... Competitive Advantages Paper To remain competitive in the ever-changing industry of plastics and global trade Riordan Manufacturing must stay up on the latest and greatest ideas and trends. While doing this Riordan must also tend to the needs of the new customers it creates and the concerns of the existing customers it has made. In the following we will discuss the similar competitive advantages of a Riordan and other companies such as General Mills and Apple, Inc. that were researched in addition to Riordan by team members last week. We will then estimate which competitive strategies Riordan could use to improve innovation and sustainability of business operations in both the United States and globally. We will discuss why we chose those competitive strategies and estimate why they might affect sustainability of long-term organizational performance. Finally we explain how the global market would affect the business strategy of Riordan. Riordan Manufacturing is a global plastics manufacturer that employs 550 people. It is a wholly owned subsidiary of Riordan Manufacturing Industries, which has earning of more than $1 billion. The company’s headquarters in San Jose, California but has many locations worldwide. Riordan has global reach with production facilities in China and the United States. Having that global reach has afforded Riordan significant competitive advantages and strategies. General Mills and Apple are companies with common...
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...It Affects Our Oceans Too Many people assume that marine pollution isn’t an important problem as the other problems that affect our environment. However, from what I’ve seen and researched about, it is a major problem because it’s not only affecting marine animals, it’s affecting humans as well. In the whole world there about 80% of pollution that is in our waters comes from land. National Ocean Service says that nonpoint source pollution is the main source of ocean pollution. The small things, like septic tanks, cars, boats, and trucks, and the big things, like farms, ranches, and forest areas are what is causing this problem. Another organization, WWF Global, claims that the things that pollutes our waters are oil, fertilizers, sewage disposals, sea full of garbage, and toxic chemicals. They state that oil from vehicles are dripping on roads and parking lots and finding it’s way to the sea. However oil isn’t the only thing that’s flowing into the ocean. Plastic, balloons, glass bottles, shoes, packaging material, and everything else that is not disposed correctly are appearing there. With this waste floating in the waters, marine animals sadly mistake them for food causing it to block their breathing passage....
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...Effects of Bottle water What is the most the prime suspect of droughts, floods, storms, loss of land, habitat, glacier, homes and even lives? Bottled water has been juicing us dry for far too long. It has been cheating us, it has been lying to us, and it has been taking from us for and we have done nothing but, accept this thing into our society but, in reality it is really more like a virus to us all. We never realize it because the effects don’t affect us directly right away but, it affects us passively with its very existence. Let me explain with reason, evidence, and my response and we will see what truth to behold. First we need to understand hows it is cheating us, and lying to us “Bottled water costs about 2000 times more than tap...
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...Did you know that about 14 billion pounds of garbage is dumped in the ocean each year? This is very concerning because if we don’t choose to get rid of our garbage the right way, we aren’t only hurting the lives of plants and animals, we are also putting our own lives on the line. Most of the garbage is plastic from bottles, wrappers, straws, and bags. These plastic objects harm the plants and animals living in the ocean. This is one huge reason we need to recycle. Additionally, we need to recycle to protect people and the Earth. We need to recycle to protect animals. Animals are in danger because of plastic waste being dumped in the ocean. On page 29 of Protecting Our Planet, author Jilly Hunt states that, “Small bits of plastic can be eaten by fish and other sea creatures.” This proves that because of people not recycling, many animals in the ocean can get sick and...
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...Competitive Advantages Trisha Sadler, Darryl Warren, Josephine Ives, Rebecca Smith, Beth Sexton MGT/498 May 19, 2014 Rolando Espiritu Competitive Advantages Competitive Advantages - Riordan Riordan is a plastic manufacturing company, which was started in 1991 (University of Phoenix [UOP], 2013). The company has locations in California, Michigan, Georgia, and China. The company’s business units are plastic parts manufacturing, plastic beverage containers, and the plastic fan facility. Riordan’s customers consist of beverage makers, medical supply firms, electronic supply firms, and pharmaceutical companies (UOP, 2013). A competitive advantage allows companies to increase sales, resources, and market share. Team B’s analysis will provide insight on Riordan’s competitive advantages by identifying competitive strategies, competitive sustainability, and the effect of the global market changes to the company’s business strategy. Riordan’s Competitive Advantages Every organization must establish some type of competitive advantage. The recent research of FedEx, Southwest, and McCain Foods’ competitive advantages assists in identifying Riordan’s competitive advantage. The first step in competitive advantage is creating a mission statement and developing a strategic plan. Firms that operate with a strategic plan develop focus and alignment. Introducing unique products or services leads to the establishment of a competitive advantage. In the case of FedEx, the core service...
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...Risk OneEarthquake Due to the frequency of occurrence of earthquake in California and China, the China plant of Revedo Manufacturing Inc. could witness such disaster. – Global Risk | Chances are that earthquake could occur in China location of Revedo Manufacturing Inc. plant. This type of natural disaster is uncontrollable and will of course affect productivity and projected profit of the organization. | The entire organization stakeholders.Management, employees, trade contractors, customers, environmental group and localResident. | ( See explanation below) | HighEven though Earthquake often occurs in China, The likelihood of occurrence in in China plant is remains at medium. This is because there is historical fact that it has severe impact in the area the plant is located. | HighThe effect of EarthquakeThe companyOffice in San Jose And ChinaIs absolutelyA high severity.This is because properties will be lost,Production Will be affected, data will be destroyed and this act will definitely Lead to loss of Revenue. | HighBack up technologicaltools in remote location. Put in place effective disaster recovery program. Most important the company insure properties, machinery, and every infrastructureagainst any type of naturaldisaster. This of course, willminimize loss. | Risk TwoRevedo as a multi-national plastic injection manufacturing organization, with one of its three plants in Hangzhou in China is of course subject to Cultural difference risk. Such risk will be more related...
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...modifying individual behaviors. The issue A significant area of behavior modification regarding the environment is the use of plastic bottles. The increase over the last several decades of Polyethylene terephthalate (PET) bottles for bottled water is staggering. The reduction of the use of PET bottles will play a significant role in how an individual can change our environment. One of the most significant challenges of plastic bottles is estimated that it requires over 700 years for plastic to decompose. Pollution caused by plastic is a world-wide problem. Researchers estimate that there is an ever increasing "garbage patch" of plastic twice the size of the state of Texas moving in the North Pacific Ocean. Humans, ecosystems, and wildlife are seriously challenged by debris from plastic. Disposable plastic water bottles for bottled water are made out of oil which is a finite natural resource known as Polyethylene terephthalate (PET). PET bottles require energy to manufacture and transport. The amount of oil used to produce water bottles each year which equates to 17 million barrels of oil is the same amount of oil that would fuel over 1,000,000 cars for a year (Palliser, 2010). * Strategies for promoting positive environmental behavior * The use simple strategies of reducing, reusing and recycling can play a major impact on the reduction of plastic bottles and their impact upon the environment. There are more than 50 billion bottles of water purchased globally. It is...
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...engages in plastic injection molding with operations both in the United States and China. As an industry leader, Riordan is in the process of identifying strategic factors in the internal and external environment. The goal is to develop long-range plans to manage resources as well as the opportunities and threats present in the environment. Emerging markets of Asia, some in South America, and in Europe expects to bring in demand for more products. These markets deeply affected by lifestyle changes ushered in by the new age of multimedia, economic growth, industrialization, and growth of personal income will power the expected growth for plastics and other consumer products. Competitive Advantages and Strategies Riordan is a company with business across the globe. Similar to companies like McDonald’s and The Gap, Riordan receives a great deal of pressure to maintain technological perks to the customer, treat the employees well, and support efforts to enforce the protection of the environment. As a global company, special interest groups sometimes have a louder voice than the public; these groups will request, almost demand, the support of the business within the community. For Riordan to remain competitive the company has been very supportive of special interest groups to include improved processes resulting in improved manufacturing processes that reduce their footprint left on the environment. Community and Market analysis is based on the global location...
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...Bottled Water report Autor: Marlon- Pavel End ID:12074541 Written on the 14 – 15. 2. 2013 Contents page 1. Introduction and Background Information Page 1 2. Demand & Supply Factors a. The economic crises Page 1 b. Weather- Global warming Page 2 c. Advertisement Page 3 d. The environment Page 4 3. Elasticity or inelasticity of demand and supply related to the factors above Page 5 4. competitive and pricing strategies e. water drunk at home Page 7 f. water drunk outside Page 7 5. Conclusion Page 7 6. References Page 9 Introduction and Background information This report was requested by my summer internship company and contains information about the current market situation of bottled water drunk in the home and bottled water drunk outside the home. The report will focus in these two markets, on supply and demand factors, concepts of elasticity of demand and of supply related to the factors and competitive and pricing strategies. The information given in the report are researched in databases, books, websites, internet articles and YouTube clips. Supply and demand factors in the markets. The economic crises The economic crises, started in 2008 caused a decrease in the PDI (Personal Disposable Income) which led to a decrease in general household spending (Kirkup, 2011) The bottled water market was affected by the economic...
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...International Marketing Ethics Paper MKT/ 450 International Marketing Ethics Business ethics means acting and performing in a way that is considered morally appropriate. By doing so, it means that corporate decisions have been made with out any wrongdoing to any person or place. However, the world has hundreds of countries with unique cultures that do not share the same guidelines. Riordan Manufacturing is a global plastic company that is owned by Riordan Industries which is a part of the Fortune 1000 enterprise. Riordan Manufacturing is considering marketing its top-selling product to France. The company is faced with three ethical issues that may affect their marketing efforts. Expanding to Europe and specifically France can effect Riordan’s marketing strategy. Riordan Manufacturing has manufacturing plants in Georgia, Michigan, and the most recent expansion is in China. Some ethical issues Riordan Manufacturing can face are China manufacturing and child labor laws, Environmental issues as plastic cause harm to the environment, and finally cultural factors. France is strongly against exploiting children to work. In France it is mandatory for children go to school from the age of six to sixteen. Children cannot be legally employees until after 16. at fourteen during holidays they could apply for light work. It is also prohibited to employ children under the age of eighteen in “preparation, handling,, or sale of written material, posters. Drawings, and other materials...
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...and with their customers, providing unconventional ways to improve the environment of the workplace to increase thinking, creativity, and productivity, which can help in better decision-making and can help increase its profits. The intent of this paper is to decide which competitive advantages Riordan has in common with the companies researched last week, and estimate, which competitive strategies Riordan could use to improve innovation and sustainability of business operations both in the United States and in the global market. In addition, Team A will explain why the competitive strategies were chosen and will estimate how they may affect sustainability of long-term organizational performance while explaining how the global market would affect the business strategy of Riordan. Riordan Manufacturing Riordan Manufacturing is company known for their manufacturing of plastics globally. Riordan produces plastic beverage containers, custom plastic parts, and plastic fan parts from their facility in China. Riordan has become a Fortune 1000 company and has done well. Riordan expanded to China and that facility, at the time, employed more than 300 employees. Riordan has had to consider current business operations, the economy, and cultural diversity concerning forecasting for the company. Riordan Competitive Strategies One strategy of Riordan is the use of history tracking on sales. The weakness is that their sales database and their files of pat marketing research, plans...
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...also be presented to describe how the competitive strategies chosen may affect the sustainability of long-term performance and how the global market would affect the business strategy of Riordan. * Like Costco, Riordan manufacturing generates greater sales and margin to optimize their investment. Riordan’s sales and product strategy has been proven effective through their pricing and product selection, which sustains their strategic goals and objectives. To retain their customers, they increase their sales through employee satisfaction. The exceptional customer service is implemented in order to satisfy their financial performance as part of their objective. This puts Riordan in the lead to achieve their goals and secure some of the largest accounts to increase their market. The value and the effectiveness of Riordan manufacturing is truly as effective using the SWOT analysis. They also exemplify ways to generate planned revenues with the delivery of their product, which in turn strengthens their competitive advantage. The structure of their plan is based on financial goals, action plans and objectives with reviews of their performance. Riordan is a plastic manufacturing company that could improve their business operations by producing innovative materials with environmental concerns in mind. These improvements in business practices will redesign their products, which will refine Riordan’s global strategy and opportunity to meet customer needs....
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...similar competitive advantages and they often share the same thought process on which competitive strategies will best result in long-term organizational performance. With that being said, this paper will discuss Riordan’s competitive advantages in association to some other major corporations, the competitive strategies that may help to increase the innovation and sustainability of their operations, how these strategies will affect the long-term performance of the business, and what global consideration should be taken into account for their business strategy. Coca Cola, Starbucks and Riordian have a number of competitive advantages in common, with the most significant as market leaders, having a strong brand, having a focus on corporate climate, and focusing on a product or product group. Other areas of strengths are being leaders in their field: Coca Cola as a giant in the beverage industry, Starbucks masters the art of producing, brewing, and serving high quality coffee in an upscale environment, and Riordian dominates in the plastics industry by using plastic injection molding for their containers, producing medical equipment parts, and the various fans and parts they produce. Another competitive advantage that these companies possess is diversification within related fields while maintaining high quality products. Their branding is strong, with the names and logo’s being widely and easily recognized. They place high value on employees and their well-being by focusing on corporate...
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...A. How does the change of water vapour in the atmosphere affect the climate and environment? How can we help prevent these changes if there are any? Since humans began to use coal, oil, and natural gasses and other fossil fuels as main power sources, there have been major changes to the climate; these changes are mostly damaging to the environment and have caused irreversible affects that have damaged the environment. One of these changes is global warming. Global warming is one the main affects that the use of fossil fuels has created. Global warming is an climate change that has its own consequences; it has created many secondary effects. By heating up the planet the ice caps have begun melting; this in turns increases the amount of water...
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...Competitive Advantages Paper MGT/498 Competitive Advantages Paper In today’s global economy, more and more companies are finding it difficult to grow their business domestically. As domestic opportunities decrease, more and more organizations are finding themselves looking for opportunities in the global market searching for ways to gain a competitive advantage. In this paper, team A will analyze the competitive advantage Riordan Manufacturing, Incorporated (Riordan) has in common with other companies, and estimate which competitive strategies Riordan could use to improve innovation and sustainability of business operations both in the United States and in the global market. We will also explain why we chose these competitive strategies and estimate how they might affect sustainability of long-term organizational performance. Finally, we will explain how the global market would affect the business strategy of Riordan. Competitive Advantage Strategies The three competitive strategies that Riordan can capitalize on to improve innovation and sustainability of business operations are research and development, purchasing, and logistics. Riordan us an industry leader in the field of polymer materials solutions and polymer materials research and development and patent licensing. The company should explore strategic advantages through its research and development functions as well as through its Operations Excellence model. Riordan employs detailed process systems and...
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