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
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Riordan Manufacturing Financial State BSA 500 University of Phoenix 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
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Riordan Manufacturing Inc. can expand operations through a merger with an already existing company. Some of the benefits of a merger include increased cost efficiency‚ market shares‚ and value generation. Mergers also present the possibility of tax gains‚ capital cost reduction‚ and an increase in revenues. Even though there are many benefits to a merger‚ there are also issues that would be considered negative. To evaluate the option of a merger as a means to expand operations‚ it is necessary to
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Riordan Production Plan Riordan Production Plan Understanding the various components of a production plan is essential to a balanced operations strategy. Unexpected variations in the plan can result in bottlenecks and costly inventory excesses (Aquilano‚ Chase & Jacobs‚ 2006). This essay will discuss two production plan components‚ strategic capacity planning and lean production‚ for the new process design and supply chain process for the electric fans at Riordan Manufacturing. Production
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Running head: RIORDAN MANUFACTURING Riordan Manufacturing BSA/310 BSA/310 Week Four Assignment Riordan Manufacturing Summary Riordan Manufacturing was founded by Dr. Riordan‚ a professor of chemistry who started Riordan Plastic Incorporated in the year 1991. At first‚ the company’s main focus was on research and development along with licensing any and all Riordan Manufacturing’s current patents. In 1992 Dr. Riordan bought a fan manufacturing plant in Pontiac‚ MI. and had the
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Riordin Manufacturing Company Team A: Neal Hennessy‚ DeDe Gearhardt‚ and Jennifer Walker ACC/340 – Accounting Information Systems I February 23‚ 2015 Joyce Williams Introduction Riordan Manufacturing Inc. Dr. Riordin started Riordin Manufacturing Inc. in the year 1991. This is an industry leading in using polymer materials to provide solutions to customers challenges. Production: Beverage containers‚ beverage makers‚ and bottlers. Automotive parts‚ aircraft parts‚ appliances Custom parts and
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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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the COO of Riordan Manufacturing‚ Inc. has submitted a service request SR-rm-004. This request is to analyze the current Human Resources system and to integrate the existing variety of tools used today into a single integrated application at all plant locations. Mr. McCauley would like to take advantage of a more sophisticated‚ state-of-the-art‚ information technology system for the Human Resources department. The IT team will examine the current information system and the possible design and development
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Strategic Capacity Planning Several factors are taken into consideration for strategic capacity planning. Because Riordan Manufacturing produces plastic injection molding to create innovative plastic designs capacity planning is viewed in three time durations. First is long range‚ which means greater than one year and include buildings‚ equipment or facilities. Second‚ is intermediate range‚ which involves monthly or quarterly plans for the next 6 to 18 months. On this level capacity can vary
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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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