Riordan Manufacturing Project Paper University of Phoenix CIS / 319 Executive Summary The purpose of this team project is to accurately identify‚ and then propose a System Development Life Cycle (SDLC) for Riordan Manufacturing. Riordan has three operating entities located in Georgia‚ Michigan and California plus a joint venture in the People ’s Republic of China. In each supply chain location inventory is received as raw goods‚ manufactured then shipped to customers throughout the world
Premium Inventory control system Inventory Manufacturing
Project Charter Document ________________________________________ Project Name: Riordan Manufacturing China Relocation Department: Internal Operations Focus Area: Operations Product: Operations Relocation from Hangzhou‚ China to Shanghai‚ China ________________________________________ Prepared By Document Owner(s) Project/Organization Role Project Manager Project Charter Version Control Version Date Author Change Description 1.1 04/18/2011 Document created TABLE
Premium Project management
OPS/571 February 13‚ 2012 Riordan Manufacturing Learning Team C has completed the analysis of Riordan Manufacturing’s electric fan design process and has developed a proposal outlining the changes that need to be implemented. The team is proposing to focus on total quality management (TQM); this will allow Riordan to remain focused and efficient in areas of opportunity‚ and to excel in all aspects of the electric fans that are important to customers. The team’s recommendation is to use quality
Premium Management Manufacturing Project management
Rent Expense | 6‚200 | Electricity Bill – paid on May 30‚ 2011 | 8‚500 | Land | 15‚000 | Depreciation Expense | 31‚750 | | | Required Prepare a fully classified vertical format Balance Sheet for Nguyen Bich Fitness Club as at June 30‚ 2011 EXERCISE 2. The following are account balances of Brickwork as | | | | at 31 December 2010: | | | | | | | | | | | | | | Account | Amount ($) | | | | | | Plant & machinery | 25‚000 | | | | | |
Premium Accounts receivable Generally Accepted Accounting Principles
Riordan Manufacturing: Profit and Loss Statement Analysis BSA/310 An effective indicator of a business’s overall performance and efficiency is the profit and loss statement. A profit and loss statement‚ more commonly referred to as an income statement‚ is a report of the changes in the income and expense accounts over a specific period of time. It provides a valuable source for identifying marketing trends‚ understanding the strengths and potential weak areas of a business‚ and measuring the
Premium Manufacturing Industry Management
Riordan Manufacturing Riordan manufacturing needs a strategic management. Riordan Manufacturing knows the meaning of strategic planning. Riordan Manufacturing will implement the competitive advantages‚ sustainability‚ innovation and ethical and social responsibilities‚ cultural and structural leadership and assessment and the feedback controls. Riordan Manufacturing is determined to implement a formal customer management system‚ which will be used extensive through the company. The consultant’s
Premium Manufacturing Management Industry
Research for Reporting Improvement of Riordan Manufacturing Research for Reporting Improvement of Riordan Manufacturing Riordan Manufacturing is experiencing deficiencies in its financial and accounting reporting. It is imperative to the firm’s continuing success to identify and correct these reporting problems. The scope of the following literature involves: identifying the research questions‚ naming the hypotheses‚ identifying the variable to be considered‚ and the ethical considerations involved
Premium Management Scientific method Manufacturing
The balance sheet‚ income statement and cash flow statement are closely related. Basically‚ a balance sheet describes a company’s assets‚ liabilities and stockholder’s equity in a specific period of time. An income statement mainly shows the net profits or loss of a company. The purpose of the income statement is to show stockholders and investors whether the company earned or lost money. A cash flow statement explains cash inflows and outflows. Each financial statement reveals a part of a company’s
Premium Generally Accepted Accounting Principles Financial statements Balance sheet
A balance sheet is a financial statement that reports the assets‚ which are resources owned by a business‚ liabilities‚ and stockholders’ equity at a specific date. Examples of assets would be computers‚ delivery trucks‚ furniture‚ and buildings. A balance sheet has two categories: Assets‚ liabilities‚ and stockholders’ equity. Liabilities are the debts and obligations of a business. Liabilities represent c claims of creditors on the assets of business. Examples of liabilities would be notes
Premium Generally Accepted Accounting Principles Income statement Balance sheet
With riordan they do have a good company backing up with having a good leadership and along with employees because they employ many people. They are a company that generates high revenue and can help maintain their selves a good profit margin. One of the best strategies they implemented was being involved with areas such as automotive and aircraft parts along with manufacturers. This is a big help when trying to expand and grow to help the company to other regions. They are a company they will strive
Premium Environment Strategic management Target market