The Riordan Manufacturing plant in China produces electric fans and distributes them worldwide and needs to implement a more agile supply chain process in order to reduce costs and increase profitability. To make the production of electric fans more efficient, Riordan must put in place an EDI and VMI system, change the levels of inventory that are carried and implement mass customization procedures using the Pontiac, Michigan distribution…
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.…
Moving forward with a new system process design dictates the need to make minor changes that will yield a significant improvement in our supply chain process. We will transition from a forecasting method of production to an agile supply chain process. Last year our on-time deliveries average 93% as the result of an inadequate supply of motors. An agile supply chain process will allow us the flexibility to be responsive to the needs of our customers and minimize the risk of shortages and disruptions of supply (Chase, Jacobs, and Aquilano,2006). Further, an agile process will eliminate much of the difficulty associated the periodic orders placed by our contractual customer. We will install mechanisms to…
The supply chain for The Office will be the intitial suppliers where we gain our different foods like chicken, beef, potatoes, etc. and have it prepped and ready , after that the supply will be distributed to the restaurant, and finally the consumer. The Office will bring value through the initial suppliers because the food will be of better quality that will be processed at the supplier’s facility.…
The process of the supply chain in any industry consists of a network of organizations linked together. The chain of the supply filters from the service and supply network to the suppliers, to the service support operations and local service providers, and finally to the consumer. It is the interconnection of goods from a point of origin to a point of consumption. In the case of high-tech company Riordan Manufacturing, it is imperative that management strategically configure the performance of the supply chain design of fans, consisting of electric motors and plastic polymers, from China’s operating plant, to its final destination and the customer.…
The supply chain is the relationship between retailers, distributors, transporters and suppliers. A supply chain as the network supplies a specific material to the customer (Borgström, 2012). All these components help the production, delivery and the sale of a products and services that are available to the consumers. There are three key components that make up the supply chain. They are supply, manufacturing and distribution (Wise Geeks, 2012). Supply main focuses are on the raw materials that are supplied to the manufacturing which include when, how and from which destination the materials are traveling from. During the manufacturing steps this is when the raw materials are converted into the final outputs and the distribution make sure the finish products arrive to the organization’s shelves for the consumers.…
In order to operate at maximum profit levels, a business must have lower operational costs than the competition. The means to satisfying lower operational costs is Supply Chain Management. Supply Chain Management is a cross-industry wide philosophy to improve operational efficiency by integrating activities of obtaining goods and services to create a product. When implementing a supply chain strategy, consideration must be given to the approach given to suppliers, metrics to measure success of the plan, risk and risk mitigation. In this paper we will discuss the best supply chain management strategy for a newly formed company called Tyson Tools. The organization plans to manufacture electric drills, saws and sanders. Tyson’s business mission is to be the number one provider of power hand tools and deliver superior customer service to its defined market segmentation.…
As the need for companies to condense costs and prices while improving customer service and product quality. The supply chain is the set of processes that encompasses everything from sourcing, transportation, manufacturing, distributing, wholesaling, retailing, and final delivery of goods. Supply chain management has become a progressively more significant factor of corporate strategy over the past several years.…
For this week’s assignment, Learning Team A was assigned the task of reviewing Riordan Manufacturing, Inc., a virtual organization wholly owned by Riordan Industries. This company produces plastics for customers all over the world. Our team will cover the manufacturing strategy, performance methods, supplier relationship, and lean production. Lastly, our team has developed a future sales forecasting plan for Riordan as well as an aggregate production, master schedule, and materials requirement plan.…
They are purchased by buyers in the China Plant's purchasing department from a local Chinese company. While this company attempts to maintain adequate quantities of electric motors in stock to meet all its order requirements, its on-time deliveries over the past year have averaged only 93%. This part of the plant's business is a make-to-stock operation in which the future demand for fans is forecasted based on taking the average of sales for the last three years and extrapolating it into the next year. The assumption in using this forecasting method is that history will repeat itself within manageable limits.…
American car manufacturer, Ford Motor Company is contemplating its future with regards to implementing new technologies that will change the way it interacts with its supplier base. Fords current supplier base is large and don’t align strategically with fords manufacturing process. Teri Takai, Director of Supply Chain Systems at Ford is investigating recommendations made by senior executives to model there supply chain after the Dell Model which involves vertical integration of its supply chain partners and processes.…
Professor Corrado Cerruti, University of Roma Tor Vergata, Italy and Professor Alan Harrison, Cranfield School of Management, UK Case date: 2005…
The agile supply chain There is now widespread recognition of the role that supply chain management can play in enabling organisations to compete in volatile markets. However, experience suggests that there are significant barriers both within the company and between its upstream and downstream partners in achieving the required level of responsiveness across the chain as a whole. Continuous change is a phenomenon with which the supply chains have had to cope for some time. But the rate, scale and unpredictability of change is today’s turbulent business environment is seriously challenging supply chains based on 1990s best practice.…
To cite this document: Rachel Mason-Jones, Ben Naylor, Denis R. Towill, (2000),"Engineering the leagile supply chain", International Journal of Agile Management Systems, Vol. 2 Iss: 1 pp. 54 - 61 Permanent link to this document: http://dx.doi.org/10.1108/14654650010312606 Downloaded on: 03-02-2013 References: This document contains references to 16 other documents Citations: This document has been cited by 76 other documents To copy this document: permissions@emeraldinsight.com This document has been downloaded 8054 times since 2005. *…
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