Vending Machine Inventory Control System Proposal
Vending Machine Inventory Control System Proposal
CIS/319: University of Phoenix
April 2, 2008
Vending Machine Inventory Control System Proposal
The ever rapidly advancing technology of this day and age causes many changes throughout the world. Businesses are no exception; the introduction of new technology within a company effects numerous departments. The purpose of our business is to discover ways of saving our company money, time and resources. By implementing a Vending Machine Inventory Control System, the Maintenance department will experience the greatest impact by implementing new hardware and software. By utilizing reusable tracking devices for each vending machine, we can have an accurate, up-to-date inventory. This will allow for us to track each item sold and know when to schedule service for each machine owned. With the rising costs of fuel and manpower, we need to find ways to more effectively service all of our machines. With an updated tracking system we will be able to more effectively coordinate deliveries and ensure that all machines are fully stocked. Let’s examine our decision in implementing this new system with regards business to be resolved, purpose of the project, constraints and assumptions, which options will best suit the needs of the company and why, we will also include the effects cost wise of implementing the system and the expected Return on Investment (ROI).
Business to be resolved and purpose of the project
The vending machine supply industry has traditionally been a labor intensive effort considering the large number of machines, the remote locations of these machines, and the wide variety of product stored within each of the machines. Vending companies generally own the vending machines which they service and employ personnel to retrieve monies collected and replenish the stock of merchandise in the machines on a regular basis. In order to properly balance the amount of money retrieved against the amount of
CIS/319: University of Phoenix
April 2, 2008
Vending Machine Inventory Control System Proposal
The ever rapidly advancing technology of this day and age causes many changes throughout the world. Businesses are no exception; the introduction of new technology within a company effects numerous departments. The purpose of our business is to discover ways of saving our company money, time and resources. By implementing a Vending Machine Inventory Control System, the Maintenance department will experience the greatest impact by implementing new hardware and software. By utilizing reusable tracking devices for each vending machine, we can have an accurate, up-to-date inventory. This will allow for us to track each item sold and know when to schedule service for each machine owned. With the rising costs of fuel and manpower, we need to find ways to more effectively service all of our machines. With an updated tracking system we will be able to more effectively coordinate deliveries and ensure that all machines are fully stocked. Let’s examine our decision in implementing this new system with regards business to be resolved, purpose of the project, constraints and assumptions, which options will best suit the needs of the company and why, we will also include the effects cost wise of implementing the system and the expected Return on Investment (ROI).
Business to be resolved and purpose of the project
The vending machine supply industry has traditionally been a labor intensive effort considering the large number of machines, the remote locations of these machines, and the wide variety of product stored within each of the machines. Vending companies generally own the vending machines which they service and employ personnel to retrieve monies collected and replenish the stock of merchandise in the machines on a regular basis. In order to properly balance the amount of money retrieved against the amount of
References: Fundamentals of Information Systems, 3e, Stair/Reynolds - ©2006 Course Technology Retrieved March 19, 2008, from University of Phoenix, rEsource, CIS 319