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Riordan Training Document

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Submitted By jdebus90
Words 629
Pages 3
Training Document-
New Employees
JF Debus
ISCOM 424
July 15, 2012
Professor Bright

How Riordan Competes in Global Markets Welcome new hires to Riordan Manufacturing! You have joined a progressive and innovative industry leader in providing solutions using polymer materials. Our company was founded in 1991 and by 2000 had firmly entered the global market with the purchase of a plastic fan manufacturing plant in Hangzhou, China. Most are familiar with the word globalization but may not know the definition or impact to our company. Hopefully after reading this short document you will understand globalization and the actions our company are taking to compete. Globalization is mostly about removing barriers between countries and people. Many large manufacturers must look outside their home countries borders for expanding opportunities. Globalization is exciting and new because of the opportunities to open new markets around the world. The Internet website investorwords.com defines globalization as the “name for the process of increasing the connectivity and interdependence of the world's markets and businesses.” Riordan believes in connectivity and collaboration as the new way to open up markets and expand opportunities for everyone at Riordan. Here is what Riordan are doing at corporate and the plants to stay competitive in the global market. The corporate office in San Jose, California houses Riordan’s Research and Development (R & D). R & D personnel “develop the next generation of heart valves, medical stents, and complementary medical devices.” To separate themselves and compete globally Dr. Riordan and company leaders have established ISO 9000 standards and Six Sigma quality management. These are high standards recognized around the world for superior product solutions. The newest acquisition, the Hangzhou plant, is a prime example of

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