Riordan manufacturing supply chain design team

Riordan Manufacturing will go forward with the initial public offering process to improve their financial position, which will then provide the necessary capital to take on new initiatives. The molding department saves the company money because the other departments do not have redo work and because they do not have to dispose of extra plastic.

Explaining the process of Riordan Manufacturing really shows how much detail goes into the manufacturing project and the changes that are made to make the organization successful. The productivity ratio determines whether or not the company is generating as much of a profit as it should or if too much money is being spent in order to make money.

Examining the key operations of company resources and opportunities with implementation of using an alternative supplier will assist meeting goals of streamlining supply and demand of the delivery system. The Riordan Manufacturing needs investors to increase the capital to purchase more equipment and increase production.

If employees are not meeting production standards, this means that they are not producing enough of the product. The combined system will also improve the delivery schedule of order through better coordination between inventory management, production, shipping, and delivery.

Production Plan for Riordan Manufacturing Essay Sample

Other options of keeping the readymade supplies of motors as inventory unit in Riordan inventory itself will increase the inventory cost. Retrieved August 17,from Apollo Group, Inc. The benefit of using the combination strategy is that the company does not hire and layoff employees throughout the year.

This is considered a short to medium forecast horizon. The system ensures that materials and products are available for production and delivery to customers.

Overall, mergers have high failure rates, so the risk has to be considered. Production Plan During the production procedure there are several stages that are all essential in meeting the high demands of quality from the raw materials to the actual shipping of the product.

Riordan can allow schedules to be flexible and utilize overtime for employees when necessary. Prepare a 1,word paper in which you select appropriate metrics to measure the performance effectiveness of your supply chain Team Project. Monitoring inventory on a continual basis will assist in supporting a financial strength advantageous to flexibility when prices of supplies fluctuate.

This may make it easier to make sales and attract vendor to supply goods and services to the firm. Riordan can ship across the world and ensure that the customer will receive the product.

This will shorten trimming time and the assembly of plastic fan parts to the motor will be much faster. In their warehouse located in China, the organization decided to practice the just-in-time lean production technique when manufacturing their electric fans.

Acquiring another company that operates in the same industry can have numerous advantages.

Virtual Organization Strategy Paper: Riordan Manufacturing

The new design will require that the molding department create a precise fan part that requires less trimming. Supplier Relationship At Riordan, the supplier relationship utilizes outsourcing. Metrics focuses on the measurement of the performance against customer requirements and the value.

Riordan will need to change the IT programs and improve compliance performance immediately. Part of the new supply chain is to ensure that the supplies are available and clearly identified for use by any employee. A rise in the general output or in production proficiency will reduce costs and in turn benefit the company.Supply Chain Design Paper For this week’s assignment, Learning Team A was assigned the task of reviewing Riordan Manufacturing, Inc., a virtual organization wholly owned by Riordan Industries.

This company produces plastics for customers all over the world. Production Plan for Riordan Manufacturing Essay Sample. In this paper, Team B discusses strategic capacity planning and lean production for new process design and supply chain processes for the electric fans at Riordan Manufacturing.

Riordan Manufacturing’s Supply Chain Design OPS/ August 3, Riordan Manufacturing’s Supply Chain Design Introduction A company’s supply chain design is crucial in helping to understand what the key activities and drivers are to the results produced which includes operational results, sales results, and financial results.

Riordan Manufacturing Supply Chain Design Shante Moore University of Phoenix/OPS Introduction Riordan Manufacturing is a global plastics manufacturer and industry leader in the field of plastic injection molding with locations in Georgia, Michigan, California, and their most current expansion in to Hangzhou, China.

Riordan Manufacturing Supply Chain Design Shante Moore University of Phoenix/OPS Introduction Riordan Manufacturing is a global plastics manufacturer and industry leader in the field of plastic injection molding with locations in Georgia, Michigan, California, and their most current expansion in to Hangzhou, China.

The plant located in. Creating a team to implement the manufacturing design will enable the Albany plant to efficiently meet customer demand with high quality custom designed bottles. The new manufacturing process will significantly contribute to Riordan’s overall supply chain efficiency to deliver the new bottles to its customers on time and at the right value.

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Riordan manufacturing supply chain design team
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