Riordan Manufacturing– Business Systems Analysis
Riordan Manufacturing leads the industry in the field of plastic injection molding. The organization specializes in innovative plastic designs, manufacturing plastic bottles, fans, heart valves, medical stents and other custom plastic parts. As a for-profit organization, Riordan Manufacturing is one of the fastest growing organizations in its field, with annual earning that averages up to $46 million. Though the company’s annual earnings seems like it is well off, Riordan Manufacturing is not reaching its full potential of growth and profit generation. According to the mission of the organization, the focus for the company’s future 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.” Like all successful companies, Riordan manufacturing always has room for improvement. In order for Riordan Manufacturing to grow as an organization and reach its full potential of generating profit, the organization must implement enhancements to all of its business systems for all departments. Internet Site
Riordan Manufacturing’s website is the first face of the company that most consumers see. The website consists of the stylish Riordan logo in the upper left corner of the page. The upper right corner houses the address, phone number and contact info of the main headquarters in San Jose, California. The middle left of the webpage gives a brief description of the company. Next to that there are a couple pictures of products that the company makes with a list of some of the other products that are finally the lower left-middle of the webpage shows a picture of Riordan Headquarters. Although the Internet webpage seems easy to read and appealing to look at, the webpage lacks key features to be an effective advertising tool. The webpage needs to contain more information for the first time costumer searching for plastic injection molding. The logo is nice and the brief description is good to introduce the company to the consumer. However, there needs to be a link to allow the viewer the opportunity to read more into Riordan’s history and background. Another important area of the webpage that needs improvement is the contact information. The e-mail address under headquarters address and phone number is incomplete. A “Contact Us” hyperlink needs to be provided. This hyperlink should contain the full contact information (address, phone number, and e-mail address) for all four of the Riordan Manufacturing locations. The last section of the webpage that can use more detail is the list of “Some of Our Products”. This list needs to be a complete full list of all products available so consumers can have no doubt in what is available. Each product also should be a hyperlink directing to different pictures of the products available. Description
Finance & Accounting
The Finance and Accounting Department of Riordan Manufacturing is responsible for all financial transactions of the company. This includes accounts receivable, accounts payable, creating financial reports for review by upper management, purchasing, budgeting, and forecasting. Riordan Manufacturing has 3 operating entities; Georgia, Michigan, and California, with also a joint venture in the People’s Republic of China. Each location has its own Finance and Accounting Systems, and all provide input that is consolidated at Corporate Headquarters, in San Jose, California. The components of each system include: General Ledger, Accounts Payable, Accounts Receivable, Order Entry, Procurement, Sales and...