Production Plan for Riordan Manufacturing

Only available on StudyMode
  • Download(s) : 327
  • Published : May 4, 2013
Open Document
Text Preview
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 and California plus a joint venture in the People's Republic of China. Riordan expanded production and design of electric fans to an overseas operation plant in Hangzhou, China. The China plant is a decentralized unit that schedules production of electric fans to meet the forecasted sales. The current supply chain process in place is not efficient. Riordan Manufacturing will need a strategic capacity plan, which will provide an approach for determining the capacity level of capital-intensive resources—facilities, equipment, and overall labor force size—that best supports the company’s long-range competitive strategy (Chase, Jacobs, & Aquilano, 2006). The goal is to provide an efficient and effective new process design and supply chain process for the electric fans at Riordan. Strategic Capacity Planning

It is essential that Riordan Manufacturing develop a well-designed strategic capacity plan in order to ensure that the business is profitable and produces the electric fans in a cost-effective manner. The success of a supply chain lies in good strategic and tactical planning and monitoring at the operational level. “Strategic planning is long-term planning and usually involves selecting providers and distributors, location and capacity planning of manufacturing/servicing units, among others. In the context of supply chain design we usually consider two aspects in the selection of partners: the qualitative aspect and the quantitative aspect. The qualitative...
tracking img