Abstract Riordan Manufacturing is a company responsible for producing plastics globally. Some of their products include plastic beverage containers and plastic fan parts. Our team has been asked to put together an executive summary regarding identifying some areas needing improvement‚ defining the purpose of the project as well as who the key stakeholders are. Below is the review of our findings.
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Riordan Manufacturing Customer Management System Andrea McLelland‚ Kelly Feuerhak‚ Melissa Robinson Slaton‚ and Marco Elizaldi MGT/311 February 23‚ 2015 Michael Ventrone Riordan Manufacturing Customer Management System Change Management Plan Identify Power Structures Organizational Structures Potential Effects Riordan Manufacturing maintains a focus on growing its’ employees through providing a stable‚ team-oriented environment. The type of culture Riordan’s provide will continue to build the
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Functional Areas of Business Management — Management is the practice of coordinating and overseeing the work of others so that organizational goals can be accomplished. Managers ensure business success through efficiency and the effective use of employees‚ the business’s most important resource. Law — Business law is the study of the legal aspects of business that affect companies and small firms. Managers use business law to ensure that the firm’s operations are legally sound and that the business
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Abstract Mr. Hugh McCauley‚ 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
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Riordan Manufacturing Offshore Outsource Plan Introduction Riordan Manufacturing is a $1 billion company owned by Riordan Industries; a Fortune 1000 enterprise with specialization in the field of plastic injection molding. The company has 550 employees with projected annual earnings of $46 million. The original company was Riordan Plastics‚ Inc. started by founder Dr. Riordan in 1991 and in 1992; it was renamed to Riordan Manufacturing. In 1993‚ the company expended into the production of plastic
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Task 1: Research different functional areas‚ provide definitions of each of these functions: * Customer Servise Customer service is the provision of service to customers before‚ during and after a purchase. Customer service is a series of activities designed to enhance the level of customer satisfaction – that is‚ the feeling that a product or service has met the customer expectation. Its importance varies by products‚ industry and customer; defective or broken merchandise can be exchanged
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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 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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roles Management can be very complex as they have to respond to planned and unplanned issues that can occur at any given time. Managers have a variety of duties to perform within an organization to help it function properly within the area of business. One of the areas of business that a manager plays a role in is Strategic Planning. Organizing and planning is a priority in businesses. Organizing and planning has objectives that involve developing business goals‚ organizing business resources to
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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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