6 page paper-Issue 3 (Due in 12 hours)
budsimpson
ParkerInventoryselectionworkingfinal.pptxProject and Logistics Assessment
Issue detection:
The company seeks to increase the number of inventories. However, selection of the inventory which will fit for the CEO is a problem.
Collection of data:
Primary Data:
Understand the issue by through interviews with CEO and CFO and conduct survey to detect such issues directly.
Secondary Data:
Personal industrial based research
Survey done:
Conducted interview with the management staff, relate issues with the mission of the company which is that of increasing the inventory.
Make secondary data research to access more information on the best inventory to select.
Prior Recommendation:
Select the inventory which will allow minimum number of trips to minimize expenses.
MGT 5903
GROUP 3
Industry Best Practices
Site Assessment
The business needs dimensions and layout of space to include height of ceilings, locations of outlets, entrance/exit doors, bay doors, windows, any obstacles.
Inventory Identification
Historical Data and Project Manager Experience interviews and research with managers revealed that the company is experiencing loss of items from not having proper storage & cost (ex. Paint that froze in winter). The other issue is returning suppliers that are unnecessary.
Possibilities for space which is needed to be able to store the most amount of supplies and still be functional) includes storage racks/bins Walkways /aisles, Ceiling storage and Climate control.
MGT 5903
GROUP 3
Recommendations
Operations:
Maximize the unused space which must serve as RPM’s warehouse for high demand and bulk order items by considering storage racks/bins Walkways /aisles, Ceiling storage and Climate control.
Project Management:
Buildertrend offers all features desired to capture resource requirements
Manage Tasks with pictures
Capture all material and labor costs
Initial Recommendation:
The company is advised to conduct inspection of projects and conduct multiple trips to purchase supplies and to maximize the unused space which must serve as RPM’s warehouse for high demand.
Accounting:
Buildertrend links directly to QuickBooks. Two Examples
Purchasing materials for the new inventory will need to be added to the actual budget
Employees in for this new system will have to be included into the actual payroll.
MGT 5903
GROUP 3
