...Riordan Manufacturing Business Systems Adam Estes Dhara Trivedi Joy Jeffries Shawn Parent Sonya De La Paz July 11, 2011 Introduction Riordan Manufacturing, Inc. is a company that specializes in plastic injection modeling. Their products range from plastic bottles all the way to plastic medical supplies, like heart valves and stents. They are completely owned by Riordan Industries. They began as an R&D (research and development) company called Riordan Plastics, Inc. in 1991, but developed into a manufacturing company when the founder, Dr. Riordan, purchased a fan manufacturing plant located in Missouri in 1992. The name was then changed to Riordan Manufacturing, Inc. After producing quality fans for a year, he expanded the product lineup to include plastic beverage containers after investing in another plant located in Georgia. In 2000, the company expanded to China, where fans were going to be produced from there on out. The plant in Missouri became the place of custom plastic parts production. Their mission statement is a combination of their focus, customer relationships, employees, and what they expect to achieve in the future. Well thought out, they are concerned with maintaining good customer relations by providing clients with top quality products and being the solution, not the problem. In order to give their clients the best in customer service, they have to make sure that their employees are well informed and trained to the standards that the company...
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...Riordan Manufacturing Accounting System Kim Mapes Darren Buchanan Stephen Settles Daniel Allen Mahendra Gossai BSA 500 – Business Systems I University of Phoenix Instgructor: Lise Hautzinger June 24, 2007 Riordan Manufacturing Accounting System Integration of software system for Riordan Manufacturing is necessary in producing accurate and up to date information, which will be available to all necessary people. This paper will discuss the integration of Riordan’s software as well as the effects integration will have on key accounting systems. Importance of Integrating Software Integration of software for Riordan Manufacturing has tremendous benefits. Benefits include accurate and error free payroll, accurate expense tracking for new products, projects, time, and operations, accurate and reduced inventories, detailed billing, collections, accounts receivable, accounts payable, and electronically generated entries into the general ledger. As orders are received they are input into the system. Each item ordered has its own distinct part number associated with it. As soon as production begins inventories used to make the product are removed from the system. The removal of raw material needed to produce the product will result in a more accurate real-time inventory. As production is completed information pertaining to payroll will be delivered through electronic entries of completed production. These entries will generate automated invoices, which in turn...
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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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...RIORDAN MANUFACTURING HR SYSTEM ANALYSIS BSA/375 UNIVERSITY OF PHOENIX ONLINE INTRODUCTION Originating in 1992 Riordan manufacturing is a worldwide leader in manufactured plastics. Founded by Dr. Riordan, a chemistry teacher, they currently operate out of four facilities: Hangzhou, Pontiac, Albany, and San Jose. They are a fortune 1000 Enterprise whose revenue exceeds 1 Billion dollars. Their major clients include: The Department Of Defense, automotive parts manufacturers, aircraft manufacturers, and appliance manufacturers to name a few. The system we will be analyzing is their first Human Resources Information System (HRIS), which was implemented in 1992. It is integrated into the company's financial system, use for keeping record of employee's data. That data includes: - Personal Information - Hire date - Pay Rate - Vacation Hours - Tax information - Date of Seniority - Organizational Information They plan on updating the current system with a newer, more efficient HR system. The HR integration project has already been approved, and they are awaiting a detailed project plan. this plan is to include the following: budget, tasks, resources, and schedule. There has been a six month deadline set in place for project completion. This will allow the company to begin using the new system, no later than the second quarter of the year. KEY STAKEHOLDERS In gathering information for the project, the following stakeholders have been identified as excellent...
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...Request SR-rm-004 Part 1 Analyze Riordan Manufacturing HR System Introduction Riordan Manufacturing is a global leader in plastics manufacturing market. The company has facilities in Albany, Georgia, Pontiac, Michigan, Hangzhou, China and San José, California. Riordan’s projected annual earnings are approximately $46 billion. The company began operations in 1992 with the company’s first functional Human Resources Information System. The current system is part of the financial systems package that tracks employee information. Recent analysis of the current HRIS has provided evidence indicating the system needs upgrading in order meet Riordan’s developing needs. To remain viable Riordan plans to update the current HRIS system with a more sophisticated HR system. The use of modern technology will be used to incorporate a variety of tools into a single integrated application. Plan The intent of this report will focus on Riordan’s current HRIS problems by developing a strategic plan for implementing a more advanced system. “The primary objective of the analysis phase is to understand and document the business needs and the processing requirements of the new system.” (Satzinger, J.W., Jackson, R.B., Burd, S.T., & Johnson, R., para. 26, 2004). Adjustments to Riordan’s HRIS will incorporate changes to the current financial system as well. Currently each location is experiencing problems with their financial and accounting system; thus, the problem stems from each...
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...Transaction Processing System of Riordan Manufacturing BSA/310 Transaction Processing System of Riordan Manufacturing Riordan Manufacturing is a global plastics manufacturer who is an industry leader in the field of plastic injection molding. They produce everything plastic from plastic containers, fans, plastic bottles and even heart valves and stents. With the amount of goods being shipped every day a critical information system is the transaction processing system (TPS) to keep track of the inventory in house as well as the products being shipped to the customer. A transaction processing system is one of the most important information systems because it is the building block from which the other systems receive their information. Without a transaction processing system management information systems, decision support systems, and enterprise resource planning, would not have the data needed to analyze to make the correct decisions in their systems. Transaction processing systems are used within a company to monitor and process large amounts of data used on a day to day basis. Companies will use a TPS to when processing orders, purchasing materials, updating inventory and accounts payable and received. After reviewing Riordan’s inventory management, they are using transaction processing system to keep their raw materials updated in the system. At the end of the day the receiving area supervisor will give the log of raw materials and associated shipping...
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...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. The San Jose office has an ERP and MRP system that handles inventory...
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...any business. Riordan Manufacturing must define objectives prior to choosing and designing their system. Once the objectives have been identify then the design process can start. With the equipment needs, implementation requirements, and workflow clearly understood these are describe in more detail in order to design the appropriate system. The designing itself is accomplished after many interviews in order to capture the real needs, by using flowcharts, scale models, and even some process simulation software (Dennis, Wixom, & Ruth, 2012). A client server architecture services would be beneficial for Riordan being that this nonfunctional requirement could have more benefits than a server based or client server. There are four major benefits in a client server; scalability, adaptable support, reliable networking and separation of logic: a) Scalability adjusts storage and processing within the server b) Adaptable support is the ability to support different client and servers. The server can also separate logic’s without changing any other data. c) Reliable networking allows the server to maintain the network in case of any errors or application crashes d) Separation of logic facilitates reasoning (Dennis, Wixom, & Ruth, 2012) Security controls Security in a company’s information system is in today’s market is the number one priority. In order to keep Riordan Manufacturing safe from outside malicious and strange activities the system needs security...
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...Riordan Manufacturing Team A University of Phoenix Strategic Management MGT\498 William Etherton July 17, 2013 Riordan Manufacturing Riordan Manufacturing is a worldwide plastics manufacturer employing 550 persons with projected yearly earnings of $46 million. The company is entirely owned by Riordan Manufacturing Industries, a Fortune 1000 enterprise with revenues in excess of $1 billion. Riordan is well established locally and nation-wide, although they are based out of San Jose Riordan has a manufacturing plants in China, Georgia and Michigan. Every company no matter how well it is doing professionally as well as financially always has room to grow and better themselves. Riordan has thought of different ways to remain competitive in an ever-dynamic environment, Riordan Manufacturing must stay current with the latest technology, recent developments in the industry, and attend to the needs of its customers. After telecommunications and data networking systems require an upgrade to a better support of the company’s recent and future growth needs, long-term relationships will be required by maintaining rigorous quality controls, innovative solutions, reasonable pricing, and a responsive business attitude. (B, 2009) Riordan Manufacturing will strive to be a solution provider for their customers and not be a part of theirs customer’s challenges. Future is must be focused in maintaining and achieving reasonable profitability to assure that the human capital and financial...
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...OPS 571 WEEK 6 RIORDAN MANUFACTURING A+ Graded Tutorial Available At: http://hwsoloutions.com/?product=ops-571-week-6-riordan-manufacturing Visit Our website: http://hwsoloutions.com/ Product Description OPS 571 Week 6 Riordan Manufacturing, 1991: Founding of Riordan Plastics 1992: Dr. Riordan purchased a fan manufacturing plant in Pontiac, MI and the company became Riordan Manufacturing, Inc. 1993: Acquired plant in Albany, GA and began to produce plastic beverage bottles 2000: Riordan opened a plant in Hangzhou, China and moved all fan manufacturing here. – Using quality control measures to constantly track progress and monitor the qualities will maintain high standards and reach the goal of zero defects. Riordan’s post project review process the eight quality management principles. 1)Customer Focus 2)Leadership 3)Involvement of people 4)Process approach 5)System approach to management 6)Continual improvement 7)Factual approach 8)Mutually beneficial supplier relationships Following the environmental standards help control the environmental impact on the communities surrounding the manufacturing plants Securing raw materials locally helps Energy efficient facilities Reduce, Reuse, Recycle, Replenish, Restore are the guiding principles to living up to the ISO 1400 standards D= Production moves material to manufacture and on to assembly and out to distribution material stockpiling and delivery are put off at the point of manufacture...
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...Making it in America In the article Making it in America Adam Davidson takes time to interview different employees at Standard Motor Products to determine how it is treating them and how factories are changing in time. Adam is receiving a tour of the plant by manager Tony Scalzitti where he sees many factory workers in blue lab coats, hair nets, and protective eyewear. This is where Adam first runs into Madelyn Parlier. Madelyn Parlier was a 22-year-old woman working in the assembly line at the factory. Her occupation was seemed to be an unskilled job and didn’t require much education or experience. It was all about quickness and effectiveness for Madelyn and that was something she was great at. Madelyn grew up in Greenville, SC and was attending high school and planning on going to college when she got pregnant her senior year. Because of this she couldn’t go to college so like most people there she got a job working at the local Standard factory. Madelyn’s job was to run the laser-wielding machine. All she did was place the parts in the machine and press a button for them to be wielded and if correct a green light appears and she passes the part to the next line in process. With this being such an unskilled job there is always that chance of Madelyn being replaced by a robotic arm or machinery that can do this job for her and in turn create less wages for the company to pay for. Over the last 30 years employment of people in factories have gone down 1/3 because of machinery...
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...maintain its leadership in the market as a manufacturer of jeans and also is to increase firm’s profitability and growth. The goals of the company are different from the company’s marketing organization goals and the company’s 25 managers of manufacturing plants goals. The reason so, is because the marketing department is treated as a “Revenue Centers”, while the firm’s 25 plants are treated as “Expense Centers”. The goals of “Revenue Center” are to sell manufactured goods and to maximize revenue. Furthermore, marketing department is responsible for making product demand forecasts which are used to set sales unit and sales dollar targets. Whereas, the goals of “Expense Centers”, manufacturing plant, are to meet the budget, achieve cost efficiency, achieve good product quality, and reach the quota that is assigned to each plant. In Grand Jean’s case, the “Expense Centers” would be considered as an Engineered Expense Centers because their input for the most part can be measured in monetary terms and the $ amount of input required to produce one unit of output can be determined. Some of the weaknesses of the current management planning and control system for the manufacturing plants and the marketing departments include: o The reward system is not fair. Personnel located at corporate headquarters are awarded...
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...exhibit worksheets, and Power- Points for quick review. 56 I What Would You DoP Gap, lnc. Headquarters, San Francisco, California.r When you a decent standard of living and allow workers to organize unions to improve decided to join Gap as its new CEO (Gap, lnc. runs Gap, Banana Republic, their conditions in factories." ls Gap the only company that relies and Old Navy clothing stores), your teenage daughter immediately asked, on such suppliers? No, it isn't. According to Kirk Douglass of pivot lnterna- "Doesn't Gap use sweatshops?"you stockholders, suppliers, overseas weren't surprised by her question, as the company has received intense negative news coverage regarding the tional, a manufacturing company that owns factories in the Philippines and workers, or protesters-take precedence? Furthermore, is Gap really does work with Chinese companies,,,lf you go into almost any plant in the treatment of workers in the overseas factories from which it buys its clothes. responsible for the terrible treatment of overseas workers? ln other words, nondeveloped countries of the Far East, you're going to see things that is this your problem, or a problem that the managers and owners of the overseas factories need to address? For example, a worker for a Gap OSHA fOccupational Safety and may lower sales and reduce profits. how do you decide whose interests- supplier in Lesotho, Africa, complained, "The...
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...An economic revival is here according to an article in The Atlantic titled “America’s Coming Manufacturing Revolution”. In the author’s own words, “The combination of lower energy prices, innovative information technologies, and advances in robotics and materials science are powering a manufacturing revolution that will reinvigorate the U.S. economy,” (Naím, Apr. 21, 2014). Bold words considering the recent financial crisis and drama in the geopolitical arena, but is there enough evidence to back his claims of this so called “manufacturing revolution”? Several news outlets are reporting gains in manufacturing operations such as increases in labor and use of factory space. Using this information, I hope to describe the elements used to determine manufacturing output and their overall effect on the manufacturing sector from the viewpoint of an accountant. In cost accounting for manufacturing companies, direct labor, direct materials, and manufacturing overhead are typically on the top of the spreadsheet and correlate with the amount of goods being produced. In regards to labor, the ADP research institute reported an additional 28,000 workers hired by US manufacturers in March of this year. (Woellert, Apr. 2, 2014) Although the ratio of direct laborers to indirect laborers is not stated, variable costs in US manufacturing certainly have risen, which is almost always associated with a rise in activity levels. Unfortunately, the ADP’s assessment did not include information...
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...below: Successful IT transformation including accomplishment of key milestones including ERP, Non ERP and MES (Manufacturing execution system) through an IT Master plan Enable KRL in enhancing the competitive advantage through operational excellence. Implementation of an Integrated Refinery information system Determine the IT requirements for supporting the envisaged systems and formulating of a road map for the implementation of the initiatives specified over time Implementing Business management system and manufacturing execution system Enhancement of IT infrastructure by integrating best in class packages and providing users and applications common set of accurate data in complex decision making Critical success factors are illustrated through the following: Setting of benchmark for benefits received as a result of this implementation through three benefit categories being benefits that can be measured and audited, benefits that can be measured and not audited and benefits which are difficult to measure They are also illustrated through how KRL implemented the two main strategic projects in BMS from SAP and MES from Aspentech 2. Do we have any risks in product implementations like ERP? If so what were the major risks during the implementation of SAP and how it was mitigated? There are some common risks associated with with the overall success of a systems project Some of which are application complexity, lack of user experience, and lack of role clarity of role...
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