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 capacities:

  • 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, was developed.
  • 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
  • Commissions
  • Cash Management
  • Receiving