Material Requirements Planning (MRP) System – Riordan Manufacturing,

Introduction and Feasibility StudyAt the request of the Chief trading trading operations Officer and the fault President Operations, an evaluation was requested for the ripening of a veridical Requirements Planning (MRP) system. The system is to track and share piercing materials as well as absolute output inventory throughout Riordan Manufacturing. The objective of implementing an MRP is to reduce on-hand dim materials and completed goods inventory be. Since uncomplete of these items are considered liquid assets, having an over emerge of either on-hand croup be considered a potential monetary loss. An example of a loss condition would be a change in inquire for a specific product. Implementing a MRP will waive for regressive analysis (Bandwidth Analysis) of supply and demand in sufficient detail to allow for a balmy amount of raw materials and finished products to be kept on-hand or ordered periodical to satisfy customer demands without an increased belong beat. (Stewart-Frazier Tools, Inc., 1996). One study advantage of Bandwidth Analysis will be the continual accomplishment of all lines without having a major pot upon receipt of orders. This tendency is in keeping with the corporate mess of reducing costs by 10% and cycle date by 15%.

Goals of the MRP are:-Reduce costs by 10%-Reduce cycle time by 15%-Reduce the amount of raw materials on-hand-Reduce the amount of finished products on-hand-Implement Bandwidth Analysis of supply and demandIn determining the objectives for this project, a number of investigative techniques were used. First, a review of the cor porate organizational charts was conducted ! to determine the stakeholders. The results of this work listed the following individuals as key stakeholders:- order NeitzelVP Operations- Ronald NelisDirector Plant Operations (Pontiac)- Craig GranbeigDirector Plant Operations (Albany)- Charles WilliamsonVP International Operations- maria TrinhChief Information OfficerSecond, formerly the stakeholders were identified, interviews were conducted to ascertain the corporate vision and desired... If you lack to get a full essay, order it on our website: BestEssayCheap.com

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