Riordan Manufacturing Executive Summary: As a Fortune 1000 enterprise, and an industry leader in the field of plastic injection molding, Riordan Manufacturing, offers state-of-the art plastics design capabilities through its facilities in San Jose, California; Albany, Georgia; Pontiac, Michigan; and Hang Zhou, China. Currently, Riordan's COO, Hugh McCauley, and the executive team have requested changes to the current information system used to maintain inventory and manufacturing processes. Evaluation of current Sales, Inventory, and Manufacturing processes will be required as well as the evaluation of current hardware and software. The present networking system requires improvements and, thanks to today's technology can easily be …show more content…
The new hardware and software networking systems would also be beneficial to this organization because a database with a large storage capability as well as having a timely running process would improve day to day operations of this organization. However, important consideration would have to be given to improvements on security issues, focusing on unauthorized access detection via the Web and at the organizational level. Purpose of project The sole purpose of this project is to advance and streamline Riordan Enterprise's inventory and manufacturing processes by introducing a new cost effective way for all company locations to communicate and deliver their critical data in a timely efficient manner. Riordan Enterprises should explore and then utilize available technological advancements in system tracking products in order to remain competitive in today's marketplace. Stakeholders involved. The main stakeholders involved with this project will include the following departments and personnel. The Finance and Accounting division will participate in the organizing the General Ledgers and monthly income statements. The Sales, Marketing and Inventory divisions will participate in communicating the needs and processes of ordering, material supply, and product delivery. The IT department will make recommendations based on department needs and corporate demands to improve eficientcy and advance the current computing
The technology enhancement improves the efficiency of the supply chain, safeguard customer information and boost infrastructure associated with the target web portal for supporting online and mobile community an offensive complementary strategic option. The internal information
Riordan manufacturing is a very large company with facilities in many locations around the World. With any company with this size Riordan must have a system in place that is able to keep track of significant amounts of information. Such as Employee names, time sheets and a variety of other important information. This system should be able to have a central location so that stores all of this information and can be accessed not only by the corporate office but at each location as well. There are many functions that a new and improved system should provide. Such as inventory control, tracking of shipments into and out of the warehouses, and the receiving of such items to our costumers. These requirements are essential to the growth of Riordan Manufacturing.
Riordan Manufacturing 's current process is not very efficient. It calls for multiple suppliers to ship parts to Riordan 's raw material storage area at regular intervals. These intervals have been set up in advance using production history as a guideline. This process causes a huge inventory spike during slow production times thus requiring a large amount of storage space and upfront costs. There is not a standardized method for the individual assembly areas to communicate parts shortages back to the raw material storage area. Also, as indicated during our analysis, the network infrastructure and current systems at the plant are very outdated causing system slowdowns and reducing plant efficiency.
After careful assessment of the infrastructure and inventory systems used at Riordan Manufacturing, our team has identified these systems are outdated and unable to effectively manage the day to day processing. As a global leader in the manufacturing of plastic products, the performance and reliability of the infrastructure is crucial to the continued success and growth of your company’s operations. Therefore, our solution to uplift the infrastructure and launch of the Riordan Global Operations System (R.G.O) a new platform for supporting inventory and managing customer orders . Our system will enable your employees and customers see
Riordan Manufacturing is a global plastics manufacturer employing 550 people with projected annual earnings of $46 million. Riordan’s main customers range from automotive parts manufacturers to the Department of Defense. One of Riordan’s main productions is plastic beverage containers. Riordan’s most recent expansion took place in 2000 when the company relocated operations from Pontiac Michigan to China. The Pontiac Michigan facility was retooled for the manufacture of custom plastic parts
Testing each sites configuration to make sure each site has access to the database and to
Every organization has their own manufacturing strategy, depending on the type of organization will depend on the strategy to have the best end result. Understanding the strategies and how they are used can help the manufacturing process. Riordan manufacturing is a Fortune 1000 organization which produces multiple products, throughout this paper Team C will explain Riordan’s manufacturing strategy and the details that go into a manufacturing strategy.
Riordan Manufacturing, Inc. is one of the industry leaders in the field of plastic injection molding in terms of both total volume and quality. By utilizing the company's state-of-the art design competencies, Riordan Manufacturing can create innovative plastic designs that are well respected in their applications. The company's production competencies include items such as attention to detail, extreme precision and enthusiastic quality control. The company operates from a variety of locations with facilities in San Jose, California, Albany, Georgia, Pontiac, Michigan and Hangzhou, China. Riordan Manufacturing is wholly owned by Riordan Industries, a Fortune 1000 enterprise.
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 located in San Jose, CA. The various manufacturing plants are located in Albany, GA, Pontiac, MI and Hangzhou, China. The company customers include some of the top automotive manufactures, airplane manufactures. From the company financial
Riordan Manufacturing, Incorporated is an industry leader in plastic injection molding. State-of-the art design capabilities allow creation of innovative plastic designs that have earned international acclaim. Attention to detail, extreme precision, and enthusiastic quality controls are the hallmarks of Riordan Manufacturing with facilities in San Jose, California, Albany, Georgia, Pontiac, Michigan, and Hangzhou, China (Apollo Group, 2005, 2006).
IS updates at Riordan Manufacturing are necessary to meet future goals. We would like to be your partner, helping you reach the $50 million dollar revenue target. (Riordan Manufacturing Intranet, 2005) Your current information systems state will not enable Riordan to achieve this mark, especially in the finance, accounting and inventory areas. We will demonstrate how systems upgrades at your Atlanta, Georgia and Pontiac, Michigan plants will improve information integrity and availability through your entire organization. This investment in the future will guarantee your financial success of the future.
Riordan Manufacturing is a global plastics manufacturer and a leader in the field of plastic injection molding. This paper will provide a brief background history of the company, some identified core values, ratio analyses, a variance analyses on the companies financials, an analysis of the current accounting systems and recommendations on providing appropriate communicative and data gathering software for the future accounting systems.
Q1. Based on the 2004 statement of profit and loss data (Exhibits 1 and 2), do you agree with Water’s decision to keep product 103?
The logistics and IT departments will head this stage of the process. The objective will be to speed the flow of information to the various users while reducing costs, especially in inventory. The system will be online, making it accessible on a "real time" basis and will connect the mainframe to an Internet service provider where anyone anywhere in the world can log on. Customers will benefit from the new system the most. They will be able to check on product information such as prices, sizes, colors, availability, and even upcoming sales.
To obtain direct and continuous communication with suppliers, the E-Kanban system leverages technology to signal the flow of materials within the production line (CORPORATION., T. M., n.d.; Naik, Kumar, & Goud, 2013). In comparison to the traditional Kanban system, the E-Kanban uses barcodes and electronic messages such as email or electronic data interchange instead of Kanban cards which require manual entry and are frequently lost. The barcodes are used to highlight the inventory. These barcodes are then scanned throughout the multiple processes of manufacturing to signal the barcodes utility. Once the barcodes are scanned, the information collected from each barcode is compiled and stored in the computer. This information is automatically sent to Toyota’s suppliers via a corporate network to inform them of the parts needed and the time and place they are to be delivered.