Riordan Manufacturing has production plants located in Albany‚ GA‚ Pontiac‚ MI‚ and their overseas plant in Hangzhouz‚ China. Each location is responsible for different production lines and inventory. The Research and Development department is located in San Jose‚ CA‚ Riordan’s headquarters. Riordan Manufacturing’s Vice President (VP) of Operations has a service request for an implementation of a Manufacturing Resource Plan (MRP) among Riordan’s three plants into one system. This request will
Premium Supply chain management terms Sales order Personal computer
Solutions Riordan Manufacturing Abstract The following paper will provide a brief background explanation detailing some of the issues found in the Manufacture. There will a series of three possible solutions identified for Riordan where one will be officially chosen. A brief description of the chosen strategy and solutions will then be detailed to provide a better understanding as to why the solution was the best fit for the company. The paper will proceed with an elaboration of each Riordan department
Premium Manufacturing Sales Motivation
OPS FINAL EXAM 1- IS WHEN THE ACTIVITIES IN THE STAGE MUST STOP BECAUSE THERE IS NO PLACE TO DEPOSIT THE ITEM JUST COMPLETED? A- BLOCKING 2- ACCORDING TO YOUR TEXT‚ THE MOST COMMON PROCESS METRIC IS A- UTILIZATION 3- DECLINING PRODUCT PRICES A- INCREASE THE BREAK-EVEN POINT 4- THE TYPE OF PROCESSING STRUCTURE THAT IS USED FOR PRODUCING DISCRETE PRODUCTS AT A CONTROLLED RATE IS A- ASSEMBLY LINE 5- THE BEST PROCESS FLOW STRUCTURE
Premium Capacity utilization Forecasting
2009 Accounting Cycle Description Paper An organization’s accounting information system includes collecting information then dividing the information into cycles. This paper will identify the five accounting cycles and specifically how Riordan Manufacturing uses the expenditure cycle. The strengths and weaknesses of the internal controls related to the expenditure cycle will be examined. This paper will explain how to integrate the expenditure cycle into an enterprise-wide accounting information
Premium Generally Accepted Accounting Principles Management Finance
Riordan Manufacturing FIN 370 February 2013 University of Phoenix Riordan Manufacturing Riordan Manufacturing is a global manufacturer with projected annual earnings of $46 million. The parent company Riordan Industries Incorporated is a Fortune 1000 enterprise. The company specializes in manufacturing plastic beverage containers‚ custom plastic parts‚ and plastic fan parts. Manufacturers from the automotive‚ aircraft‚ appliance‚ as well beverage makers and bottlers are major customers. The
Premium Initial public offering
Riordan Manufacturing has three operating entities Georgia‚ Michigan and California plus a joint venture in the People’s Republic of China. Basically‚ the operating entities each have their own Finance & Accounting Systems and they provide input that is consolidated at Corporate San Jose. The basic components of each system are as follows: General Ledger Accounts Payable Accounts Receivable Order Entry Procurement Sales and Purchasing History Invoicing and Shipping Payroll Financial
Premium Accounts receivable Accounting software Accounts payable
OPS/571 February 13‚ 2012 Riordan Manufacturing Learning Team C has completed the analysis of Riordan Manufacturing’s electric fan design process and has developed a proposal outlining the changes that need to be implemented. The team is proposing to focus on total quality management (TQM); this will allow Riordan to remain focused and efficient in areas of opportunity‚ and to excel in all aspects of the electric fans that are important to customers. The team’s recommendation is to use quality
Premium Management Manufacturing Project management
Management The company was founded by Dr. Riordan‚ a professor of chemistry he started Riordan plastics‚ Inc in 1991. Riordan Manufacturing is a global plastics‚ medical supplies‚ stents‚ automotive parts‚ appliance manufacture ’s parts‚ airplane parts‚ and beverage containers manufacturer. Riordan has 500 employees with a projected annual earnings of $46 million and a fortune of 1000 enterprises with revenues of $1 billion. Riordan Manufacturing has 4 worldwide locations Albany Georgia‚ Pontiac
Premium Organizational structure Organizational culture
be improved? Riordan Manufacturing’s knowledge Management efforts focus on their business strategy‚ information technology‚ or human resource management departments that how they can improve their operational‚ Sales and Marketing efforts to increase the sales‚ how information systems can be improved and how its Human Resource Department will become more efficient and how legal department will perform better. Improvement in Sales and Marketing Department By looking at Riordan sales and marketing
Premium Customer service Human resources Customer relationship management
Design Riordan Manufacturing is a global plastics manufacturer and is a subsidiary of Riordan Industries. Riordan Manufacturing has three main production facilities located in Georgia‚ Michigan and Hangzhou‚ China. This paper will focus on the manufacturing business and supply chain activities of the electric fan production in Hangzhou China with information on manufacturing strategy‚ production performance‚ supplier relationships‚ forecasting and inventory. Manufacturing Strategy Riordan Manufacturing
Premium Inventory Manufacturing Forecasting