Analyze inventory management concepts, and determine inventory quantities and ordering policies

Product and Technology Management

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Assignment Objectives

Rank operations management and supply chain management

Analyze inventory management concepts, and determine inventory quantities and ordering policies

Rank applications of information technology: MRP and ERP systems

Deliverable Length:   5-7 pages

Consider the following scenario:

As part of the management team for PPQ Parts manufacturing company, you are tasked with selecting the best software packages for the firm’s materials requirements planning (MRP), capacity requirement planning (CRP), and enterprise resource planning (ERP) needs.

Use the Internet, course materials and web resources to research the pros and cons of six software systems designed to perform these functions. Then, write a 5 – 7 page Software Recommendations Report that you will submit to the chief executive.

In the report, be sure to justify your recommendations by analyzing the pros and cons of each of the six software systems you evaluated.