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Builders Cement Order and Inventory Management System Implementation

   

Added on  2023-06-04

12 Pages2777 Words197 Views
Business Development
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Running head: PROJECT MANAGEMENT
Builders Cement Order and Inventory Management System Implementation
Name of the Student:
Name of the University:
Builders Cement Order and Inventory Management System Implementation_1

1PROJECT MANAGEMENT
Executive Summary
The report is based on the implementation of order and inventory management system in
Builders Cement. The inventory management system improves the business performance of
the company by closing the sales, benefits toward customer retention, reduction of holding
costs, and flexibility. Technology migration of inventory management system is done to
transfer the business process IT resources. The paper also analyses the technical feasibility
study, economic feasibility study and operation feasibility. The goal of order and inventory
management system is that the construction materials are available at point of use. The total
time required to complete the project plan is 2 months. The entire cost benefit of the plan is
increase into expected costs; therefore the project work is taken as inexpensively feasible.
Builders Cement Order and Inventory Management System Implementation_2

2PROJECT MANAGEMENT
Table of Contents
1.0 Issue......................................................................................................................................3
2.0 Anticipated outcomes...........................................................................................................3
3.0 Problem definition................................................................................................................4
3.1 Problem statement............................................................................................................4
3.2 Organizational impact......................................................................................................5
4.0 Project overview...................................................................................................................6
4.1 Project description............................................................................................................6
4.2 Goals and objectives........................................................................................................7
4.3 Project performance, project assumptions, project constraints and major project
milestones...............................................................................................................................7
5.0 Cost benefit analysis............................................................................................................9
6.0 Approvals.............................................................................................................................9
References................................................................................................................................10
Builders Cement Order and Inventory Management System Implementation_3

3PROJECT MANAGEMENT
1.0 Issue
The report is based on Builders Cement Order and Inventory Management System
Implementation. There is issue related to that the requisite materials needed into the
construction lay down yard, so that the materials are not delivered on right time to the crew
workers for the installation purpose.
2.0 Anticipated outcomes
The order and inventory management system is required for effective operations of
complex warehousing and distributing the environments. Inaccurate inventories results into
reduction of cost which makes the investment decisions. The anticipated outcomes of the
inventory management system are achieved of business efficiency, productivity into the
business operations (Ptak & Schragenheim, 2016). It results into reduction of inventory costs,
maximization of sales and profits. The system which is implemented into Builders Cement
are integrated the overall business process, automated the manual tasks and maintained a
customer satisfactions. The system wants efficiency to manage the stock levels such that the
business is cash flow positive. Simple analytics as well as reports help to observe the
products which are selling faster throughout sales channels (Laudon & Laudon, 2016). The
system helps to manage the sales channels for reduction of loss of sales; it is required to
restock the products into the business organization.
Inventory control is critical when it is required to reduce the carrying cost of holding
the project stock. Inventory management system les the entire company work with it as it is
making way from sales to customer fulfilments (Tat, Taleizadeh, & Esmaeili, 2015). The
inventory management system improves the business performance such as:
Closing the sales: The inventory management system is allowed with up-to-date
stock levels to available to the staffs in real time (Voronkova et al., 2017). It leads to better
Builders Cement Order and Inventory Management System Implementation_4

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