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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Riordan Manufacturing Executive Summary Ryan Schnabel The University of Phoenix CIS 319 Computer & Information Processing Dave Karpinsky March 24‚ 2005 Executive Summary: As a Fortune 1000 enterprise‚ and an industry leader in the field of plastic injection molding‚ Riordan Manufacturing‚ offers state-of-the art plastics design capabilities through its facilities in San Jose‚ California; Albany‚ Georgia; Pontiac‚ Michigan; and Hang Zhou‚ China. Currently‚ Riordan’s COO‚ Hugh McCauley‚ and
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Riordan Manufacturing Offshore Outsource Plan Introduction Riordan Manufacturing is a $1 billion company owned by Riordan Industries; a Fortune 1000 enterprise with specialization in the field of plastic injection molding. The company has 550 employees with projected annual earnings of $46 million. The original company was Riordan Plastics‚ Inc. started by founder Dr. Riordan in 1991 and in 1992; it was renamed to Riordan Manufacturing. In 1993‚ the company expended into the production of plastic
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MEMORANDUM TO: CEO‚ Riordan Manufacturing Inc. FROM: Financial Analyst DATE: Tuesday‚ July 30‚ 2013 SUBJECT: Ratio analysis of Riordan Manufacturing Riordan manufacturing has developed as a producer of plastics as well as foam-based products. Listed below is a quick analysis of the company using liquidity‚ profitability‚ and solvency ratios. The analysis is accompanied by vertical and horizontal analysis
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Executive Summary Riordan Manufacturing has requested assistance to provide specific recommendations for improving their inventory system. The objective for this service request is to analyze the current processes in inventory and define business requirements for system upgrades and improvements. Business requirements were established using a set of metrics to evaluate three options for improving inventory practices at Riordan. The three options evaluated are Enterprise Resource Planning
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Currently at Riordan Manufacturing there type of formal power structure is reward power. This means employees are motivated to perform on the basis of reward at the yearly performance evaluation. Other types of incentives offered for performance for being an outstanding employee‚ length of service and an employee suggestion program. (“Riordan Manufacturing”‚ 2013) Because of the reward system‚ the informal power structure is related to referent and expert power structure. The direct effect of power
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Potential Bottlenecks that Face Riordan Manufacturing: China plant operates as a decentralized unit of Riordan Manufacturing. Parts are purchased by buyers in the China Plant’s purchasing department from a local Chinese company. While this company attempts to maintain adequate quantities of electric motors in stock to meet all its order requirements‚ its on-time deliveries over the past year have averaged only 93%. Part of the China’s plant’s business is a make-to-stock operation in which the
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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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Riordan Manufacturing Process Design Proposal Package Description Riordan Manufacturing is in need of a new process for its manufacturing of electric fans. With potential bottlenecks from the current process‚ both time management and expenses have been suffering. Many factors have been taken into consideration with the new innovative process. With the utilization of the new process it is not only going to be time saving but also will illustrate overall revenue growth. The proposal will
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Student BSA/375 Instructor Date Service Request SR-rm-022 Riordan Manufacturing Riordan Manufacturing’s COO‚ Hugh McCauley wants to integrate the existing variety of HR tools into a single integrated application in all of Riordan Manufacturing plant locations. He states‚ “We would like to take advantage of a more sophisticated‚ state-of-the-art‚ information systems technology in our Human Resources department” (Riordan Manufacturing‚ 2006) It states on the service request that the project should
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