Riordan Manufacturing BSA/500 IT Business Systems I August xx‚ 2013 Riordan Manufacturing was founded in 1991 by Dr. Michael Riordan‚ a professor of chemistry. After sensing the commercial application of several of his patented Polymer processes‚ Dr. Riordan started Riordan Plastics‚ Inc.‚ which initially focused on research and development. In 1992
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Riordan Manufacturing Revenue Cycle Accounting information systems provide the tools to operate and maintain important data related to an organization and interpret the information to develop quality financial reports. The revenue cycle of Riordan Manufacturing reflects sales and the components associated with sales such as inventory‚ freight‚ cost of goods sold and accounts receivable‚ yet this information is not readily available to each facility. Because the forecast for the company is positive
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Production Plan for Riordan Manufacturing Riordan Manufacturing strives to be the leader in using polymer materials to provide solutions to customer’s challenges. The main focus is to achieve and maintain reasonable profitability to assure that the financial and human capital is available for sustained growth. In order to obtain these goals Riordan Manufacturing will need to have a strong production plan. Strategic Capacity Planning Riordan Manufacturing has Chinese business partners with
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Currently at Riordan Manufacturing there type of formal power structure is reward power. This means employees are motivated to perform on the basis of reward at the yearly performance evaluation. Other types of incentives offered for performance for being an outstanding employee‚ length of service and an employee suggestion program. (“Riordan Manufacturing”‚ 2013) Because of the reward system‚ the informal power structure is related to referent and expert power structure. The direct effect of power
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Go Green Assalamualaikum Wr.Wb. With all due respect to the honorable judges‚ that i love contest participants who are really excited to make this earth greener‚ good morning. First of all‚ let’s thanks Allah SWT‚ because His blessing‚ we all can gather here on this sunny morning. Shalawat and prayer‚ we send to our greatest prophet Muhammad SAW‚ his family‚ his friends and his followers‚ Ameen. I will start my speech by asking a question. Do you already know what it means “go green”? Yes‚
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Riordan Manufacturing Outsourcing Plan Introduction Riordan Manufacturing (RM) is an established global plastics producer‚ which employees 550 individuals and their projected annual earnings are $46 million. RM has production divided among three plants. RM’s mission is to focus on achieving and maintaining profit that ensures that the financial and human capital is available to sustain growth. In week three‚ team C established four potential outsourcing options. Of those four potentials‚ RM
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Riordan Manufacturing This paper takes a good look at the situation‚ opportunities and challenging issues that are facing Riordan Manufacturing Company. Through analyzing the situations‚ opportunities‚ and challenges the true problem with Riordan ’s human capital is realized. The end-state goals will direct Riordan Manufacturing to improve human resource practices‚ which will give Riordan a sustained competitive advantage (Dreher & Dougherty‚ 2001). Situation Background Riordan Manufacturing is
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Identify Purpose: To inform my audience and to influence a change. Goal Statement: To educate the audience about going Green. Thesis Statement: I will let my audience know about the benefits of going green‚ how to implement it into their everyday lives‚ & why they should Go Green. Body: As of today Americans make up 4% of the world’s population‚ yet we produce 25% of the world’s carbon dioxide pollution‚ from fossil fuel burning. That’s more than China‚ Japan‚ & India combined. And every
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Operations Officer of Riordan manufacturing sent out two memos with regards their China relocation and the IT Special Project. The persons contacted were Charles Williamson‚ VP of International Operations; Dale Edgel‚ Chief Financial Officer; Lowell Bradford‚ Chief Legal Counsel; Clyde Cousins‚ VP of Transportation; Maria Trinh‚ Chief Information Officer; Robert Lord‚ Director of Plant Operations who lives in China; and the company’s namesake‚ President‚ and CEO Michael Riordan. Persons in all levels
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Go Green Have you ever been told to “go green”? “Go green” is becoming a commonly known phrase‚ even though the concept is not new. Chances are you have heard this term in regards to your home‚ transportation‚ or shopping. So what does it mean anyway? Well a simple answer is to make choices in how you live and use resources that are environmental conscious‚ while keeping pollution and waste to a minimum. Many people have made going green a lifestyle and their behaviors directly influence their
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