...Riordan Manufacturing, Inc. (Riordan) is an innovative and evolving company that seeks to continue its impressive growth sense the inception of the company. As Riordan continues to grow and adapt to an ever changing economic environment, it must be careful not to be a victim of its own success. Having established plants in various states, and even one in China, Riordan must be aware of the legal ramifications of its decisions. Neglecting to understand the legal process of its actions has the potential to hurt Riordan’s employees, stockholders, and the company itself. Riordan has the opportunity to use existing legal business contexts to help mold and shape its decisions in a way that are beneficial to everyone. The various complexities of business laws have a potentially daunting and detrimental prospect for many companies, but Riordan must not see things this way. We will use Riordan’s reputation and strength to enhance its decision making processes to make the company stronger, while keeping within the legal boundaries of national and international business law. Of the many subjects Riordan will concentrate on, to ensure future economic growth it must first begin with Alternative Dispute Resolutions to potential problem that may arise with the various entities Riordan does business with. Disputes inevitably arise in business relationships. Riordan’s challenge will be handling in an effective and time efficient manner. Alternative Dispute Resolution Alternative dispute resolution...
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...The current architecture of the Riordan Manufacturing Company Inc. Wide Area Network and network security in place requires updated documentation. The purpose of this paper is to gather the existing information into a single format and evaluate the WAN and security documentation for an executive overview. Riordan Manufacturing, Inc. is an industry leader in the field of plastic injection molding. With state-of-the art design capabilities, they create innovative plastic designs that have earned international acclaim. Attention to detail, extreme precision and enthusiastic quality control are the hallmarks of Riordan Manufacturing. With facilities in San Jose, California, Albany, Georgia, Pontiac, Michigan and Hangzhou, China, the company is heavily dependent upon their communication networks. The documentation produced by this analysis will give the management at Riordan Manufacturing an understanding of their networks today, a plan for future upgrades and a baseline to evaluate security. The goal of this exercise is three fold. Our first will be to provide an inventory of the existing network components for Riordan Manufacturing designated by location, review the network security for each site, and our last goal is to document the current security plan for use in future planning. Because of the limited scope of the project, several assumptions must be made. The first assumption is that Riordan Manufacturing has accurate records of the current infrastructure and no changes will...
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...Strategic Plan Katie Hanson, Raquel Martinez, Kirk Carlson, Nicholas Votaw MGT 498 Strategic Plan Riordan Manufacturing is a mid-size American company that was founded in 1991, employs 550 people and has projected annual earnings of $46 million. Riordan has three manufacturing locations, two in the United States and one in China. Riordan understands the importance of strategic planning and will lay out their reasoning in this paper. Competitive advantages, sustainability, innovation and ethical and social responsibilities will be addressed, as well as cultural and structural leadership and assessment and feedback controls. Riordan Manufacturing, Inc. needs strategic plans because Riordan Manufacturing, Inc. is like any other business organization; divided into two governing sections of business operations a management section and a functional section. Strategic planning is conceptual, pragmatic, and can deliver the highest and best results for business decisions and practices. “Strategic management is a set of managerial decisions and actions that determines the long-run performance of a corporation” (Wheelen, 2010, p. 4). Strategic management possesses four phases that are designed to have business managers’ focus on internal, external, and overall policy implementation of their management systems. The four phases of strategic management are financial planning, forecast based planning, externally oriented strategic planning, and strategic management (Wheelen, 2010). The...
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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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...Riordan’s Strategic Plan Riordan Manufacturing is a Fortune 1000 company that that leads the world in the manufacturing of plastics and plastic injection molding. With more then a billion dollars in revenue, Riordan has decided to shore up their global business by developing a strategic plan that will take the company into the next five years. With global and domestic operations based in Michigan, California, Georgia, and China, Riordan has reviewed their business structure and revealed areas, which require the optimization of operational efficiency throughout company. Along with other companies, Riordan manufacturing shares competitive advantages in several avenues of manufacturing and business. Riordan’s focus on direct selling gives them a competitive advantage, as does their commitment to their employees, customers, and shareholders. Riordan’s commitment to the community is to provide low cost products, while at the same time sustain revenue and profitability growth. Riordan’s strong brand recognition in their industry gives them an advantage just as Apple, DuPont, GMC, and Nike have in their markets. Riordan’s strong engineering and R&D departments are known for their quality. Strategic Plan Over the years Riordan has expanded business operations from development, to large-scale manufacturing and finally to producing state of the art plastic injectors. Riordan expanded their operation when they acquired a manufacturing plant in Pontiac, Michigan, and...
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...I am using Riordan just as a model due to the team’s familiarity. It can be changed if needed. Riordan Manufacturing Riordan Manufacturing is a plastics manufacture founded by Dr. Riordan in 1991. The Company is wholly owned by Riordan Industries, a Fortune 1000 enterprise with revenues in excess of $1 billion. Over 550 people are employed in three plant located in Albany, Georgia; where plastic beverage containers are produced, Pontiac, Michigan; where custom plastic parts are produced, and Hangzhou, China; where plastic fan parts are produced. The company headquarters and the research and development labs are located in San Joe, California. Riordan's major customers are automotive parts manufacturers, aircraft manufacturers, the Department of Defense, beverage makers and bottlers, and appliance manufacturers. Riordan Manufacturing, Inc. currently has projected annual earnings of $46 million. History The founder of Riordan Manufacturing, Dr. Riordan, a professor of chemistry, has obtained several patents relative to processing polymers into high tensile strength plastic substrates. Understanding the usefulness of his patents in commercial applications, Dr. Riordan started Riordan Plastics. Originally; the focus of the company was the research and development of its existing patents, but in 1992, through ventured capital, a fan manufacturing plant was erected in Pontiac, Michigan. Under the new moniker “Riordan Manufacturing, Inc.”, Dr. Riordan broadened his rapidly expanding...
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...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 requires a...
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...Virtual Organization E-Business: Riordan Manufacturing BUS415 Virtual Organization E-Business: Riordan Manufacturing A global plastics manufacturer, Riordan Manufacturing employs over 500 people with projected annual earnings of $46 million. Riordan Industries, Riordan Manufacturing’s parent company is a Fortune 1000 enterprise with revenues in excess of $1 billion. Riordan's major clientele include automotive parts manufacturers, aircraft manufacturers, the Department of Defense, beverage makers and bottlers, and appliance manufacturers (Apollo Group, Inc., 2005). With manufacturing plants in Albany, Georgia, Pontiac, Michigan, and Hangzhou, China, Riordan’s e-business plays a vital role in continued growth. “E-business involves business processes spanning the entire value chain: electronic purchasing and supply chain management, processing orders electronically, handling customer service, and cooperation with business partners” (Wikipedia, n.d.). E-Business is taking new forms and enabling new business practices that may bring numerous risks. Protection of intellectual property is a major concern, but so are the value of contracts, domain names, and handling legal issues in a multinational environment. “Intellectual property rights, such as patents, copyright, trademarks, trade secrets, trade names, and domain names are very valuable business assets. Federal and state laws protect intellectual property rights from misappropriation and infringement” (Cheeseman,...
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...Request SR-rm-022, Part 1 BSA/375 Service Request SR-rm-022, Part 1 Riordan Manufacturing is a global plastics manufacturer employing 550 people with projected annual earnings of $46 million. All though Riordan Manufacturing Industries is a Fortune 1000 enterprise and a global manufacturer of plastic they currently do not have an integrated system that brings all the sites together as one.Currently, there are three sites that they manufacture from in Hangzhou China, Pontiac, Michigan, and Albany, Georgia. Riordan’s headquarters are located in San Jose, California, here the research needed to maintain Riordan’s success is done. Riordan Manufacturing, like any company, would not be able to experience any success without their loyal customers and the company’s steak holders. The key stakeholders within the Riordan Manufacturing Company that I would gather requirements from first would be would be management. After the management I would gather information from the employees. No one knows a company better then its staff. I would hold a meeting with the entire staff to decipher what the company’s current business challenges and future requirements this will as help me identify the company’s current and future business process flow. Once this is done key requirements which were gathered during the focus group will be consolidated into what will be foundation of the new system Riordan Manufacturing Company. The analysis tool I would propose for this project would be SDLC (Software...
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...Riordan Manufacturing BSA/500 September 9, 2013 Riordan Manufacturing This document considers the impact of external influences on Riordan’s business; assesses the current financial state of Riordan Manufacturing, using standard tools to analyze the income statement, balance sheet and cash position; examines the financial and accounting systems in use, and their efficacy; and, recommends potential improvements to these systems and their integration to other systems. These improvements include additional accounting software modules to facilitate reporting, internal and external audits, and regulatory compliance. Influences Riordan Manufacturing is a corporation that has several influences affecting business processes and its financial state. Most organizations are affected by economic, government, and legal influences to varying degrees. The key economic influences affecting Riordan Manufacturing are real GDP growth, inflation, labor cost, interest rates, global monetary values, and fuel prices. These economic influences have an effect on the operational cost and liabilities of Riordan Manufacturing. Tax rates, environmental regulation, customs regulations, and employment regulations are some key government influences that affect Riordan's operational cost and income taxes paid. Riordan is a multi-national corporation, the government influences of each nation Riordan operates in have different affects. The key legal influences are tax laws, environmental...
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...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 Strategic Plan MGT/498 University of Phoenix Dr. Sam Espiritu, DBA Riordan Strategic Plan Strategic Plan Riordan Manufacturing Inc. is a corporation that makes plastic custom fitted products for the government aircrafts, automobile industries and currently expanding into the medical fields its need to develop and execute a strategic plan to ensure long term performance and stability in the plastics manufacturing market. Riordan is a successful company and as of 2000 has expanded into the global market. Research reveals that organizations that engage in strategic management generally outperform those that do not (Wheelen & Hunger, 2010). We want to be sure that we continue to stay competitive, lead our business into the future, and outperform our competition by following this strategic plan. The road to a solid strategic plan starts with a foundation in the strategic management process. Step one of this process is environmental scanning. This will include both external and internal scanning; this scanning includes monitoring, evaluating and understanding the information and distributing to management within the company. The simplest way to conduct environmental scanning is the SWOT analysis (Wheelen & Hunger, 2010), this will be covered later in more detail however to information gathered from both SWOT and environmental scanning processes will provide the necessary tools needed to create monitor, evaluate and disseminate information throughout...
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...Competitive Advantages Riordan Manufacturing, Inc. is a corporation that focuses on the manufacturing of fans, plastic bottles, and plastic injection molding. Over the years Riordan Manufacturing Inc. has managed to expand its business into several cities and also around the world. A company who has a similar background is IKEA. IKEA has expanded its business to around the world branding itself as a household name. One way IKEA has a better competitive advantage over Riordan Manufacturing Inc. is the cost leadership strategy. IKEA has managed to sustain its operation by creating a product that is unique and which appeals to the masses but yet it is very cost effective to the consumers. Riordan Manufacturing has been able to stay in business due to the differentiation strategy but it could continue to grow globally and ensure its long term success by focuses on how it can reduce costs and pass that savings to the end users. IKEA has also used the cost focus strategy which has propelled its popularity and success globally. Using this method, IKEA has been able to identify a certain need in specific areas of the world and designed its furniture according to the style preference of that area while still keeping costs low and providing the savings to the end user. Riordan Manufacturing, Inc. could use this strategy to expand its products or manufacturing capabilities to specific groups of clientele around the world and beat out the competition cost wise. References ...
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...narrative will describe the history of Riordan Manufacturing, Inc. and go into Riordan Manufacturing’s service request from their COO, Hugh McCauley and his request for a more sophisticated, state-of-the art, information systems technology within their Human Resources department which will encompass all plant locations. A detailed project timeline will be drafted to encompass the service request and detail out the project approach and specifics of meeting its requirements. Company Riordan Manufacturing, Inc. was founded by Dr. Riordan, a professor of chemistry, who had obtained several patents relative to processing polymers into high tensile strength plastic substrates. Originally is started in 1991 as Riordan Plastics, Inc because of the commercial applications of Dr. Riordan patents. The company's focus on research and development and licensing of its existing patents led to a venture capital in 1992 to purchase a fan manufacturing plant in Pontiac, MI. That was when the name was changed to "Riordan Manufacturing, Inc." In 1993, another manufacturing plant in Albany, GA was acquired to produce plastic beverage containers. And in 2000, Riordan opened a new manufacturing facility in China. Their entire fan manufacturing operation moved from Michigan to China to leave the Pontiac, Michigan facility to retool for the manufacturing of custom plastic parts. Request and Scope On November 28, 2011, Hugh McCauley, COO, of Riordan Manufacturing wanted to meet to discuss and analyze...
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...Riordan Manufacturing is a plastics manufacturer with four locations, worldwide. Their corporate headquarters is in San Jose, California. They have three manufacturing plants in Pontiac, Michigan, Albany, Georgia and Hangzhou, China. They are a vibrant company with a long history of problem solving. One of their corporate challenges is training expenses, either for new employees or for new systems and new products. Riordan Manufacturing is looking to upgrade their IT infrastructure and implement a distance learning solution that will cut down or eliminate the need for trainers to travel around the United States and to China. Riordan Manufacturing needs to upgrade their computer systems because the competitive nature of business has created demands for continuous advances in computer technology and system design. The declining prices of computer systems and their increasing power and utility have led more enterprises to invest in computer systems to widen their range of business functions. The most common business uses of a computer system are for database management, financial management and accounting. Databases may be to help make strategic decisions through the use of software based on artificial intelligence. The database will include records and statistics of products, services and clients. By Riordan upgrading their computer system with a windows server they could save money and heighten productivity by enabling the remote desktop protocol to provide a great...
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