Riordan Business Systems Verne Weikle BSA/310 August 12‚ 2012 Michele Petrone Executive Summary Riordan Manufacturing’s (Riordan) Chief Executive Officer has requested a review of all Riordan’s business systems issued on Service Request SR-rm-012 (University of Phoenix‚ 2013). The comprehensive review will provide management the information needed to determine any improvements to Riordan’s business systems. First‚ the review will assess Riordan’s existing business systems by department
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Application of the SDLC Methodology: Riordan Manufacturing Abstract Riordan Industries is a Fortune 1000 enterprise‚ which is responsible for a successful subdivision known as Riordan Manufacturing. Riordan Manufacturing is leader in the field of plastic injection molding that specializes in the making of plastic bottles and unique plastic parts‚ fans‚ heart valves‚ and medical stents. Riordan Manufacturing can be found in various locations such as: San Jose‚ California‚ Albany‚ Georgia‚ Pontiac
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Riordan Manufacturing Current Financial State James Steven Austin‚ Henry Berger‚ Brian Lee Conway‚ Floretta LeFlore‚ Dedrick Shelmire BSA/500 November 8‚ 2010 Anthony L. Fields Riordan Manufacturing Current Financial State Riordan’s current financial state will be explained the by following accounting ratios. The current ratio is 1.17 which means the company is not in a very good financial state for lenders most lenders will look for a 2.00 or higher. The acid-test ratio is 5.07 which
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Running head: Problem Definition: RIORDAN MANUFACTURING Problem Definition: Riordan Manufacturing University of Phoenix Human Capital Development MBA 530 Dr. Alvin H. Steward III January 23‚ 2008 Problem Definition: Riordan Manufacturing Introduction Riordan Manufacturing is faced with an interesting but not uncommon occurrence among larger businesses. Riordan is faced with a motivation and production problem in a growing‚ global organization. Employee motivation is an issue that
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Riordan Manufacturing Process Design Proposal Package Description Riordan Manufacturing is in need of a new process for its manufacturing of electric fans. With potential bottlenecks from the current process‚ both time management and expenses have been suffering. Many factors have been taken into consideration with the new innovative process. With the utilization of the new process it is not only going to be time saving but also will illustrate overall revenue growth. The proposal will
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Running head: PRODUCTION PLAN FOR RIORDAN MANUFACTURING Production Plan for Riordan Manufacturing University of Phoenix Online OPS 571: Operations Management December 21‚ 2009 Production Plan for Riordan Manufacturing Introduction Riordan Manufacturing‚ Inc. is a global leader in the field of plastic injection molding with state of the art design capabilities that has made the company competitive in the global market. Riordan has three operating entities in Georgia‚ Michigan
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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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An MRP Solution for Riordan Manufacturing Table of Contents Executive Summary ……………………………………………………………………….. 3 Scope ………………………………………………………………………………………. 4 Project Feasibility …………………………………………………………………………. 6 Current Operating State …………………………………………………………………… 6 Requirements ……………………………………………………………………………… 10 Future Operating State …………………………………………………………………….. 12 System Components ………………………………………………………………………. 14 System Architecture ………………………………………………………………………
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Riordan Manufacturing Inc. can expand operations through a merger with an already existing company. Some of the benefits of a merger include increased cost efficiency‚ market shares‚ and value generation. Mergers also present the possibility of tax gains‚ capital cost reduction‚ and an increase in revenues. Even though there are many benefits to a merger‚ there are also issues that would be considered negative. To evaluate the option of a merger as a means to expand operations‚ it is necessary to
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Potential Bottlenecks that Face Riordan Manufacturing: China plant operates as a decentralized unit of Riordan Manufacturing. Parts are purchased by buyers in the China Plant’s purchasing department from a local Chinese company. While this company attempts to maintain adequate quantities of electric motors in stock to meet all its order requirements‚ its on-time deliveries over the past year have averaged only 93%. Part of the China’s plant’s business is a make-to-stock operation in which the
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