...Make to Stock Strategy Riordan Manufacturing implements the make to stock strategy in their business. This strategy involves having the manufacturing company match production with consumer demand forecasts. This strategy forecast demand to determine how much stock should be produced. (Jacobs & Chase, 2011). This strategy is beneficial to the company because the fans are seasonal and it allows the company to produce the product during the slow season and can be used during the peak season. This allows for the process to run at a constant rate throughout the year (Jacobs & Chase, 2011). Riordan manufacturing forecast the demand of fans by taking the average of sales for the last three years and extrapolating it into the next year (rorodan 2013). Riordan believes that the same amount of sales will be estimated for the future years. In order to focus on ways to improve Riordan’s current method of operation is by forecasting the customers demand in order to minimize waste Cite tiorodan.). Riordan Manufacturing employs about 550 employees and has projected annual earnings of $46 million. Their sales and production levels fluctuate slightly month over month (Riordan Manufacturing, 2013). Riordan has a stable work force and has enough employees to be able to produce the demand for the goods. Riordan hires the right amount of employees to avoid the tangible and intangible costs of hiring and laying off employees due to not needing them. This strategy allows the...
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...Riordian Request Part 2 Joel C. Rodriguez University of Phoenix July 21, 2014 A good way for the computers to be connected is by using the architecture called star network. The way this design works is that it will link multiple computers system through a central computer. The Central computer does not have to be the main computer. This design will serve the purpose of connecting all the systems together so it can run smoothly and efficiently. The computers can keep communication with each other and can make the system more efficient. The part of the design will be the software that is used to develop the system. The way that the software will be put into the department’s computer is by distributing a CD rom that will have the software. The Software will be installed in the department’s computers in the Human Resources Department for Riordian. The disk will have the system software, all the drives, and necessary information about the system that will available for the user to use when needed to fix any problems the user may have. All application that are used will be compatible with the current operating system, which will run smoothly and efficiently on the computers that have the system. In order to make user that everything will run smoothly is by testing it out with the applications that is used in Riordian. This will give a chance to fix any problems when implementing of the new system. If computers need upgrades in the components then they will be replaced so it...
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...Process Design for Riordan Manufacturing Joshua Kas-Osoka OPS571 July 6, 2010 Introduction Riordan Manufacturing’s owns three plants: Albany, GA where plastic bottles are produced; Pontiac, MI where it handles the company’s custom plastic fabrication, and Hangzhou, China that currently operates a decentralized unit of the organization producing electric fans. When creating a process design for Riordan’s fan production operation, it is important to create a holistic production system that addresses several different aspects of production, including total quality management, material requirements planning (MRP), process design, supply chain considerations such as just-in-time manufacturing and Six Sigma, accurate forecasting methods, and a means of implementing change. Total Quality Management One of Riordan’s principal focuses, as outlined in its mission statement, is on lean Six Sigma (University, 2002). Six Sigma emphasizes fast delivery and minimizing costs, while delivering the highest quality products to customers (George, 2004). The needs of the customer drive everything under Six Sigma and the determination of what exactly the customer wants and what is relevant to the customer leads to process improvement. Studying production data and process workflow improves process and delivery speed, which in turn improves customer relations and increases profitability (George, 2004). Riordan’s Six Sigma projects should always start by studying what their consumer’s want...
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...Riordan Corporate Compliance Plan Learning Team B Veronica Garcia Maribel Rojas Lorena Soto LAW/531 July 23, 2012 Roger Rodriguez Abstract The use of university resources and materials allows teach team members to create Riordan’s Corporate Compliance Plan. In the compliance plan students address the lawful responsibility of Riordan’s executives and presents solutions to situations, which laws have been violated and consequently propose corrective actions. Moreover, the compliance plan study includes relevant information, which further discusses Riordan’s enterprise liability, real, and intellectual property, the governance principles of regulatory compliance as well as international laws or aspects of such that Riordan must adhere to. Riordan Corporate Compliance Plan Riordan’s corporate compliance plan is not only essential but also critical to be in compliance with rules and regulations. The main focus of a corporate plan is essentially to focus on how the lawful responsibility of the executives of Riordan will manage and address situations that may arise. The compliance plan will also focus on what decisions need to take position when laws are not in compliance, when legal council is important and will establish what rights employees have and who individuals may turn to when actions are taken against the organization. Riordan Manufacturing has executed a business fulfillment plan designed accordingly to the organization’s areas...
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...remember that your instructor's preferences for style and format prevail. You will also need to review your own citations and references since WritePoint capability in this area is limited. Please see the other helpful writing resources in the Tutorials and Guides section of the Center for Writing Excellence. Thank you for using WritePoint. Running head: Corporate Compliance Plan for Riordian Corporate Compliance Plan for Riordian Robert Trujillo University of Phoenix Corporate Compliance Plan for Riordian Riordian Manufacturing Inc. makes plastic products through the process of plastic injection molding. The main industries that use Riordian products are automotive parts manufactures, aircraft manufactures, aero space manufactures, beverage manufactures, and home appliance manufactures. The company’s annual revenues are $46 million. The company employs 550 people throughout three plants located in Georgia, Michigan, and China. Research and development is done at the corporate headquarters in San Jose, California. In 2000, Riordian Manufacturing Board of Directors decided to expand its operation in China in order to be more competitive in the global market. After completing an extensive market analysis of all their manufacturing plants, they decided to close the Michigan plant. With the expansion and move the company will have to make some significant changes within the company. The conversion of company policies to international...
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...Riordian Manufacturing Accounting Riordan Manufacturing, Inc., the global leader in the field of plastic injection molding. The company produces plastic bottles, fans of all sizes, heart valves, medical stents and custom plastic parts. Riordan Manufacturing is fully owned by Riordan Industries and has 550 employees and generates an excess of $1 billion in revenue with a projected $46 million of annual earnings. Riordan has facilities in San Jose, California, Albany, Georgia, Pontiac, Michigan, and Hangzhou, China. Riordan has demonstrated they can be very successful and contend with their competitors as a Fortune 1000 company. There are a few major economic influences affecting Riordan’s operations and strategy including interest rates, unemployment rate, inflation rate, gross domestic product, consumer confidence and currency exchange rates. History Dr. Riordan started Riordan Manufacturing after purchasing a in 1992 when he obtained the venture capital to purchase a fan manufacturing plant in Pontiac, MI. Riordan’s primary plant for making custom plastic parts is the Michigan plant. In 1993 the company also began to produce plastic containers for beverages out of Albany, GA. The most recent the venture for Riordan is its expansion to China as the main manufacturer of fans. Riordan’s main customers are automotive parts manufacturers, aircraft manufacturers, the Department of Defense, beverage makers and bottlers, and appliance manufacturers. Riordan Accounting System ...
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...Service Request Gregory Doran BSA/375 June 6th, 2016 Dr. Mason Service Request Riordian Manufacturing is a growing and thriving company in a variety of product markets. It is important as a company looks for changing the software development for the company that analysis the current infrastructure of data must be gone over and options to change the current system. First there needs to be information gathering techniques and systems analysis tools that will assist in sorting out certain key documents. Working with cases, process models and data models the purpose of this phase of development is to create a system proposal outlining the requirements and a work plan. How to gather this information is going to be split up amongst system documentation, interviews, questionnaire’s, and work based observation. Making sure that these information gathering techniques are collecting the required information on the project is vital. Last going over project scope and why it is important that a common understanding of the project scope is important among stakeholders. Looking at all of these topics will educate on proper analysis of a project. It is important to begin with information gathering techniques and the ways this will need to be gathered. An important part of the data that can be gathered is Data Flow Diagrams. “DFD is a technique that diagrams the business processes and the data that pass among them.” (Systems 153) It is important that this data reflect the processes...
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...MMPBL/530 Situation Analysis Issue and Opportunity Identification The employees of Riordian Manufacturing feel that the supervisors of the company are demotivating them. They expressed his in focus groups. The employees initially stated that the supervisors treated them well when they were discussing their treatment with the consultant that was hired. Willingness to perform key behaviors is an important determinant of behavior. That is, employees must be “motivated” if they are to perform behaviors such as high task performance, job seeking, attendance, or cooperation with others” (Dreher & Dougherty, 2001). The motivation level at Riordian Manufacturing is at a tremendous low point. The company has the opportunity to increase the motivation level. Employees feel that the promotions that have taken place at Riordian Manufacturing are based on politics rather than merit. The employees also feel that there is a lack of career information, development opportunities and career advancement. The literature on sponsorship and mentorship in organizations, which suggests that employees with impressive ability and motivation may be constrained in their level of achievement and career success by a lack of opportunity (Dreher & Dougherty 2001). The consultant that Riordian Manufacturing hired suggested that other companies have implemented extensive career development and mentoring programs. Riordian Manufacturing has the opportunity to institute proven advancement programs. Riordan...
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...working through the various stages of the assignment, using MS Project, comments, what would you have done differently, etc. ATTN: Hugh McCauley Service Request 004 for Riordian Manufacturing (SR-rm-004) asks to analyze the current human resource system to integrate the existing variety of tools in use today win a single integrated application (University of Phoenix Virtual Organizations, 2012). The current Human Resource Information System (HRIS) was installed in 1992 and was actually part of the financial systems package as part of the finance department. (University of Phoenix Virtual Organizations, 2012). Since the early 90’s, the advent and development of information technology has come to fruition thus making it more appropriate for a more technology centric group to take charge of the project. Although room for growth and elaboration was limited in the past, the legacy HRIS system kept track of the following: personal information, pay rate, personal exemptions, hire date, seniority date, organizational information and vacation hours. Changes to any of the above employee categories are made by submitting physical, hand written form by the employee’s manager and subsequently entered by the payroll clerk. Full details of the current system can be found under the Human Resources intranet web page on Riordian Manufacturing’s website. During assignment #1, the primary objective was to analyze the above summarized service request into a basic outline with primary tasks. Although...
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...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 climate. In addition, they invest time, product and...
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...Running head: PROBLEM SOLUTION: RIORDAN MANUFACTURING Problem Solution: Riordan Manufacturing Ray Pena University of Phoenix Problem Solution: Riordan Manufacturing In this paper will attempt to construct a problem statement that will assist Riordian Manufacturing in transforming their current human relations model. After establishing the company’s issues and opportunities that may arise as a result of attending to their current problems, the paper will discuss the influences that the stakeholders have during this process. After assessing the challenges, there will be a reflective analysis of primary and secondary alternative solutions that will facilitate the course to reaching the end state goals of the company. Finally, after creating mitigating factors and techniques that will help battle any conflicts, the paper will itemize a strategic implementation plan that will allow the successful implementation of changes and solutions to the conflicts. Situation Analysis Issue and Opportunity Identification Riordan is facing numerous issues within this scenario. The diversity with the employee pool is a challenge because of the span of ages and experiences. Each of the groups has extremely different opinions and desires in regard to rewards and motivation. A challenge exists for the leaders to come up with motivational techniques that will be well received by all the employees. The next issue that Riordan has to recognize is the fact that the leadership...
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...Running Head: Process Design for Riordan Manufacturing Process Design for Riordan Manufacturing: Inception to Production Planning Writer’s Name Course Name, Semester No, Class Level Supervisor Name September 23, 2009 Introduction The present paper discusses the proposal package for Riordan which handles each step of electric fans from inception to production. It includes the material requirement planning phase of fans being manufactured at the China Plant. There is further analysis of existing process for the production of the Riordan electric fans. It provides the basic outline for designing the new process to remove the bottleneck in the process to optimize it for meeting the demands of customer by supply-chain concepts. Production forecast for the Riordan electric fans is discussed along with implementation plan of Lean Production using Gantt Charts. Finally, cover letter describes the coordination of aggregate operations planning and suggested TQM process to define the strategic objective of the company. The MRP for the Manufacturing of the Riordan Electric Fans The China plant of Riordan Manufacturing is the production unit which applies material requirement planning to meet the time-phased requirement of material for assembled units or fan production operations. Raw materials are collected at receiving departments. These are processed to make it suitable for molding departments. The molded unit acts as input for trimming department...
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...Change Management Shannon Goralski MGT/311 May 26, 2014 Marcia Ridley The following is going to discuss Riordan Manufacturing’s decision to make a change to the company’s customer management system. The company does not currently have any formal system for managing their customer information and has traditionally left this up to individual employees. This new system will require all employees to use one customer management system. In our report we are going to discuss the following; the current formal and informal power structures in the organization, the most appropriate and effective organizational structures for Riordan Manufacturing that will help them accomplish their planned changes, the potential effects of this selected structure on employee behavior, the characteristics of the company’s culture, and the potential sources of resistance to change. Once the previous steps have been identified we will recommend a strategy to implement the changes over the next 12 months. From there we will evaluate the success or failure of the planned change. As with any new change, there may be some resistance from employees, so we will also develop strategies to help Riordan Manufacturing manage any resistance to this new customer management system. Change Management Plan Riordan Manufacturing utilizes both formal and informal power structures in various aspects of the company’s management. Formal power structures are used to organize leaders in...
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...Run the “Business Regulation” Simulation. Develop a 1,400-1,800-word paper (including tables) in which you do the following: a. Identify the key facts, regulations, and legal issues in the simulation. b. Based on the simulation, identify several of Alumina’s values and stakeholders. What are the conflicts among the competing stakeholders, and how does this constitute an ethical dilemma? c. Analyze risks presented. Considering alternatives not contained in the simulation, recommend a solution for Alumina and evaluate it in the context of Alumina’s legal position. Justify your recommended solution. d. How well does your recommended solution address the ethical dilemma identified in item b? How well does it align with Alumina’s values? Learning Objectives See Week 3 objectives listed in the rEsource material or module. Required Reading Read the materials for Week 3 on your rEsourceSM course page. Read Ch. 7, 13, 14, 15, and 17 of Business: Its Legal, Ethical, and Global Environment. Assignments Run the “Contract Creation and Management” Simulation on your own before meeting with your Learning Team. Identify the elements of a contract and specify where (or if) they are present in the simulation. For purposes of helping you to analyze the assignment, divide the Learning Team into two sides, one representing the party needing the software and the other representing the party designing the software. Each party should identify...
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...To: Riordan Executive Officers and Directors Date: Monday, February 14, 2011 Subject: Corporate Compliance Plan for Riordan Manufacturing Inc. Overview of Riordan Manufacturing Riordan Manufacturing is a global plastics manufacturer employing 550 people with projected annual earnings of $46 million. The company is wholly owned by Riordan Industries, a Fortune 1000 enterprise with revenues in excess of $1 billion. Its product include plastic beverage containers produced at its plant in Albany, Georgia, custom plastic parts produced at its plant in Pontiac, Michigan, and plastic fan parts produced at its facilities in Hangzhou, China. The company’s research and development is done at the corporate headquarters in San Jose. Riordan’s major customers are automotive parts manufactures, aircraft manufacturers, the Department of Defense, beverage makers and bottlers, and appliance manufactures. (University of Phoenix 2011) Corporate Compliance Overview Riordan Manufacturing has created a Corporate Compliance Plan customized to the organization’s specialized field of plastic designs. Riordan is committed to managing and operating the organization programs with the utmost degree of business, ethical and moral principals. Employee expectations are maintain an innovative and team oriented working environment by assuring that the employees are well informed and properly supported, the company will provide a climate focused on the long-term viability of the...
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