Riordan Manufacturing is a global plastics manufacturer. Their products include plastic beverage containers produced in Albany‚ Georgia‚ custom plastic parts produced in Pontiac‚ Michigan‚ and plastic fan parts produced in Hang Zhou‚ China (UOPX‚ 2013‚ p. 1). Riordan’s research and development is in San Jose‚ California (Corporate Headquarters). Riordan ’s main customers are automotive parts manufacturers‚ aircraft manufacturers‚ the Department of Defense‚ beverage makers and bottlers‚ and appliance
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LOGISTICS IN RIORDAN MANUFACTURING Operations and Logistics in Riordan Manufacturing Learning Team B University Of Phoenix BSA/502 June 1‚ 2009 Operations and Logistics in Riordan Manufacturing Operations and logistics form the base of every organization‚ whether in manufacturing‚ service or nonprofit industries. Operations management and logistics within Riordan Manufacturing although
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Riordan Manufacturing This paper takes a good look at the situation‚ opportunities and challenging issues that are facing Riordan Manufacturing Company. Through analyzing the situations‚ opportunities‚ and challenges the true problem with Riordan ’s human capital is realized. The end-state goals will direct Riordan Manufacturing to improve human resource practices‚ which will give Riordan a sustained competitive advantage (Dreher & Dougherty‚ 2001). Situation Background Riordan Manufacturing is
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fit for Riordan Manufacturing. The Riordan mission focuses on leading and exceeding industry standards for quality‚ including those set by the ISO 9000. Riordan’s competitive strategy includes leading industry research and development which gives the organization opportunity to adapt to external factors ahead of competitors. Developing new and innovative materials and ones that are environmentally sustainable satisfies Riordan’s desire to be "a solution provider for our customers" (Riordan Manufacturing
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OPS/571 September 29‚ 2014 Aaron Manley Manufacturing Strategy Riordan Manufacturing uses a stable workforce with variable work hours as the production strategy. “Riordan Manufacturing ’s China plant operates as a decentralized unit of Riordan Manufacturing. It prepares its own forecast of electric fan sales throughout the world‚ which includes the United States. ”Riordan schedules production of these fans to meet the forecasted sales” (Riordan‚ 2014‚ Operations‚ p. 1). The benefits of using
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solvency ratios regarding the Riordan Manufacturing Inc‚ it has revealed that the company is able to pay its debts to the creditors and investors. The liquidity ratio is good for our investors‚ creditors and bankers so that they can see that we can pay off our debts. With the profitability ratio‚ it comes in handy for the company when trying to find out if we have made any profit for the year or it we have lost money. With using the profitability ratio that accounting team has found a profit margin
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Accounts Receivable Cycle Riordan Manufacturing‚ an industry leader in the field of plastic injection molding‚ has facilities in California‚ Georgia‚ Michigan and China. The accounting functions are carried out in each individual location‚ and consolidated for processing in the corporate offices in California. The Georgia and Michigan locations‚ being newly acquired‚ are using systems that are not completely compatible with the corporate offices. This is causing problems on many levels and within
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Strategic Plan Paper Strategic Plan Paper Introduction Riordan Manufacturing is a plastic manufacturing company founded in 1991‚ employing 550 people and has projected annual earnings of $46 million. They are a global company with three total manufacturing locations‚ two being in the United States and one in China. Riordan Manufacturing recognizes the importance of strategic planning as part of long term success of the business‚ which will be outlined in this paper. In order for a company to
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Riordan Manufacturing Change Management and Communication Plan Riordan Manufacturing has been in business for over a decade and has been named an industry leader as a global plastics manufacturer because of their materials and identifying trends (Apollo Group‚ Inc.‚ 2013). Because this organization is known for their contemporary mode of conducting business‚ a new formal system is being implemented for managing customer information that all employees will be required to adopt. Change Management
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Running head: PRODUCTION PLAN FOR RIORDAN MANUFACTURING Production Plan for Riordan Manufacturing University of Phoenix Online OPS 571: Operations Management December 21‚ 2009 Production Plan for Riordan Manufacturing Introduction Riordan Manufacturing‚ Inc. is a global leader in the field of plastic injection molding with state of the art design capabilities that has made the company competitive in the global market. Riordan has three operating entities in Georgia‚ Michigan
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