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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Riordan Manufacturing SR-rm-004 � PAGE * MERGEFORMAT �1� Riordan Manufacturing SR-rm-004 Introduction Riordan Manufacturing ’s background of request is to take advantage of a more sophisticated‚ state-of-the-art‚ information technology in our human resources department (Riordan Manufacturing‚ 2008). The method which will be applied to analyze and design the new human resources system for Riordan Manufacturing will be the systems development life cycle‚ which is known as SDLC. Three sections of
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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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Riordan Manufacturing Virtual Organization Strategic Plan Strategic planning considered one of the important factors to be considered by organizations seeking to improve business and process within the current organization scope. Riordan Manufacturing Inc. has become a global leader in the area of plastic injection molding with state-of-the-art design capabilities. Currently Riordan Manufacturing Inc. is looking to develop and implement a strategic plan for the organization to improve process‚
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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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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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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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