* Strengths: Sophisticated Management Team- Company’s President, Director & Treasurer, Jeffery P. Parker and Vice President, Jody N. Morse, are all previously worked for Fidelity Management & Research. They had abundant practical experience in developing fixed income products for institutional clients. Especially, Parker had exposures to diverse aspects of fixed market and is famous for developing computer based analytical systems in the industry. Director, Mr. Mahony, had rich experience in business operation, and Mr. Donnelly used to work in U.S. Government trading department. Such professional and diversified management team is substantial for the success of the project.
RR Donnelley's innovative technologies enhance digital and print communications to deliver integrated messages across multiple media to highly targeted audiences at optimal times for clients in virtually every private and public sector (RR Donnelley, 2014). A SWOTT analysis was conducted on the internal and external factors and trends of the company, as well as a supply chain analysis for the new proposed 3D division and business of R.R. Donnelley. Below are the findings that include strengths, weaknesses, opportunities, threats, and trends, along with the SWOTT Table. Strengths and Weakness Like every company R. R. Donnelly has strengths and weaknesses, it is just knowing the strengths and using them to build up the weaknesses.
Technical Devices Division is also a manufacturer however they specialize in “electrical, electronic and mechanical testing devices” and market their product to distributors as well as direct sales to high-volume customers. Soma Desai, Chief Financial Officer at Wareham SC Systems, Inc. conducted a review of all three divisions’ revenue recognition practices in preparation of reporting third quarter’s Security and Exchange Commission’s (SEC) Form Q-10 filing. The SEC recently implemented reporting guidelines for revenue recognition as indicated in SAB101. According to SAB101 revenue should be recognized “when earned and realized or realizable” and must meet the following criteria: “persuasive evidence of an order arrangement exists, delivery of the ordered good has occurred or service has been rendered, the seller’s price to the buyer is fixed or determinable, and collectability of the sale proceeds is reasonably assured” (Anthony, Hawkins, & Merchant, 2010, p. 137). Wareham SC Systems, Inc.’s revenue recognition policy states that revenue for products will be recognized upon shipment.
When addressing the requirements regarding Riordan Manufacturing inventory issues, he or she must research, and analyze the current inventory system. The current system is built on document work and hand to hand transactions, such as the inventory supervisor and manufacturing supervisors fill out forms for invoices. The company insists that inventory clerks fill out a form to release parts to the manufacturing section, and the manufacturing supervisor must list the sub-assemblies and finished products completed and submit back to the inventory manager. This is why a bar code system with scanners would improve the company’s input and output as far as inventory goes. Companies such as Zebra Technologies and IntelliTrack, Inc. provides for a seamless integration between ERP and inventory control, by incorporating information from the enterprise systems into a bar code and radio frequency identification (RFID) systems ("About Zebra Technologies", 2012).
MGMT 340 09/20/2015 Week3 Petrie’s Electronics Chapter 5 Case Questions 1. Information was collected by a vast directory. Jim and the marketing group utilized interviews from stakeholders related to the businesses they targeted. Trade journals, other companies that used the companies the group was researching, various vendors, marketing departments, and possibly even customers. The most information the group can collect from company can result in a better decision on a company that can assist with quality versus price options and customer support of products in demand.
The ability to shop from one place is more effective than driving around to several stores and hopes to get the things that they want. The time and money that is saved from this is remarkable. Each year online sales grow and consumersr traditional retailer stores lower in sales. The need for huge malls is becoming a thing of the past. In 2010, the total e-retailers sold more than $412.491 billion worth of merchandise, up from $129.797 in 2009.
Riordan Manufacturing IT Portfolio Riordan Manufacturing IT Portfolio CIS Strategic Management/CMGT 578 Andrea Ledet Instructor: Mr. James Summerlin University of Phoenix November 27, 2009 Abstract In today’s business world there are many projects that take place within each organization. Every project starts off with a mission and ideas on how to finance and execute the project in order for the company to become more productive. Many organizations keep ideas and different project information stored and documented into a safe place such as a portfolio. Portfolios are most common throughout various departments such as the ITSC department. The IT department often develops different projects pertaining to anything
This type is “the collection of information about an identifiable individual, often from multiple sources, that can be assembled into a portrait of that person’s activities” (Stanley, Steinhardt 191) Most computers these days a programmed to track someone’s usage throughout the day. Stanley and Steinhardt continue to demonstrate a major driving force for data surveillance and that is the commodification of personal information. With the computer technology booming within the last decades, making in simpler to collect data about what Americans buy and do has become an essential marketing strategy for businesses. It gives these businesses a reason to know about their consumers thoroughly. They continue to expose that every mouse click is recorded and business can now track not only what you buy, but also what you have been looking
They first compute the likely forecasts through formulas and statistics, then they talk about it and arrange according to managers’ feelings. They finally use historical forecast errors to correct forecasts, assuming there should be approximately the same level of error on the same category of items from one year to another. 2. What item costs and revenues are relevant to the decision of how many units of that item to stock? Cost of overage, cost of underage, mean and standard deviation of sales are useful to compute the optimal service level.
They also signed a patent cross license agreement with Toshiba for semiconductor technologies. Moreover, Samsung cooperated with some globally renowned players who are strong in their respective domains (Samsung Electronics, 2009) In fact, alliances will help Samsung tap newer avenues of business. Moreover, they also help the company adapt newer landscapes for revenue growth. Therefore, the company should be awarded the rating of 4.0 in the EFAS table. 7.7 Threat 7.8.5 Competitive business