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Topic: Technology
Number of pages / Number of words: 8 / 2160
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We expect to reduce raw material inventory costs by 15%. Finished goods inventory costs will be 15%-20% lower. By utilizing RMIS, Riordan will reduce on-hand materials needed and the re-ordering of backordered items. The system incorporates an automated feature that will communicate with suppliers and order parts as needed...


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The system incorporates an automated feature that will communicate with suppliers and order parts as needed. Process flows can be easily analyzed to maintain proper throughput, thereby reducing finished goods inventory and the associated costs.

? Summary of Project Feasibility: The RMIS system is designed to enable it to be incorporated in virtually any industry...


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