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Riordan Manufacturing Essay Topics & Paper Examples

Benefit and Drivers

Riordan Manufacturing vision is “Focus on achieving and maintain reasonable profitability to assure that the financial and human capital is available for sustained growth.” To achieve the vision Riordan manufacturing mission is to become industry leaders in using polymer materials to provide solutions to customer’s challenges. Riordan’s management team is developing a consultant tem to create a new focus on creativity and innovation (Riordan Mfg., 2013). Team A will assume the role of consultant team for the Riordan and identify the internal and external drivers of innovation for Riordan. Also, describe how innovation, design, and creative thinking may benefit Riordan in terms of meeting its organizational objectives. Internal Drivers – Erica At Riordan Manufacturing, there are many internal drivers of…

Riordan Fan Manufacturing Supply Chain Team

Riordan Manufacturing is the industry leader in the field of plastic injection molding. They are a massive organization that currently operates out of three plants. One plant is in Albany, GA, this is where the plastic bottles are produced. Then they do their custom plastic fabrication in Pontiac, MI. Then in Hangzhou, China they currently operate a decentralized unit of the organization, this is where they produce electric fans. While forming a process design for Riordan’s fan production operation, it is imperative to construct a complete production system that includes many different phases of production, including process design, material requirements planning (MRP), accurate forecasting methods, supply chain considerations such as just-in-time manufacturing, total quality management, and a means of implementing…

Measuring Success for Riordan

With the goal of realizing sustainability for the shareholders, Riordan Manufacturing is working towards a growth strategy that will further expand operations globally. Expansion of business outside of the United States and Hangzhou, China will help Riordan gain brand recognition and claim greater market share within their industry. Global operations will also help to streamline shipping processes to overseas customers, and reduce wasted hours and expenditures. With a strategy drawn up and the implementation ready to begin, Riordan Manufacturing needs to realize that progress needs to be tracked. Certain measurement techniques and assessment protocols should be in place to verify that the strategy is implemented properly. In this paper measurement guidelines will be given that will verify strategy effectiveness, assessment…

Riordan Manufacturing Financial State

Riordan Manufacturing (RM) is a global organization that specializes in the manufacture of molded plastic products. With revenues in excess of $1 billion, RM employs 550 people and has projected annual earnings of $46 million. The organization operates three separate manufacturing facilities located in Albany, Georgia, Pontiac, Michigan, and a joint venture in Hangzhou, China. With such a broad base, the company faces some challenges with the current infrastructure of its accounting system. Its three distinct entities in Georgia, Michigan, and China employ their own independent finance and accounting systems providing input for consolidation at the corporate headquarters in San Jose. As a result of incompatibilities, the data format the home office receives requires time and effort for processing (Apollo…

Riordan Manufacturing Integrated Human Resource

Riordan Manufacturing is looking to integrate their existing human resource tools in use today into a single integrated application. This new system is long overdue and in order to implement a successful system certain criteria must be obtained. The first step in the process includes gathering information on the current and proposed system, setting the scope and goals for the project, and considering the projects feasibility. Information-Gathering TechniquesA. InterviewsTo begin my research, I would take the interview approach. In order to conduct a successful interview I have create some interview criteria. 1.Determine who to interview2.Create interview questions3.Conduct the interview4.Document the interview5.Evaluate the interviewInterviews are often the best method to gather detailed information about people’s impressions, experiences, ideas, and attitudes. The…

Riordan Manufacturing Accounting System Analysis

Riordan Manufacturing Incorporation is the transformation of Riordan Plastics, Inc which was founded in 1991 by Dr. Riordan in response to the commercial application of Research and Development in processing polymers. Riordan Manufacturing is wholly owned by Riordan Industries. With revenues in excess of $1 billion, Riordan Industries has entered into the Fortune 1000 enterprise distinction. The transformation which took place 1992 was made possible by the Venture Capital which Dr. Riordan obtained. Originally Riordan was a manufacturer of plastic fan parts used primarily in the automotive industry. In 1993, the company acquired a beverage container manufacturing plant in Albany, GA and as a result expanded into that industry, and . In 2000, the company began a joint venture operation…