...Riordan Manufacturing-Business Systems Review Student Name BSA/310 Riordan Manufacturing-Business Systems Review Mission Riordan Manufacturing is the industry leader in the field of plastic injection molding. Innovative plastic designs are Riordan's specialty used in the manufacture of medical stents, heart valves, fans, plastic bottles, and other custom parts. One of the fastest growing organizations in its field, Riordan Manufacturing is a for profit organization with annual earnings of up to $46 million. Full potential of growth and profit generation for Riordan Manufacturing is not being achieved. The focus for the company's future and their mission statement is "achieving and maintaining reasonable profitability to assure that the financial and human capital is available for sustained growth. 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. And we will strive to be a solution provider for our customers and not be a part of our customer's challenges." There is room for improvement in all successful companies, including Riordan Manufacturing. To reach its full potential of generating profit, and to grow as an organization, there is a need for improvements to all business systems in all departments. Description Finance and Accounting All financial transactions for the company are the responsibility of the Financial and Accounting Department of Riordan Manufacturing...
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...Functional area relationship: Riordan manufacturing BUS\475- Integrated Business Topics Riordan Manufacturing Riordan is the largest industry capable of making polymer products .Their products are unique and are well designed. They are proud on their strategic planning and intelligence due to which they are able to make unique products. To satisfy their customers and fulfill their demands, the mission of the company is that the work and processes should be perfect and precise. Riordan manufacturing have well disciplined staff, proper management, excellent strategic planning and time to time communication are the qualities of Riordan can be analyzed through their way of working in new projects. To fulfill the client’s requirements they work in intensive care environment to make their product perfect. Due to remarkable reputation Riordan is spreading their industry to provide better services and products to the maximum number of clients all over the world. According to the need of the market they have now started to make medical supplies and plastic bottles. They are trying to get maximum resources to make different variety of products from the polymer. To make their reputation regarding to superior quality they have build a plant in china to supply their product globally. The motive of Riordan is that “No compromise in quality”. Reasons for Riordan’s existence Riordan is marketing their products worldwide. The aim of the company is that maximum number...
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...Running Head: Riordan Manufacturing Learning Team C: Richard Gioia, Tifany Read, Timothy Bergeron BSA/310 6/22/2014 Riordan Manufacturing Incorporated owned and operated by Riordan Industries, which is a Fortune 1000 enterprise with current revenues in excess of $1 billion US dollars. Riordan Manufacturing currently employs 550 people and has projected annual earnings of $46 million US dollars. Riordan Manufacturing is broken up into multiple plants. Plastic beverage containers are currently in production in Albany, Georgia, custom plastic parts production is in Pontiac, Michigan, and plastic fan parts production is in Hangzhou, China. The research and development facility currently resides at the corporate headquarters in San Jose, California. The majority of their customers are automotive parts manufacturers, aircraft manufactures, the Department of Defense, beverage makers and bottlers, and appliance manufactures. The mission of Riordan Manufacturing focuses in achieving and maintaining reasonable profitability to assure that the financial and human capital is available for sustained growth. Using Six Sigma, leading edge R&D and exceeding ISO 9000 standards, are the attitudes and abilities by which Riordan Manufacturing are defined. Riordan Manufacturing will continue to lead the industry in using polymer materials to provide solutions to meet their customer’s challenges. The responsibility of the Stakeholders for the Riordan Manufacturing Service Request...
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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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...Riordan Corporate Compliance Plan Law 531 Riordan Corporate Compliance Plan Riordan Manufacturing, as a global plastics manufacturing company, has become a pioneer in its industry and has an employment base of approximately 550 people and has an annual earnings projected around $46 million. The company possesses a plant in Albany, Georgia that produces containers for beverage companies, a plant for manufacturing custom plastics in Pontiac, Michigan, and its Hangzhou, China plant develops plastic parts for fans. Riordan’s research and development group holds the title as the industry leader in identifying industry trends in research and development. Research and development activities are performed at Riordan’s corporate headquarters in San Jose, California. Beverage companies, automotive, aircraft, and appliance parts manufacturers and the Department of Defense are clients who can be found at the top of Riordan’s list of customers (University of Phoenix, 2012). Current Situation Riordan Manufacturing has recently suffered some strategic changes in the production and marketing areas. There are times when these types of changes begin to affect employee retention numbers. In order to make a business prosper, the company must take care of their employees. These leaders are concerned that employees might have private information and share it with commercial competitors. The other issue is that management is troubled that employees may leave because...
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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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...BSA375 March 14th 2014 Fred Bennett Service Request Part 1 Riordan Manufacturing is a global producer and manufacturer in the global plastics industries and has about 550 people that have a projected annual earning of over $46 million dollars. Riordan has a manufacturing plant located in Albany, GA that is capable of producing plastic beverage containers, another plant that is located in Pontiac MI that is capable of producing custom plastic parts, and another plant located in Hangzhou, China that produces plastic fan parts. The corporate offices and research and development department of Riordan are located in San Jose, California. Riordan Manufacturing is part of Riordan industries Inc. and this company is a fortune 1000 enterprise and it has revenues that exceed 1 billion dollars ("Riordan Manufacturing", 2013). The COO of Riordan manufacturing Mr. Hugh McCauley has given a Service Request SR-rm-022 to Smith Services Consulting Inc. Mr. Hugh would like Smith services to integrate an existing variety of human relations tools within a single integrated application that would use the human relations existing tools. This request from the COO will have an affect on all plant locations for Riordan Manufacturing. Riordan is trying to take advantage of new technology and be more sophisticated in ways of operating there Human Resources department. Some of what is expected from Riordan Manufacturing is that the Human Resources department will be capable of meeting the...
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...Abstract Riordan Manufacturing conducts an information systems security review over IT security issues that exist in different plants to prepare for an upcoming audit in accordance to the Sarbanes-Oxley Act. Several elements of the organization's information systems require revisions and updates to optimize physical and network security, data security, and Web security. SR-rm-013: Network, Data, and Web Security The Sarbanes-Oxley Act (SOX), passed in July 2002, requires publicly traded companies to submit accurate and reliable financial information. Securing private information is not included in its requirements; however, establishing security controls for confidentiality, availability, and integrity of the reporting are (Kim & Solomon, 2012). Riordan Manufacturing is preparing for an audit in compliance with SOX and is conducting an information systems security review over its physical and network security, data security, and Web security. Physical and Network Security Riordan Manufacturing performs an information systems security analysis over its physical and network security. Several elements of the IT system require revisions, such as restrictions to physical access to vital IT systems and upgrades to outdated systems within the network. Physical Security After analyzing the headquarters and Riordan’s other sites it was found that they were not designed nor equipped in the same fashion. The most important thing in the Riordan Manufacturing Company with...
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...Riordan Business Systems Verne Weikle BSA/310 August 12, 2012 Michele Petrone Executive Summary Riordan Manufacturing’s (Riordan) Chief Executive Officer has requested a review of all Riordan’s business systems issued on Service Request SR-rm-012 (University of Phoenix, 2013). The comprehensive review will provide management the information needed to determine any improvements to Riordan’s business systems. First, the review will assess Riordan’s existing business systems by department while noting any interrelationships between departments. The review will also provide any business system suggestions that will increase productivity in each department. The Accounting & Finance and Operation department’s two primary alternatives are consolidating the Enterprise Resource Planning (ERP) at San Jose and the Enterprise Application Integration (EAI). Other improvements are implementing Vendor Management Inventory (VMI), adding access control to the intranet, implementing both Customer Relationship and Management systems, and workstation upgrade at the Pontiac plant. Departments reviewed are Accounting & Finance, Human Resources, Legal, Sales & Marketing, and Operations. Accounting & Finance The accounting systems at Riordan’s 3 plants and headquarters operate completely independent of each other. Monthly accounting records from the 3 plants are all consolidated to the headquarters’ accounting system at San Jose by uploading files and manual entry...
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...Riordan Security Plan CMGT/441 October 14, 2013 University of Phoenix Executive Summary: Riordan Manufacturing is a global corporation and has been performing both research and development activities and manufacturing plastics products for a number of uses since 1992. Riordan’s R&D efforts supply the company with new products to break into new markets, most recently the health care market. Riordan has grown and now has three United States locations and one location in China. Each location has a recently upgraded its information technology infrastructure including their network hardware and software. Riordan has also kept up with quality standards for its management and manufacturing operations, including following Six Sigma and ISO 9000 quality standards. The Sarbanes-Oxley Act of 2002 requires Riordan to implement some changes to their security processes to ensure compliance with the new law. The Sarbanes-Oxley Act is focused on to the regulation of corporate governance and financial practice, maintaining the security of all financial data and ensuring the systems that access or store financial data and information must be secure to maintain compliance and pass an audit. Team B responded to the service request SR-rm-013 by performing an analysis of Riordan’s current network, data, and web security issues. Team B’s analysis focused on the security of information to ensure Riordan will be able to pass a security audit as a result of the Sarbanes-Oxley Act....
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...International Supply Changes As Riordan Manufacturing proceeds with their new line of perfume bottles, they realize that their production facility in Albany, Georgia, is at capacity. With a new line of plastic bottles to manufacture, Riordan has purchased a plastic molding facility in Hermosillo, Mexico. In addition, Riordan has learned that customers want them to ship perfume bottles to Howard Beach, New York as well as Vancouver, Canada. These changes will force Riordan to make changes to their supply chain to ensure they can continue to service their customer at a high level. Solution(s) to the changes and/or problems The new plastic molding plant in Hermosillo, Mexico will present Riordan Manufacturing with a new set of problems and changes to contend with. A new manufacturing facility in Mexico and an additional delivery point in New York will force Riordan to expand their supply chain operations to include the two new locations. Challenges Riordan may face include increased lead times to get raw materials to the new manufacturing plant in Mexico, and increased lead time to get the perfume bottles to the Vancouver and New York locations. Riordan may also experience increases in freight costs for customers, and the potential for quality issues with the new manufacturing plant. To combat these potential issues, Riordan Manufacturing must research and implement solutions. One solution to consider is researching how the plastic manufacturing plant in Mexico is accustomed to doing...
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...Process Design for Riordan Manufacturing Riordan Manufacturing is a “wholly owned subsidiary of Riordan Industries, a Fortune 1000 company” with a projected income of $46 million and around 550 employees (University of Phoenix, 2013). Riordan Manufacturing is a global manufacturer in the plastics industry, including fans, medical devices, and bottles. Riordan Manufacturing strives to meet the increasing customer demands for plastics. The company recently identified some issues with its current production plan, such as the need for technology and the need of timely and shared information among departments, plants, and customers. Riordan Manufacturing has plans to achieve higher capacity ratio, cost-effective transportation, reduced levels of inventory, decreased wastage, and the implementation of an Enterprise Resource Planning. In this study, there will be a review of Riordan Manufacturing’s operational strategy and an addition of the topic of process design to it. “The process design includes the selection of appropriate technology, sizing the process over time, the role of inventory in the process, and locating the process” with quality management as its main focus (Chase, Jacobs, & Aquilano 2006, p. 24). A proposal for a Process Design for Riordan Manufacturing in regard to the electric fans system will be given. It will include Material Requirements Planning for the manufacturing of the electric fans, process design for production, and new supply chain taking advantage...
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...Functional Area Relationships: Riordan Manufacturing BUS/475 – Integrated Business Topics March 1, 2010 Dr. Laura Pogue Functional Area Relationships: Riordan Manufacturing Riordan Manufacturing boasts their strategic capabilities and intellectual property strength as having the patents for major polymer material substrates. Because of these patents, Riordan is able to build unique products which create opportunity for their clients. The mission for Riordan is to be a company which pays attention to detail, practices extreme precision, and quality control. The attributes of the Riordan mission are seen throughout the processes of all Riordan projects. Careful checks and balances are placed throughout the process of generating new products which provide Riordan with the ability to create new products to meet the “unique needs” of their clientele. Riordan manufacturing exists to provide innovative products to meet customer needs. While Riordan may have started out holding patents for unique polymer processing substrates, the vision and goals did not stop there. Riordan manufacturing produces medical supplies, plastic bottles, and also owns a manufacturing plant in China which produces fans. The basic focus of Riordan manufacturing is to build a name trusted by clients to be superior quality regardless of the product. Reasons for the organization’s existence Riordan Manufacturing has 550 employees globally who are part of a Fortune 1000 enterprise...
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...Riordan Manufacturing System Proposal October 10, 2013 Riordan Manufacturing System Proposal Executive Summary Team C’s goal is to facilitate Riordan Manufacturing in improving profitability by reducing employee time on actions and processes that are automatable and avoidable. Team C’s objective is to reduce costs and inefficiencies while adding the ability to improve inventory tracking from raw material beginnings to product sales throughout Riordan Manufacturing’s plants and facilities. A new manufacturing resource planning system (MRP) will allow Riordan Manufacturing to grow and remain competitive. Team C will work to create an MRP system for use by Riordan Manufacturing for tracking inventory and improving manufacturing tracking systems. Team C is confidence that one server in a central location will allow each of Riordan Manufacturing’s facilities to manage inventory better and improve the processing and storage of all data. Housing a backup server at another location will protect data for Riordan Manufacturing. This will save in labor costs by having fewer IT employees at each of the facilities that no longer house servers. Currently when shipments arrive the supervisor is responsible for checking in the material to coincide with the shipping orders. At the end of the day a clerk enters this information into the database. Team C will utilize the use of bar scanners to eliminate unnecessary paperwork. The use of bar scanners will free up workers to be available...
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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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