Accounting Information system There are four activities in revenue cycle namely; sales order entry‚ shipping‚ billing and cash collection. The table below shows the activities and the related actions to be conducted by company employees:- Revenue cycle activities | Activity | Sales Order Entry | Process orders from customers | Shipping | Deliver merchandise or services to customers (outbound logistics) | Billing | Send invoices to customers | Cash Collections | Process payments
Premium Balance sheet Generally Accepted Accounting Principles Financial statements
Riordan Manufacturing (Riordan) is an industry leader in using polymer materials to produce plastic products with projected annual earnings of $46 millions. Riordan has plastic manufacturing plants in Albany‚ Georgia‚ and a custom plastic plant in Pontiac‚ Michigan. Also‚ there is a plastic fan manufacturing plant in Hangzhou‚ China. Riordan also conducts research and development at the headquarters in San Jose‚ California‚ (Apollo‚ 2006). The high demand for materials used in producing plastic
Premium Unified Modeling Language Entity-relationship model
Riordan Manufacturing SR-rm-004 � PAGE * MERGEFORMAT �1� Riordan Manufacturing SR-rm-004 Introduction Riordan Manufacturing ’s background of request is to take advantage of a more sophisticated‚ state-of-the-art‚ information technology in our human resources department (Riordan Manufacturing‚ 2008). The method which will be applied to analyze and design the new human resources system for Riordan Manufacturing will be the systems development life cycle‚ which is known as SDLC. Three sections of
Premium Manufacturing Management Project management
Riordan Manufacturing Virtual Organization Strategic Plan Strategic planning considered one of the important factors to be considered by organizations seeking to improve business and process within the current organization scope. Riordan Manufacturing Inc. has become a global leader in the area of plastic injection molding with state-of-the-art design capabilities. Currently Riordan Manufacturing Inc. is looking to develop and implement a strategic plan for the organization to improve process‚
Premium Strategic management Strategic planning Management
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
Premium Management Organization Motivation
for Riordan Manufacturing Operations Management 571 (OPS571) “Riordan Manufacturing is a global plastics manufacturer employing 550 people with projected annual earnings of $46 million. The company is wholly owned by Riordan Industries‚ a Fortune 1000 enterprise with revenues in excess of $1 billion”. (University of Phoenix‚ pg.1‚ 2013) Riordan corporate headquarters is in San Jose‚ California. The company’s research and development is conducted here. A chemistry professor Dr. Riordan founded
Premium Management Supply chain management Manufacturing
Running head: Process Design for Riordan Manufacturing Process Design for Riordan Manufacturing University of Phoenix Operations Management – OPS/571 Abstract This paper focuses on a process design‚ production forecast‚ and implementation of said design for Riordan Manufacturing. . Table of Contents Abstract 2 Title of Paper 4 Introduction 4 MRP 4-5 Process Design 5-6 Supply Chain 6 Production Forecast 7 Implementation Plan
Premium Manufacturing Management Industry
Riordan Manufacturing Production Plan Riordan Manufacturing Production Plan Riordan Manufacturing‚ Incorporated has become a leader within the industry of plastic molding. An eclectic array of state-of-the art design products (plastic beverage containers‚ custom plastic parts‚ and plastic fan parts)‚ and attention to detail pertaining to quality control‚ are some of the main factors contributing to the company’s success (Riordan‚ 2008). Each specialized plastic is in a different location:
Premium Lean manufacturing Manufacturing Management
Production Plan for Riordan Manufacturing The intended principle of this study is to submit suggestions for a new process design and the supply chain at Riordan Manufacturing‚ Inc. The reformation will utilize the theory of Lean Production in the application of the electric fans manufacturing. The research uses Riordan Manufacturing‚ Inc. intranet information. This paper will present a complete production plan for two of the Riordan Manufacturing Inc. locations: Hangzhou‚ China and Pontiac‚
Premium Manufacturing Electric motor Inventory
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
Premium Cargo Forecasting Ship