Riordan Manufacturing Business Systems Analysis Essay

726 WordsApr 21, 20093 Pages
Riordan Manufacturing Business Systems Analysis Riordan Manufacturing Business Systems Analysis Dr. Michael Riordan, a professor in chemistry, acquired several patents relative to processing polymers into high tensile strength plastic substrates. He knew there was a market for commercial applicants for his patents after so he started Riordan Plastics, Inc. in 1991 at the age of 45. Today, Riordan Manufacturing, Inc., owned by Riordan Industries is a Fortune 1000 enterprise with revenues in excess of $1 billion. They employ 550 people and have projected annual earnings of $46 million. Riordan Manufacturing has locations in San Jose, California, Albany, Georgia, Pontiac, Michigan and Hangzhou, China. Research and development is done at…show more content…
Organizational Structure The organizational structure of Riordan Manufacturing is seen below in figure 1. [pic] Figure 1 Finance and Accounting System Riordan Manufacturing has three manufacturing plants located in Georgia, California, and Michigan plus a joint venture in the People’s Republic of China. Currently, each has a separate finance and accounting system. Their information is sent to the Corporate Office in San Jose where is combined. Basic components of each finance and accounting system include: • General Ledger • Accounts Payable • Accounts Receivable • Order Entry • Procurement • Sales and Purchasing History • Invoicing and Shipping • Payroll • Financial Reporting • EDI (San Jose only) • Bar Code Reading (San Jose Only) • EDSS (Executive Decision Support System) Currently, the finance and accounting system used at each location is not compatible with each another. The Corporate Office in San Jose has a license for a fully integrated Windows based ERP manufacturing, distribution and financial management software application specifically designed for plastics processors and process and assembly manufactures. The license does not include application source code. The plant in Michigan had purchased a vendor

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