Running head: RIORDAN MANUFACTURING ANALYSIS
Riordan Manufacturing Analysis
University of Phoenix Online
BSA 500
Abstract
Riordan Manufacturing is a global plastics manufacturer and a leader in the field of plastic injection molding. This paper will provide a brief background history of the company, some identified core values, ratio analyses, a variance analyses on the companies financials, an analysis of the current accounting systems and recommendations on providing appropriate communicative and data gathering software for the future accounting systems.
Riordan Manufacturing Analysis
The objective of this paper is to provide an analysis of Riordan Manufacturing’s financial situation and its current financial system. Included in this paper is a brief overview of company values, an analysis of company financial statements and ratio’s, accounting modules, and additional modules that should be connected to Riordan’s accounting system.
Company Background & Core Values
Founded by Dr. Riordan in 1991, the company's focus was on research and development and the licensing of its existing patents, but in 1993, the company expanded into the production of plastic beverage containers when it acquired a manufacturing plant in Albany, GA. Their advanced capability allows them to create innovative plastic designs that have earned international acclaim. Currently with 550 employees and facilities in Albany, Georgia, Pontiac, Michigan, Hangzhou, China and San Jose California they have projected annual earnings of $46 millions.
Riordan Manufacturing values being a nationwide leader in implementing diversity in the workplace. Through innovative ideas from many different cultures and traditions Riordan designed a company where recruitment, development and retention of diverse talent are a priority. Employee diversity continues to enhance the development and delivery of innovative products to customers all around the world. Global marketplaces and the... [continues]
Riordan Manufacturing Analysis
University of Phoenix Online
BSA 500
Abstract
Riordan Manufacturing is a global plastics manufacturer and a leader in the field of plastic injection molding. This paper will provide a brief background history of the company, some identified core values, ratio analyses, a variance analyses on the companies financials, an analysis of the current accounting systems and recommendations on providing appropriate communicative and data gathering software for the future accounting systems.
Riordan Manufacturing Analysis
The objective of this paper is to provide an analysis of Riordan Manufacturing’s financial situation and its current financial system. Included in this paper is a brief overview of company values, an analysis of company financial statements and ratio’s, accounting modules, and additional modules that should be connected to Riordan’s accounting system.
Company Background & Core Values
Founded by Dr. Riordan in 1991, the company's focus was on research and development and the licensing of its existing patents, but in 1993, the company expanded into the production of plastic beverage containers when it acquired a manufacturing plant in Albany, GA. Their advanced capability allows them to create innovative plastic designs that have earned international acclaim. Currently with 550 employees and facilities in Albany, Georgia, Pontiac, Michigan, Hangzhou, China and San Jose California they have projected annual earnings of $46 millions.
Riordan Manufacturing values being a nationwide leader in implementing diversity in the workplace. Through innovative ideas from many different cultures and traditions Riordan designed a company where recruitment, development and retention of diverse talent are a priority. Employee diversity continues to enhance the development and delivery of innovative products to customers all around the world. Global marketplaces and the... [continues]
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(2008, 03). Riordan Manufacturing Analysis. StudyMode.com. Retrieved 03, 2008, from http://www.studymode.com/essays/Riordan-Manufacturing-Analysis-136886.html
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"Riordan Manufacturing Analysis" StudyMode.com. 03 2008. 03 2008 <http://www.studymode.com/essays/Riordan-Manufacturing-Analysis-136886.html>.
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"Riordan Manufacturing Analysis." StudyMode.com. 03, 2008. Accessed 03, 2008. http://www.studymode.com/essays/Riordan-Manufacturing-Analysis-136886.html.
