University of Phoenix Material Team Strategy Plan 1. Complete the following table to address the creation of teams at Riordan Manufacturing. Strategy | Strengths | Weaknesses | Clear Expectations Of Goals | Measurement of performance‚ increased efficiency | Lack of communication and relationships. | Channels of Communication | Developing relationships | Performance struggle‚ because of time to develop relationships. | Conflict Resolution | Team learns how to handle conflict.
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Corporate Compliance Plan: Riordan Manufacturing name University of Phoenix LAW/531 Business Law SC10MBA01B Teacher name May 26‚ 2010 Corporate Compliance Plan: Riordan Manufacturing In the early 20th century many large corporations were guilty of committing scandals and fraudulent activities. Many people today are very familiar with Sarbanes Oxley Act (SOX) of 2002 when the large companies such as Enron‚ WorldCom‚ Adelphia‚ and many others collapsed between 2001 and 2002‚ and Congress
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. Riordan Manufacturing Strategic Plan University of Phoenix Strategic Management MGT/498 Riordan Manufacturing Strategic Plan A world renowned plastics manufacturer employing nearly 550 workers worldwide‚ Riordan Manufacturing Co. a leader in the industry of plastic injection molding‚ has more than $1 billion in revenue. With operations based in California‚ Michigan‚ Georgia‚ and China‚ review of current resources within Riordan’s business structure reveal numerous areas in need
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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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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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Riordan Manufacturing (Riordan) is an industry leader in using polymer materials to produce plastic products with projected annual earnings of $46 millions. Riordan has plastic manufacturing plants in Albany‚ Georgia‚ and a custom plastic plant in Pontiac‚ Michigan. Also‚ there is a plastic fan manufacturing plant in Hangzhou‚ China. Riordan also conducts research and development at the headquarters in San Jose‚ California‚ (Apollo‚ 2006). The high demand for materials used in producing plastic
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Production Plan for Riordan Manufacturing Riordan Manufacturing strives to be the leader in using polymer materials to provide solutions to customer’s challenges. The main focus is to achieve and maintain reasonable profitability to assure that the financial and human capital is available for sustained growth. In order to obtain these goals Riordan Manufacturing will need to have a strong production plan. Strategic Capacity Planning Riordan Manufacturing has Chinese business partners with
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Riordan Manufacturing Production Plan Savita Boutot‚ Ken Eakin‚ David Hill‚ Nicole Hugley‚ Julie Hunt‚ Candice McDonald OPS/571 January 10‚ 2011 Ziad Simon Kassis Riordan Manufacturing Production Plan Riordan Manufacturing is a company that uses plastic injection molding to manufacture plastic bottles‚ fans of all sizes‚ heart valves‚ medical stents‚ and custom plastic parts. It has state-of-the art design capabilities to produce plastic product that have earned the company international
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Strategic Plan Paper Strategic Plan Paper Introduction Riordan Manufacturing is a plastic manufacturing company founded in 1991‚ employing 550 people and has projected annual earnings of $46 million. They are a global company with three total manufacturing locations‚ two being in the United States and one in China. Riordan Manufacturing recognizes the importance of strategic planning as part of long term success of the business‚ which will be outlined in this paper. In order for a company 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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