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Riordan Manufacturing

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Riordan Manufacturing-Business Systems Review
Student Name
BSA/310

Riordan Manufacturing-Business Systems Review
Mission
Riordan Manufacturing is the industry leader in the field of plastic injection molding. Innovative plastic designs are Riordan's specialty used in the manufacture of medical stents, heart valves, fans, plastic bottles, and other custom parts. One of the fastest growing organizations in its field, Riordan Manufacturing is a for profit organization with annual earnings of up to $46 million. Full potential of growth and profit generation for Riordan Manufacturing is not being achieved. The focus for the company's future and their mission statement is "achieving and maintaining reasonable profitability to assure that the financial and human capital is available for sustained growth. By assuring that our employees are well informed and properly supported, we will provide a climate focused on the long term viability of our company. And we will strive to be a solution provider for our customers and not be a part of our customer's challenges." There is room for improvement in all successful companies, including Riordan Manufacturing. To reach its full potential of generating profit, and to grow as an organization, there is a need for improvements to all business systems in all departments.
Description
Finance and Accounting
All financial transactions for the company are the responsibility of the Financial and Accounting Department of Riordan Manufacturing. The components included for each manufacturing plant is the General Ledger, Accounts Payable, Accounts Receivable, Order Entry, Procurement, Invoicing and Shipping, Sales and Purchasing History, Payroll, and Financial Reporting. The Corporate Headquarters at San Jose also includes EDI, Barcode Reading, and EDSS (Executive Decision Support System). There are three Manufacturing plants of

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