Riordan Manufacturing Bsa 310
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 plants name changed to “Riordan Manufacturing, Inc.” In 1993, Dr. Riordan bought another manufacturing plant in Albany, GA and the company expanded into the production of plastic beverage containers. In the year 2000 is when the company took its most recent expansion to China, moving the fan facility from Michigan to China. At which time all parts and tools were switched out to accommodate the custom plastic parts company. Riordan Manufacturing currently employs 550 workers in four different locations and earns approximately $46 million yearly. Some of its products include but are not limited to: ▪ Plastic Bottles ▪ Fans - All sizes ▪ Heart Valves ▪ Medical Stints ▪ Custom Plastic Parts Though Riordan Manufacturing has seen success since beginning operations, there are still important improvements needed. This analysis is written to identify necessary changes needed to make Riordan Manufacturing a more efficient operating company.
Human Resources The Human Resources Department (HR) is a very important department. In this a team of employees manages the day-to-day operation. The HR Department has responsibilities for but not limited to: ▪ Employee Relations ▪ Training and Development ▪ Benefits ▪ Compensation ▪ Organizational development Human resources are a multifaceted part of any company, an integral process of a path for success. By hiring a strong staff Riordan Manufacturing will succeed. The
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 plants name changed to “Riordan Manufacturing, Inc.” In 1993, Dr. Riordan bought another manufacturing plant in Albany, GA and the company expanded into the production of plastic beverage containers. In the year 2000 is when the company took its most recent expansion to China, moving the fan facility from Michigan to China. At which time all parts and tools were switched out to accommodate the custom plastic parts company. Riordan Manufacturing currently employs 550 workers in four different locations and earns approximately $46 million yearly. Some of its products include but are not limited to: ▪ Plastic Bottles ▪ Fans - All sizes ▪ Heart Valves ▪ Medical Stints ▪ Custom Plastic Parts Though Riordan Manufacturing has seen success since beginning operations, there are still important improvements needed. This analysis is written to identify necessary changes needed to make Riordan Manufacturing a more efficient operating company.
Human Resources The Human Resources Department (HR) is a very important department. In this a team of employees manages the day-to-day operation. The HR Department has responsibilities for but not limited to: ▪ Employee Relations ▪ Training and Development ▪ Benefits ▪ Compensation ▪ Organizational development Human resources are a multifaceted part of any company, an integral process of a path for success. By hiring a strong staff Riordan Manufacturing will succeed. The
References: University of Phoenix, Initials. (2006). Riordan manufacturing. from Website: https://ecampus.phoenix.edu/secure/aapd/cist/vop/Business/Riordan/RioMfgHome002.htm