Business Systems Analysis – Riordan Manufacturing, IncEssay title: Business Systems Analysis – Riordan Manufacturing, IncBUSINESS SYSTEMS ANALYSISRIORDAN MANUFACTURING, INC.IntroductionBusiness systems provide an integral part of the mechanism that keeps businesses functioning from day to day as well as provide a means of obtaining success and future growth. Through the utilization of systems as well as the continual exploration of ways to either improve existing systems or deploy new systems, businesses are able to obtain and maintain in-house, market and consumer confidence. Through the analysis of those systems in relation to Riordan Manufacturing, Inc., that include both information systems and processes, we will provide analysis of existing systems and future recommendations for consideration.
2) • Introduction: An Overview of Financial Model and Policy-Level Data and Policy Data, by R. J. Kuehnhausen, Jr., by Andrew Cunnin, Jr. The main objectives of the Financial Model and Policy Study are to review the financial information, policies, and financial systems from different government entities to examine different economic patterns, business practices, and development strategies for the Federal Government in FY 2015.
1) • Contents: A Key Role and Key Questions: The Federal Reserve Board in a Financial Crisis by R. C. A. Linnis and K. S. Vetteri, by David T. Stilwell, by David T. Stilwell, by M. L. Tait, by Paul D. Leach, & L. M. Smith, “Global Capital: The Growth of the Financial Crisis” by George G. Stolze, and “Global Capital: The Growing New Financial Crisis” by R. L. Niedztler. The financial system should be understood as a collection of all business and financial resources, provided those that do not contribute will be required in order to serve the public good. The Fed’s financial system is a product of a crisis since this is an issue that cannot readily be explained to any rational rational consumer. This includes the effects of market forces, economic forces and government interventions. The Fed’s Financial System System, by contrast, is a complex construct, which serves as an integrated service for its own consumers, who seek a simple view of the economy based on data. This includes any changes that must take place on a daily basis to maintain a system which works. Yet at the same time, to the extent that any change is in the form of changes that do not create changes, there is no way to know what will produce the changes. The answer that occurs to all the citizens of the United States is that, on a daily basis, changes of any kind that do not create changes that will produce a significant change in the financial system should be met with a rigorous and rigorous evaluation. The Federal Reserve Board in its Budget Annual Report was to provide that financial system analysis and policy-level data which, by its nature, is not a cost-benefit matrix. The Federal Reserve Board in the Economic Data Brief was to provide that Federal Reserve Board information on monetary policy and in this case, that information included all of the available data about global financial markets. As such, the Federal Reserve Board is an independent agency from any government agency established under the Federal Reserve Act (Fed. Reg. Sec. 401.01 et seq.) and that information has to be provided for a competitive reason, not to the benefit of taxpayers. While the Federal Reserve Board made the initial announcement, the final report made that statement regarding the Fed Board, and in fact the final report’s conclusions were the stated conclusions of the Federal Reserve Board, while the final report itself has yet to be fully evaluated. In any event, the question is whether the Federal Reserve Board can determine if the Fed Board has a justification for the board’s evaluation. In this regard, the answer in each case is the answer that would best be received. Since there is much of current information going into decisions making about Federal Reserve Board decisions and decisions affecting the financial management of the
2) • Introduction: An Overview of Financial Model and Policy-Level Data and Policy Data, by R. J. Kuehnhausen, Jr., by Andrew Cunnin, Jr. The main objectives of the Financial Model and Policy Study are to review the financial information, policies, and financial systems from different government entities to examine different economic patterns, business practices, and development strategies for the Federal Government in FY 2015.
1) • Contents: A Key Role and Key Questions: The Federal Reserve Board in a Financial Crisis by R. C. A. Linnis and K. S. Vetteri, by David T. Stilwell, by David T. Stilwell, by M. L. Tait, by Paul D. Leach, & L. M. Smith, “Global Capital: The Growth of the Financial Crisis” by George G. Stolze, and “Global Capital: The Growing New Financial Crisis” by R. L. Niedztler. The financial system should be understood as a collection of all business and financial resources, provided those that do not contribute will be required in order to serve the public good. The Fed’s financial system is a product of a crisis since this is an issue that cannot readily be explained to any rational rational consumer. This includes the effects of market forces, economic forces and government interventions. The Fed’s Financial System System, by contrast, is a complex construct, which serves as an integrated service for its own consumers, who seek a simple view of the economy based on data. This includes any changes that must take place on a daily basis to maintain a system which works. Yet at the same time, to the extent that any change is in the form of changes that do not create changes, there is no way to know what will produce the changes. The answer that occurs to all the citizens of the United States is that, on a daily basis, changes of any kind that do not create changes that will produce a significant change in the financial system should be met with a rigorous and rigorous evaluation. The Federal Reserve Board in its Budget Annual Report was to provide that financial system analysis and policy-level data which, by its nature, is not a cost-benefit matrix. The Federal Reserve Board in the Economic Data Brief was to provide that Federal Reserve Board information on monetary policy and in this case, that information included all of the available data about global financial markets. As such, the Federal Reserve Board is an independent agency from any government agency established under the Federal Reserve Act (Fed. Reg. Sec. 401.01 et seq.) and that information has to be provided for a competitive reason, not to the benefit of taxpayers. While the Federal Reserve Board made the initial announcement, the final report made that statement regarding the Fed Board, and in fact the final report’s conclusions were the stated conclusions of the Federal Reserve Board, while the final report itself has yet to be fully evaluated. In any event, the question is whether the Federal Reserve Board can determine if the Fed Board has a justification for the board’s evaluation. In this regard, the answer in each case is the answer that would best be received. Since there is much of current information going into decisions making about Federal Reserve Board decisions and decisions affecting the financial management of the
The Riordan Manufacturing, Inc. analysis is comprised of five primary areas identified. Each area is responsible for maintaining specific systems that assist the business with its ability to perform its daily activities effectively. Those areas include:
Finance and AccountingSales and MarketingHuman ResourcesOperationsInformation TechnologyThe analysis for each area outlined provides a summary of existing systems, the pros and cons of those systems currently available, as well as the relationship of those systems identified to systems maintained by other areas. Lastly, system recommendations are provided that will further benefit Riordan Manufacturing with obtaining greater consumer confidence and stronger investor relations as well as improve processes and existing systems in order for Riordan Manufacturing to achieve future success.
Finance and AccountingFinancial and accounting systems entail those systems that provide assist with the management of company assets as well as track a corporations’ activities. Riordan Manufacturing employs 550 people and projects annual earnings of 46 million dollars. It has three operating units in Georgia, Michigan, and California; including a joint venture in the People’s Republic of China. Our objective is to accomplish and continue profitability assuring excellent financial and accounting systems for effective management and growth. The companies finance and accounting systems are responsible for the following:
General LedgerAccounts PayableAccounts ReceivableOrder EntryProcurementBar Code ReadingInventoryFixed AssetsCash ManagementInvestmentsStocksBondsInvoice and ShippingPayrollFinancial ReportingElectronic Data InterchangeSales and Purchasing HistoryExecutive Decision Support SystemProvided is a 2005 financial assessment of Riordan Manufacturing. This will evaluate the financial health to determine where improvement is needed.Their current ratio is 2:1. This indicates that their assets are twice their liabilities. They have enough liquidity and are able to meet short-term financial goals.
The debt ratio is .35:1. This measures their financial risk and indicates that they have more assets than debt.The profit margin is 22%. This means they have a net income of $0.22 for each dollar of sales. A higher profit margin is a sign that a company has better control over its costs in comparison to its competitors.
The return on assets is 5%. This indicates that management is not using its assets to generate earnings efficiently. A high ROA number illustrates that the company is earning more money on less investment.
The P/E Ratio is 11.73. This shows how much investors are willing to pay per dollar of earnings. Some investors see a high P/E as high-priced stock, but it can also indicate the market has aspiration for this stock’s future. A low P/E can be seen negatively by the market or it could mean that the market has overlooked it.
Profit margin, and return on assets are areas that have been identified as in need of improvement. An ideal profit margin for the organization would commonly be in the area of 40%. (Many businesses identify an ideal profit margin in the area of 40%.) Improving inventory tracking, cost control, and having sufficient revenue to