Project Management
Riordan Manufacturing MRP Evaluation Project
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 raw materials and finished goods
Reduce inventory cost of raw materials and finished goods
Improve MRP infrastructure
Measures of Success
The following tasks will be performed to measure the......
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Approximate Word Count: 1707
Approximate Pages: 7 (250 words per double-spaced page)
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