Riordan Corporate Compliance Plan University of Phoenix Introduction Riordan Manufacturing was founded in 1991 with patent awards from processing polymers into strong plastic substrates (University of Phoenix‚ 2003). In Albany‚ Georgia‚ the organization’s first manufacturing plant saw growth through the production of plastic beverage containers in 1993. Today‚ Riordan Manufacturing has custom plastic parts produced in Pontiac‚ Michigan as well as plastic fan parts in Hangzhou‚ China.
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Riordan Manufacturing Outsourcing Plan Introduction Riordan Manufacturing (RM) is an established global plastics producer‚ which employees 550 individuals and their projected annual earnings are $46 million. RM has production divided among three plants. RM’s mission is to focus on achieving and maintaining profit that ensures that the financial and human capital is available to sustain growth. In week three‚ team C established four potential outsourcing options. Of those four potentials‚ RM
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Riordan Manufacturing Recommendations Riordan Manufacturer is a global producer of plastics. They operate in four locations‚ three in the United States and one plant in the People’s Republic of China. Riordan’s United States’ plastic products include beverage containers produced in Atlanta‚ Georgia‚ and custom plastic parts in Pontiac‚ Michigan. The Hangzhou‚ China plant produces plastic fan parts and corporate headquarters is in San Jose‚ California‚ (Apollo Group‚ 2006). Riordan Manufacturing
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as it does astride the typhoon belt‚ in the active volcanic region known as the “Pacific Ring of Fire‚” and in the geologically unstable region between the Pacific and Eurasian tectonic plates. The Philippines also suffers major human-caused environmental degradation aggravated by a high annual population growth rate‚ including loss of agricultural lands‚ deforestation‚ soil erosion‚ air and water pollution‚ improper disposal of solid and toxic wastes‚ loss of coral reefs‚ mismanagement and abuse
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Established in 1988 in Shenzen‚ China‚ Huawei Technologies Co.‚ Ltd. has been ranked not only as one of the fastest growing companies.( Huawei media release) but also as one of the fastest growing telecommunications network providers globally.(ZDNet Asia 2006) Armed with very strong cost leadership‚ there is no stopping of this upward trend which the company is currently exhibiting. Huawei Technology’s. vision has been to “To enrich life through communication” with a mission to “focus on its customers’
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Riordan Manufacturing – Team Strategy Plan MGT/311 Riordan Manufacturing – Team Strategy Plan Superintendents at Riordan Manufacturing believe teams are an essential way to distribute job duties and complete a task on time. Teams will begin to form from current employees and some new hire. The objective of the teams is to start production of the newly designed CardiCare Valve at the Pontiac Michigan facility. The purpose of this paper is to identify strategies available to
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Operations Officer of Riordan manufacturing sent out two memos with regards their China relocation and the IT Special Project. The persons contacted were Charles Williamson‚ VP of International Operations; Dale Edgel‚ Chief Financial Officer; Lowell Bradford‚ Chief Legal Counsel; Clyde Cousins‚ VP of Transportation; Maria Trinh‚ Chief Information Officer; Robert Lord‚ Director of Plant Operations who lives in China; and the company’s namesake‚ President‚ and CEO Michael Riordan. Persons in all levels
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Riordan Manufacturing Current Financial State James Steven Austin‚ Henry Berger‚ Brian Lee Conway‚ Floretta LeFlore‚ Dedrick Shelmire BSA/500 November 8‚ 2010 Anthony L. Fields Riordan Manufacturing Current Financial State Riordan’s current financial state will be explained the by following accounting ratios. The current ratio is 1.17 which means the company is not in a very good financial state for lenders most lenders will look for a 2.00 or higher. The acid-test ratio is 5.07 which
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Kirk Samuda University of Phoenix BSA/375 Week (4) Mr. Jeffrey Mc Nickle Riordan Manufacturing must acknowledge that the initiation of any project can get a black eye because of implementation problems. As such‚ they should realize that the major overall problem with implementation is that complexities associated with it‚ usually occurs when the solution is deployed. Hence‚ many of the details of implementation must be planned ahead of time. The HR & IT departments cannot
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Environmental Scan Companies that use environmental scanning are much more likely to have a higher percentage of business conducted within their market‚ than companies that are shooting at the broad-side of a barn‚ hoping against hope to hit the target. Researching a company’s target market is a much better‚ & more profitable approach. Environmental scanning can help you identify the trends in the marketplace‚ that are most likely to affect the stakeholders - whether it be a good trend‚ or a bad
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