Information Systems UI prototype Deliverable

Capstone2020
FeasibilityAnalysis.docx

Feasibility Analysis

The feasibility analysis shows the suitability of the system, considering different operational factors. Subjecting project to feasibility test helps to find out if they are worth implementing. The feasibility test finds out if the system development is within a reasonable cost and developed within a reasonable time frame if it will be economical to the organization.

This paper is a feasibility test for the project of developing an online inventory management system. Some of the factors of consideration include the following.

Operational Feasibility

By using an unautomated online system can results in several issues, as highlighted in the scope statement. The system will thus provide solutions to the issues raised. First, the system will develop an inventory management system that automates the inventory management system. Second, the system will allow the management to monitor every inventory remotely and execute real-time decisions based on the information provided. Third, the inventory management will generate reports regarding each item’s performance and give projections of sales depending on the available information. In the perspective of the store, the online inventory management system can be considered as low risk project.

Economic Feasibility

The economic feasibility assesses the benefits of system implementation. Will the system benefit the organization in the long run? The system will be beneficial in many ways. First, the system will reduce the staff’s cost associated with inventory management since it an automated one; hence, inventory managers will only access the trends and make informed decisions. Second, though it might not go well with some staff, the system will reduce the number of personnel needed for inventory management activities, saving the management’s cost. Lastly, the cost of operating the inventory management greatly reduces since the system is integrated with an online platform. The inventory management system is economically feasible and easy to use for the users and low maintenance to the Davidson convenience store.

Technical Feasibility

The organization has the technology necessary to implement the system; it uses the same resources used by its online resources. Also, during development, the organization has all the resources that will be used. Some of the technical resources are not expensive and can pressure the organization’s financial resources. The proposed project online inventory management system is technically feasible and feasible within estimated cost and will be profitable to the Davidson convenience store. Tracking the stores inventory is an important feature in the Online Inventory Management system. The system allows the users to tack the inventory by serial numbers, barcodes and other IDs. Without traceability the store risk by recalling items for any clarification and therefore loosing revenue. Purchase is another feature to any warehouse that relies on vendor for goods to purchase. This feature I will be building to the system that helps the users to manage and create purchase orders.

Schedule Feasibility

The development of the inventory management system won’t take a lot of time. Three months is enough to develop it and deploy it into the working environment. The project online inventory management system follows SDLC process. Firstly, the project starts with planning phase with System Request and Feasibility Analysis are focused. Secondly, the Analysis phase to document the requirements, analyze the current offline inventory process and accordingly work on future state requirements for online inventory process. Thirdly, the design phase which includes the prototypes, architecture designs and hardware/software specifications. Finally, the implementation phase to test the online inventory process and deploy into production environment. The risk will encounter in test process and have to plan, document, test all the test scenarios and make sure there will be no production issues when deployed in production environment. Production issues might arise in any software development, the issues should be rectified and fixed as soon as they are identified.

Additional comments

The requirements of the organization to implement the system push the organization. The organization shall benefit from the implementation significantly. It will lead to the enhancement of customer service leading to customer satisfaction. The process of inventory management system is to ensure their inventory is kept at optimal level. This system will track all the products information, audit the inventory and track the sales along with generating reports. The system also helps the business by identifying the slow selling stock, which helps to look for stock that has not been sold in the last 6 to 12 months.