Riordan Manufacturing Business Analysis
BSA/310
July 15, 2010
“Riordan Manufacturing, Inc. an industry leader in plastic injection molding and state-of-the-art design capabilities was established in 1991 by Dr. Riordan Plastics, and has earned international acclaim for its innovative plastic designs” (Apollo Group, Inc., 2006). Riordan Manufacturing is a company owned by Riordan Industries, a Fortune 1000 industry with yearly revenues in surplus of $1 billion. “Riordan Manufacturing currently employs 550 people, and has manufacturing plants in Albany, Georgia, Pontiac, Michigan, and Hangzhou, China” (Apollo Group, Inc., 2006) and Corporate Headquarters in San Jose, California.
Riordan Manufacturing’s current business focus in Six Sigma, Research and Development, and innovative customer solutions using polymer materials, has left the company with an inadequate information system, supply chain management system, and uncompetitive enterprise resource planning (ERP) solution for large scale businesses.
This review analysis will identify in detail existing system and subsystems for Riordan Manufacturing, Inc., and provide recommended system solution software, hardware and applications to improve current business processes and standards.
Finance and Accounting
Riordan Manufacturing’s finance and accounting department is responsible for numerous aspects of the company’s finances and accounts. They control who receives payment and when, sales information, and the company’s financial reporting, just to name a few. Although customers are unaware of any problems within Riordan’s finance and accounting system, the problem is very apparent to those employed by Riordan. The next few paragraphs will identify and describe the existing information systems being utilized within the finance and accounting department. They will also give brief descriptions of some of the problems Riordan is facing daily and outline a few solutions to ease the increasing strain...