Case Study: International Rectifier
International Rectifier is a global company with an ongoing re-engineering
and restructuring emphasis in its North American Divisions (approximately 2500
employees). CKI provided a number of services to the organization in various
- CKI established a Fixed Asset Department by performing the following
tasks: Analysis, new policies and procedures, re-engineering the
authorization/approval process, inventory controls, established full asset
reporting, and measurement processes for performance recognition. We also
performed the required coordination and alignment of Purchasing, Receiving,
Accounts Payable, Cost Accounting, General Accounting, Finance, Tax Audits,
and upper management to manage approximately $700 million in fixed assets.
CKI also provided training to management, as well as to departmental
supervisors and equipment custodians. Both works are in progress and
depreciated assets are now current.
- We assisted with implementation of a new General Ledger, Chart of
Accounts, and restructuring of the Accounts Payable department. We produced
analysis and review, work instructions policies and procedures, reports, and
forms to facilitate the project in the North American division. CKI assisted
with the generation of reporting by establishing controls, reports, and
reconciliation processes. Assisted with all phases of conversion.
- CKI performed analysis and establishment of new Material Return
Authorization procedures. This included required coordination and alignment
of Sales and Customer Service, Accounts Receivable, Receiving, Quality
Control, Audits, and General Accounting areas. All departments are able to
view all return authorization activities as they occur, before all reporting
data is 30-60 days old. Implemented the first phase of an imaging process to
record the physical condition of returned product.
- Developed and established a Finance / General Accounting Reference On-line
Library for use by all internal and external departments of the global
enterprise. Currently, several modules are in place and used on a regular
basis. Provided training to key IR personnel, so that the user community can
maintain its on-line library content.
- Developed numerous reports from various computer platforms, which were not
integrated, so that departments and upper management could effectively
manage their areas. Some of the areas affected were: Sales and Marketing,
Customer Service, Accounts Payable, Accounts Receivable, Finance,
Accounting, and Cost Accounting, on a global as well as divisional basis.
ACquire, Crystal, Access, and Lotus report for both upload and download to
AS/400 and network platforms. Training was provided to some users so they
could create their report requirements as needed.
- CKI assisted in the development of policies and procedures for
implementation of a new global forecasting methodology to more accurately
reflect the future product needs of OEM and Distributor customers. The
necessary training material for self-help, as well as delivered training,
- Established new policies and procedures, as well as extensive detailed
reporting, for customer credits and debit transactions for both
inter-company and external company bases.
- Accounts Receivable
- Accounts Payable
- General Ledger
- Fixed Assets
- Return Material Authorization
North America Division
- Fixed Assets – El Segundo
- General Ledger – El Segundo, Temecula, Tijuana Mexico
- Accounts Payable - El Segundo, Temecula, Tijuana Mexico
- Accounts Receivable
- Return Material Authorizations
- Cash Management