ace targets three types of buyers:

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