...Functional Area Relationships: Riordan Manufacturing BUS/475 – Integrated Business Topics March 1, 2010 Dr. Laura Pogue Functional Area Relationships: Riordan Manufacturing Riordan Manufacturing boasts their strategic capabilities and intellectual property strength as having the patents for major polymer material substrates. Because of these patents, Riordan is able to build unique products which create opportunity for their clients. The mission for Riordan is to be a company which pays attention to detail, practices extreme precision, and quality control. The attributes of the Riordan mission are seen throughout the processes of all Riordan projects. Careful checks and balances are placed throughout the process of generating new products which provide Riordan with the ability to create new products to meet the “unique needs” of their clientele. Riordan manufacturing exists to provide innovative products to meet customer needs. While Riordan may have started out holding patents for unique polymer processing substrates, the vision and goals did not stop there. Riordan manufacturing produces medical supplies, plastic bottles, and also owns a manufacturing plant in China which produces fans. The basic focus of Riordan manufacturing is to build a name trusted by clients to be superior quality regardless of the product. Reasons for the organization’s existence Riordan Manufacturing has 550 employees globally who are part of a Fortune 1000 enterprise...
Words: 2230 - Pages: 9
...Running head: FUNCTIONAL AREA INTERRELATIONSHIPS Functional Area Interrelationships Introduction The purpose of this paper is to identify the functional areas of Riordan Manufacturing industry. In this paper, the reasons for the organization’s existence will be identified through an analysis of the mission, vision, values, and goals of the organization. Additionally, an analysis of the type of organizational structure employed by the business will be addressed as well as key positions that support Riordan’s operations. The level of vertical and lateral collaboration among Riordan’s functional areas to achieve their organizational goals will be identified and explained along with examples of the use of lateral and vertical collaboration within the organization. Furthermore, key stakeholders and their roles needed to achieve the organizational goals recommended will be identified and addressed as it relates to Riordan’s success. Analysis of the Mission, Vision, Values, and Goals When analyzing Riordan’s organization it appears the most important reason for the organizations existence is to ensure company grown. They are involved in multiple areas of research and development of plastics products for numerous industries. It looks as if the Riordan is a relatively small company with immense growth potential...
Words: 2827 - Pages: 12
...Introduction Many companies set out to be the best in the field that they are in. The Riordan Manufacturing Company is no different. They have set high goals to be the leaders in their industry and have strong strategic planning to help back this up. They are a company strives to put their people and consumers first and by doing so have been able to be leaders in their industry. They have a clear mission and vision of what it will take to be the best and have strived to be leaders in their field in all aspect of their business. The Riordan Company is built their reputation on good customer service and doing what it takes to have great employees that are all working for the same thing. Mission and Vision The Riordan Company has set them up for success by understanding what it will take to be leaders in their field. They feel that strong business values are important and they are striving to reach the goals they have set forth for themselves. Being a global plastics manufacture can be a tough business to be in and to be successful the Riordan Company realizes that then need to use tools such as six sigma to help them out in problem solving as well as business decisions making. They have set standards such as meeting or exceeding the ISO 9000 standards for great business practices to insure that the products they put out will be the best on the market. They have a strong R-Dbase to help them have the latest and greatest products out on the market. They understanding the importance...
Words: 1745 - Pages: 7
...Functional area relationship: Riordan manufacturing BUS\475- Integrated Business Topics Riordan Manufacturing Riordan is the largest industry capable of making polymer products .Their products are unique and are well designed. They are proud on their strategic planning and intelligence due to which they are able to make unique products. To satisfy their customers and fulfill their demands, the mission of the company is that the work and processes should be perfect and precise. Riordan manufacturing have well disciplined staff, proper management, excellent strategic planning and time to time communication are the qualities of Riordan can be analyzed through their way of working in new projects. To fulfill the client’s requirements they work in intensive care environment to make their product perfect. Due to remarkable reputation Riordan is spreading their industry to provide better services and products to the maximum number of clients all over the world. According to the need of the market they have now started to make medical supplies and plastic bottles. They are trying to get maximum resources to make different variety of products from the polymer. To make their reputation regarding to superior quality they have build a plant in china to supply their product globally. The motive of Riordan is that “No compromise in quality”. Reasons for Riordan’s existence Riordan is marketing their products worldwide. The aim of the company is that maximum number...
Words: 1869 - Pages: 8
...Riordan Manufacturing Systems Analysis and Recommendations BSA 502 February 21, 2011 Donn Leiske Riordan Manufacturing: Systems Analysis and Recommendations Riordan Manufacturing has been an industry-leader since 1992 in the design and manufacturing of plastic injection molding. Riordan is renowned for its excellence in the research and development of innovative plastic designs and products (i.e. plastic bottles, fans, heart valves, medical stents and custom plastic parts). With its state-of-the art design capabilities, Riordan distinguishes itself by striving to achieve and set the standard by which other plastics manufacturing companies are modeled (Apollo Group, Inc., 2004). Capitalizing upon its reputation as a world-class solution provider, Riordan applies Six Sigma principles and ISO 9000 standards to ensure they are supplying their customers with the highest quality solutions possible. Riordan’s goal is to maintain long-term relationships with its customers and make this relationship non-challenging and profitable for all concerned. In addition to Riordan’s customer focus approach to conducting business, Riordan also works hard to provide an innovative and team-oriented work place in which its employees can thrive (Apollo Group, Inc., 2006). Riordan Manufacturing, founded by Dr. Michael Riordan, employs a diverse workforce of 550 employees throughout four worldwide locations which include, Riordan’s Corporate Headquarters located in San Jose, CA whose primary...
Words: 2819 - Pages: 12
...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...
Words: 1108 - Pages: 5
...Process Design for Riordan Manufacturing The Riordan Manufacturing plant in Hangzhou, China operates its manufacturing unit to prepare the electric fan to provide the worldwide supply based on the production forecast sales extrapolated using the theory of moving averages for last three years. This paper includes an analysis of the material requirement planning, existing process design, application of supply-chain concepts including any available global opportunities. Additionally, this paper will include a production forecast and as well as an implementation plan for lean production and a just-in-time system to optimize the profit at Riordan and improve customer satisfaction with timely delivery of orders with appropriate inventory management system. Material Requirement Planning The material requirement planning of Riordan manufacturing is designed to supply the required material for creating the parts of electric fan in order to produce the components at each phase of assembly line production. The receiving department collects the raw material, which is processed in the molding department to make it suitable for generating parts of the fan after being polished and trimmed in the trimming department. These parts are further processed in the assembly department to make larger components such as fan blades or fan housings. The packaging departments puts each parts of the fan in right package with adequate labeling so that it can be delivered to distribution center...
Words: 2340 - Pages: 10
...Riordan Manufacturing [pic][pic] [pic] Strategic Plan 2013 - 2016 MGT 498 January 14, 2013 Contents Introduction 3 Background 3 Internal Structure 4 Background to the Vision, Mission Statement, and Strategic Objectives 6 Environmental Scan 7 Vision, Mission Statement, and Values 8 Vision 8 Values 8 Mission Statement 9 Our Focus 9 Our Customer Relationships 9 Our Employees 9 Our Future 9 SWOT Analysis 10 Key Success Factors 11 Driving Forces 12 Strategic Objectives 13 Meeting Critical Success Factors and Strategic Objectives 15 Strategic Objectives Actions Plans 17 Reference 18 Introduction Riordan’s Strategic Plan will provide the framework to guide stakeholders and management to meet and exceed strategic objectives of the organization. As the plan period progresses, the plan may change dependent upon policy change, leadership change, and/or industry change. This plan concludes Riordan’s discussions concentrating on any challenges to ensure the organization can meet expectations of stakeholders. The management of Riordan will use this strategic plan for direction in achieving objectives. The plan includes the following key points which will guide the direction of the organization: ▪ Vision; ▪ Mission statement; ▪ Environmental Scanning; ▪ Critical Success Factors; ▪ Strategic objectives; and ▪ Strategic objectives’ action plans. Background Riordan Manufacturing is...
Words: 3727 - Pages: 15
...Functional area relationship: Riordan manufacturing BUS\475- Integrated Business Topics Riordan Manufacturing Riordan is the largest industry capable of making polymer products. They are proud on their strategic planning and intelligence due to which they are able to make unique products. For the client’s satisfaction, the mission of the company is that the work and processes should be perfect and precise. The unique qualities of Riordan can be analyzed through their way of working in new projects. To fulfill the client’s requirements they work in intensive care environment to make their product perfect. Due to remarkable reputation Riordan is spreading their industry to make maximum products for clients. They have now started to make medical supplies and plastic bottles. To make their reputation regarding to superior quality they have build a plant in china to supply their product globally. The motive of Riordan is that “No compromise in quality”. Reasons for Riordan’s existence Riordan is marketing their products worldwide. They have 550 employs which are working precisely and with unique skills, which have revenue of approximately 1 billion dollars. Riordan produces different products in their worldwide plants. Albany plant produces plastic containers, Hangzhou, china plant produces fans and other plastic products are produced in their plants located in Michigan and Pontiac. Beside of making these plastic products Riordan is also capable of making automotive parts...
Words: 1334 - Pages: 6
...Running head: RIORDAN MANUFACTURING Riordan Manufacturing BSA375 Ed Odjaghian July 16, 2012 Abstract Riordan Manufacturing Chief Operating Officer, Hugh McCauley, has hired Butner Consulting to integrate all existing Human Resource tools into a single integrated application for all Riordan Manufacturing locations. Riordan Manufacturing wants to take advantage of a more sophisticated, state-of-the art, information systems technology in their Human Resources department ("Service Request Riordan Manufacturing", 2011). Butner Consulting will be responsible for defining the business requirements for the development of the HR system to support the objective of this request. Butner consulting will create a detailed system design and project implementation plan required to complete this project. This project is expected to be completed within six months so the new system can be utilized in the second quarter of next year ("Service Request Riordan Manufacturing", 2011). Stakeholders During this System Development Life Cycle the first phase is “analysis.” Analysis involves detailing the business requirements for the project and what is expected. This stage places a great deal of emphasis upon stakeholder involvement in drafting, reviewing and approving the requirements. These requirements are prioritized in discussion amongst stakeholders so that critical success factors can be defined. Stakeholder involvement is essential to work towards success and satisfactory...
Words: 3201 - Pages: 13
...management to employees. An integral part of the expansion of Riordan Manufacturing to Germany involves the selection of an organizational structure that allows the firm to operate effectively in the new environment. Variations in structure are determined by the tasks a company performs, how management wishes to perform them, and external factors. External determinants include customer demands, competitors' strategies, and government regulations. Implementation of the structural change in Riordan Manufacturing can be assisted by change in the structure of the organization as reflected in its organizational chart. The company’s managers can greatly facilitate the implementation of new strategies by changing reporting relationships, creating new departments or business units, and providing the opportunity for autonomous decision making. Because no single organizational design suits all circumstances, managers at Riordan Manufacturing must carefully consider their company's situation, strategy, environment, age, size, and technology, in Germany before designing a structure for it. Following, are several different organizational structures and their advantages and disadvantages. Functional Structure The functional structure groups positions into departments based on similar skills, expertise, and resources. Functional structure is an expanded version of functional departmentalization. In an organization with functional structure,...
Words: 3370 - Pages: 14
...Riordan Manufacturer Strategic Plan MGT/498 University of Phoenix Professor James Powell October 29, 2012 Mike Mohler, Kanosha Mitchell, DeUndra Askew, Skye Richey, Joseph Okakpu Executive Summary Riordan’s Plan A fortified company is not known for its success in the short run or best time during a booming economy, but in actuality a fortified company is known for setting different plans in place during the hardest economic periods and still manages to remain profitable during this time. The plan that a company follows throughout with plenty room for upgrades or change is strategic planning. Riordan is company that has benefited from a strategic plan to keep the company goals at the forefront and maintain company values as the company matures and adapts to the ever changing competitive market. As a group, we will focus on explaining different aspects of strategic planning while explaining the need for a strategic plan, and defining the role of ethical and social responsibility for the company. The team will list the competitive advantages of Riordan Company and how constant innovation and sustainability affect domestic and international markets. The team will discuss the measurement guidelines to follow and determine strategy effectiveness, setting internal dynamics with consideration to cultural and structural leadership, influencing business continuity, and finally setting up a strong resolution team to deal with assessments and feedback to improve on the strategic plan of...
Words: 2514 - Pages: 11
...Riordan’s Strategic Plan Riordan Manufacturing is a Fortune 1000 company that that leads the world in the manufacturing of plastics and plastic injection molding. With more then a billion dollars in revenue, Riordan has decided to shore up their global business by developing a strategic plan that will take the company into the next five years. With global and domestic operations based in Michigan, California, Georgia, and China, Riordan has reviewed their business structure and revealed areas, which require the optimization of operational efficiency throughout company. Along with other companies, Riordan manufacturing shares competitive advantages in several avenues of manufacturing and business. Riordan’s focus on direct selling gives them a competitive advantage, as does their commitment to their employees, customers, and shareholders. Riordan’s commitment to the community is to provide low cost products, while at the same time sustain revenue and profitability growth. Riordan’s strong brand recognition in their industry gives them an advantage just as Apple, DuPont, GMC, and Nike have in their markets. Riordan’s strong engineering and R&D departments are known for their quality. Strategic Plan Over the years Riordan has expanded business operations from development, to large-scale manufacturing and finally to producing state of the art plastic injectors. Riordan expanded their operation when they acquired a manufacturing plant in Pontiac, Michigan, and...
Words: 3314 - Pages: 14
... Home Page Riordan Manufacturing is a large manufacturing company that produces many products and has many services available around the globe. From the looks of their home page there are several different systems that they employ, but in addition to that there are many different systems and subsystems that have been identified as required by Riordan Manufacturing. Selling and producing this many products, Riordan are operating at a high volume so there will be a great deal of transactions. We are sure that throughout the different locations there are will separate transaction systems with systems connecting to a central system. When reviewing the home page we can also see that they have employed a great deal of such systems. Riordan uses a payroll system, to keep information about employee’s earnings information, such as hours worked or check amounts. Additionally, they use a transaction processing system to process this information to pay their employees accordingly. There is also evidence that within the homepage that they would employ a supply chain management system because of the large production of their products, and the large amount of shipping performed. A company of this size would have shipping warehouses around the world or at their locations to handle the large amount of production that has to be completed. Riordan Manufacturing distribution centers will have a supply chain management system...
Words: 3649 - Pages: 15
...Riordan Manufacturing Management and Communication Plan Riordan Manufacturing does not have a defined management and communication plan in place. Management hired a team of consultants to write-up and define the company’s power and political structure, organizational structure, possible effects on employee behavior, details on the company’s culture, and possible sources of resistance. The plan also includes a strategy to implement the changes, determine how to evaluate the success or failure of the new plan, define the most appropriate communication channel to advise employees of the new change, define potential barriers to effective communicate the change, and how to overcome these barriers if they do occur. The following is this plan with each of the listed topics. The current power structure of Riordan Manufacturing is a formal structure concerning the entire organization’s global operations. With facilities and plants in three different locations making different cultures and time zones variables of the organizations structure, formal rules establish a clear set of objectives and procedures for each individual plant’s operations to accomplish the organizations overall objective. Because the internal structure is grouped and organized to allow the different locations to interact and share information that is vital to the success of the organization through research and development, the structure Riordan uses is a traditional structure. Characteristics of Riordan Manufacturing...
Words: 2271 - Pages: 10
