Operations Management 571 (OPS571)
“Riordan Manufacturing is a global plastics manufacturer employing 550 people with projected annual earnings of $46 million. The company is wholly owned by Riordan Industries, a Fortune 1000 enterprise with revenues in excess of $1 billion”. (University of Phoenix, pg.1, 2013) Riordan corporate headquarters is in San Jose, California. The company’s research and development is conducted here. A chemistry professor Dr. Riordan founded the company in 1991. Since then it has grown to an international company “with plastic beverage containers produced at its plant in Albany, Georgia, custom plastic parts produced at its plant in Pontiac, Michigan, and plastic fan parts produced at its facilities in Hangzhou, China”. (University of Phoenix, pg.1, 2013) In 1992 Dr. Riordan obtained venture capital and purchased a fan manufacturing plant in Pontiac, Michigan, the company received its name of Riordan Manufacturing during this. In 2000 the company expanded and moved its entire fan manufacturing operations from Michigan to China.
Mission Statement
Riordan Manufacturing mission is to be a world leader in polymer materials. They provide these solutions to customer that are facing challenges and also helps identifying different trends. Riordan customer relationship goal is to facilitate long-term relationships from maintaining innovative designs, responsive customer service, quality control checks, and affordable price. The company commitment to its employees is “to maintain an innovative and team orientated work environment by assuring that our employees are well informed and properly supported, we will provide a climate focused on the long term viability of our company”. (University of Phoenix, pg.1, 2013)
Process
Riordan Manufacturing produces their electric fans in China at their Hangzhou plant. The plant focuses on quantity versus quality concerning the production of the fans.
References: University of Phoenix. (2013). Riordan Manufacturing. Retrieved from University of Phoenix, OPS571 - Operations Management website. Wise Geek. (2013). What Is Strategic Capacity Planning?. Retrieved from http://www.wisegeek.com/what-is-strategic-capacity-planning.htm