for Riordan Manufacturing 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
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Running head: Process Design for Riordan Manufacturing Process Design for Riordan Manufacturing University of Phoenix Operations Management – OPS/571 Abstract This paper focuses on a process design‚ production forecast‚ and implementation of said design for Riordan Manufacturing. . Table of Contents Abstract 2 Title of Paper 4 Introduction 4 MRP 4-5 Process Design 5-6 Supply Chain 6 Production Forecast 7 Implementation Plan
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Riordan Manufacturing Production Plan Riordan Manufacturing Production Plan Riordan Manufacturing‚ Incorporated has become a leader within the industry of plastic molding. An eclectic array of state-of-the art design products (plastic beverage containers‚ custom plastic parts‚ and plastic fan parts)‚ and attention to detail pertaining to quality control‚ are some of the main factors contributing to the company’s success (Riordan‚ 2008). Each specialized plastic is in a different location:
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Production Plan for Riordan Manufacturing The intended principle of this study is to submit suggestions for a new process design and the supply chain at Riordan Manufacturing‚ Inc. The reformation will utilize the theory of Lean Production in the application of the electric fans manufacturing. The research uses Riordan Manufacturing‚ Inc. intranet information. This paper will present a complete production plan for two of the Riordan Manufacturing Inc. locations: Hangzhou‚ China and Pontiac‚
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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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System Overview Several processes within Riordan’s Human Resource Information System (HRIS) have been identified as disjointed and Riordan wants to integrate those processes into the HRIS to create a more seamless‚ secure and efficient system. Manual processes as well as partially automated processes‚ both internal and external third party‚ will need to be integrated into the HRIS system to accomplish this integration goal. HRIS Updates Changes to information in the HRIS database are currently
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Riordan Manufacturing‚ Inc. Business Analysis Learning Team B BSA 500 University of Phoenix Instructor: Charlotte Bonner October 6‚ 2008 * Riordan Manufacturing‚ Inc. Business Analysis * ****INTRO GOES HERE – DANA WILL WRITE IT AS WE NEAR COMPLETION History of Riordan Riordan Manufacturing Inc. is a leading global manufacturer of plastic injection molding components. Some of the components that it manufactures include: plastic bottles
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Running head: RIORDAN MANUFACTURING PRODUCTION PLAN Riordan Manufacturing Production Plan Linda Head‚ Jamie Ingram‚ Charles Johnson and Carmelita Luhrsen University of Phoenix OPS/571 – Operations Management September 6‚ 2011 Riordan Manufacturing Production Plan Riordan Manufacturing is a global industry leader in plastic manufacturing. It is headquartered in San Jose‚ California. The company produces plastic beverage containers‚ custom plastic parts‚ and plastic fan parts. Each
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1. I want to start with a picture of a doughnut. The reason why is because when we see it you begin to salivate because you might want to eat a doughnut. But it also has a hole in it‚ and if you were to stick your finger through the hole in a doughnut‚ that a lot like food moving through the hole that is your digestive system. In other words its going to move all the way from your mouth out your anus. But its not realy inside of you. When you stick your finger through the hole of a doughnut it not
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FINANCIAL FORECASTING: RIORDAN MANUFACTURING Introduction Financial forecasting allows financial managers to anticipate events before they occur‚ particularly the need for raising funds externally. An important consideration is that growth may call for additional sources of financing because profit is often inadequate to cover the net buildup in receivables‚ inventory‚ and other asset accounts. When forecasting‚ one must take into account estimated future levels of receivables‚ inventory‚ payables
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