Summary: Riordan Manufacturing
Running Head: RIORDAN MANUFACTURING INC MANAGEMENT REPORT
Riordan Manufacturing, Inc.
Management Report
University of Phoenix
Systems Analysis and Development CMGT/555
April 27, 2009
History and Background
Riordan Manufacturing, Inc. (Riordan) was founded by Dr. Riordan, a professor of chemistry, who had obtained several patents relative to processing polymers into high tensile strength plastic substrates. Sensing the commercial applications for his patents, Dr. Riordan started Riordan Plastics, Inc. in 1991. Initially, the company's focus was on research and development and the licensing of its existing patents. (Apollo Group, 2006) However, in early 1992, Dr. Riordan, faced with high demand and short supply for the patented …show more content…
Demand continued to increase for the plastic substrates while fixed unit costs began to decline, prompting Dr. Riordan to break ground for a plant expansion. Further, the State of Michigan started experiencing soaring unemployment rates due to the state’s largest industry, automobiles, which began laying off thousands of skilled plant workers.
Therefore, Michigan decided to offer a million dollar tax incentive to other industries to expand employment and lower the state’s unemployment rate. Riordan Plastics, Inc. was one of the first companies to be awarded the full million dollar tax incentive prompting the June 30, 1992 filing of articles of incorporation in the state of Michigan and legally changing the corporate name from Riordan Plastics, Inc. to Riordan Manufacturing, …show more content…
Team B will be recommending ways to integrate the existing variety of tools used today into a single integrated application. The executive staff would like to take advantage of a more sophisticated, state-of-the-art information technology system for the human resources department. The catalyst for the system improvement at Riordan Manufacturing is to manage effectively the human resource department. The business requirements for the HR system are to create a detailed project plan that will describe information-gathering techniques and design methods. This project will list all the tasks, resources, schedule, and budget requirements for project completion. From start to finish, the project is estimated to be completed in approximately six months in order to use in the second quarter of the next year. The stockholders of this project will include the project sponsor, project manager, representatives from human resources, information technology (IT), and accounting. The project sponsor will review and approve the completion of each phase of the project. Interviewing stakeholders is by far the most effective way to understand business function and business rules (Satzinger, 2004)
Human Information System (HRIS) Research and Review
Analysis of Riordan’s current HRIS system shows that it was originally installed in 1992. The HRIS is part of the financial systems
Riordan Manufacturing, Inc.
Management Report
University of Phoenix
Systems Analysis and Development CMGT/555
April 27, 2009
History and Background
Riordan Manufacturing, Inc. (Riordan) was founded by Dr. Riordan, a professor of chemistry, who had obtained several patents relative to processing polymers into high tensile strength plastic substrates. Sensing the commercial applications for his patents, Dr. Riordan started Riordan Plastics, Inc. in 1991. Initially, the company's focus was on research and development and the licensing of its existing patents. (Apollo Group, 2006) However, in early 1992, Dr. Riordan, faced with high demand and short supply for the patented …show more content…
Demand continued to increase for the plastic substrates while fixed unit costs began to decline, prompting Dr. Riordan to break ground for a plant expansion. Further, the State of Michigan started experiencing soaring unemployment rates due to the state’s largest industry, automobiles, which began laying off thousands of skilled plant workers.
Therefore, Michigan decided to offer a million dollar tax incentive to other industries to expand employment and lower the state’s unemployment rate. Riordan Plastics, Inc. was one of the first companies to be awarded the full million dollar tax incentive prompting the June 30, 1992 filing of articles of incorporation in the state of Michigan and legally changing the corporate name from Riordan Plastics, Inc. to Riordan Manufacturing, …show more content…
Team B will be recommending ways to integrate the existing variety of tools used today into a single integrated application. The executive staff would like to take advantage of a more sophisticated, state-of-the-art information technology system for the human resources department. The catalyst for the system improvement at Riordan Manufacturing is to manage effectively the human resource department. The business requirements for the HR system are to create a detailed project plan that will describe information-gathering techniques and design methods. This project will list all the tasks, resources, schedule, and budget requirements for project completion. From start to finish, the project is estimated to be completed in approximately six months in order to use in the second quarter of the next year. The stockholders of this project will include the project sponsor, project manager, representatives from human resources, information technology (IT), and accounting. The project sponsor will review and approve the completion of each phase of the project. Interviewing stakeholders is by far the most effective way to understand business function and business rules (Satzinger, 2004)
Human Information System (HRIS) Research and Review
Analysis of Riordan’s current HRIS system shows that it was originally installed in 1992. The HRIS is part of the financial systems