Riordan Business Solutions Essay

721 words - 3 pages

Riordan’s Operations Department

After a thorough review of the Operations Department of Riordan Manufacturing, we have uncovered a few areas that would benefit from the addition of a robust business system to manage some of its functions. The first issue is a process that all four plants have in place for the management of receiving raw materials, tracking products during manufacturing, and accounting for the finished good inventories. During each of these phases, all of the data acquired to track the inventory is delivered or gathered through the use of various documents that are manually reviewed and input into a database by an inventory clerk. Not only is this process time ...view middle of the document...

Each business area is incorporated into the system as modules, and can be customized to fit the needs of the organization. In the case of Riordan Manufacturing, an investment in this type of system will undoubtedly be well worth the cost, and allow them to utilize it to its fullest potential.

In order to alleviate the issues surrounding Riordan’s inventory troubles in material receiving, manufacture, and shipping, we suggest that the company invests in a bar code scanning solution similar to the one already in use at the San Jose location. By instituting this solution, the company will reduce procedural errors, reduce costs, and make this process more efficient. This system should be capable of working in unison with the ERP system mentioned earlier. Inventory management would become an automated process, where raw materials received are scanned into the system, materials pulled from the inventory are updated real-time, and product availability is accurate.

To solve our second issue, we suggest that the company integrate a VMI (Vendor Managed Inventory) solution as part of its ERP. A VMI is a process by which the vendor (Riordan) generates order information for the customer based on demand data/information sent electronically by the customers through an ERP. Riordan will be responsible...

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