Supplier Management, (2011), Supply Chain Relationships, Retrieved from: https://supplyperformance.wordpress.com/2011/01/11/supply-chain-relationships/
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It is essential that Riordan Manufacturing develop a well-designed strategic capacity plan in order to ensure that the business is profitable and produces the electric fans in a cost-effective manner. The success of a supply chain lies in good strategic and tactical planning and monitoring at the operational level. “Strategic planning is long-term planning and usually involves selecting providers and distributors, location and capacity planning of manufacturing/servicing units, among others. In the context of supply chain design we usually consider two aspects in the selection of partners: the qualitative aspect and the quantitative aspect. The qualitative…
The supply chain for Riordan Manufacturing does consist of many different factors. From the ordering of the supplies and the shipping of different products, the resources can be stretched thin. In order to fix this the entire process, Riordan Manufacturing will need look at and review their current process to see if there are any areas that can be changed. In many cases, the products are being shipped internationally so in these instances there is little room for change due to the laws and regulations. With the other areas of shipping, especially in the China plant, the mode of shipping can be addressed. The Riordan uses two different companies for their shipments. To create a more streamlined process, Riordan can use FedEx solely. With this process, FedEx can make an agreement with Riordan for all of their shipping needs throughout the world. In some cases, FedEx would be able to offer discounts on the costs, lowering the costs to Riordan. Another area that can be addressed would be the motor ordering. There…
Riordan is currently facing forecasting and managing the supply chain difficulties at its China facilities. This paper examines Riordan’s supply chain and offers suggestions to improve its process management, production plan, increase quality and lower costs while following lean manufacturing principles.…
Apple Inc. Process Designs and Supply Chains, Pt. 2 Juanita Askew OPS/571 April 13, 2015 Malcolm Shannon 1 Introduction Apple Inc., will evaluate their Internal process from their previous week. This would be beneficial to the organization because they will get the opportunity to improve in areas that they are lacking in. Therefore, Apple will provide the following: Effective & efficient data What was done to improve their processing method; (VCA process) Apple will present a flow chart with their improvements The company will also recognize two Internal process related to the (VCA process) for improvements 2 Efficiency & Effectiveness Evaluation...and Areas For Improvement VCA Improvements -Change within retail stores and management -Data system used to retrieve costs of product and services -Analyze how the employees are progressing through the next compliance’s, which the company has set 3 Apple 's Flow Chart CEO …
For this week’s assignment, Learning Team A was assigned the task of reviewing Riordan Manufacturing, Inc., a virtual organization wholly owned by Riordan Industries. This company produces plastics for customers all over the world. Our team will cover the manufacturing strategy, performance methods, supplier relationship, and lean production. Lastly, our team has developed a future sales forecasting plan for Riordan as well as an aggregate production, master schedule, and materials requirement plan.…
The Coca-Cola Company is one of the best known brands in the world because of their commitment and effective marketing strategies. The company understands their target markets and the logistics required to have their products reach their customers across the world. The Coca-Cola Company uses an efficient, extensive network of distributors to reach retailers, and ultimately, their consumers, making their products available when and where customers want them.…
David J. Burton, AICP, is a native of Columbia, SC. and is the Founder and CEO of the Diverse Manufacturing Supply Chain Alliance (DMSCA) and the DMSCA Supplier Development Foundation. Burton obtained his B.S. from the Morgan State College and a Masters from the University of Pennsylvania in City Planning and Regional Science. Burton is a former Adjunct Professor in Planning at Howard University and a decorated Vietnam Veteran. Burton is active in Small Business Advocacy and Educational Civil Rights and is the lead plaintiff in The Coalition v. State of Maryland, an advanced civil rights case to restore parity and equity to Maryland Historically Black Colleges and Universities (HBCUs) and was the 2013 recipient of the Lawyers Committee for…
The financial stability and credit worthiness of the company is of primary importance. The reputation of the company visavis their supplier is also very important. For example, is this a company that is fair with its suppliers and honors its payables in a timely…
The current supply chain process in place is not efficient to the Riordan Manufacturing Company. The main problem is no communication between departments, factories, and suppliers, which is causing abundance of wasted man hours and over production of products. The goal is to provide communication between departments, factories, and suppliers; thus creating an efficient and effective way of meeting customer expectations and reduce product waste.…
Jagdish N. Sheth is Charles H. Kellstadt Professor of Marketing, Emory Business School, Emory University and Arun Sharma is Associate Professor of Marketing, University of Miami. This paper extends research published by the authors in Industrial Marketing Management (March 1997). Please address correspondence to Arun Sharma, Department of Marketing, University of Miami, P.O. Box 248147, Coral Gables FL 33124, Telephone: (305) 284 1770, FAX: (305) 284 5326.…
To fully appreciate the recommendation for a supply chain strategy, it is necessary to know something about them. There are numerous strategies one can use for supply chain: Keiretsu, vertical integration, and virtual companies. These Three are by no means the only strategies, but ones which may be considered.…
The case study describes an experience of Dinsmore’s friend coming to visit the Flagship hotel, where Dinsmore took over the manager position. This guest focused on analyzing how does the hotel look from the outside and how does the actual business run inside Flagship by the request of Dinsmore. The experience was a nightmare to the guest. All the employees made mistakes from the moment the guest walked in to the hotel and walk out, plus they showed the careless attitude and lack of career professional. More importantly, Dinsmore- the one who asked for the investigation seemed to ignore all the feedbacks and the horrible service quality that his hotel is providing. Dinsmore blamed the low income of Flagship only on the restaurants but reality is the opposite…
It is important that the organization has a high communication frequency and information sharing with its suppliers. A good frequent contact and information sharing helps routine issues such as product availability, order handling and delivery issues and reduce uncertainty. When the organization has frequent communication with it's suppliers, it can give the supplier the chance for operational improvements and product development. This can indirectly help the…
Logistics customer service has received considerable attention over the past several decades. Evidence exists that superior logistics customer service leads to better overall firm performance. Yet mixed findings were observed, and this relationship has been tested across multiple operationalizations and diverse industry settings, which may contribute to these mixed findings. There is thus a need for a systematic analysis that examines all of the prior evidence in an aggregate inquiry of logistics customer service. Meta-analysis, which is a relatively under-utilized methodology in supply chain management research, is applied to provide a quantitative examination of 37 sample studies and an assessment of overall population effects. The main contribution of this research is that we statistically aggregate and summarize existing research on logistics customer service. In addition, moderators that affect the relationship between logistics customer service and firm performance are examined. The results provide evidence that logistics customer service has a significant positive relationship with firm performance; however, significant heterogeneity was detected. This points to areas in need of additional research in order to obtain generalizable evidence. Keywords: transportation, distribution, and logistics; performance measurement; business-to-business marketing; meta-analysis; archival research; 3PL…
The article is all about successful supply chain partnership elaborated by authors Douglas Lambert and Michael Knemeyer, they cited the processes between Wendy’s International and Tyson Foods to analyze faulty and precise managing of supply chain partnerships. Supply chain involves the network of interconnected businesses involved in the ultimate provision of product and service packages required by end customers, effective management of the supply chain focus on valuable supply chain partnership, that if taken for granted may lead to mismatched or failed expectations, which could eventually flaw business relationships and business performance.…