Supply Chain Design
Riordan Manufacturing is a global plastics manufacturer and is a subsidiary of Riordan Industries. Riordan Manufacturing has three main production facilities located in Georgia, Michigan and Hangzhou, China. This paper will focus on the manufacturing business and supply chain activities of the electric fan production in Hangzhou China with information on manufacturing strategy, production performance, supplier relationships, forecasting and inventory.
Manufacturing Strategy Riordan Manufacturing China uses a level manufacturing strategy to produce electric fans. The advantages of using a level manufacturing strategy as defined by Jacobs and Chase (2011) are, “Maintain a stable workforce working at a constant
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Year 2007 is estimated data based on an expected 8% product growth:
Riordan Fan Sales 2004 2005 2006 2007
Jan 6894 7583.4 9100.08 9737.086
Feb 6211 6832.1 8198.52 8772.416
Mar 7235 7958.5 9550.2 10218.71
Apr 7679 8446.9 10136.28 10845.82
May 8231 9054.1 10864.92 11625.46
Jun 9114 10025.4 12030.48 12872.61
Jul 10112 11123.2 13347.84 14282.19
Aug 11017 12118.7 14542.44 15560.41
Sep 9743 10717.3 12860.76 13761.01
Oct 7542 8296.2 9955.44 10652.32
Nov 6865 7551.5 9061.8 9696.126
Dec 5932 6525.2 7830.24 8378.357
Aggregate Production Plan Riordan’s goals are to reduce costs by 10% and cycle time by 15%. This is increasingly difficult because Riordan has multiple products with varying demands, multiple prices, and capacity requirements. Riordan will use its forecasted sales figures to build a materials and production schedule for 2007 and beyond if needed. This plan must take into consideration existing inventory and resources as well as planned changes. For this plan to be effective, it must be followed closely and clear checkpoints must be defined to provide the flexibility needed to hit cost reduction and cycle time improvement goals.
Master Production Schedule The existing production schedule will be maximized with the use of a Materials Requirement Planning System. “To determine an acceptable feasible schedule to be released to the shop, trial master production schedules are run through the MRP program. The resulting planned
Locals from Virginia had to deal with many different agricultural problems. Farming in Northampton County was not as rewarding as living in areas like the James and the York. “Early inhabitance of Northampton County could not escape the omnipresent influence of the sea…They were for the most part, small scale producers of grain, tobacco, and livestock.”(Breen, Innes 37) What really devastated this reign was the lack of trade routes due to the shallow harbor and creeks. Many powerful storms from all four seasons destroyed the coast. These storms altered the geographic representation of Northampton County. Due to the vast amounts of streams and creeks flooding into the ocean many coves were formed which as Breen and Innes stated “they anticipated not only that the coves were afforded safe, deep-water harbors, but also that the creeks provided easy access to distant inland resources.” (Breen, Innes 38) Despite the deeper harbor and creeks, a captain
I am writing to express my sincere appreciation and to thank you for supporting H.R. 6261.
Local procurement of materials provides an ease in production at the plant in Hangzhou. Costs are one area that attention is paid so that they can be kept within reason ensuring an affordable product. Throughout the process careful negotiations must be done to ensure there are adequate materials as well as manpower to fulfill the orders that have been placed by customers. The plant has the ability to produce a large amount of stock fans as well as special order merchandise. With specialty orders the process for procurement shift slightly because of the unique nature of the order and the variety of materials that may be used as well. With the procurement of the polymer done locally this also expedites the production process simply because logistics will not be an issue. The necessary machinery for manufacturing is onsite for quick manufacturing times that can quickly move into the production lines for assembly. Assembly leads way into storage for sales. Orders can be filled at the plant as well as shipped directly to the buyer both within China and internationally. Depending on the final destination of the merchandise there are multiple companies that are used to ensure the fastest shipping time to the buyer.
The Virtual Private Network will require a login each time a user needs to access the system implying that all users will be assigned passwords and usernames. The system will also keep in detail anyone who has logged in as a security precaution in order to keep track of who is going into their system and at what times.
Read the “Numbers Can be Worth a Thousand Pictures: Individual Differences in Understanding Graphical and Numerical Representations of Health-Related Information” article prior to answering. Informed decision making in the mental health and medical professions requires the ability to understand and effectively communicate statistical information. For this discussion, address the following in your post:
* All clients pay tuition in advance, and their payments are credited to the Unearned Tuition Revenue account. The account was credited for $65,500 on August 31. With the exception of $15,500 all amounts were for the current semester ending on December 31.
There are various methods of collecting data such that the information collected can be used to draw inferences about the target population. The sales forecast is the key component for the problem statement and for accuracy it is important to know what consumers prefer over Best Buy. Participation in business surveys is usually voluntary and the quality of the results depends crucially on the willingness of enterprises to co-operate. A promising approach to getting high response rates is to make compliance as painless as possible
In web performance circles, “latency” is the amount of time it takes for the host server to receive and process a request for a page object. The amount of latency depends largely on how far away the user is from the server. For obvious reasons, tackling latency is a top priority for the performance industry. There are several ways to do this:
The completed product is stored in a storage room waiting for customer sales. From the storeroom, the customers can pick up their fans from the manufacture. Riordan’s transportation department uses a less expensive Chinese shipping company to ship locally. Logistic shipping internationally is similar to the method within the United Sates. In the event of forecasting shortage issues, Riordan integrated inventory methods that show opportunities to reduce costs and enhance services. The company maintains extra stock of polymer’s but not the electric motors. Nevertheless, the motor supplier maintains extra stock at their facility reducing the overhead for Riordan.
Walking into my classroom every day allows me to feel that I am creating someone’s future be it personally or professionally. I love my career choice because of the impact that I have on my students. In these two years of teaching high school, I have learned a lot about the students in which I share a city with. I say this because when I was in high school, I faced struggles with peer pressure, fitting in, and other frivolous things that really was not as big as I made them. But what I find now is that my students are facing life decisions at even younger ages. Some are facing extreme poverty where they are having to choose
To support this strategy, Riordan will have to implement a material resource planning platform (MRP) to support the lean plan. Furthermore this platform must be open with its suppliers so that everyone
Riordan Manufacturing, based in San Diego, California, is a leading manufacturer in the plastics injection molding industry. Riordan’s most recent financial reports
This is the most cost efficient method of producing these fans involving global opportunities and labor options.
Riordan Manufacturing is a global plastics manufacturer. The company is owned by Riordan Industries, which is a Fortune 1000 enterprise with revenues in excess of $1 billion. The products that they produce is plastic beverage containers. The containers are produced in Albany, Georgia, the custom plastic parts produced at its plant in Pontiac, Michigan, and plastic fan parts produced at its facilities in Hangzhou, China. They employ 550 persons with projected yearly earnings of $46 million. Riordan Manufacturing’s mission is to focus its industry leaders in using polymer materials to provide solutions to our customer’s challenges. Riordan is a privately held company. The Chief Operating Officer (COO) is Hugh McCauley and the Chief Financial Officer (CFO) is Dale Edgel. Individuals in a business usually do not work alone all the time, but instead in teams, committees, departments, and other types of workgroups. Riordan Manufacturing is one of them.
Riordan Manufacturing should begin implementing a matrix structure. Despite the more complex nature of the matrix structure, it promotes a comprehensive understanding throughout the company; allowing more communication between members in different departments and divisions. This enables each member in the organization to know and understand his or her role. This structure also allows