Hardware and Software � PAGE * MERGEFORMAT �3� Riordan Manufacturing current troubles in the Finance and Accounting systems can no longer be accepted. The company ’s turmoil has become evident to vendors and customers. The decision to invest in a system that will integrate their financial and accounting systems from their four locations has become a top priority. The CFO of the company has found a state of the art systems; Manufacturing Resource Planning (MRP II). The estimated cost of the new
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Abstract Riordan Manufacturing is a company responsible for producing plastics globally. Some of their products include plastic beverage containers and plastic fan parts. Our team has been asked to put together an executive summary regarding identifying some areas needing improvement‚ defining the purpose of the project as well as who the key stakeholders are. Below is the review of our findings.
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Strategic Capacity Planning Several factors are taken into consideration for strategic capacity planning. Because Riordan Manufacturing produces plastic injection molding to create innovative plastic designs capacity planning is viewed in three time durations. First is long range‚ which means greater than one year and include buildings‚ equipment or facilities. Second‚ is intermediate range‚ which involves monthly or quarterly plans for the next 6 to 18 months. On this level capacity can vary
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and be a socially responsible company to stay competitive in today ’s market Riordan Manufacturing Inc. is a part of the Fortune 1000 enterprises and exceeds ISO 9000 standards giving them the ability to stay a competitor within the plastic manufacturing industry. Currently‚ Riordan employs 550 employees throughout their four plants in Michigan‚ California‚ Georgia and one in China making them a global company. Riordan supports key customers in the automotive parts industry and aircraft manufacturers
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Gap Analysis: Riordan Manufacturing Employee motivation is an issue that organizations face on a day to day basis. It can cause job dissatisfaction and turnovers for an organization. Organizations should develop strategies that would increase innovation‚ recognize the value of teamwork‚ and equally reward and motivate employees. How well an organization handles issues that may arise from employees can mean the difference between an energized‚ productive workforce and a languid non-productive
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Information technology affects on Riordan Manufacturing Overall Effects of IT on Riordan Manufacturing Information technology affects on Riordan Manufacturing Overall Effects of IT on Riordan Manufacturing Riordan Manufacturing is one of the global leaders in the field of plastic injection molding owned by Riordan Industries. The company employing 550 people with projected annual earnings of $46 million. The corporate headquarters and research and development are
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Implement Quality Improvement at Riordan Manufacturing Continual improvements are essential for businesses to attain a competitive advantage in their industry and remain profitable. Riordan Manufacturing must apply Total Quality Management (TQM) to their organizational processes to eliminate waste‚ reduce costs‚ increase productivity‚ and focus on customer satisfaction. This paper identifies an improvement plan by outlining the steps of Riordan Manufacturing’s developed quality management process
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In the finding of the liquidity‚ profitability and the solvency ratios regarding the Riordan Manufacturing Inc‚ it has revealed that the company is able to pay its debts to the creditors and investors. The liquidity ratio is good for our investors‚ creditors and bankers so that they can see that we can pay off our debts. With the profitability ratio‚ it comes in handy for the company when trying to find out if we have made any profit for the year or it we have lost money. With using the profitability
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Introduction In the previous section of this service request system solution proposal‚ we cited Riordan Manufacturing current position in the global plastics manufacturing market as an existing world leader‚ that has every intent to maintain that namesake by continuing to develop its technology both o the production line as well as behind the scenes where it supports those individuals that work hard every day to keep Riordan Manufacturing in the upper echelon‚ elite class of global business that
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* * Riordan Manufacturing HR System Analysis BSA/375 April 19‚ 2010 The COO of Riordan Manufacturing‚ Hugh McCauley requested a systems analysis of the Human Resources department. The company would like to upgrade the systems to a more current technological standard. The objective of the IT team will be to design a system that can be utilized by the second quarter of next year. This paper will describe the information techniques and design methods to be used for this project. An
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