ERP for Riordan Manufacturing: Project Planning and Implementation

Essay by alp143University, Bachelor'sA+, August 2007

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ERP for Riordan Manufacturing

Raymond McDonald, Andy Cagan, Fernando Amorim, Chris Cortez, Dean Parmenter

Dr. Ronald Black

CMGT/410 Project Planning and Implementation



ERP for Riordan Manufacturing

Background and Statement of Need

Riordan Manufacturing, Inc. is an industry leader in the field of plastic injection molding. With facilities in San Jose, California, Albany, Georgia, Pontiac, Michigan and Hangzhou, China, Riordan has the capacity to fulfill plastic industry needs around the world. Riordan Manufacturing is wholly owned by Riordan Industries, a Fortune 1000 enterprise.

Riordan requires replacement of unlike finance and accounting systems and the deployment of a common integrated finance and accounting infrastructure spanning all of the Riordan Manufacturing divisions. The planned solution for this project is a newly deployed finance and accounting system for Riordan in the San Jose, California home office that will address the immediate need for reduction in overhead and complexity throughout the organization regarding the entire scope of financial and accounting needs.

During the due diligence process in which Riordan acquired the operating entities in Michigan and Georgia the matter of F & A System's compatibility was not addressed and has now become a bottleneck for integration between sites.

The project goal of an ERP implementation for Riordan is to reduce overhead and complexity in finance and accounting by successful deployment of a new globally integrated finance and accounting system that will lead to the following advantages for Riordan

- Reduction of both fixed and variable costs by 10% through reduction of wasted person-hours for ordinary finance and accounting procedures, such as accounts payable, accounts receivable, and closing of the general ledger.

- Reporting features that simplify audits used for compliancy purposes.

- The ERP solution will allow for improved tracking of raw materials and bills...