IntroductionRiordan Manufacturing is a global plastics injection molding company‚ employing 550 people with estimated annual earnings of $46 million. Dr. Riordan‚ a professor of chemistry‚ who had obtained several patents relative to processing polymers into high tensile strength plastic substrates‚ was also the founder of Riordan Manufacturing. Sensing the commercial applications for his patents‚ Dr. Riordan started Riordan Plastics‚ Inc. in 1991. Owned by Riordan Industries‚ which is a fortune
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Running head: RIORDAN INTERNATIONAL BUSINESS International Business Legal Issues Riordan Manufacturing University of Phoenix BUS415 Business Law Scott Waddell Riordan Manufacturing is an industry leader in plastic injection molding with plants in Georgia‚ Michigan and now China. With the company’s expansion into a global market‚ the electronic commerce (e-business) will be a beneficial form of commerce that is currently flourishing in the modern world of global business. The Internet
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Riordan Manufacturing Production Plan Pedro A Rios Jr.‚ Nelson Christensen‚ Teresa Swander‚ Chrystal Marcum and Kapricia Crosby University of Phoenix Operations Management OPS 571 Ashley Carr January 10‚ 2011 Riordan Production Plan Riordan Manufacturing is a global plastics manufacturer employing 550 people with projected annual earnings of $46 million. Riordan’s main customers range from automotive parts manufacturers to the Department of Defense. One of Riordan’s main productions
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Write a paper of no more than 1‚400-words that includes the following: • Determine Riordan’s manufacturing strategy (chase‚ level‚ or combination) and explain its benefits. • Create a process flow diagram for the electric fan supply chain. • Select two metrics to evaluate performance of the electric fan supply chain. • Describe the supplier relationship and the effects on the supply chain. As part of this consider the following: o Type of relationship o Supplier location‚ size of company
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This work OPS 571 Week 6 Individual Assignment Process Design for Riordan Manufacturing includes overview of the following parts: Abstract MRP for Manufacturing A New Process Design Supply Chain Production Forecast Implementation Plan Business - General Business Week One Individual Assignment: Design a Flowchart for a Process Week Two Individual Assignment: Apply the Learning Curve Theory Week Three
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Flowchart for a Process Paper Operations Management 571 August 28‚ 2010 Flowchart Process There are multiple processes that we do in our daily lives that we would like to take a short amount of time to complete it. "A process is any part of an organization that takes inputs and transforms them into outputs that‚ it is hoped‚ are of greater value to the organization than the original inputs" (Chase‚ Jacobs‚ Aquilano‚ 2006‚ p. 154). Flowcharts are easy-to-understand by demonstrating step-by-step
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Strategic Plan: Riordan Manufacturing Inc. What role should ethical and social responsibility considerations have in Riordan’s strategic management plan? Ethical and social responsibility should be strongly considered in Riordan’s strategic management plan. Companies that support strategic corporate social responsibility focus on factors such as identifying opportunities and threats facing stakeholders‚ managing relationships with stakeholders‚ creating sustainable business practices‚ and most important
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Executive SummaryOctober 1‚ 2014Executive SummaryThe purpose of an executive summary is to summarize a report. Executive summaries are written for executives who most likely do not have time to read a complete document. Therefore‚ the executives summary must cover the major points and be detailed enough to mirror the content yet concise enough for an executive to understand the substance without reading the entire report. An executive summary differs from an abstract. Readers use an abstract
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Riordan Manufacturing: Supply Chain Design Paper Riordan Manufacturing‚ a leading global manufacturer of plastic containers‚ parts‚ and fan parts‚ is wholly owned by Riordan Industries‚ Inc. Riordan’s fan manufacturing plant was purchased in 1992 when it was located in Michigan. In 2000‚ the company moved its fan manufacturing operation to China where it now resides. Riordan schedules manufacturing of fan parts based on forecasted production needs using an averaged three year sales history.
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Running head: PROCESS IMPROVEMENT PLAN Process Improvement Plan YOUR NAME HERE University of Phoenix OPS/571 – Operations Management DATE HERE Process Improvement Plan Successful organizations continuously strive to improve the processes they have in place. Process improvement leads to better quality control‚ higher efficiencies and lower costs. In order to implement a process improvement plan‚ it is necessary to collect and analyze data from the process. In this paper‚ I present
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