That will in turn allow them to engage in other more constructive company activities. This paper reviews a potential outsourcing plan to be implemented by Riordan Manufacturing Company.
Several meetings were conducted between LTB and Mr. When an integrated systems framework had been developed, fewer manual processes would be necessary.
To achieve these business objectives Riordan plans to outsource its financial and accounting processes to an offshore location. Non-peer reviewed articles will be considered if they are from reliable sources. The process is not centralized and reports need more auditing. Information Systems Management, 26 4pp.
Finally, working with foreign countries presents cultural barriers and challenges with foreign laws and regulations. The cost of transitioning to a third party provider can add up.
If a discrepancy occurs, the tracking system will send an e-mail to the shipping area supervisor. Advantages of Technology Offshore Outsourcing It is not uncommon for organizations to offshore outsource business functions for various reasons, including controlling capital costs, increasing efficiency, reducing risk, reducing labor costs, and increasing focus on core business.
Use an offshore data warehouse to maintain software package and data integrity. This in turn allows internal staff to focus on core business functions. Core company functions such as research and manufacturing are maintained within the company. These include documentation, order management, inventory control, and data storage.
The most outsourced services include information technology services, marketing, technical services and support as well as business process outsourcing. This should involve consultation efforts involving all the people that may be directly or indirectly involved in the changes that may result from the actual outsourcing McIvor, Many companies do not take these costs into consideration when choosing offshore outsourcing.
Cost constraints that Riordan can endure come from many bugs that may occur from outsourcing their products. After the establishment of services to be outsourced within Riordan the management should plan for the actual outsourcing process.
Consolidate the financial data for all Riordan Manufacturing with custom software. Arranged training, creating documents, and manual reviews are part of the timetable. The practice reduces domestic investment and employment opportunities.Currently Riordan Manufacturing does not have technology implemented in their business to perform this task.
By incorporating the advancements requested by LTB, enhanced inventory tracking and increased revenue will be obtained. Finally, the last major disadvantage Riordan Manufacturing faces with this offshore outsourcing project is the potential impact of the political environment between both the United States in addition to China.
Technology Offshore Outsourcing Plan for Riordan Harry Alston, Jason Breedlove, Habeeb Rahman CIS/ July 29, James Linn Riordan manufacturing has placed a service request for all manufacturing locations to gain an overview about all existing software applications in finance and accounting, sales and marketing, human resources, operations, legal and information technology.
This paper will discuss an offshore outsourcing plan for Riordan Manufacturing that will decrease cost and increase productivity. Riordan has decided to use a new strategy for the company that is offshore outsourcing.
To achieve these business objectives Riordan plans to outsource its financial and accounting processes to an offshore location. Technology offshore outsourcing can be defined as the contracting of information technology (IT) services from foreign counties.
Riordan Manufacturing Outsourcing Plan Introduction Riordan Manufacturing. Free Essay: Financial Systems Offshore Outsourcing Project Plan for Riordan Manufacturing, Inc.
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