Qnt 571 Supply Chain Design Research Paper
Supply Chain Design Paper
QNT/571
February 25, 2015
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. Our team will cover the manufacturing strategy, performance methods, supplier relationship, and lean production. Lastly, our team has developed a future sales forecasting plan for Riordan as well as an aggregate production, master schedule, and materials requirement plan.
After thoroughly researching the manufacturing company Riordan, we have determined the company uses a combined strategy of both chase and level. The chase strategy is best described …show more content…
For Ridoran, this can sometimes be the case, but not often which is why the level strategy is also used in conjunction. The overall benefit of this mix empowers enhancement of objectives and lower expenses more so than freely. Organizations and companies inside the administration business that utilize this method are in a sense demand matching which implies that the workforce must match the demand (Chopra & Meindl, 2013). Riordan Manufacturing will execute another process for their supply chain in the future, that will keep a deficiency or excess of generated materials, diminish material waste, reduce back orders, and increase sales. Right now with the current system, the worker is measuring the measure of crude materials utilized day by day. At that point, the representative gives the data to the stock agent. The new supply chain process will not only increase sales, but will dispatch a modernized framework that will compute the utilization of materials. This will diminish human lapse and give input all the more rapidly. The satisfaction of requests is proficient in diverse stages. The new system will deliver precise aggregates of crude materials and stock for the company. Attachment 1 provides the projected sales forecast for Riordan …show more content…
423).” The combination of improved customer service and reduced cost Riordan Manufacturing is destined to achieve a momentous competitive lead in the entire global enterprise. Other techniques Riordan Manufacturing could implement to maximize the efficiency and effectiveness of the electric fan supply chain process is to design a lean layout that ensures a balanced workflow with a minimum of work-in-process inventory. Also by developing JIT (just-in-time) process for components required for the custom plastic fabrication. Lastly, the involvement of visual inventory management for consistent use of parts (Kanban) all techniques will maximize the efficiency and effectiveness of the supply chain
QNT/571
February 25, 2015
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. Our team will cover the manufacturing strategy, performance methods, supplier relationship, and lean production. Lastly, our team has developed a future sales forecasting plan for Riordan as well as an aggregate production, master schedule, and materials requirement plan.
After thoroughly researching the manufacturing company Riordan, we have determined the company uses a combined strategy of both chase and level. The chase strategy is best described …show more content…
For Ridoran, this can sometimes be the case, but not often which is why the level strategy is also used in conjunction. The overall benefit of this mix empowers enhancement of objectives and lower expenses more so than freely. Organizations and companies inside the administration business that utilize this method are in a sense demand matching which implies that the workforce must match the demand (Chopra & Meindl, 2013). Riordan Manufacturing will execute another process for their supply chain in the future, that will keep a deficiency or excess of generated materials, diminish material waste, reduce back orders, and increase sales. Right now with the current system, the worker is measuring the measure of crude materials utilized day by day. At that point, the representative gives the data to the stock agent. The new supply chain process will not only increase sales, but will dispatch a modernized framework that will compute the utilization of materials. This will diminish human lapse and give input all the more rapidly. The satisfaction of requests is proficient in diverse stages. The new system will deliver precise aggregates of crude materials and stock for the company. Attachment 1 provides the projected sales forecast for Riordan …show more content…
423).” The combination of improved customer service and reduced cost Riordan Manufacturing is destined to achieve a momentous competitive lead in the entire global enterprise. Other techniques Riordan Manufacturing could implement to maximize the efficiency and effectiveness of the electric fan supply chain process is to design a lean layout that ensures a balanced workflow with a minimum of work-in-process inventory. Also by developing JIT (just-in-time) process for components required for the custom plastic fabrication. Lastly, the involvement of visual inventory management for consistent use of parts (Kanban) all techniques will maximize the efficiency and effectiveness of the supply chain