Dr. Riordan, Founder and All Employees FROM: Team A DATE: August 15, 2011 SUBJECT: Ratio Analysis CC: Board of Directors Team A has completed a ratio analysis for Riordan Manufacturing. The team analyzed liquidity ratios, profitability ratios, and solvency ratios. The team also did a horizontal and vertical analysis for company’s balance sheet and the income statement. Liquidity ratios are the temporary capabilities of a business to compensate for its established requirements and
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Metzger, Rhonda Calhoun, Mary Hess, and Dorenda Smith MGT/498 June 11, 2015 Mrs. Forsberg Strategic Plan Riordan has some competitive advantages in common with the companies researched last week. Those advantages are: long term relationships with customers and suppliers, and its global and international presence. Since Riordan opened its doors in 1991 it has obtained and retained business relationships with automotive parts manufacturers, aircraft manufacturers, the Department of Defense, beverage
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how Riordan manufacturing group can retain their employees. Retention of employees will give a lot of benefit to the concern: The employee retention will help a concern to get good turnover, will help to avoid interruption in service, to keep up the goodwill, to get back the efficiency etc.There are various reasons for employees to leave the organisation. If the organisation tackles the factors which are responsible for employees leaving the job they can retain their employees. Riordan manufacturing
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One of the many essential aspects of business development, including project management, includes belief how to develop a gap analysis. Many students feel that these projects are busy work; however, developed correctly the organization will better understand key points to the needed strategies that will assist an organization in obtaining industry leadership. This particular research paper is based on the Riordan Manufacturing organization created by the University of Phoenix, and establishes a
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service Service Request - Part 1 This service request will provide the requirements for the service request I will also explain two separate interviewing techniques that can be used during the planned projects. We will have to identify two factors to be sure that the information collected for the project is gathered accurately. The scope of the project will be outlined by specifying business roles that will be included in the development. We will also try to include and describe the project’s
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Riordan Manufacturing A review of Riordan Manufacturing functional areas business needs included an in-depth analysis of several areas including Human Resources, Marketing, Accounting, and Operations. The business need that will be furthered researched within this discussion will be in regards to Operations Inventory Control. According to the virtual organization portal, Riordan Manufacturing has five hundred-fifty employees and indicated there is a projection of $46 million annual earnings.
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Riordan Manufacturing’s Supply Chain Design OPS/571 August 3, 2015 Riordan Manufacturing’s Supply Chain Design Introduction A company’s supply chain design is crucial in helping to understand what the key activities and drivers are to the results produced which includes operational results, sales results, and financial results. An efficient supply chain will help a company to both efficiently and effectively produce a quality product to meet and satisfy customer demand. The key aspect involved
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Riordan Manufacturing Strategic Plan MGT/498 Riordan Manufacturing Strategic Plan Strategic managers have responsibility to both the employees and stakeholders of the organization. Engaging in strategic management decisions should include ethics and social responsibilities. The expectation of such responsibilities from stakeholders is to fulfill legal and ethical economic decisions. Satisfying the purpose of the strategic planning process for Riordan Manufacturing, the management
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Process Design for Riordan Manufacturing Joshua Kas-Osoka OPS571 July 6, 2010 Introduction Riordan Manufacturing’s owns three plants: Albany, GA where plastic bottles are produced; Pontiac, MI where it handles the company’s custom plastic fabrication, and Hangzhou, China that currently operates a decentralized unit of the organization producing electric fans. When creating a process design for Riordan’s fan production operation, it is important to create a holistic production system that
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Service Request Riordan Manufacturing Student BSA 375 May 26, 2013 Instructor Service Request Riordan Manufacturing Riordan Manufacturing is a global manufacturer of plastics founded in 1991 by Dr. Riordan. Dr. Riordan started Riordan Plastics to satisfy commercial applications for his medical patients using the processed polymers developed under his several patents. Now a global plastics manufacturer, Riordan Manufacturing employs 550 people and the annual earnings are projected around
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