Development of an Excel-based tool for seamless resource planning of a mid-size company

Manufacturing Planning and Control (MPC) is critical for effective management and improving the overall production efficiency of companies. The manufacturing environment is complex with different data sources across different teams from the same company. An effective MPC system is therefore importan...

Full description

Saved in:
Bibliographic Details
Main Author: Tan, Dennis Yi Xuan
Other Authors: Rajesh Piplani
Format: Final Year Project
Language:English
Published: Nanyang Technological University 2020
Subjects:
Online Access:https://hdl.handle.net/10356/141008
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Nanyang Technological University
Language: English
id sg-ntu-dr.10356-141008
record_format dspace
spelling sg-ntu-dr.10356-1410082023-03-04T19:28:49Z Development of an Excel-based tool for seamless resource planning of a mid-size company Tan, Dennis Yi Xuan Rajesh Piplani School of Mechanical and Aerospace Engineering MRPiplani@ntu.edu.sg Engineering::Industrial engineering::Supply chain Engineering::Mechanical engineering Manufacturing Planning and Control (MPC) is critical for effective management and improving the overall production efficiency of companies. The manufacturing environment is complex with different data sources across different teams from the same company. An effective MPC system is therefore important as it coordinates the company’s supply chain. The system also enables informed decision making throughout the entire chain which, in turn, speeds up response times and minimises inefficiencies. However, these MPC tools have been very expensive due to their complexity. A system from Oracle cost companies USD$12,000 per user per year (Oracle, 2020). Even the less complex MPC tools that simply allow companies to carry out demand forecasting and production planning can cost USD$600 per user per year (MRPeasy, 2020). This report presents an Excel-based tool that allows forecasting, Sales & Operations planning, Master Production Scheduling, and Material Requirements Planning for the same data seamlessly and in an integrated manner. Moreover, this tool was built to model the operational requirements of an actual company, Zurn Wilkins, which manufactures water control products for plumbing. Besides being used by SMEs for their resource planning, such a tool can also be an educational tool for students of Manufacturing Planning and Control functions. Bachelor of Engineering (Mechanical Engineering) 2020-06-03T06:52:42Z 2020-06-03T06:52:42Z 2020 Final Year Project (FYP) https://hdl.handle.net/10356/141008 en application/pdf Nanyang Technological University
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
language English
topic Engineering::Industrial engineering::Supply chain
Engineering::Mechanical engineering
spellingShingle Engineering::Industrial engineering::Supply chain
Engineering::Mechanical engineering
Tan, Dennis Yi Xuan
Development of an Excel-based tool for seamless resource planning of a mid-size company
description Manufacturing Planning and Control (MPC) is critical for effective management and improving the overall production efficiency of companies. The manufacturing environment is complex with different data sources across different teams from the same company. An effective MPC system is therefore important as it coordinates the company’s supply chain. The system also enables informed decision making throughout the entire chain which, in turn, speeds up response times and minimises inefficiencies. However, these MPC tools have been very expensive due to their complexity. A system from Oracle cost companies USD$12,000 per user per year (Oracle, 2020). Even the less complex MPC tools that simply allow companies to carry out demand forecasting and production planning can cost USD$600 per user per year (MRPeasy, 2020). This report presents an Excel-based tool that allows forecasting, Sales & Operations planning, Master Production Scheduling, and Material Requirements Planning for the same data seamlessly and in an integrated manner. Moreover, this tool was built to model the operational requirements of an actual company, Zurn Wilkins, which manufactures water control products for plumbing. Besides being used by SMEs for their resource planning, such a tool can also be an educational tool for students of Manufacturing Planning and Control functions.
author2 Rajesh Piplani
author_facet Rajesh Piplani
Tan, Dennis Yi Xuan
format Final Year Project
author Tan, Dennis Yi Xuan
author_sort Tan, Dennis Yi Xuan
title Development of an Excel-based tool for seamless resource planning of a mid-size company
title_short Development of an Excel-based tool for seamless resource planning of a mid-size company
title_full Development of an Excel-based tool for seamless resource planning of a mid-size company
title_fullStr Development of an Excel-based tool for seamless resource planning of a mid-size company
title_full_unstemmed Development of an Excel-based tool for seamless resource planning of a mid-size company
title_sort development of an excel-based tool for seamless resource planning of a mid-size company
publisher Nanyang Technological University
publishDate 2020
url https://hdl.handle.net/10356/141008
_version_ 1759855351781392384