0 Executive Summary
1 Business Plan
Improvement is critical to survival. Worldwide, technology is changing rapidly. The key to being the best in the industry is to improve the existing processes faster than the competition. The purpose of this project is to reduce the company's inventory costs while improving existing production processes and services. In order to accomplish this is to have Inventory Control Management System (ICMS) to eliminate inappropriate requirements and simplify processes. The company's present processes involve hand written/manual processes that have many side effects such as excessive production process time and inefficient resource usage. Computerized inventory system gives automated record keeping that provides up to the minute stock balances, pricing availability, current open order and open purchase order information, sales trends, and purchase and usage history.
The mission of Inventory Control Management System is to provide continuous improvement that is demonstrated through the use of its full resources effectively to exceed customer expectations and improve existing production processes and services.
The objective of Inventory Control Management System is to manage resources efficiently while
ensuring that the production processes proceed effectively with less time involved. In addition, the
Ensure efficiency and timely identification of production processes
Assist in managing company's wide inventory
Provide a common repository for asset protection
Plan and control the usage of assets across the company
2.0 Company Analysis
Since profitable sales of products are the heart of a firm's reason for existence, the inventory is linked interactively to a powerful information base of individual and customer needs, pricing options, sales and profit statistics, buying requirements and cost information. This information is presented in a specific and simple format, usable and functional for all levels of personnel who need inventory information. Since inventory is interfaced to order entry, purchasing, and sales analysis, information is interactively kept current by the computer with a single entry.
1 Project Overview
The ICMS provides more than simple access to inventory information. It should be integrated within the everyday functions performed by personnel associated with entering and maintaining asset information. The system will reduce the effort devoted to asset management while supplying many personnel with the information they need to perform their daily functional responsibilities. Therefore, the ICMS user interface should be:
Easy to navigate
Optimized for best performance.
Recommendation for this project is to apply a structured and systemic ICMS' work instruction into the production process to achieve operational excellence...