...Riordan Manufacturing Final Paper BSA/502 Riordan Manufacturing As an information technology consulting team working for Riordan Manufacturing, Team C will review, assess and make recommendations for improvements to the company’s business infrastructure. These recommendations will include software in the following business areas: human resources, operations, and logistics, legal, and finally, sales, and Marketing. Riordan Manufacturing Inc. like most companies can benefit from process improvements and the implementation of software solutions to improve its human resources, operations and logistics, and legal processes. Human Resources Focus According to Nickels, McHugh, and McHugh (2010), attracting and keeping the best employees is one of the fundamental goals of human resources management. People are the most valuable resource in any organization because their knowledge and creativity translate to products and services that business models depend on. Riordan Manufacturing Inc. faces some challenges with human resources management and is in need of some solutions. Existing Human Resource Management Systems (HRMS) in Riordan manufacturing Inc. * Employee Database * Payroll System * Training and Development System * Recruitment and Selection system * Hiring System * Compensation System * Compliance System * Performance management system Recommended Human Resources Management Systems (HRMS) Oracle HRMS Oracle HRMS is part of Oracle’s...
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...Riordan Manufacturing Systems Analysis and Recommendations BSA 502 February 21, 2011 Donn Leiske Riordan Manufacturing: Systems Analysis and Recommendations Riordan Manufacturing has been an industry-leader since 1992 in the design and manufacturing of plastic injection molding. Riordan is renowned for its excellence in the research and development of innovative plastic designs and products (i.e. plastic bottles, fans, heart valves, medical stents and custom plastic parts). With its state-of-the art design capabilities, Riordan distinguishes itself by striving to achieve and set the standard by which other plastics manufacturing companies are modeled (Apollo Group, Inc., 2004). Capitalizing upon its reputation as a world-class solution provider, Riordan applies Six Sigma principles and ISO 9000 standards to ensure they are supplying their customers with the highest quality solutions possible. Riordan’s goal is to maintain long-term relationships with its customers and make this relationship non-challenging and profitable for all concerned. In addition to Riordan’s customer focus approach to conducting business, Riordan also works hard to provide an innovative and team-oriented work place in which its employees can thrive (Apollo Group, Inc., 2006). Riordan Manufacturing, founded by Dr. Michael Riordan, employs a diverse workforce of 550 employees throughout four worldwide locations which include, Riordan’s Corporate Headquarters located in San Jose, CA whose primary...
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...Motorola Solutions RFID System CIS/207 Title of Paper As technology continues to advance on a daily basis, businesses and organizations are looking for ways to become more efficient in their overall production. Technology is changing the way a business once performed its daily operations by relying on IT systems to perform unnecessary manual functions. As more manual functions are being replaced by technology, it is allowing the human aspect of the business to focus more on duties/operations that cannot be replaced by the technology. The current Warehouse Management Systems still rely on a ton of manual functions, such as data entry. After reviewing the Riordan's Inventory Management and Control Procedures, it was determined that a more efficient technology system could bring vast improvement in these areas. The Radio Frequency Identification technology could relieve meaningless data entry while providing a better security of Riordan’s inventory and equipment. What is an RFID system? The Department of Homeland Security defined RFID technology in 2012, “Radio Frequency Identification (RFID) technology uses radio waves to identify people or objects. There is a device that reads information contained in a wireless device or “tag” from a distance without making any physical contact or requiring a line of sight.” The RFID works as an automated data collection (ADC) technology. Some have suggested that this technology has begun to replace the traditional method of identifying...
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...The Goal of this summary is to provide Riordan Manufacturing the ability to facilitate business needs for the four divisions within Riordan Manufacturing; Finance and Accounting, Internet Site, Sales and Marketing, Human Resources and Legal, and Operations. Finance and Accounting Presently, all four locations use finance and accounting systems to collect, analyze and generate financial data for the company’s sales and revenue reports. This requires the company to manually generate reports, re-enter data and convert this data to compatible formats for the corporate headquarters to process. Each manufacturing entity uses similar subsystems such as procurement, order entry, invoice and shipping. The invoice subsystem will need to interface with the accounts receivable component. These systems feed into the sales and purchasing history, accounts receivable and accounts payable. The procurement, accounts payable and accounts receivable then are provided to the general ledger. Payroll is a separate subsystem that connects to the general ledger. Procurement is the obtaining of the necessary raw materials and supplies and this system needs to keep track of what is on order and in house. The order entry system records all of the customer’s orders. Order entry then provides data to the invoice system for correct billing. Accounts payable keeps tabs on making payments obtained via the procurement system while accounts receivable records customer payments on their invoices. The general...
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...Introduction There currently is not a comprehensive view of the existing and needed business systems of Riordan manufacturing (Smith Services Consulting Inc., 2011). The management of Riordan Manufacturing has submitted Service Request SR-rm-012 – Business Systems to have Smith Consulting create a summary of the business systems needed for effective management. Technical Team Bravo will begin with an overview of the current systems that exist in the areas of Finance and Accounting, Payroll and Human Resources, Information Technology, and Sales and Marketing. For each area covered, Technical Team Bravo will describe the business systems and subsystems used, identify who uses them, identify interrelations between business systems and subsystems, and include any noted disparities. Technical Team Bravo will conclude with a summary of suggestions for a systems plan to improve management (Smith Services Consulting Inc., 2011). Accounting Systems Riordan Manufacturing currently has six Enterprise Resource Planning (ERP) and Manufacturing Resource Planning (MRP) systems throughout four locations. These servers are accessed at the local level by 16 clients (PC’s.) The current challenge to management is the disparate systems and inconsistencies with respect to reporting capabilities and collaboration. Management needs to consolidate these systems into one Cloud-Based ERP/MRP solution that can handle real-time inventory management controls, and comprehensive, robust reporting tools...
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...Law/531 January 9, 2012 Ayodeji Badaki Riordan Corporate Compliance Plan As an international plastics manufacturer employing 550 workers and $46 million in projected annual revenues, Riordan Manufacturing Corporation is focused providing customer product solutions and promoting a climate that focuses on the long term viability of the company. An important part of providing customer product solutions is being able to establish long term relationships with clients. This means that the company strives for transparency and ethics in it business dealings with all stakeholders. In the changing, fast moving and global business world today, it is essential that officers and directors are equipped with the resources to analyze and make decisions quickly. Equally important is the ability to assess and mitigate the risks associated with doing business both locally and abroad. This corporate compliance plan serves as the formal written document that outlines the process Riordan uses to both establish and maintain compliance with all applicable federal, state, local and international laws. Legal liabilities of Officers and Directors Riordan is committed to creating a corporation of well informed and properly supported employees that will provide a climate focused on the long term viability of the company (Riordan mission). In order to meet this commitment, it is essential that the officers and directors work to emulate this commitment in decision making and treatment of the...
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...Introduction In the competitive world of manufacturing, supply and demand, one company is standing out and making its presence known, Riordan Manufacturing Incorporated. This company is at a key point on whether to continue to expand further in the global market or continue current operations in the status quo and risk being out competed by rival companies. The following is an explanation will show that the company is in need to expand to further markets but why it has the management strategy and tools to expand. Common Competitive Advantages Riordan Manufacturing Company is the most popular plastics manufacturer not only in the United States but in the global market. The company strives to be the best company in the world. The company is owned by Riordan industries, a fortune 100 enterprise that focuses on proving solutions to their customer’s challenges. Riordan manufacturing company operates similar to companies like McDonald’s, the leader of the fast food chain and other leading companies because they all focus on change. They will strive to be a solution provider for their customers and not be part of the problem. The competitive strategies are they focus on the long term relationships with its customers to ensure them quality products, innovative solutions, and for the products to be sold at reasonable pricing. Riordan Manufacturing will have to continue to focus on its customers and their needs, come up with different strategies to focus on the competitive industry...
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...customers differently. Riordan Manufacturing had taken this philosophy and incorporated it into their mission as a company. Their mission reads as follows: Our Focus Six Sigma, leading edge R&D and exceeding ISO 9000 standards define the attitude and abilities of Riordan Manufacturing. We are industry leaders in using polymer materials to provide solutions to our customers challenges. Our R&D is, and will remain, the industry leader in identifying industry trends. Our Customer Relationships We will strive to be a solution provider for our customers and not be a part of our customers challenges. Long-term relationships will be sought by maintaining rigorous quality controls, innovative solutions, a responsive business attitude and reasonable pricing. Our Employees We will maintain an innovative and team oriented working environment. By assuring that our employees are well informed and properly supported, we will provide a climate focused on the long term viability of our company. Our Future We must be focused in achieving and maintaining reasonable profitability to assure that the financial and human capital is available for sustained growth (Apollo Group, 2012). As we look into the customer relationship management side of the business, we will solely focus on the “Our Customer Relationship” part of Riordan Manufacturing mission in this section. Cultural intelligence gains Riordan Manufacturing was a well-established business that was created in the...
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...Abstract Riordan Manufacturing is located in Georgia, Michigan and California with an additional site in the People’s Republic of China. Each location manages his or her individual Finance & Accounting Systems. All sites provide their information which is consolidated at Corporate Headquarters in San Jose, California. Riordan Manufacturing is a global plastics manufacturer employing 550 people with projected annual earnings of $46 million. There will always be areas of improvement when a company this size continues to expand. The company currently would like to build a stronger relationship with its customers. In order to succeed, the companies marketing efforts need to be expanded to a wider customer base. Riordan Manufacturing also needs update and control their inventory and manufacturing processes. Aligning all sites to use the same databases and network application systems to share data would be a good business improvement as well. Strategic Plan Development Summarize the Mission and Vision Statement, and Identify the Strategic Objectives The nature of a business is often expressed in terms of the Mission and Vision statements which indicate the purpose and goals of the business. Mission Statements and Vision Statements can be thought of as the foundation or the building blocks of the business. It tells the consumer what kind of business they are in and what it is all about. Riordan Manufacturing has a strong mission statement that helps convey the importance...
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...Riordan Problem Solution Running head: PROBLEM SOLUTION: RIORDAN MANUFACTURING Problem Solution: Riordan Manufacturing University of Phoenix Problem Solution: Riordan Manufacturing The objective of this paper is to exhibit an organized approach using the 9-step Problem-Solving Approach to provide Riordan Manufacturing with legitimate solutions to challenges presented. In addition, the paper identifies opportunities and issues, defines the problem, and develops a set of alternative solutions. In conclusion, the paper recommends the paramount alternatives to implement in order for Riordan Manufacturing to be the global industry leader in plastics production. Situation Analysis Issue and Opportunity Identification Several challenges Riordan Manufacturing must be overcome in order to accomplish the company's organizational goals. One challenge is overcoming employee job dissatisfaction, which declined as part of Riordan's restructuring process. Another challenge is increasing employee retention, which declined due to less than optimal working conditions and minimal personal opportunities to develop and advance. Finally, Riordan Manufacturing needs to overhaul the current flawed reward system into an effective rewards system that aligns the organization's strategy with compensation and incentive packages. Moreover is employee development and training. Riordan has done a small amount of promoting or developing their employees in past years and a key strategic advantage...
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...Warren Buffet once said, “Price is what you pay. Value is what you get.” With a company that has over five hundred employees, four locations worldwide, and $50 million in annual sales, placing the value on the organization is simple; look at the bottom line and see the profit. This is the situation at Riordan Manufacturing where the price it paid to do business was less than what it made, defining a clear value in what Riordan provides. Riordan’s Sales and Marketing department has a clear value; $50 million is sales to show of it. But how do we show the value for other departments within the organization such as Information Systems (IS) and Information Technology (IT) solutions? While the IS and IT costs and what Riordan pays for it are clear from looking at the financials, the value is not. This brings us to the question of what value does Riordan Manufacturing get out of its IS services and IT department. This question is the problem that Riordan Manufacturing has had for many years. Recently, Riordan executive management hired a new Chief Information Officer (CIO) to improve its infrastructure and to answer this question. While management wants to use more IS and IT solutions throughout the organization, it has had trouble finding the perfect fit in all aspects of its operations. Even though IS and IT costs have risen, the puzzle pieces still have not come together; the value and benefit has not been clear to the company. As we will see throughout this review, it is time to...
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...Business Requirements and IS Proposal Team B University of Phoenix CIS/207 April 11, 2012 Dr. Jeorge S. Hurtarte' Business Requirements and IS Proposal Introduction Riordan Manufacturing is an international company that manufactures plastic. In 1991, Dr. Riordan, a chemistry professor, focused on processing polymers into strong plastic substrates. A year later he acquired a fan manufacturing plant in Pontiac, MI. After growth of the production of plastic containers, Riordan changed the company name to “Riordan Manufacturing, Inc. The company has four locations but research for Riordan Manufacturing Inc. takes place in San Jose, which is the corporate headquarters. One product developed by Riordan includes plastic beverage containers produced in Albany, Georgia. The organization has a need for both internal and external audits on a monthly basis. It is challenging to meet the terms of the new government reporting requisites. The current system is aging and requires constant manual intervention to update. Team B will be elaborating on how the enhancement of the current computer systems will make Riordan Manufacturing Inc. more efficient by coming up with a proposed solution of implementation. Business requirements: How to use computer system utilization to become more efficient Riordan Manufacturing currently remains at a competitive level of operations and an industry leader in plastic injection molding (University of Phoenix, 2011). However, the company...
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...Riordan Manufacturing Business System Proposal Paul Belanger, Aaron Ledger, Dacia Faulk, Ian Westerfield, Jennifer Gallaway University of Phoenix Introduction Being the industry leader in polymer materials and per our mission statement, Riordan Manufacturing must remain in step with industry trends. In order to effectively attain this objective, we must acclimatize, embrace, and take advantage of new and innovative technologies. In addition to identifying existing systems employed within the company that are in need of upgrades, the remainder of this paper will also address new systems as well as sub-systems needed and present a brief summary of why these systems would be advantageous to the future of Riordan Manufacturing. Finance and Accounting Overview Riordan manufacturing employs nine basic finance and accounting subsystems globally and three additional subsystems at the San Jose, California corporate headquarters. The atmosphere of interoperability between each of Riordan’s offices (California, Georgia, Michigan, and China) is at best hostile. At present, each operating entity has its own finance and accounting system resulting in a number of inefficiencies due to company-wide systems incompatibility, a lot of which stems from the Michigan and Georgia acquisition. To better establish potential interoperability between existing subsystems, it is first necessary to define the current subsystems of each Riordan office, existing software solutions, and how these...
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...Running head: PROBLEM SOLUTION: RIORDAN MANUFACTURING Problem Solution: Riordan Manufacturing University of Phoenix Problem Solution: Riordan Manufacturing The objective of this paper is to exhibit an organized approach using the 9-step Problem-Solving Approach to provide Riordan Manufacturing with legitimate solutions to challenges presented. In addition, the paper identifies opportunities and issues, defines the problem, and develops a set of alternative solutions. In conclusion, the paper recommends the paramount alternatives to implement in order for Riordan Manufacturing to be the global industry leader in plastics production. Situation Analysis Issue and Opportunity Identification Several challenges Riordan Manufacturing must be overcome in order to accomplish the company's organizational goals. One challenge is overcoming employee job dissatisfaction, which declined as part of Riordan's restructuring process. Another challenge is increasing employee retention, which declined due to less than optimal working conditions and minimal personal opportunities to develop and advance. Finally, Riordan Manufacturing needs to overhaul the current flawed reward system into an effective rewards system that aligns the organization's strategy with compensation and incentive packages. Moreover is employee development and training. Riordan has done a small amount of promoting or developing their employees in past years and a key strategic advantage for organizations...
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...Riordan Manufacturing - Outsourcing Plan Riordan Manufacturing, Inc. leads the industry in plastic injection molding. Riordan has six manufacturing locations in the United States, and one location in China. Riordan creates innovative plastic designs using state-of-the-art technologies that have earned them international acclaim. The various business entities of Riordan Manufacturing are using different Financial and Accounting applications and their incompatibility is causing many issues in the day to day operations of the company. In order to improve the productivity and efficiency of the business entities, Riordan management is considering outsourcing the Financial and Accounting Application for all the business entities. Outsourcing this application can provide specialized support, can increase the speed for a quick turnaround, and can reduce costs for maximized profits. This document provides the business context, implementation plan, performance measures and review of the costs and benefits of the proposed solution. Business Context Riordan Manufacturing has three operating entities, and a joint venture with their own Finance & Accounting Systems. These F&A systems are not compatible with each other, and they are from different vendors, and on different hardware and software platforms. Consolidated financial reports are generated monthly at the corporate office based on the input received from the business entities. Due to compatibility issues, Riordan is experiencing...
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